Mark Twain once said, “NO MAN’S LIFE, LIBERTY OR PROPERTY ARE SAFE WHILE THE LEGISLATURE IS IN SESSION“.
Today’s healthcare industry is a complex, twisted knot of Government programs & Insurance Business. A whole new layer of government red-tape has developed from Healthcare Reform. No wonder so many new financial bankruptcy cases are hitting the middle class. No wonder they don’t see it coming until it’s too late because they have only been fed the ‘Small Picture’ view of healthcare.
DMC GROUP is all about sharing the ‘Big Picture’ view of healthcare and government benefits with it’s customers through carefully considered planning options and free consultant support. Much of the passion for the company’s service model to any age group comes from all the Mildred’s that once cried in my nursing home administration office about loosing their life savings due to healthcare costs. Mildred’s Story sadly reflects the old adage that ‘Failure to Plan is a Plan to Fail’.
DMC GROUP also shares it’s ‘Big Picture’ view through the public education speaker series from the not-for-profit organization Next Steps Beyond 50.
MONEY DOESN’T GROW ON TREES BUT MONEY CAN BE SWEPT AWAY BY THE WINDS OF CHANGE – That’s why you need an Insurance Brokerage headed by a Certified Healthcare Consultant and Government Benefits Specialist to help you make good, sound financial decisions and develop a strategy for your future.
FOR THE SAME MONEY: AGENT or CONSULTANT/BROKER?
DMC GROUP SERVICES OVERVIEW
Health Insurance
Health Insurance costs a lot but having none costs more. There are sensible ways to save money on insurance, but skipping health coverage isn’t one of them. Medical bills from even a minor car accident can deplete your savings – a major illness can push you into bankruptcy. Most new bankruptcy cases are due to healthcare costs. Statistics show that accidents and illness represent nearly 85% of this risk for persons under 65. It’s no wonder then that almost half of nursing home patients are under 65 years of age. That’s right, they are…..as a former nursing home administrator, I saw younger patients continuously cruising in and out while they obtained therapy following an accident, heart attack, stroke or illness.
Life Insurance
All policies fall into one of two camps: There are term policies, or pure insurance coverage. And there are the many variants of whole life and Universal Life, which combine an investment product with pure term insurance and build cash value. Life insurance can provide a death benefit if you die; it can release family from the emotional burden of worrying about funeral arrangements; and it can provide financing for healthcare(at-home, assisted living or nursing home) if you continue to live with a critical illness or disability.
Retirement Planning
Save as much as you can as early as you can. Though it’s never too late to start, the sooner you begin saving, the more time your money has to grow. Gains each year build on the prior year’s – that’s the power of compounding, and the best way to accumulate wealth. So, when you have got something then the question becomes how do you keep it from the vultures?
DMC Group can help minimize your financial risk in retirement and estate planning while protecting your right to government benefits.
Estate Planning
No matter your net worth, it’s important to have a basic estate plan in place. Such a plan ensures that your family and financial goals are met after you die. Estate Planning can also involve careful use of a Trust and other insurance options to convert your personal assets from countable to non-countable ones that could become the basis for protecting what is yours.