Posts by Don Walton Insurance
3 Things to Know About Disability Insurance and Why It’s Important – Disability Insurance Wooster, OH
Disability Insurance Wooster, OH 1) Protect Your IncomeThis is what disability insurance can do for you. If you get injured or ill and can’t work, disability insurance can provide you the income you need. 2) Who Is It For?Disability insurance is for anyone dependent on income from their work. You have options for short-term and…
Read More3 Tips for Buying Life Insurance – Wooster, OH
Life Insurance Wooster, OH 1) Review Your Financial SituationWhat do you have in place to support your loved ones financially if the unexpected happens? Assess your savings and debts, like a mortgage, to help get an idea of how much life insurance you need. 2) Choose a Life Insurance TypeThe two most common types of…
Read MoreGetting Started With Medicare – Medicare Wooster, OH
Medicare Wooster, OH 1) When to Sign UpGenerally, you’re first eligible to sign up for Part A and Part B starting 3 months before you turn 65 and ending 3 months after the month you turn 65. 2) Your Coverage OptionsOnce you’ve signed up for Part A (Hospital Insurance) and Part B (Medical Insurance), you can…
Read MoreThe Health Insurance Open Enrollment Period Has Ended But You May Still Be Able to Enroll With SEP – Health Insurance Wooster, OH
Health Insurance Wooster, OH 1) What Is SEP?SEP is the Special Enrollment Period for health insurance that allows you to enroll outside of the Open Enrollment Period. 2) How Do You Qualify for SEP?Certain life events allow you to qualify for the Special Enrollment Period. These events include losing health coverage, moving, getting married, having…
Read MoreHealth Insurance Open Enrollment Is Now Open. Here Are the Important Dates. – Health Insurance Wooster, OH
Medicare Wooster, OH December 15th, 2021Last day to enroll in or change plans for 2022 coverage that starts January 1, 2022. January 1, 20222022 coverage starts, if you’ve enrolled by December 15, 2021 and paid your first premium.January 15, 2022Last day to enroll in or change plans for 2022 coverage. After this date, you can…
Read More3 Tips to Protect Yourself From Medicare Fraud – Medicare Wooster, OH
Medicare Wooster, OH 1) Guard Your CardProtect your Medicare card like you would a credit card. Don’t give your Medicare card number to anyone but your doctor and people you know should have it. 2) Be Aware of FraudDuring Medicare Open Enrollment, scammers may try to get your card number. If someone calls offering you…
Read More3 Tips to Prepare for Medicare Open Enrollment on October 15th – Medicare Wooster, OH
Medicare Wooster, OH 1) Review the Medicare & You HandbookA helpful resource provided by Medicare.gov is the Medicare & You Handbook that offers current information for Medicare options and details. 2) Think About Your Medicare NeedsNow is the opportunity to think about your Medicare coverage needs for the year ahead. Consider changes in costs and…
Read More3 Things to Know About Medigap Policies – Medicare Wooster, OH
Medicare Wooster, OH 1) What Is a Medigap Policy?Medigap refers to supplemental coverage used to cover the “gaps” original Medicare doesn’t. 2) Medigap Is Different From Medicare Advantage PlansMedicare Advantage is used to get Medicare benefits, while Medigap is used to supplement your Original Medicare benefits. 3) You Can Buy a Medigap Policy From a…
Read MoreMake the Most of Your OPERS Pre-Medicare Allowance – Medicare Wooster, OH
Medicare Wooster, OH Pre-Medicare Group PlanEffective Dec. 31, 2021 OPERS will no longer be offering the pre-Medicare group plan. OPERS Pre-Medicare HRA Beginning January 1, 2022If you’re an eligible pre-Medicare retiree, effective Jan. 1, 2022 you’ll receive the monthly Health Reimbursement Arrangement allowance. PremiumsWith the HRA, you’ll no longer pay a medical premium through OPERS.…
Read MoreThe Medicare Sign-up Period and How to Avoid the Late Enrollment Penalty – Medicare Wooster, OH
Medicare Wooster, OH If you’re eligible for Medicare when you turn 65, you have a 7 month period to sign up. The 7 month period begins 3 months before you turn 65, includes the month you turn 65, and ends 3 months after you turn 65. If you don’t get Part B when you’re first…
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