We have a new website!

[ 0 ] April 1, 2014

The Jordan Insurance Group has a new look and website!

This website will also host our new blog!

Check out our new look!

Please note that this site will no longer be maintained.

 

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Trim costly medical expenses with good health care habits

[ 0 ] March 26, 2014

The Jordan Insurance Group, MD, Trim costly medical expensesAs the cost of health care expenses has continued to increase, health insurance has simultaneously become an important element to prevent people with health issues from choosing between not seeking needed care and going bankrupt. Whether privately purchased or employer-sponsored, health insurance plans do play a vital role in keeping health care costs in America at a somewhat manageable level for most people. That said, a lot of Americans are still unknowingly paying more than necessary on their medical expenses.

Whatever end of the financial spectrum you’re on, you’re probably more than willing to take a few simple steps if it would result in reducing your health care spending. You can actually significantly cut your medical expenses just by becoming familiar with your personal practices and health insurance plan.

Pay attention to your health. Regular exercise isn’t just good for the mind and body, it’s also good for your finances. Living a healthy lifestyle is one of the best financial moves a health insurance consumer can make. Countless studies have shown that those with a healthy lifestyle, including staying active and eating healthy, live longer and spend only a fraction of what those with unhealthy lifestyles do in health care expenses. If you want to lower your medical expenses and visit your physician less frequently, then make sure you’re following an exercise plan approved by your physician and avoiding unhealthy habits like tobacco use or excessive alcohol consumption.

Always remember to follow your health care plan. One of the main causes of patients having to pay a medical bill out-of-pocket is from visiting a doctor or medical facility that isn’t part of their particular health plan’s provider network. Claims for out-of-network providers may be paid at a reduced amount or rejected entirely. To help you avoid such often unnecessary expenses, ask your insurer for a complete listing of the doctors and hospitals in your network. Whenever possible, choose a doctor within the network. You can also make a plan for emergencies that would help you avoid costly co-payments for hospital emergency room visits.

Always know and follow the rules pertinent to your particular policy and insurer. These rules can vary from policy to policy and insurer to insurer; don’t assume one policy will be the same as another. For example, some insurance policies, such as health maintenance organizations (HMOs), are structured to only provide coverage for specialist visits when your primary care physician refers you to the specialist. On the other hand, preferred provider organizations (PPOs) could provide partial reimbursement if you visit an out-of-network doctor, but you’ll still be responsible for a greater portion of the bill than when using a doctor in your network. The insurance lingo itself can also be fairly complex. Ask your insurance agent if you have any difficulty understanding the specifics of your coverage.

A good rule to remember for most any type of insurance policy is that a higher deductible generally results in lower premiums. A lot of people pay high premiums in an effort to keep their co-pays down even though they’ve rarely had a need to visit a hospital or specialist. Those in good health, that don’t have a history of frequent hospital or doctor visits, and that don’t expect either element to change may be spending more in premiums than they would ever save in lower co-pays. In this case, it may be better to consider accepting a higher deductible to save money on your monthly premiums.

Maintaining a health insurance plan is just a necessary evil with the cost of health care services today, but do ensure that it isn’t the only way you’re trying to control your health care expenses. Take every opportunity to trim the fat and control your health care expenses. You surely have better places to spend your money than on costly, bad health care habits that result in additional costs, unnecessary doctor and hospital trips, and high payments.

Content provided by Transformer Marketing.

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Eight tips to help you set and reach your financial objectives

[ 0 ] March 24, 2014

The Jordan Insurance Group, MD, Financial planningWhether in the context of earning it, saving it, investing and growing it, or just managing and holding on to it, money is a complicated subject that everyone seems to miraculously be an expert on these days. As such, there are a lot of unscrupulous individuals that would like to tell you about money just to advise you down a path that benefits them, not you. So what do you really need to know?

