Health Insurance
Today's Health Insurance Market
As a result of the 2012 Affordable Care Act legislation, the health insurance industry has seen some drastic changes, leaving many consumers confused. Today there are three main ways for individuals and families to obtain coverage...
Obamacare
ACA Obamacare plans provide benefits for a broad range of health care services, and can save you money on routine doctor visits, prescription drugs, preventative care, hospital stays, and more.
These plans are available to almost everyone, and you can’t be denied based on preexisting conditions.
However, you can only enroll during certain times of the year.
Supplemental Health
Looking for additional coverage to supplement the costs of care for services that health insurance doesn't cover?
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Supplemental health plans can help you cover costs associated with dental, vision, hearing, hospitalization, critical illnesses and more.
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They also accept applications year round and in some cases do not require medical underwriting.
Short-term Medical
If you can't afford an Affordable Care Act (ACA) plan or have missed the cutoff to apply, you may want to consider a short-term plan.
Short-term health insurance does not help you avoid any ACA mandated state tax penalties, but they do accept applications year-round, and they can help offset medical costs unrelated to a pre-existing condition.
We offer ALL 3 Solutions!
Medicare
Medicare Made Easy
A simple guide to understanding Medicare and your available options
What is Medicare?
Medicare is a federal health insurance program for people...
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Ages 65 and older​
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Under age 65 with certain disabilities
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Any age with end-stage renal disease or kidney failure
Original Medicare Parts A & B provide a menu of benefits, but it's not a complete package and although deductibles, coinsurance and copays are competitive, there are no limits to the amount of money you can spend out of pocket, which could leave you responsible for paying thousands in out of pocket costs.
However, these gaps in coverage can be supplemented by employer coverage, Medicare Advantage (Part C), or a Medicare Supplement (Medigap) with a Medicare Prescription Drug plan (Part D).
The Big Question....?
You may be wondering "Do I need to enroll in Medicare?" and for most people turning 65, the answer is YES.
However, it still depends on your exact situation. Before we proceed with simplifying your understanding of Medicare, it's important that we determine when you need to take action.
Click the button to be redirected to Medicare's eligibility tool, where you can answer a few short questions and estimate your deadline to enroll into Medicare without any future re-occurring penalties.
Once completed, write your results down - specifically your Initial Enrollment Period deadlines - and return to this page to complete your introduction into Medicare.
Life Insurance
What is Life Insurance?
Life Insurance is a great way to protect your family’s financial security because it can pay funeral expenses, debts and taxes after your death.
Some Life Insurance policies even provide immediate access to cash, that you can use for future expenses tax-free while you are alive. Others may even allow you to accelerate your death benefit to help cover expenses related to an illness, injury or long-term care.
To say the least, Life Insurance can play many different rolls within your overall investment and retirement strategy.
What Type of Life Insurance is Right For YOU?
Let us do the extensive shopping
The good news is, Bandel Insurance provides free, 100% confidential consultations to help guide you to the most suitable life insurance options for your family's needs. Although you can learn a lot from reading online, benefits, pricing and qualifying events for riders vary between insurance companies and in some states, there are hundreds of carriers to choose from.
In some cases, what you want isn't always what you can get. Far to often, consumers and agents submit applications that are denied. If you're among the many people applying for life insurance with an ongoing history of health concerns, getting approved isn't always a walk in the park. All insurance companies have their own individual underwriting guidelines, meaning one company may approve someone with type-2 diabetes, whereas another might not, and the same principle stands with all other possible health related backgrounds.
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This is where a licensed insurance professional becomes crucial to your success of being insured. Having access to all options in the independent market, as well as many limited distribution proprietary solutions, Kellie Gray Insurance provides unbiased, open-architecture planning, coupled with the finest education so that you not only understand your coverage, but how it's better than the other options available.
