At
Pacific Intermountain we also offer other insurance services
including:
*
Medicare Supplement
*
Long-term care
*
Personal Disability Income
*
Business Insurance
Medicare Supplement
Though
Medicare covers many health care costs, there are many medical
services and costs that Medicare either does not pay in full
or does not pay at all.
To
fill the gaps in your Medicare coverage, you have the option
of buying supplemental insurance commonly known as "Medicare
Supplement."
The
best time to apply for Medicare Supplement coverage is between
the age of 65 and the six-months following age 65. If one
already has a Medicare Supplement, but wants to compare benefits
and cost, they must be in fairly good health to change plans.
There are situations when one can obtain Medicare Supplement
coverage even if their health is jeopardized.
There
are many plans and companies to choose from to help you pay
the bills Medicare does not, and provide you with protection
from the ever-increasing gaps in Medicare.
From
basic plans to comprehensive plans, to plans that offer prescription
benefits, the choices are plentiful.
Since
Medicare and most Medicare Supplement plans do not provide
dental coverage, there are stand-alone dental plans available
for a nominal price.
What
type of coverage is best for you?
We
can assist you in determining which plan is best for you,
benefit and cost-wise, by discussing your personal situation
with you. For example, do you want 100% of the cost of services
covered that Medicare does not pay for, or are you willing
to pay some of the costs yourself? Do you want or need prescription
coverage? Would you like a stand-alone dental plan? These
and other factors will determine the premium you pay. We
can tailor a plan to fit your needs and budget.
Long-Term Care
The
most overlooked area in financial planning is long-term care.
Approximately
40-45% of those over 65 will spend some time in a nursing
home. The cost for that care is staggering, estimated between
$45,000 and $75,000 per year.
Congress
has made it clear that we are responsible for the cost of
long-term care. Medicare doesn't pay for custodial care, which
is what one most frequently needs. Medi-Cal won't pay pay
a cent until one's assets have been wiped out by the costs
associated with long-term care.
What
exactly is long-term care?
Long-term
care is different from the rest of your health care, and
is not typically covered under health insurance policies,
HMO plans, Medicare, or Medicare Supplement policies.
Health
care plans are designed to provide coverage when you receive
care from a physician or treatment in a hospital or surgical
facility. There may be some limited coverage for home care
or nursing home confinement.
Long-term
care is personal care, such as help with bathing, eating,
or dressing that you require over a lengthy period. That's
why it can be very expensive. Long-term care can range from
simple assistance with activities in your own home or residential
care facility, or it can mean highly skilled care in a nursing
facility.
The
possibility of needing long-term care due to illness or
physical disability is something most people would rather
not think about. But as we get older, and because we are
living longer, the likelihood that we will need some kind
of assistance is very real.
Because
long-term care is so expensive, it should be part of one's
financial planning. The general thought is that one should
consider long-term care around age 50. At this age and above,
the chances of needing long-term care drastically increase.
In addition, the sooner one obtains coverage, the lower
the cost. For those over age 50, the time to obtain coverage
is now!
Asset
protection for our clients is a must! Long-term care is
the purest and safest way to assure your financial peace
of mind. Don't let the cost of nursing home or health care
ruin what you've worked so hard to accumulate.
What
type of coverage is best for you?
We
can assist you in determining the right plan for you, keeping
in mind your needs and pocketbook.
Personal Disability Income
Business Disability Buy-Sell
Business Disability Overhead Expense
Most
of the things we want and need today require money to make
them happen. Food, shelter, education, healthcare, transportation,
retirement - all of these things depend on our ability to
make money. But what if the opportunity to work was taken
away by an accident or illness? How would you then answer
these tough questions?
How
much of my family's daily expenses and activities rely on
my ability to bring home a paycheck?
How
do I plan to replace my income if I suffer a disability
as the result of an accident or illness?
How
would I pay for long-term care when I am older of if I suffer
a catastrophic disability tomorrow?
Who would I turn to for financial support?
At
Pacific Intermountain Financial & Insurance Services,
we understand the importance income has to today's working
families. That's why we offer a wide range of individual and
business products to help our clients protect their income
and focus on their futures.
Protecting
income and assets is critical to our clients, and our ability
to protect these valuable necessities is what we strive for.
We
can assist you with your personal disability income needs.
If
you have a business, we can assist you and your employees
with disability income plans, disability buy-out plans, and
disability overhead expense plans.
What
type of coverage is best for you?
We
can assist you in determining your personal disability income
needs and the type of coverage required to meet those needs.
For
our business clients, we can assist you in funding a disability
buy-sell agreement for you and your business partners. In
addition, disability overhead expense plans can be arranged
to help pay expenses when a key person or partner becomes
disabled. Personal disability income plans can be set up
on any or all employees.
Business
Insurance
The
cost of protecting one's business can, at times, create a
financial strain. Whether your business is just getting started,
or been around for years, Pacific Intermountain Financial
& Insurance Services can help you find the right policies
at a competitive price.
Let
us assist you with your:
*
Business General Liability
* Business Contents
* Errors & Omissions
* Workers Compensation
* Commercial Autos
* Bonds
* Group Health, Life, & Disability
Call
us or stop by next time you're in the area and we'd be happy
to give you a No Obligation Quote or fill
out our on-line quote request form.
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