TexHealth Central Texas

“Saturday marks the launch of TexHealth Central Texas, a new health benefits plan that aims to cover 2,500 workers in Travis, Hays and Williamson counties in the next three years.”

The funny thing is this is not insurance. It is not regulated by the dept of insurance that monitors the financial stability of company’s that are making a claim to pay your medical bills.

“The employee and the employer each pay an average of $122 in monthly premiums — dependents aren’t covered — and the annual deductible is $250. Co-pays for primary care are $20 and specialty care visits are $40, while the limit on drug benefits per year is $1,000, and for hospitalizations, it’s $100,000. Over the next few weeks and months, Rodriguez and others will be spreading the word about it.”

DING,DING ,DING….we have a problem….you show up at MD Anderson for cancer treatment this will happen to you…so if Mr. Rodriguez spreads the word your way call your insurance agent and do a full work up on ALL your options …and if you don’t have one call or email me at 512-260-0856 … stibroker@austin.rr.com

Cash Before Chemo: Hospitals Get Tough

LAKE JACKSON, Texas

When Lisa Kelly learned she had leukemia in late 2006, her doctor advised her to seek urgent care at M.D. Anderson Cancer Center in Houston. But the nonprofit hospital refused to accept Mrs. Kelly’s limited insurance. It asked for $105,000 in cash before it would admit her.Sitting in the hospital’s business office, Mrs. Kelly says she told M.D. Anderson’s representatives that she had some money to pay for treatment, but couldn’t get all the cash they asked for that day. “Are they going to send me home?” she recalls thinking. “Am I going to die?”Mrs. Kelly’s ordeal began in 2006, when she started bruising easily and was often tired. Her husband, Sam, nagged her to see a doctor.A specialist in Lake Jackson, a town 50 miles from Houston, diagnosed Mrs. Kelly with acute leukemia, a cancer of the blood that can quickly turn fatal. The small cancer center in Lake Jackson refers acute leukemia patients to M.D. Anderson.When Mrs. Kelly called M.D. Anderson to make an appointment, the hospital told her it wouldn’t accept her insurance, a type called limited-benefit.“When an insurer is going to pay the small amounts, we don’t feel financially able to assume the risk,” says M.D. Anderson’s Mr. Tietjen.

It’s Enough To Make You Sick

The way Dana Christensen sees it, she and her husband got scammed. In early 2001, seven years after Doug had successfully battled bone cancer, the couple needed new health insurance. So they were all ears when a representative from a group called the National Association for the Self-Employed knocked on the door of Doug’s boat repair business in Marina del Rey, Calif. The rep offered what sounded like a great deal: For just $434 a month, MEGA Life & Health Insurance Co. would cover them both. The policy even carried a chemotherapy rider in case Doug’s cancer came back.
But when the cancer did return later that year, they received a shock: A few months after Doug started chemotherapy, Cedars-Sinai Medical Center refused to treat him anymore, saying he had already used up the MEGA coverage. The problem: It capped chemo coverage at $1,000 a day, even though Doug’s cost up to $18,000 — fine print Dana says they were never told about. The doctor got Doug transferred to another hospital. But after he died in October, 2002, at the age of 48, Dana was stuck with almost $500,000 in medical bills that MEGA refused to cover, and now lives on her boat to save money on rent. “He said to me one day, ‘I know it’s too late for me, but this should not happen to people,”‘ recalls Dana, who says the NASE rep never told them that it functions as MEGA’s marketing arm and only sells MEGA insurance. Last year, she sued MEGA and NASE for failing to disclose the caps and for endorsing a “sham” policy by pretending NASE was an independent group.

Did Michael Jackson have a will? If not the heirs to the estate stand to lose half if proper estate planning was not done well in advance with an estate this large. If there was no estate plan in place, then the federal estate taxes will likely be imposed on the Jackson estate by virtue of the current provisions of the Internal Revenue Code.
Shortly after his passing, John Wayne’s heirs lost his 47,000 acre Arizona ranch because the wealthy actor had failed to do any business continuation planning whatsoever.It could have easily have been taken care of with life insurance.
If in Texas do not hesitate to call Texas Term Brokers to discuss this matter further.