  1. Concentrate your efforts. In reality, most people aren’t able to achieve the vast financial objectives and goals they’ve set for themselves. By narrowing your objectives and identifying and prioritizing your goals based on what matters to you most, you can concentrate your efforts and have a much better chance of success.
  2. Choose prudently. As you determine and set your goals, look at what will not only make you happy and fulfilled, but also help you have a feeling of financial security. Goals commonly at the top are an emergency fund, covering a child’s college tuition, and getting out from under debt.
  3. Focus on the primary goals first. As with No. 1 on our list, you might find it hard to put desirable, but less important goals, on the back burner. However, this will be a necessary evil to ensure you achieve your primary goals.
  4. Prepare yourself for conflicting feelings. Goals will often come into conflict with each other, especially as your financial and personal life continues to evolve. Ask yourself what the deferring of each goal would mean for you and your family and which goal would have a vaster or more substantial benefit?
  5. Time can be your enemy. Time will be one of the most important allies in reaching your goals; the more time you have, the greater chance you have to reach loftier financial goals. For example, money in stocks and bonds or interest-earning accounts will only grow and compound with time. Younger individuals will have longer to build their nest eggs and can take greater investment risks than older individuals with shorter investment horizons and less time to recover from a risky investment gone wrong. The longer you wait to set your goals and implement your plan, the more difficult success will be.
  6. Don’t go it alone. Make sure to include your significant other as you set your goals. You should even give older children a voice in the goals that involve or affect them.
  7. Don’t ignore spending. You don’t need to worry if you make the occasional extra trip to the coffee shop. It’s fine to include some degree of fun or comfort into your daily expenses, but you do need to remember your long-term goals in your spending habits. You certainly need to sweat the big stuff and keep your major purchases inline with your goals. You need to ask yourself if each and every big purchase is taking you further from or closer to your primary goals. Try to avoid, or at least reduce, any purchase that doesn’t contribute to achieving your goals. You might deserve a cruise, but if it steals from your child’s college tuition fund, then it might be better to take a weekend road trip instead.

Don’t ignore change. Every one to five years, you should reexamine your goals and priorities. If for no other reason than elapsed time, your needs, desires, and personal and professional circumstances may have changed.

Content provided by Transformer Marketing.

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Have you heard about the USA RX card we offer?

[ 0 ] March 21, 2014

The Jordan Insurance Group, MD, USA RX cardAs many of you know, The Jordan Insurance Group and USA Rx have partnered up to provide extra savings for prescription drugs.

Many people have inadequate prescription drug coverage which is where we come in.  The Jordan Insurance Group and USA Rx will provide you with a FREE USA Rx card which you can use when you pick up prescriptions.  There is no restrictions for pre-existing conditions, no paperwork and you can use the card how often you like.

All you have to do is sign up.  We won’t share your information with anyone and we adhere to the HIPPA laws.

Look at the savings below:

Gabapentin has reported an 84% savings at the counter.
Hydrocodone-acetaminophen has reported an 80% savings at the counter.
Metformin HCL has reported 80% savings at the counter.
Lisinopril has reported 72% savings at the counter.

And a 71% savings overall for all of our clients!

Sign up today!

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Americans Lacking Guaranteed Income Options, Survey Says

[ 0 ] March 19, 2014

The Jordan Insurance Group, MD, Financial FutureSeventy-two percent of U.S. adults say they either don’t have lifetime income options in retirement or are unaware of whether their employer offers them, according to a TIAA-CREF survey.

Thirty-four percent of respondents said their primary retirement savings goal is guaranteed monthly income. Another 40 percent want to ensure their savings are safe regardless of what happens in the market.

Only 21 percent of respondents said they expect to receive income from annuities.

The survey indicated there is a disconnect between the retirement income recommended by experts and the income Americans believe they need.

Most experts agree people need 70 to 90 percent of their pre-retirement income to live comfortably during retirement, says TIAA-CREF. But one-third of survey respondents who haven’t retired believe they will need only 25 to 50 percent of their pre-retirement income. Another third believe they will need 50 to 75 percent.

