Medical Consultation

Insurance for Individuals and Families

 

Click here for business insurance

We have the independence to offer you potentially huge savings from what you are paying now for insurance.

Click here to request an Insurance Quote

Life Saver

Life Insurance

 

We help you prepare for the unthinkable

 
  • Term Life

    Insurance

    Premiums

    Low-cost

    Common Duration*

    10 years, 20 years or 30 years

    Cash Value:

    Zero

    Death Benefit:

    Tax-free

    *This assumes all premiums are paid on time and in full.

  • Universal Life

    Insurance

    Premiums

    Flexible

    Duration*

    Permanent (for life) 

    Cash Value:

    Yes

    Grows tax-differed

    Can be withdrawn tax-free as policy loans**

    Death Benefit:

    Tax-free

    *This assumes all premiums are paid on time and in full.

    **Under current tax law, policy loans are viewed as a return of principal and can be with taken out tax-free, certain restrictions such as those imposed on modified endowment contracts may apply.

  • Whole Life

    Insurance

    Premiums

    High

    Duration*

    Permanent (for life) 

    Cash Value:

    Yes

    Grows tax-differed

    Can be withdrawn tax-free as policy loans**

    Death Benefit:

    Tax-free

    *This assumes all premiums are paid on time and in full.

    **Under current tax law, policy loans are viewed as a return of principal and can be with taken out tax-free, certain restrictions such as those imposed on modified endowment contracts may apply.

Yoga by the Ocean

Health Insurance

Why struggle? Health insurance costs the same whether we assist you or you do it yourself.

 

Explore our healthcare services by clicking the icons below.

Medicare advantage
Healthcare Marketplace
Medicare supplements
Dental
Prescription Drug Plans
Long-Term Care

Three ways people get health insurance

Employer Sponsored

About Half of Americans

 

Many employers help to pay for their employees' healthcare typically resulting in lower rates than for individual health insurance.

Medicare or Medicaid

More than 1/3rd of Americans

 

While Medicare is based on age and disability, Medicaid is income-based. We help with Medicare Advantage and Supplements.

Individual Insurance

About 7% of Americans

 

Private insurance not subsidized by an employer can be expensive. Let us help you navigate the marketplace.

Doctor's Desk

Medicare

We can help you choose the right Medicare path for you.

 

 How to enroll in a Medicare Plan 

  • Annual Election Period: Oct. 15th to Dec. 7th

  • *MA Open Enrollment Period: Limitations Apply*

  • Initial Enrollment for Medicare Part A and B:

    • 7-month period, begins 3 months before the month you turn 65.

    • This is automatic if you are already receiving social security (1st day of the month they turn 65)

    • If not automatic, enroll:

      • Online at www.SocialSecurity.gov.

      • By calling Social Security at 1-800-772-1213, M-F from 7AM to 7PM.

      • In-person at your local Social Security office (limits during COVID-19)

  • Special Enrollment Period: Requires qualifying event

*Note: If you sign up for Medicare Part A (Hospital Insurance) and/or Medicare Part B during the first 3 months of your Initial Enrollment Period, your coverage starts the first day of the month you turn 65. If your birthday is on the first day of the month, your coverage starts the first day of the prior month.

 What to bring to an appointment: 

  • Lists of:

    • Medications, and their dosage and frequency

    • Preferred providers such as doctors and clinics

    • Preferred pharmacies

  • An idea of how much you currently use medical services

  • Valid ID

  • Medicare enrollees: Medicare card or # if available

 Types of Medicare Plans 

Medicare Advantage Plans

Medicare Advantage Plans are offered by private companies and provide all your Part A and B benefits, they also have the flexibility to provide additional benefits as well - including preventative dental, hearing, and vision benefits.

Medicare Supplements (Medigap)

Medigap is Medicare Supplement Insurance, sold by private companies, that helps cover the 20% "gap" (like copayments, coinsurance, and deductibles) that original Medicare's parts A and B don't pay for.

Medical supplements can have medical underwriting requirements to enroll (except during you initial enrollment period for Medicare).

Prescription Drug Plans

Medicare prescription drug coverage is an optional benefit offered to everyone who has Medicare.

Need help paying your Medicare premiums?

You can ask us about Low Income Subsidies (LIS)

Waiting Room

Healthcare Marketplace

 

We assist people in shopping for private insurance.

 

The Healthcare Marketplace is where individuals, families, and small businesses can:

  • Compare health insurance plans regarding coverage and affordability

  • Find healthcare providers and check prescription formularies

  • Find out if you are eligible for tax credits for private insurance

  • Enroll in a health and/or dental insurance plan that best fits your needs

We can help you choose a plan that fits your needs.

 When can you enroll? 

