Insights

Insurance Education Corner Understanding Deductibles, Copays, and Out-of-Pocket Maximums Health insurance plans include several cost-sharing features that can sometimes be confusing. Understanding a few key terms can help you better manage your healthcare costs. Deductible: This is the amount you must pay for covered healthcare services before your insurance plan begins paying for most services. […]

Retirement & Financial Planning Planning for Healthcare Costs in Retirement Healthcare is one of the most important—and often underestimated—expenses in retirement. Even with Medicare coverage, retirees can still face costs for premiums, prescription drugs, dental and vision care, and out-of-pocket expenses for medical services. Planning ahead for these costs can help prevent financial stress later […]

Ancillary Product Spotlight: How Hospital Indemnity Insurance Can Help Protect Your Finances Even with good health insurance, a hospital stay can come with unexpected out-of-pocket costs. Deductibles, copays, transportation expenses, and other costs can add up quickly. That’s where hospital indemnity insurance can help. A hospital indemnity policy provides cash benefits paid directly to you if you […]

Understanding the $2,000 Medicare Prescription Drug Cost Cap Prescription drug costs can be one of the biggest healthcare expenses for Medicare beneficiaries. Beginning in 2025, a major change to Medicare Part D helps provide relief: a $2,000 annual cap on out-of-pocket prescription drug costs. This means that once your spending on covered medications reaches $2,000 […]

MyCarePro Powered by HRPro Appoints Jackie O’Connell as Assistant Director MyCarePro, powered by HRPro, a provider of personalized health insurance guidance and enrollment support, is pleased to announce the appointment of Jackie O’Connell as Assistant Director. In this role, O’Connell will support the organization across operations and sales while helping advance MyCarePro’s mission of delivering […]

Layoffs, retirements, and job transitions aren’t just about paperwork — they’re about people. As an employer or HR professional, you have the power to make a stressful transition less overwhelming by handling benefits off-boarding with care. Here’s how to support your employees while keeping compliance and compassion in balance. 1. Recognize Your Role Employees leaving […]