The survey also found respondents are unclear about how much they need to save. Experts recommend that Americans save at least 10 to 15 percent of their annual income for retirement, including contributions from their employers. However, the TIAA-CREF survey found that 44 percent of those who haven’t retired are saving 10 percent or less of their annual income and 21 percent aren’t saving for retirement at all.

The survey of 1,017 adults was conducted by an independent research firm between January 3 and 5.

Content Provided by:  http://www.fa-mag.com/news/annuities-can-help-workers-achieve-retirement-savings-goals–says-tiaa-cref-17152.html?section=93

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Is group life insurance enough to protect your family’s financial future?

[ 0 ] March 17, 2014

The Jordan Insurance Group, MD, Group life insuranceIf you are expecting life insurance to fully provide for your family’s financial security, then you should think beyond the group life insurance that may be provided by your employer.  A group policy might give you a false sense of security in believing you have adequate coverage.

Although some employers might offer several times your regular salary in life insurance benefits, you owe it to yourself to ask if this is enough. How long would this amount last given your current expenses and debts?  There is also the question of providing for your children, and their higher educational needs. It is important to make the time and effort to calculate how much is enough to cover your family’s financial needs should the unthinkable happen. This is especially important if you are the sole wage earner for the family.

As a general rule, people should have seven to ten times their annual salary in life insurance, particularly younger people with families to raise. Younger people need to be aware that now is the optimum time to purchase life insurance; as their policy will cost much less than if they wait a few years.

If you are starting a new job or thinking about switching jobs, there is vital information about group life insurance benefits that you need to consider.
If you leave a job, the downside of most group policies is that you cannot take the coverage with you; it may or may not be portable. Even if the coverage is portable, the insurer will normally require conversion of your term policy to a higher priced whole life policy. Certainly, it is preferable to accept the high priced conversion policy rather than having no coverage at all.

Advantages of group life policies:

  • Employers provide policies, most often at no charge to you.
  • Policies can be used as a supplement to an individual life policy.
  • Most policies are guaranteed issue with no medical underwriting required. 

Disadvantages of group life policies:

  • Group term life insurance has no cash value and cannot be borrowed against.
  • There is no flexibility or choice with regard to the terms of the policy.

When it comes to life insurance, don’t leave your family in a precarious financial position. Take steps to make certain your coverage is more than a fraction of what is really needed.

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Federal inspector to audit Maryland health exchange

[ 0 ] March 14, 2014
The Jordan Insurance Group, MD, Maryland Healthcare ConnectionWASHINGTON ——

A federal inspector general is launching a review into what went wrong with Maryland’s health insurance exchange, the first examination focused specifically on how millions of dollars in federal money was spent by the state, according to the lawmaker who requested the probe.

Rep.Andy Harris, a Baltimore County Republican and vocal opponent of President Barack Obama’s health care law, said officials with the inspector general for the U.S. Department of Health and Human Services had contacted him and indicated they will look into the creation of the state’s glitch-prone exchange.

The probe, which Harris said would likely begin in a matter of weeks, is the first of its kind to be revealed publicly. It comes days after the U.S. Government Accountability Office said it would review the formation of state-based insurance exchanges — though experts say an inspector general’s examination is usually more exhaustive and specific.

State legislators also are scrutinizing problems with Maryland’s online exchange, which crashed on its first day last fall and has had continued problems, including feuding contractors and major software issues. The state review is not expected to be completed until mid-2015 — well after this year’s gubernatorial primary and general election.

“Unfortunately, Maryland has gained national attention as one of the worst roll outs,” Harris, an anesthesiologist who represents the Eastern Shore-dominated 1st District, said in an interview. “This whole issue needs way more transparency.”

“Whatever they find, they find,” he said of the OIG review.

A spokesman for the federal agency’s inspector general declined to comment. The state’s Department of Health and Mental Hygiene also declined to comment.