Open Enrollment Period: Nov. 1st to Dec. 15th​

Special Enrollment Period: Requires qualifying event

Dental Tools in Pocket

Dental

 

Sign-up for dental by itself or with medical insurance.

 

Costs depend on things like:

  • Age, 

  • Extent of coverage (preventative only vs. full coverage),

  • and the maximum annual benefit (usually $1,000 or $1500).

It is important to note that some of these plans are complex, and you should be aware that some have:

  • High premiums

  • Exclusions

  • Waiting periods

  • Cost sharing

  • Limited networks

 When can you enroll? 

Open Enrollment Period: Nov. 1st to Dec. 15th​

Year round with select companies

Patient and Nurse

Disability Income & Long -Term Care

 

We help you plan for when you might need extra help.

 

 Disability Insurance

Protection 

 Long-Term Care Insurance

Protection 

Disability Income Insurance protects one of your greatest assets, your income, while you are in your earning years.

Long-term Care Insurance protects your nest-egg by helping you cover the costs you might incur if you end-up needing long-term care.

 Disability Income Insurance 

 

Are you likely to be disabled in your lifetime?

How would you pay your bills?

 

What does disability look like?

  • Back pain

  • Joint pain

  • Nervous system-related disorders

  • Heart disease

 

  • Cancer

  • Mental illness

  • 7% Accidents, injuries, and poisonings  

 

90%

 

90% of disabilities are caused by illness rather than accidents

(according to the Council for Disability Awareness)

 

Customize the policy to fit your needs

(options vary by company and policy)

1. Define total disability: own occupation or any occupation

2. Choose benefit period: 2, 5,10 years or to age 65, 67, or 70

3. Choose elimination period: 60, 90, 180, or 365 days. 

4. Choose your riders

  • Wave mental disorder/substance abuse coverage 2-year limit

  • Residual Disability riders 

  • Cost of Living riders

  • Catastrophic Disability Benefit (CAT) rider

  • Guarantee of Physical Insurability (GPI) rider

  • Annual Renewable Disability Income (ARDI) rider (lower initial premium)

Which annual compensation package would you choose?

A: Healthy $100,000, Totally disabled $0

B: Healthy $99,000, Totally disabled $60,000

 

 Long-Term Care Insurance 

 

69%

Did you know that 69% of people turning 65 today will need long-term care at some point?

2019 U.S. Department of Health and Human Services (longtermcare.acl.govopens in new window), site accessed 08/06/20.

Long-Term Care (LTC) is a variety of services and support for your personal care needs. Long-term care is not necessarily just medical care - instead, most long-term care services offer help & support with basic tasks occurring in everyday life. These include bathing, dressing, and using the bathroom (sometimes called activities of daily living).

 Cost of Care Examples 

Long-Term Care Service

Description

National Median Annual Private Pay Price

Nursing Home

Provides a higher level of care in a residential facility with 24-hour skilled nursing supervision 

Assisted Living Facility

Provides personal care and limited health services in a residential setting; the level of care may not be as extensive as that in a nursing home

Home Health Aide

Provides assistance with personal care (e.g., bathing, dressing, eating) and other routine activities (e.g., preparing meals, doing laundry) in a person’s home

Adult Day Care

Provides social and supportive services in a community-based setting, usually during typical weekday business hours

$102,200

(Private room)

Change since 2018: 1.82%

$48,612

(Private, one-bedroom unit)

Change since 2018: 1.28%

$35,880

Based on 30 hours/week

Change since 2018: 4.55%

$19,500

Based on 6-8 hours/day for 5 days/week

Change since 2018: 4.17%

Source: Genworth, Cost of Care Survey 2019 (available at https://www.genworth.com/aging-and-you/finances/cost-of-care.html).

Can you afford to live life without a financial plan?

Have Questions?

TODD MANN FINANCIAL SERVICES INC. 
1840 5th St. Springfield, OR 97477.  

(O) 541-583-0093

Todd@ToddMannFinancialServices.com

 

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TODD MANN FINANCIAL SERVICES INC. 
1840 5th St. Springfield, OR 97477  |  (O) 541-583-0093  |  Todd@ToddMannFinancialServices.com

Investment advice is offered through Belpointe Asset Management, LLC. Insurance and annuity products may be offered through D.H. Hill Securities, LLLP. Securities are offered through D.H. Hill Securities, LLLP, Member FINRA/SIPC. D.H. Hill Securities, LLLP, Todd Mann Financial Services Inc., and Belpointe Asset Management, LLC are not affiliated entities. Todd Mann Financial Services Inc. is currently insurance licensed in the states of Oregon, New Jersey, and Wisconsin.

Insurance and annuity products may be offered through D.H. Hill Securities, LLLP. 

 

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