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Diabetes is a chronic health condition caused by improper regulation of insulin, the hormone that breaks down glucose (sugar) in the bloodstream. Left untreated, it can cause a slew of complications, including cardiovascular disease, nerve damage, kidney damage, and blindness. These complications can shorten the lifespans of people with uncontrolled or poorly controlled diabetes, making … Read more
Whether you’re purchasing a prefab dwelling, building a new construction home, or planning to fix up an older house, you’re probably excited about the prospect of closing the deal and moving in. Not so fast. Buying a home is an expensive proposition – the biggest investment that most families ever make. While you aren’t required to cover the … Read more
About 11.5% of American adults smoked cigarettes in 2021, according to the Centers for Disease Control and Prevention. Although smoking rates have been in decline for years, that’s almost 29 million people who regularly light up. Many, if not most, of these people need life insurance for one reason or another. But because smoking is … Read more
A slim majority (52%) of Americans have some sort of life insurance coverage, according to LIMRA’s 2023 Insurance Barometer Study. They can sleep easy knowing that their death won’t cause a financial burden for their loved ones. On the other hand, 48% of Americans aren’t covered by life insurance. Maybe you’re one of them. Maybe … Read more
Since its passage in 2010, the Affordable Care Act (ACA), commonly known as Obamacare, has expanded health insurance coverage to millions of Americans. However, nearly 30 million Americans — over 9% of the population — still lacked health insurance in 2019. This included 5.7% of all children under age 19. Cost is the main reason … Read more
If you don’t have employer-sponsored health insurance, finding affordable health care can seem like an impossible task. Yet millions of Americans survive without employer health benefits. That includes gig economy workers, small-business entrepreneurs, and others looking for self-employed health insurance options. If you’re among them, or if you have a high-deductible health plan (HDHP) that … Read more
Health care costs continue to rise faster than both wages and inflation. In 2021, the Kaiser Family Foundation reported that the average health insurance premium for families with employer-sponsored health insurance reached a dizzying $22,221 per year. That figure should give families without employer coverage even more shivers. As premiums spiral higher out of reach … Read more
Life insurance is all about risk. So, it’s no surprise that many health conditions and lifestyle-related risk factors can affect life insurance premiums and eligibility. Mental health issues are no different. If you’ve been diagnosed with depression or another mental health condition like anxiety, you’re seen as riskier in insurance underwriters’ eyes. You could pay … Read more
According to the LIMRA 2024 Insurance Barometer study, only 46% of women have life insurance, while 57% of men have at least one policy. The need for women to have life insurance is higher (45%) versus 39% for men, but they hesitate. Part of this hesitancy may be due to misconceptions about life insurance. Many … Read more
According to 2021 data collected by the Kaiser Family Foundation, 97.3% of large firms — those with 50 full-time equivalent employees or more — offer health insurance to their employees. But just 31.9% of firms with fewer than 50 full-time employees offered health insurance benefits to employees. What accounts for the discrepancy? It’s largely because … Read more