Annuities
The best time to protect your money is now
Retirement can be an exciting time and it’s important to be ready for it financially. Considering how hard you've worked for your money, you should have a strategy in place to protect what you've earned. You may have outstanding questions about retirement such as, “Will I outlive the money I’m saving?" or "Will I be able to take care of my loved ones after I’m gone?”
Annuities are retirement solutions that can protect you from market downturns and help you meet your evolving financial needs. They can offer opportunities to continue safely growing your portfolio tax-deferred, provide a guaranteed lifetime stream of income and share your legacy with the people and causes you care about.
Solutions Offered
FIXED ANNUITIES
Guaranteed interest earnings and principle protection with no market participation
FIXED-INDEXED ANNUITIES
Opportunity for higher interest earnings by tracking external market index - and options for guaranteed lifetime income
IMMEDIATE ANNUTIES
Great for individuals who need the maximum amount of guaranteed income for a period of time, or life
HYBRID ANNUITIES WITH LTC
A great add-on or alternative for individuals who cannot pass underwriting of traditional long-term care
DEFERRED PREMIUM ANNUITIES
Get started saving for retirement, or deposit an initial lump sum and continue contributing for years to come
Why Bandel Insurance?
Aside from wondering if an annuity is right for you, you should also be wondering which broker is right for you.
Having access to your options in the independent market, as well as many limited distribution proprietary solutions, Bandel Insurance provides unbiased, open-architecture planning, coupled with the latest technology to spreadsheet all available solutions, industry wide.
Whether your continued goals for retirement are accumulation, income, or both, our extensive reach and nearly a decade of experience in the annuity market allows us to stand apart from other brokers who are limited on what they can offer, but more importantly it allows us to also meet the extended needs of those in unique situations.
Long-Term Care
70% of people over 65 will need long-term care services at some point.
As people live longer and healthcare expenses continue to rise, the need for long-term care planning becomes more of a “when” than a “if” situation. By having a long-term care strategy in place, you’ll be better prepared for the tough financial, emotional and administrative decisions you and your loved ones may need to make when you need assistance with your daily living activities.
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Total life expectancy has increased by 9 years and is projected to increase another 7 years. As longevity continues to rise, 98% of surveyed consumers say that long-term care planning makes them feel more confident about their financial future.
Did you know that regular health insurance and Medicare do not cover costs for long-term care?
Long-term care insurance is an essential tool to protect your retirement savings and loved ones from long-term care costs.
Explore the potential cost of care in your area
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Our hand selected third party resources are designed with you and your loved ones in mind. Because the more you learn, the better you can plan, protect, and retire.
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Below you can access the Genworth cost of care calculator to help estimate what long term care might cost in your area.
How long term care insurance works
Qualifying Event
A licensed health care practitioner must certify you are chronically ill and submit a plan of care prescribing long-term care services.
Elimination Period
When you purchase a long-term care insurance policy, you will select an elimination period during which time any costs for long-term care services are your responsibility.
Policy Benefits Begin
Once you become eligible for benefits, you have the option to choose how benefits are paid to you.
As long as you remain eligible for benefits, your policy will continue paying until your policy limit is reached.
Applying is just the start
The good news is, Bandel Insurance provides free, 100% confidential consultations to help guide you to the most suitable long-term care options for your family's needs. Although you can learn a lot from reading online, benefits, pricing and qualifying events for riders vary between insurance companies and in some states, there are dozens of carriers to choose from.
In some cases, what you want isn't always what you can get. Far to often, consumers and agents submit applications that are denied. If you're among the many people applying for long-term care with an ongoing history of health concerns, getting approved isn't always a walk in the park. All insurance companies have their own individual underwriting guidelines, meaning one company may approve someone with type-2 diabetes, whereas another might not, and the same principle stands with all other possible health related backgrounds.
​
This is where a licensed insurance professional becomes crucial to your success of being insured. Having access to all options in the independent market, as well as many hybrid annuity and life insurance options, Bandel Insurance provides unbiased, open-architecture planning, coupled with the finest education so that you not only understand your coverage, but how it's better than the other options available.
