Before a health insurance company is obligated to pay for covered medical services the insured must first meet the deductible. After the deductible will be the co-insurance percentage, and then the maximum out of pocket figure. The health insurance company and the insured share responsibility for paying for covered services after the deductible, but before […]
Not since WWII has life expectancy dropped more steeply than in 2020. Pre-2020 life expectancy was 78.8 years and is now 77.3, the same as it was in 2003. The last time the United States has experienced such a drop was in 1943 due to the war. Most reasonable and prudent individuals point to the […]
Life insurance plays a vital role in structuring and funding buy-sell agreements, retaining and motivating key employees, and business succession planning, to name a few. Different businesses have different concerns, of course. During COVID the commercial real estate market was affected much differently than commercial farming operations. In the construction industry business succession planning and […]
