Friday, May 27, 2011

Michigan Small Business Group Health Insurance Worries Business Owners

A really good press release from the Michigan Business and Professional Association came out today with regards to how Michigan small business owners anxiously are awaiting how health care reform turns out.

I believe the PR expresses the core believes on the major concerns.  Those concerns basically revolve around cost.  One of the major clauses in the HCR act was to have employees covered by small business owners at all costs.  If not, the owner of the business would face a fine (tax).

The major point in the press release that catches my eye is the "Among the 24 percent who admitted they had considered cancelling their group health care insurance in the past year, 67 percent stated that it is due to dramatically increased health care premiums."  That to me is a staggering amount of clients who dropped their group plans.  That also proves to me that business owners are going to have one heck of a problem once the reform law kicks in and affordable Michigan group health insurance plans are hard to come by.

One thing is for certain though, as Obamacare is far from set in stone.  I am sure as 2014 approaches, more legislation is going to be taken in or out of the plan.

Thursday, May 19, 2011

Diabetics (diabetes) and Michigan life insurance options

Always amazes me when I talk to consumers within the state who have diabetes and what they currently are doing for their Michigan life insurance needs.  Having diabetes is not the end of the world. 

With work, we can help diabetics get into immediate death benefit plans.   What do I mean by that?  Most diabetics who have bought life insurance have purchased guaranteed issue plans (no health questions asked).  These products are expensive, and are graded so if you pass within the first two years (except for an accident) you only get a portion of the death benefit. 

We have term life insurance and permanent plans for diabetics based on health questions.  These products have immediate death benefits, and again are available based only a complete health questionnaire

For your life insurance in Michigan needs, we are here to help.