Divorce and Health Insurance Benefits

Divorce causes major issues with health insurance benefits. Many families have employer provided and/or paid for health insurance benefits that cover the entire family. It is not uncommon to see situations where the other spouse is a stay at home parent, with absolutely no access to health insurance benefits, or employed at a job with either no health insurance benefits available or those benefits available at a substantial cost. After a divorce, the spouse with the family health insurance coverage can no longer cover the other parent. They are no longer “family” members who can take advantage of one health insurance policy. How to then ensure that everyone stays insured does become an issue for negotiation and/or divorce litigation.

If both parties do not have health insurance benefits available and if the cost of obtaining those health insurance benefits for the other party after a divorce become prohibitive, there is one way to continue benefits without additional cost. That way is to enter into a separation agreement, but delay the divorce. That way, the parties actually do remain married and they can stay on the same health insurance plan even thought they are separed. The parties can consent to waiting for one, two or more years before either one files for a divorce. While the parties will remain married, their property, custody, and support issues will be addressed in their separation agreement. Under some circumstances, this is an optimal resolution. For example, what if both parties want one spouse to remain at home for several more years with young children, but they do still want to separate and divorce? This option works for them. They can separate, agree upon getting a divorce and all of the terms that they have to agree upon, but delay the final divorce so that they can keep cost effective health insurance benefits in place.

The above example can provide some difficulties that must be discusse in detail with your divorce attorney. For example, if you separate but do not divorce, your federal tax filing status may be affected. Also, in some states, it is not as easy as in other states to enforce a separation agreement. Or, in yet other states, it is possible for one spouse to take the advantages provided by the agreement for a year or two and then go to court and seek entirley different forms of financial relief in a divorce action. Only a divorce attorney licensed to practice in your state can advise you on these issues.

Another option for couples divorce is COBRA coverage. COBRA is a federal law which mandates that a person covered under a health insurance policy be given the right to continue that coverage, at their own cost, for a set time period if certain requirements exist. For example, if you obtain a divorce and your spouse had family health insurance coverage through his employer, the employer would have to provide COBRA coverage for you after the divorce. That COBRA coverage would require that you have the same health insurance policy, although your coverage would now be individual and not family. You would have to pay the employer’s cost for that individual policy.

It is not uncommon for a stay at home spouse or a spouse who has less income or employment options to obtain COBRA coverage and to negotiate that their spouse pay for that coverage for a specified time period after the divorce. In doing so, this gives the spouse who did not have coverage available some time to either obtain employment with coverage or become financially settled and able to afford their own coverage.

Disability Insurance – Why Young And Healthy People Need It

Unfortunately accidents happen. Some of these may unfortunately put you in the hospital for weeks, followed by months of rehabilitation. Or you are not able to work or leave the hospital because of a permanent injury.

Health insurance might pay for your medical expenses, but you need something like disability insurance to make your mortgage payments and pay your household expenses?

Disability Insurance Is The Answer

For most of us the answer is disability insurance, which provides income when an illness or injury makes it impossible to earn a living. Disability insurance is the policy to have, whatever your age, to continue the income you need.

What Does Disability Insurance Do For Me?

While employers often provide short term disability, few companies offer long term disability insurance unless there is a union contract. If you don’t recover, or have your own disability insurance contract, you will have to use your savings to survive.

Accordingly, it is in your best interests to protect your income and earnings with a personal disability insurance policy.

How Much Disability Insurance Do You Need?

No insurance company will insure you for your full income as generally the payments are not taxable. Another consideration is: if you have group disability insurance from your employer, there may be a cap on how much you can get.

Some Additional Disability Insurance Benefits:
Escalator Rider – an benefit that annually increases the amount of your income .
Return-To-Work-Provision – a benefit of your disability insurance policy that pays you a portion of your disability income if you can work part time.

There are numerous other disability insurance riders which can be added, but which increase the overall cost of the insurance policy. Employer group disability insurance policies are not portable, which is the best, most simple reason to own personal disability insurance.

Financial Planning—A Broken Model

On the off chance that you make your living giving budgetary arranging administrations to individuals, it is conceivable that your expert—and well meaning—guidance cost your customers several thousands if not a huge number of dollars a year ago. With numerous venture procedures down somewhere in the range of 30% to 60% as the worldwide monetary emergency unfurls, budgetary experts wherever are scrutinizing the legitimacy of their approach.

