Here is an idea for grandparents (parents, too). Did you know that you can buy a $5,000 permanent life insurance policy on your grandchildren for as little as $393? This would purchase a $5,000 face permanent life policy that would be paid up, build a cash value, and give your grandchild the option to purchase up to ten times more at age 25 without health questions or a physical. In addition, you can either pay the one-time premium up front or spread it out over 12 months. For more information give us a call or click here for more information.
WALL STREET JOURNAL SAYS DEMOCRATS ARE WRONG TO CRITICIZE WELLPOINT PREMIUM HIKES
In an editorial, the Wall Street Journal criticized Democrats critical of WellPoint's 39 percent premium hikes for 700,000 individual insurance customers of its Anthem Blue Cross subsidiary in California. The Journal says WellPoint increased its premiums because of new California insurance regulations and suggests this is precisely the sort of outcome that would result if the Democratic healthcare reform bills are passed.
MEDICARE OPEN ENROLLMENT PERIOD
The Medicare Open Enrollment Period (OEP) runs from Jan 1 through Mar 31. During OEP, a Medicare beneficiary can make one "like" change to their Medicare benefits. Here is a list of allowable "like" changes:
Or you can visit our website and view a short five-minute video on this topic: Click Here for Video
POLL FINDS MAJORITY OF AMERICANS WANT CONGRESS TO SCRAP CURRENT HEALTH REFORM BILLS
The Washington Times reports that a "Zogby International poll released Tuesday shows that 57 percent of Americans do not like either of the competing healthcare bills produced by the Senate and House and say Congress should start over, as a group of bipartisan lawmakers head to a healthcare summit with President Obama next week."
Still, a majority of those polled said "they are more supportive of congressional reform of the healthcare system than they were a year ago." The Times notes that an "ABC News/Washington Post poll released last week has similar findings. It showed that 63 percent of Americans want Congress to pursue a way to reform the healthcare system." Click Here for Entire Article
The Hill calls the Zogby poll "a brutal assessment of the Democratically authored healthcare reform bills pending in Congress and the party's approach to healthcare." In the poll, "56.4 percent of people indicated they would prefer Congress to tackle healthcare reform on a step-by-step basis." Click Here to Read this Blog Post
ONLINE HOME AND AUTO QUOTES NOW AVAILABLE ON OUR WEBSITE
You now can check out rates on Auto and Home insurance in real-time on our website 24/7. You can get rates from multiple insurers including Progressive, Travelers, and Hartford to compare rates and benefits.
Have us run your quote by calling us at 303-423-0162 or click here.
COLORADO GENDER EQUITY BILL ADVANCES
A bill is moving forward in the Colorado legislature to eliminate gender rating for health insurance policies in Colorado. The force behind this are Democrats who believe that women should not pay more for health insurance than men.
We don't oppose the elimination of gender rating, but feel that it should be eliminated on all insurance policies in Colorado including auto and life, not just health insurance. In addition, there is one very important point to bring up that has been ignored by the legislators. We already know young women pay more for health insurance than young men. However, at approximately age 52, men begin paying more than women for their health insurance. This difference is even larger on Medicare supplements where senior women pay up to 30 percent less than senior men. The gender equity bill would reduce the rates for young women, however older women will see an increase in their premiums to equalize the rates with older men.
ATTENTION BUSINESS OWNERS
Pinnacol is not the only game in town for your Workers Compensation. Although they are the insurer of last resort and must take any risk, most businesses have more options than they think for their Comp.
Give us a call at 303-423-0162 and we will generate quotes from Employers, Travelers, and Hartford in addition to Pinnacol.
In this issue, we would like to spotlight one of our top agents, Jane "Yana" Kizlauskas. Although her name is spelled Jane, it is pronounced Yana from her Lithuanian heritage. Jane has been with us for about one year and I consistently get feedback from clients praising her service. She is licensed in all lines so she can handle all of her clients' insurance needs. In addition, she receives many referrals from existing clients which she views as the highest of compliments.
On a final note, we once again want to thank you for your continued business, especially in these challenging economic times. It is our distinct honor and pleasure to service your insurance needs. We also appreciate your many referrals.