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We Can’t Buy Cheap; We Aren’t Rich

Looking For Affordable Insurance? Sometimes, as one might overhear in a coffee shop, insurance is a “bad word”. On the contrary, if handled correctly, insurance can be affordable (for most people), serve to protect one’s assets and help assure that you will be able to access needed medical care. Ask anyone who has had a…
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Types of Insurance Products Needed

Confused By All Of The Types Of Health Insurance? Do I need a cancer insurance plan? This question is often heard, so the question becomes: what insurance products do I need? While this column will give you ideas, contact your insurance professional for advice. First, what is insurance and what can it do for me?…
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A Realistic Look at Healthcare Reform

Healthcare Reform and Medicare Coverage While most everyone believes we need healthcare reform, including columns since 1990 by this writer, care must be taken not to ruin the good aspects of our current system. Our current healthcare system works reasonably well and there is not enough room in this column to coverage all aspects of…
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Medicare Advantage & MedicareRX Annual Enrollment

Find Out More About the Medicare Enrollment Period Well, it’s time again and this year many Caterpillar management retirees are facing these decisions. Again you will be bombarded by mailings, flyers, and TV commercials about all of the Medicare Advantage (MA) and Medicare Part D Prescription Drug Plans (PDP). Beginning on November 15th to December…
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Caterpillar Retirees on Medicare

Questions about HMO Insurance? Medicare Annual Enrollment Period: Beginning October, Medicare and insurance companies will release information on plans that will be offered in 2010. This includes the MedicareRX (prescription) Plans and Medicare Advantage Plans (MAs). It’s important to know that these plans can and probably will change year to year. In addition, it is…
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The Basic Considerations When You Need Health Insurance

What Are My Health Insurance Options? Health insurance has become a major topic of discussion lately. What will health care reform look like? What are my health insurance options? Will the US Government offer a plan for all Americans? Will insurance companies insure all people who apply? Will the cost of insurance come down? These…
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How Would The Proposed Healthcare Reform Affect You?

Questions and Answers about the Proposed Healthcare Reform Act Congress continues to debate healthcare reform act at the writing of this column. Conceptually, it is important to understand some of the key components of what is being discussed and how it will affect you. This is the time, if you are so inclined, to write…
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Caterpillar Employee – Losing Health Insurance Coverage?

Questions about Caterpillar Insurance Coverage? Certain Caterpillar employees who retired after 2/1/1991 have been sent a letter regarding the discontinuance of their Caterpillar provided health insurance coverage. There are two issues why Cat retirees may have received these letters. The first issue was a letter dated 3/16/09 stating that beginning 1/1/10 and when the retiree…
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Insurance Changes May Benefit You

Changing Insurance Policy Information This is an active time in the insurance industry and these changes may be of benefit to you. Do you have a dependent covered on your employee group health plan or individual medical policy? Are you looking at purchasing a long term care (LTC) policy – or do you already have…
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Laid-off – Should I take COBRA?

COBRA Coverage Laid-off workers who are eligible for COBRA (over 20 employees) are allowed to maintain coverage under the previous employer's policy for up to 18 months, provided they pay the premium and possibly a 2% administration fee. Employees at companies with fewer than 20 employees are eligible for Illinois State Continuation coverage for up…
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