Obviously, one may contend that these individuals weren’t at fault for the monetary swamp that we’re in, however your customers may not see it that way. They, in compliance with common decency, endowed proficient counselors with their well deserved dollars, with the desire that they would get cause and exhortation to protect their riches, and fabricate more. At the point when the inverse happened, who else would they be able to fault?

The truth obviously is that pretty much everyone got level footed when it went to the genuine seriousness of the current money related issue. As this emergency has appeared, it’s exceedingly faulty if the customary broadened approach for riches building procedures and riches safeguarding—all in light of budgetary instruments attached to the worldwide economy—will work later on. Additionally, it’s intriguing that in spite of the endeavors of the budgetary arranging group, under 3% of the populace has a composed monetary arrangement. Plainly it is the ideal opportunity for money related experts to reconsider how they give counsel and administrations to their customers. Also, it’s the ideal opportunity for those customers to reevaluate what administrations and counsel they truly need and how they will acquire them.

The better approach ought to be for monetary organizers to enable individuals to help themselves. The arrangement is Financial Planning 2.0, a monetary training vehicle that has no item inclination or motivation versus the average irreconcilable situation and that is not intended to guide a prospect to items or administrations that make the consultant the most cash. Money related Planning 2.0 gives individuals the monetary instruction that will show them how to land at target procedures to help conquer budgetary impediments and achieve their future money related objectives without anyone else.

A budgetary organizer who truly needs to have any kind of effect—while profiting in less time—could demonstrate to customers and prospects best practices to get this sort of impartial money related exhortation utilizing Financial Planning 2.0. Their customers ought to see how to execute target proposals while maintaining a strategic distance from go betweens simultaneously. In the meantime, buyers ought to have the capacity to pick up this learning autonomously of their counselors.

Dishing Out Healthy And Delicious Meals

People with a gift for serving up delicious-but healthful-dishes say it’s important to present food that tastes good, is made with natural ingredients and is good for you. Fortunately, that doesn’t have to mean skipping many classic recipes. These tips may help:

• Portion Size-You can help control weight gain by being wary of portion size. If you’re serving meat, for instance, nutritionists say not to give a portion that’s larger than a deck of cards. Fill the empty space on plates (and in stomachs) with veggies and whole grains.

• Something On The Side-Try serving a healthful vegetable soup and a side salad before dinner. That way, people can fill up on veggies, instead of less nutritious foods. Also, if you’re trying to eat a little less, remember that our bodies often mistake thirst for hunger. So before you dig into dessert, try having a big glass of water and waiting a few minutes. You may turn out to be less hungry than you thought.

• Cooking Tips-Something as simple as switching to nonstick oil sprays can make a difference in how healthy a meal is. For instance, new Mazola Pure™ Cooking Spray is a healthier alternative to high-saturated-fat products such as butter or margarine. It adds Pure™ taste and Pure™ aroma to food, is perfect for fat-free cooking-and unlike other leading sprays, it does not contain alcohol or silicone. It comes in canola oil, extra virgin olive oil and natural butter flavors. It’s also cholesterol free and has 0g trans fat per serving.

The spray can be used in a variety of ways including: adding light flavor when grilling sandwiches, making popcorn, holding seasonings in place on meats and vegetables, sauteing, pan searing seafood and chicken, flipping pancakes and browning foods in the microwave.

Try this delicious and healthful recipe:

Seasoned Roasted

Potatoes

2 lbs mini red or golden potatoes

2 teaspoons garlic, minced

2 teaspoons rosemary, dry

1 teaspoon Kosher salt

1/4 teaspoon black pepper, cracked

2 tablespoons Parmesan cheese, grated

Mazola Pure Cooking Spray -Extra Virgin Olive Oil

1. Preheat oven to 450ºF.

2. Spray 9″ x 13″ baking pan with olive oil spray.

3. Combine garlic, rosemary, Kosher salt, and black pepper to make seasoning blend. Set aside.

4. Under cold running water, scrub potatoes to remove excess skin.

5. Cut potatoes into approximately 1″ x 1″ cubes. If using very small potatoes, do not cut.

6. Place potatoes in baking pan and spray with olive oil cooking spray until potatoes are coated. Mix potatoes after spraying to ensure even coating.

7. Add reserved seasoning blend and Parmesan cheese, and mix well. Spread mixture in a single layer and spray tops again, lightly with additional spray to help browning.

8. Bake at 450ºF for 25 to 30 minutes.

Serves: 6

PrepTime: 10 minutes

Discount Vitamins and Nutrition Products Offer Equal Health Benefits

When it comes to discount vitamins and nutrition products, the old adage, “You get what you pay for,” simply doesn’t hold true. Many retail outlets and websites tout overpriced products that promise the moon and don’t deliver. The results you obtain from high quality discount vitamins and nutrition products are as sound as those you get from higher priced products.

