Health and Life

• Life Insurance
  Life insurance is a contract that binds an insurance company to compensate a beneficiary in the event of the death of the insured person. If the insured person dies, the insurance company will pay a cash benefit to the beneficiary (typically a family member). Life insurance is often used to protect a family against the economic hardship that could result from the death of a primary income-earner.
• Health Insurance
  A qualified HDHP is insurance that does not cover first dollar medical expenses (except for preventive care). It can be an HMO, PPO, or indemnity plan, as long as it meets the requirements. An HDHP health insurance plan has a minimum deductible of $1,350 for self-only coverage and $2,700 for family coverage. Those amounts are indexed for inflation. The annual out-of-pocket (including deductibles and co-pays) cannot exceed $6,750 for self-only coverage and $13,500 for family coverage. Those rates are also indexed for inflation.
• Disability Insurance
  A long-term disability (LTD) plan is designed to work with other sources of disability income to replace a percentage of an employee’s income if they become disabled as defined by the plan. Other sources of disability income, including benefits an employee is eligible to receive from Social Security Disability Insurance Benefits and Social Security Old Age Insurance Benefits, typically count toward that percentage.
• Long Term Care
• Dental Insurance
  Managed-care plans typically maintain dental provider networks. Dentists participating in a network agree to perform services for patients at pre-negotiated rates and usually will submit the claim to the dental insurance company for you. In general, you'll have less paperwork and lower out-of-pocket costs with a managed-care dental plan and a broader choice of dentists with an Indemnity plan.