A significant amount of public funding has been used to develop and repair Maryland’s health exchange. Maryland expects to spend $261 million on the exchange by the end of 2015 — more than 80 percent of it federal money.

The review by the Office of Inspector General offers an opportunity for a unique accounting of what happened. The agency is likely to be able to quickly collect documents from HHS — the federal agency that largely funded the state’s site. And the inspector general has subpoena power.

The scope of the inspector general’s review is not clear. Harris requested answers to five questions, including how contracts were awarded, what internal controls were in place and “who specifically failed in their responsibilities to safeguard federal taxpayer money.”

Auditors could review all or none of those questions. They could fold an examination of Maryland’s site into a broader report of other states that experienced problems. The separate GAO report will review exchanges in several states.

Harris, who sits on a House Appropriations subcommittee with oversight of the health department, requested the investigation last month. In a letter co-signed by a Georgia Republican, Rep. Jack Kingston — the chairman of that committee — he wrote that state officials ignored early warning signs and chose to “waste and abuse federal taxpayer money by opening up what they knew was a flawed exchange to the public.”

The Maryland Health Connection — intended to help people sign up for coverage under the new federal law — crashed when it launched on Oct. 1. State officials attributed the problem to technical glitches, but emails and other documents showed that the development of the site had been troubled for months by technical problems and disputes between the main contractor and a key subcontractor.

High-ranking state officials have said they were unaware of the extent of the problems.

Read the entire article here

Content provided by: http://www.baltimoresun.com/news/maryland/politics/bs-md-oig-maryland-20140309,0,4630175.story#ixzz2vfbWx0ss

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Choosing The Right Maternity Coverage

[ 0 ] March 12, 2014

Many health insurance plans do not automatically include maternity care. If you plan to have children in the relatively near future, this is an important issue to address. Following these tips can help ensure that you pick the right maternity coverage for your situation.

Rely on Professional Advice

Comparing the difference between the maternity coverage offered by different plans can be overwhelming, to say the least. To help you accurately compare apples and oranges, you will likely benefit from the advice of one or more insurance professionals. Until the new healthcare laws are fully implemented, not all plans will cover maternity needs — especially if you have an existing work health plan. When shopping for your own plan, an insurance professional can help you better understand the pros and cons of each insurance plan and can make sure that you have enough coverage.

Examine the Details

Remember to check the details of the coverage provide by whatever plan you choose. When comparing plans, consider whether your child’s first few doctor appointments will be covered, check whether there is a reimbursement limit and make sure that an extended hospital stay (should it prove necessary) will be covered by your plan. Issues like these can be easy for new parents to forget until it is too late. You can never fully anticipate what your medical needs will be before birth, so plan for the unexpected while you have the chance.

Consider Purchasing Independently

You should know that with new regulations in place, if your current job does not offer insurance, most new plans that you purchase on your own will include some form of maternity coverage. However, you should still shop around to compare other aspects of each plan before making a final decision. Just because the plan offered by your employer states that it covers maternity expenses does not mean that it will be right for your situation, whether for maternity or for other issues. Purchasing coverage independently may help you choose a plan that is more specifically tailored to all your needs.

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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Life insurance: reduce your weight and your premiums!

[ 0 ] March 10, 2014

The Jordan Insurance Group, MD, Life InsuranceWhen you’re buying Life insurance, losing a few extra pounds could save you big dollars – money that you could apply to pay for the policy or increase the amount of coverage.

Here’s why: According to two recent nationwide polls, more than 35% of American adults are overweight; another 30% suffer from morbid obesity, based on such measures as the body mass index (BMI), which correlates height and weight with the percentage of body fat. As a rule of thumb, the higher an individual’s BMI, the higher their risk of dying – and thus the higher their Life insurance premium. In fact, those who are morbidly obese might be unable to buy coverage at any price! Conversely, the lower your BMI, the less you’ll pay for a Life policy.