Here are a few examples:

Multi-Vitamins – Although some people like taking an assortment of specific vitamins, many more prefer the convenience of a multiple vitamin supplement. Different brands of vitamins – and different multi-vitamins within a given brand – contain different formulations, so it’s important to look at the labels rather than the price tags.

A general multi-vitamin is appropriate for most adults, although special formulations tailored to specific groups of people are available for women, for men, for older adults, and for those who are engaged in sports or other very active lifestyles.

When choosing discount vitamins, look for those that offer multiple sources of nutrients and natural sources of trace minerals and micronutrients. Each person’s ability to absorb nutrients is unique, so multiple sources ensure that virtually everyone can benefit.

Acidophilus Powder – Acidophilus powder is a somewhat generic term for a group of dietary supplements that are probiotics. Probiotics are microorganisms that help the body’s own beneficial bacterium and yeasts. Acidophilus powder and capsules/tablets are available in both regular formulations and those specialized for women, vegetarians, and so forth. As with discount vitamins, you can find online sources of acidophilus powder at steeply discounted prices.

St John’s Wort – Everyone from ancient Greeks to modern-day medical professionals have explored the benefits of St John’s Wort. Found to affect the levels of serotonin in the brain, the herbal supplement can improve mild depression, help balance mood swings, and help with sleep problems. Some nutritional products include complementary formulas (such as anti-oxidants) that can also enhance well-being.

Fat Burners and Weight Loss Aids: Some companies that sell the best fat burners charge premium prices, but there’s no reason for you to pay high retail prices when you can buy the same products at deep discounts. Said to stimulate the body’s ability to metabolize fat, the best fat burners contain no ephedrine. HydroxyCut, a popular weight loss supplement said to increase your energy, burn calories, and control appetite, is but one example of a brand name product that can be found online at a steep discount over retail prices. Similarly, you can find a carb blocker through an Internet health and body source at a fraction of the price you would pay at a retailer.

Sports Nutrition: Sports nutrition is big business, but that doesn’t mean that you need to spend big bucks for protein powders, health shakes, muscle formulas, and nutrition bars. Again, you can get a wide variety of high quality, brand name products at the same place where you buy your discount vitamins.

Of course, prices aren’t everything. When you select your online source of discount vitamins, be sure that it also offers expert advice, perhaps in the form of a free weekly newsletter. Look for writing that reflects the knowledge base of the site’s owners. Insightful advice gleaned by trial and error is more valuable that the stale reiterations found on many health websites.

Discount Health Benefits Plans: A Sensible Alternative To Traditional Insurance Plans

A recent poll revealed that over 70% of Americans are either uninsured or underinsured. Surprisingly, the majority are from middle class households. Many of who are not offered health benefits by their employer or whom can’t afford the high-priced insurance premiums being offered.

In some states, there is an epidemic of children whose teeth are slowly rottening due to the lack of proper dental care. To help bring relief to this growing crisis, discount health care benefits providers have emerged. These companies do not provide health insurance, but they give an alternative that allows consumers to receive discounted fees per service. Unlike traditional insurance plans, these companies often have little or no exclusions, such as pre-existing conditions. Another plus is that consumers with immediate health care needs, can usually be seen by a doctor without having to wait for their coverage to “kick in”.

A potential drawback to discount health benefits plan is that consumers will pay for services upfront or at the time of service; unless other arrangements are made with that individual provider. This, in contrary to paying a co-pay or deductible at the time of service. Consumers with flexible spending accounts or medical savings accounts will be able to take advantage of this circumstance.

In some situations, depending on your health care provider’s policies, consumers have been able to use both the discount health plan alongside their insurance for even deeper savings. For example, you go into the dentist office for an extraction. The bill is $300. You hand your discount card to the insurance department, she gives you the discount, which normally ranges from 50 – 80%. This cuts your bill by up to $240! Leaving you with $60 left to pay. You pay the $60. Then file a claim with your insurance company for the $60. Let’s say your insurance company pays 80% of your bill. They will refund you $48 (80%), leaving you with a net bill of only $12, for what would have cost $300 normal price, or $60 with your insurance alone.

While some consumers are struggling with the high and growing price of insurance, others are discovering the savings of discount health benefits plans. By the year 2010, it is predicted that consumer driven health care, will be the future, leaving traditional insurance plans, to be a thing of the past.

Dipping into your State Health Insurance Pool – What Are The Requirements?

