Terms of Use It's estimated that each year on average Americans spend roughly $11,000 per person on health care. Without putting your health on the line, it's good to know where you can reduce medical costs: 1. Generic drugs: Always ask whether the prescription drug your doctor recommends is available in a generic form. Generic drugs can cost 20-70 percent less than name brands, saving you and your insurance company money. Also check into mail order as a way to cut costs. 2. Avoid  More...

Progressions Credit Union is Safe and Strong The recent failure of California-based IndyMac, the largest regulated thrift to fail in the last 20 years, has prompted some of our members to ask the question: Are my deposits safe? The answer is yes, all insured shares at the credit union are safe and secure. You see, while credit unions and banks are both full-service financial institutions, credit unions differ from banks in that credit unions are not-for-profit financial cooperatives who are in  More...

Terms of Use: Under COBRA, participants, covered spouses and dependent children may continue their plan coverage for a limited time when they would otherwise lose coverage due to a particular event, such as divorce (or legal separation). A covered employee’s spouse who would lose coverage due to a divorce may elect continuation coverage under the plan for a maximum of 36 months. A qualified beneficiary must notify the plan administrator of a qualifying event within 60 days after divorce or legal  More...

Yes, the recent mailing you received was for accidental death and dismemberment only. This optional coverage from The Hartford is handled by a third party administrator, whom you will need to call directly in order to cancel the coverage you selected. Their toll free number is: 1-800-860-7182 Monday – Friday, 5:00 am. to 6:00 pm., PST • Saturday, 6:30 am. to 3:00 pm., PST The Hartford adandd ad d accidental death and dismemberment insurance mailing life

Terms of Use Long-term care insurance pays for care that is typically not covered by private health insurance or Medicare. It can help protect your assets later in life. Things to consider when purchasing long-term care insurance When do long-term care insurance benefits start? Long-term care policies include what is called an elimination period . This is like a waiting period before your coverage begins. You'll be responsible for paying any care costs until the elimination period ends.  More...

Terms of Use About 1,700 companies in the United States sell life insurance. While some consumers prefer to buy policies directly from a company, most people buy life insurance through agents or brokers. Before purchasing a policy, check the company's financial condition. Make sure that the company you buy from is financially stable so you know they will be around to pay any claims. The following companies rate insurance company strength: A.M. Best Company, Inc. Ambest Rd. Oldwick, NJ  More...

Terms of Use The definition of disability in the Social Security law is a strict one. To be eligible for benefits, a person must be unable to do any kind of substantial gainful work because of a physical or mental impairment (or a combination of impairments), which is expected either: to last at least 12 months, or to end in death If, because of a medical condition, a person cannot do the work that they performed in the past, then age, education, and past work experience must be considered   More...

Terms of Use Long-term Care Insurance Long-term care insurance is a protection plan that pays you a set amount when you can no longer live independently . It can help pay your nursing home costs, your assisted living costs, even your costs when you are disabled and confined to your home. Whenever you can't perform some of the essential activities of daily living - eating, bathing, getting out of bed, going to the bathroom, walking, dressing yourself, etc. - your long-term care insurance will  More...

Terms of Use Medicare offers insurance coverage for prescription drugs through Medicare Part D plan. Or, you can choose a Medicare Advantage Plan (like an HMO or PPO) that offers drug coverage. Medicare prescriptions drug plans and other health plan options. Medicare prescription drug coverage is insurance provided by private companies that have been approved by Medicare. The Medicare prescription drug coverage: Helps you pay for the prescriptions you need Is available to all people with Medi  More...

Terms of Use Whole Life or ordinary life is the most common type of permanent insurance. The premiums generally remain constant over the life of the policy and must be paid periodically in the amount indicated in the policy. Universal life or adjustable life allows you, after your initial payment, to pay premiums at any time, in virtually any amount, subject to certain minimums or maximums. You also can reduce or increase the death benefit more easily than under a traditional whole life pol  More...