Tag: financial security

How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

Nordstrom
Medical Debt

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

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Why ADUs Are the Next Big Thing in Retirement Planning

Logan B.
Retirement Planning - Small home

Accessory Dwelling Units (ADUs) are becoming an increasingly popular trend among homeowners, real estate investors, and DIY enthusiasts. With the high cost of housing in states like California, ADUs offer a viable solution for maximizing property value and creating additional income streams. What is an ADU? An ADU, or Accessory Dwelling Unit, is a secondary housing unit located on the same lot as a single-family home. They can take various forms, such as backyard cottages, basement apartments, or garage conversions. These units provide independent living facilities, complete with their own…

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State Farm Reverses California Policy Non-Renewals – With a Catch

Live Insurance News
State Farm - Home Insurance Reversal

State Farm, the largest insurance carrier in California, has announced a significant reversal of its earlier decision to not renew over 70,000 policies in the state, including 30,000 home insurance policies. This change comes after the company initially cited increasing wildfire risks as the primary reason for its decision back in March. However, the company’s renewed commitment comes with a notable caveat that is bound to impact policyholders significantly. State Farm Reversal and The Catch According to a statement from Sevag Sarkissian, State Farm’s California spokesperson, while the company will…

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Understanding if Your Local GP Doctor is Covered by Your Health Insurance Policy

Guest Author
health insurance policy terms and insurance jargon

Health insurance is a crucial aspect of managing healthcare costs, providing financial security when unexpected medical issues arise. However, the specifics of what is covered and what is not can sometimes be confusing. In this article, we will explore a commonly asked question: Is your local General Practitioner (GP) doctor or therapy centre covered by your health insurance policy? The Importance of Knowing Your Health Insurance Coverage Within the healthcare landscape, providers are categorized as either in-network or out-of-network. This distinction plays a significant role in determining the cost of…

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Protecting Your Business: 3 Ways to Safeguard Your Company

Angela Linders

Every industry is subject to specific regulations, runs different processes, and operates on varied morals and values. Yet, most companies are united by various risk factors that may impact their revenue, online security, reputation, and lifespan. New and experienced entrepreneurs can’t afford to ignore the threats to your business, as ignorance will not be bliss when facing a lawsuit, a substantial fine, or a cyberattack. Protect your business and read these three ways to safeguard your company. The tactics could be crucial to your company’s survival and success. 1. Purchase…

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