State health insurance is a branch of health insurance that is for high-risk individuals with chronic and/or pre-existing conditions. Most common diseases to see on this type of insurance are HIV, AIDS, kidney disease, obesity, and diabetes. This high-risk pool is designed to act as a safety net to offer some form of insurance to these people but for a hefty premium. This program has fewer participants due to the cost. This plan is not low-income friendly. Rates can be as much as double what the normal market value for health insurance is. The pool does tend to offer better benefits but is definitely geared to those people that truly afford insurance. So, most people who fall under this category and require this type of plan are likely to be uninsured due to not being able to afford a plan. This plan is last resort for persons with such illnesses that land them for emergency or hospital care frequently, and it that case pays for itself quickly. Some of the few persons who cannot afford this are lucky enough to have a spouse in the work place that is able to add them to their policy from their employer, these plans cannot discriminate due to chronic or long-term illnesses. The State Health Insurance Pool knows its rates are high, and claims so are medical costs for the chronically ill. They have to charge more to be able to get ahead and stay afloat.

Most risk pools are nonprofit associations ran by the state. Usually they do not use taxes to operate their business. Most persons requiring this type of service usually are filling up the gap in cost of what their normal plan won’t cover or is a temporary pit stop till they can find a plan that accepts them at a lower cost. The people who qualify for this type of coverage must be a resident of the state they are applying in. Most states require you live there for at least six months and some up to one full year before reaching residency status. You also need one of several possible documents from other insurance companies. You will need proof of rejection from at least one company denying them benefits similar to the ones being asked for. You can use proof of insurance with a higher premium as well. You may also be eligible if you can show proof of insurance with a rider or rated policy. Any of the above mentioned could get you approved to apply for the risk pool in the state you reside in. A reciprocity agreement is when a person who is eligible for the plan and is currently on a similar plan, met the waiting period quota, and not used up the lifetime maximum benefits can still be eligible if they move to another state after they meet the residency requirement. Not all states, but most, have this agreement included into their plan.

There is a list of those who are not eligible in the high-risk pool besides non-residents. You are no longer eligible if you move to another state but if you have a reciprocity agreement, you can become eligible in the state you now reside after residency has been established. Most people who are eligible or receive Medicaid or Medicare are also not eligible. Many states do have a high-risk plan for Medicare eligible persons, but if you receive or could receive Medicaid than you don’t qualify. If a person has terminated their coverage in another plan and less than 132 months have passed they are not eligible for the pool till that time is up. Those who have used their maximum lifetime benefits for their plan are also not qualifying. Inmates of a public institution are also not eligible for the risk pool. Other specific exclusions can include state decided specific diseases or medical conditions that they just don’t want to cover. An enrollment cap may also be in affect so only a specific amount of persons may be actively enrolled at any given point of time. All other applicants who are eligible will be placed on a waiting list till there is an opening. There seem to be a higher list of those who don’t qualify then who do for this high-risk benefit that costs an arm and a leg anyway.

Tips for Financial Planning

The accompanying tips will assist get you in rigging to begin your money related arranging. When you have made money related arranging some portion of your normal, it won’t appear to be so troublesome. In any case, kicking your money related arranging off can be the most troublesome thing. These tips will encourage spur you to make money related arranging one of your principle objectives.

Money related Planning Tip #1 Pay off Debt

One of the greatest variables battling against money related arranging is obligation, particularly Visa obligation. On the off chance that something begins off as a little obligation it transforms into a major one basically on the grounds that you were not paying off the obligation. Budgetary arranging implies you have an arrangement and paying off obligation ought to be the primary objective of your arrangement.

Money related Planning Tip #2 Invest

Another money related arranging tip is to contribute. Budgetary arranging implies you are putting something aside for the future much of the time, so you will need to take cash you gain today and put resources into money markets, in securities, IRAs, 4019k) or a blend of the greater part of the above. Sparing your cash with the assistance of monetary arranging will enable cash to develop all alone.

Monetary Planning Tip #3 Spend Less than You Earn

This is extreme for individuals to comprehend and in many cases what they oppose most when they start budgetary arranging. This is on account of Americans dependably need what is greater and better. RegardlessComputer Technology Articles, monetary arranging is more vital than consumerism. Make spending short of what you gain some portion of your money related arranging.

Monetary Planning Tip #4 Budget

An incredible budgetary arranging tip is planning. You won’t have the capacity to spare unless you realize what you spend. Make planning some portion of your budgetary arranging and you will acknowledge sparing is not all that hard.