For what it’s worth, obesity is also a major factor in driving up Health insurance premiums: A recent Cornell University study found that the annual medical expenses of an obese person exceed those of their normal weight counterpart by a hefty $2,741 a year – which comes to $190 billion a year (20.6% of the nation’s health care tab).

By reducing their weight, policyholders easily can reduce their premiums hundreds of dollars a year – or thousands over the term of coverage. For example, one sample analysis of a $1 million, 20-year Whole Life policy found that a 200-pound male in his mid-30s would save $730 a year by losing an average of 30 pounds; a 180-pound female in the same age bracket who shed 30 pounds would reduce her annual premium by $527. Savings of that size add up quickly.

If you lose weight during the term of the policy, your insurance company might not necessarily lower the premium – any more than a weight gain would lead to a premium increase. If you’re planning a long-term weight reduction program, it would make sense to switch to another policy after you’ve completed your regimen and kept the pounds from coming back. The insurance company will verify your weight by reviewing the results of your latest physical or having an examiner take a scale to your home.

The professionals at our agency would be happy to discuss this issue, or any other aspect of your Life insurance program at your convenience. Just give us a call.

Content provided by Transformer Marketing.

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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March 8th Plungefest

[ 0 ] March 7, 2014

The Jordan Insurance Group, MD, PlungefestIt’s the 18th Annual Maryland State Police Polar Bear Plunge – an event that has been keeping Maryland COOL since 1997! Let the fun begin and be a part of all the chills and thrills of PlungeFest 2014 on March 8, 2014 at Sandy Point State Park. It’s not just an event – it’s an experience that has become a winter-time tradition for thousands of warm-hearted Plungers! And it all benefits Maryland’s children and adults with intellectual disabilities, as they enjoy the life-changing benefits of participating with Special Olympics Maryland.

You will receive a “Giveaway” sheet at registration and upon verification of visiting five locations on the grounds you will be able to turn in the “sheet” and entered for a chance to win when we draw for the prizes. The first 2,500 plungers who register on Saturday will receive a commemorative “I PLUNGED ON!…” t-shirt and your Plunge sweatshirt if you haven’t already picked it up. Wawa, the Official Coffee provider for the plunge will be on site with free coffee for everyone. We will have live music on our stage throughout the day. Safeway, along with Coke and Frito Lay will provide lunch. It’s not too late to register so if you have a friend who has been tempted but never plunged bring them along, all they need to do is meet the minimum $75 pledge level. It’s a great way to finally say goodbye to winter and welcome spring. Thank you for your continued support of Special Olympics Maryland athletes.

Plunge schedule includes:

  • 8:00 A.M. – Park and Registration Opens
  • 11:00 A.M. – Pee Wee & Family Plunge
  • 12:00 P.M. – Open Plunge
  • 1:00 P.M. – Open Plunge
  • 2:00 P.M. – Open Plunge.

Plunge Sweatshirts will be on-site and available to pick up. Other Plunge merchandise will also be available to purchase on-site.

If you received or purchased a parking or bus pass for 1/25/14, those passes will still be valid for March 8th.
Plunge tailgating will still be allowed in the Blue Team Bus Parking Lot only. This will be the only location where alcohol is allowed on March 8th.

The Polar Express shuttle will only be transporting passengers to Sandy Point State Park from Navy-Marine Corps Stadium and Kent Island High School.

Content provided by http://www.kintera.org/site/c.9pLGLPPwEfLWH/b.8984677/k.626B/March_8th_Plunge_Details.htm

The Jordan Insurance Group Logo

At the Jordan Insurance Group, we can provide Maryland individuals for auto, home and health,  Maryland businesses with group benefits and financial services.


7230 Lee Deforest Drive, Suite 202

Columbia, MD 21046

410.312.0811-Phone

410.312.0815-Fax

http://www.JordanGroupInsurance.com

“Large enough to serve, small enough to care”


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