Five Major Trends with Life Insurance for 2021 and Beyond
The future of life insurance will be different than in the past. Over the past 30+ years, we have been in a declining interest rate environment. This means that new money pouring into the insurance companies to be invested has generally earned a lower rate than prior new money that was invested earlier when rates for conservative investments were higher.
My ears had heard of you but now my eyes have seen you. Job 42:5
Being in a precarious place, one misstep away from catastrophic failure…looking into dense fog. That’s what I thought about when I noticed the squirrel in the photograph as I sat on my screen porch one morning.
A Healthcare Tale of Two Cities
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS As Open Enrollment season continues, millions of Americans are considering their health insurance options for 2018. As has been long predicted, a health care tale of two cities is beginning to emerge in which those with employer-based coverage have solid (albeit expensive) coverage options with […]
Long Term Care: You Have Options
BY LAURA BOTTOMS HIGGINBOTHAMVICE PRESIDENT, INSURANCE SERVICES If you’re like me, you may have noticed an increase in construction of senior living facilities lately. This does not surprise me as it is common knowledge that we have an aging population who is living longer thanks to modern medicine. Therefore, the need for additional senior care […]
Small Group Health Plans Go “Level Funded”
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS As premiums for fully-insured small group medical coverage continue to increase due to the Affordable Care Act’s community rating rules, small business owners looking for competitively priced alternative approaches to health care coverage owe it to themselves to explore “level funded plans” based on a […]
Health Insurance Exchange Trends
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS With the American Healthcare Act (AHCA) continuing to slog its way through Congress and the Affordable Care Act (ACA) still the law of the land, Americans are looking toward the Fall open enrollment season with a mixture of dread and confusion. The good news that […]
As Congress Squabbles, Health Insurance Rates Soar
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS In the insurance industry it is often said that “in the absence of information, an underwriter’s mind is filled with negative thought.” As we approach 2018, there is a lot of very negative thought swirling in the minds of health insurance underwriters in light of […]
Outline – Insurance Decisions: It Comes Down to Alternatives
Gary Bottoms had the opportunity to speak to fellow advisers in the estate planning industry on July 21st at The Georgia Society of CPAs’ Estate Planning Conference. His presentation, which was geared toward the adviser community, was about what our clients are really thinking and how insurance can be a solution for their fears. His […]
Employee Benefits Are More Important Than Ever
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS With the labor market tight and the individual health insurance market disintegrating, it is more important than ever before for employers to calibrate their employee benefit plan to ensure competitiveness both with respect to plan design and premium cost. And perhaps more important than the […]
Protecting your most valuable asset
BY DAVID BOTTOMS, REBC, RHU, CLU, CHFCSENIOR VICE PRESIDENT, BENEFITS If you asked most Americans to name their most valuable asset, many would be quick to reference their homes, their cars or perhaps their bank account balance. While it makes intuitive sense to reference a tangible item of value in response to the question, most […]
