Frequently Asked Questions

HMO plans offered by Solid Financial Solutions require you to choose a primary care physician and receive referrals to see specialists. PPO plans give you more flexibility to see any provider in-network without needing a referral.

Yes, we do offer Individual Health Insurance. Who it’s for: People who are self-employed, between jobs, working part-time, or whose employer doesn’t offer coverage.

We offer comprehensive dental and vision insurance plans to help you maintain your overall health and well-being.

With 0% coinsurance, you are not responsible for any portion of the covered medical expenses after your deductible is met; the insurance company covers 100% of the remaining costs. 

That depends on whether or not you (or your spouse) have creditable coverage. Creditable coverage from your employer means that your insurance is at least as good as what Medicare provides. If you are over 65 and without creditable coverage, then you need to sign up for Medicare.

The best time to sign up for Medicare is during your Initial Enrollment Period (IEP). Your IEP is 3 months before, the month of and 3 months after your 65th Birthday. If you are delaying enrollment due to other credible coverage, it’s wise to begin your enrollment 6-8 months prior to exiting your group plan. 

For most people, it’s not enough. Medicare Supplement or Medicare Advantage plans act as your safety net, offering the proper amount of additional protection. There are numerous plans to choose from between Medicare Supplement and Medicare Advantage. Our licensed Medicare Agents at Solid Financial Solutions can help you narrow down your options. 

Your price for prescription drugs will depend on which tier your prescription drug plan (PDP) has designated for that specific drug. Generally, plans have up to 5 tiers, with prices increasing with each successive tier. Your price will also depend on which coverage phase you are in. The coverage phases, initial coverage and catastrophic coverage, go into effect after you pay your deductible. 

Having doctors you trust is an important part of staying healthy as you age. With Medicare, your choice of health care providers depends on which plan you select. With Original Medicare, you can visit any doctor in the U.S. who accepts Medicare. If you have an MA plan, you’ll be required to stick to a specific network of primary providers, specialists, and hospitals.

Critical illness insurance is a type of supplemental health insurance that provides a lump-sum cash benefit if you're diagnosed with a covered serious illness, helping you manage financial burdens during a difficult time. 

Critical illness insurance typically covers serious illnesses like cancer, heart attack, stroke, and other major conditions, but the specific illnesses covered can vary by policy.

Life insurance is a contract where you pay regular premiums to an insurance company, and in return, they agree to pay a sum of money (the death benefit) to your beneficiaries upon your death, providing financial security for your loved ones. 

Many benefits can make investing in a life insurance policy worth it. First and foremost, life insurance can help your loved ones pay for funeral expenses if you unexpectedly pass away. It can help ensure your family can better maintain their standard of living in your absence.

Term life insurance policies do not have a cash value component, so you cannot withdraw money from them. Permanent life insurance policies, such as whole life and universal life, have a cash value component that can be accessed. 

A living trust provides a way to manage and transfer assets during a person's lifetime and after their passing, while avoiding the probate process. It also allows the grantor to retain control over their assets during their lifetime and designate who will manage them if they become incapacitated. Contact one of our Licensed Agents for more details about starting a Trust.