Michael suffered a cardiac arrest earlier this afternoon and paramedics were unable to revive him. We’re told when paramedics arrived Jackson had no pulse and they never got a pulse back.
Michael is survived by three children: Michael Joseph Jackson, Jr., Paris..
Only one can hope he had a Texas Term Life Insurance .

If you are like most Texans, your 401k have probably taken a dive last year. As well as stock portfolios down 60 percent and your home value dropping faster than Obama can produce new schemes to fix this mess. Many folks are evaluating how much life insurance is needed to adequately protect the family in the event of the death of the family member, be it the husband or wife, which supports the family’s life style. Consider that liquidating all of the accumulated assets would provide funds for the family are dropping along with the economy.  These assets, along with some life insurance, would be enough for the family to live on for some time. Texans should reconsider how much life insurance would be needed to keep the family comfortable in the event of the breadwinner’s death.  I have spoken to many clients recently who have taken a look at their assets and realized that they should add more life insurance to pick up the slack that the assets shrinking that is putting Texan’s in a bind. When or if the economy improves and your stock portfolio and real estate start to rebound, you can reevaluate whether to drop the additional life insurance or to keep it in place to protect your assets so Obama will not get them with lowering the estate tax. Don’t put your family in a position to have to liquidate their assets to survive, protect them with a Texas Life Insurance plan.

Let me start off by clarifying what is an estate tax. The Federal estate tax is imposed “on the transfer of the taxable estate of every decedent who is citizen or resident of the United States”. The starting point in the calculation is the “gross estate”. Certain deductions (subtractions) from the “gross estate” amount are allowed in arriving at a smaller amount called the “taxable estate”. So if your gross estate is worth X amount then this law allows the fed’s to impose a tax that you have to pay to transfer your estate that you have worked all your life to build to your kids. Now our past administration had slated this law to be phased out by 2010 but under our current administration under President Obama the plan detailed during the campaign, the estate tax would be locked in permanently at the rate and exemption levels that took effect this year. That would exempt estates of $3.5 million — $7 million for couples — from any taxation. The value of estates above that would be taxed at 45%. If the tax were returned to Clinton-era levels, it would exclude $1 million from taxation with the rest taxed at 55%.

So how can one keep ones estate intact and not have hand it over to our current administration? The answer is life insurance! If your dependants do not have the money to pay the fed’s in the event of your death then they will have to have an Estate sale or fire sale which means your dependants will have to sell the land, stocks ect at a below market value just to salvage a portion of your estate. So how does Life Insurance come into play on this? If one takes out the right amount of  life insurance to pay these tax’s you are essentially paying it with penny’s on the dollar instead of selling your inheritance for penny’s  to come up with dollars to pay this tax. No wonder Texas wants to secede from the union. So with texas life insurance rates at an all time low it is very cost effective way to tell Mr. Obama to “DON’T TREAD ON ME“.

Have you stopped to consider why texas women need life insurance on their husbands. The fact is that women live longer than men. Most Texas women depend on their husbands as providers and depend on them for retirement.  If the unfortunate does happen then what is the next step? Get a job to replace her husbands income? The bills DO NOT DIE AND KEEP COMING. That is why it is so important that you carry the right amount of life insurance not to pay the bills but rather an amount that can be invested to replaced the lost income as well as secured principle to use for retirement. Texas Life Insurance Company have many options on how to protect your husbands income and to preserve the life style that you both have worked so hard to obtain.

Welcome to Texas Term Broker the leading resource for Texas Term Life Insurance. With all the layoffs and firings plaguing Texas, we are finding that more and more family’s are becoming unprotected due to the fact they were relying on the life insurance benefit package provided thru their respected employer.

To truly protect your family one must own their own Texas term life policy that can not be effected by these layoff and cut backs.