No one plans to get sick or hurt, but most people will need health care at some point in their lifetime. Health insurance helps to cover these costs and protect you from very high expenses.
Individual Health Insurance Plans
Individual Health Insurance plans are insurance products designed to cover the majority of costs related to any medical condition. Some health insurance plans cover doctor visits for a very low copay.
Drug coverage is available on all health insurance plans.
Due to the Affordable Care Act, there are certain times of the year (called Open Enrollment) in which you may enroll in health insurance. Outside of the open enrollment periods, you may enroll in health insurance only if you qualify for a special enrollment period due to a qualified event.
We are trained on the changes that are taking place within the health insurance market and are committed to providing you with the knowledge you need to make an informed decision on your coverage.
Medicare Supplements are insurance products designed to cover costs that are not covered by Original Medicare for those age 65 and over, or those under age 65 who have qualified for medicare because of a disability.
Van Den Hul Asset Management offers Medicare Supplement Insurance through some of the most competitive and well-known companies in the market today.
Prescription Drug Plans (Part D)
Medicare Part D Prescription Drug Plans are an option to clients on Medicare in addition to a Medicare Supplement Policy. These plans assist in helping to lower the costs of prescription drugs. There is an initial enrollment period three months before you become eligible, the month you become eligible, and three months after you become eligible. There is an Open Enrollment for these plans every year from October 15 – December 7. Outside of the open enrollment period, you could enroll if you qualify for a Special Enrollment Period.
Van Den Hul Asset Management would like to assist you in finding the best plan to fit your needs.
Long Term Care Insurance
While most of us believe that we will not need the services of a nursing home or other assisted living care, the truth is that if you are one of those who do, your retirement savings will be severely reduced by the increasing cost of these services.
Long Term Care Insurance typically covers:
· Help in your home with activities of daily living
· Community programs, such as adult day care
· Assisted Living Services
· Visiting nurses
· Care in a nursing home
Only you can determine the best time to buy Long Term Care Insurance, but not everyone can qualify because of health conditions. Purchasing this insurance when you are healthy can help you fill in the gap of financial uncertainty that living a long and full life can bring.