Get In Touch
Category: Insurance
-
The Risk of Being Uninsured (and the Hidden Bargain in Addressing It Now) | PA Benefit Advisors
With all the expenses of everyday living, it’s tempting to think of insurance as just another cost. What’s harder to see is the potential cost of not buying insurance—or what’s known as “self-insuring”—and the hidden bargain of coverage. The Important vs. the Urgent We’ve all experienced it: the tendency to stay focused on putting out…
-
U.S. House Passes Health Care Bill. The Senate Now Holds the Cards. | PA Benefit Advisors
On May 4, 2017, the U.S. House of Representatives passed legislation to repeal and replace the Affordable Care Act (ACA). An earlier version of the House bill, called the American Health Care Act (AHCA), had been debated in March but was not voted on due to opposition from Democrats and insufficient support from Republicans. This…
-
L.R. Webber Client Wins “Plan Sponsor of the Year” Award | PA Benefit Advisors
Duncansville, PA (April 28, 2017) – A client of Webber Advisors Associates (LRW), Thomas Automotive Family, recently won the “Plan Sponsor of the Year” award from PLANSPONSOR, a trusted magazine for retirement benefits decision makers, in the <$10MM Plan Asset Category. This was a great honor for both their client and the agency for far…
-
3 Questions to Ask When It Comes to Life Insurance | PA Benefit Advisors
Your life insurance needs will ebb and flow throughout your lifetime. Buying a term policy early in your career or taking a basic employer-issued life insurance policy is a common course of action. However, deciding how much and what type of life insurance you need at each stage of your life will serve you and…
-
Life Insurance for a Family of One | PA Benefit Advisors
We spend a lot of time talking about how couples, families and businesses can protect their financial futures with life insurance. But what about if you are single—do you need life insurance, too? There are those people who have no children, no one depending on their income, no ongoing financial obligations and sufficient cash to…
-
Do You Need Life Insurance When You Retire? | PA Benefit Advisors
Once you hit 65 and retire, you don’t need life insurance, right? Not so fast! The traditional thinking about life insurance is that you only need it when you have an income to protect, when you have a mortgage or when you have kids to support. And while it’s true that having life insurance after 65…
-
Juvenile Life Insurance: The Whys and Hows | PA Benefit Advisors
As a parent, perhaps you’ve been able to check the critical financial boxes for your family. You’ve established emergency funds, secured life and disability insurance, and are on track with your retirement goals. You may wonder, is there anything else I could be doing to help my children? This can be the time for parents…
-
Difference Between Basic Insurance & Major Medical Insurance | PA Benefit Advisors
Choosing a health care plan often comes down to cost, but don’t forget to compare the monthly premium with the amount of coverage you get. Major medical insurance is designed to cover you during everything from routine check-ups to major catastrophic events. Basic health insurance, by contrast, is a cash reimbursement service that can help…
-
CMS Disclosure Requirement for Employer Health Plans | Pennsylvania Employee Benefits
Do you offer health coverage to your employees? Does your group health plan cover outpatient prescription drugs? If so, federal law requires you to complete an online disclosure form every year with information about your plan’s drug coverage. You have 60 days from the start of your health plan year to complete the form. For…
-
What Is Employer Paid Term Life Insurance? | PA Employee Benefits
Employer-paid life insurance can be an important part of protecting your family in the event that you die prematurely. Companies offer the program on top of other benefits, such as health insurance. The coverage is generally term insurance, meaning there is no investment or cash-value component. If you pass on unexpectedly, depriving your family not…
Blog