Why Travel Insurance is a Must-Have for International Trips At Phoenix Health & Life Insurance, we understand that travel is one of life’s greatest joys—whether it’s a long-awaited family vacation, a solo adventure, or an international business trip. But what happens when unexpected situations arise? A medical emergency, a delayed flight, or lost luggage can [...]

The Value of Free Life Insurance Reviews: Term vs. Cash Value Policies Life insurance is one of those things that many people buy and then forget about. But like any financial tool, it should be reviewed periodically—especially when your life changes or new products enter the market. Fortunately, free life insurance reviews are available to [...]

Understanding The Impact Of The Inflation Reduction Act On Medicare Part D For Small Employers The Inflation Reduction Act (IRA) of 2022 introduced significant reforms to Medicare Part D, notably instituting a $2,000 annual cap on out-of-pocket prescription drug expenses effective in 2025. This change aims to alleviate the financial burden on Medicare beneficiaries by [...]

What Is The Medicare Prescription Payment Plan? If you or someone you know has Medicare and struggles to afford high-cost medications, there’s good news. Starting in 2025, Medicare is rolling out a new program called the Medicare Prescription Payment Plan. This plan is designed to make it easier for beneficiaries to manage the cost of [...]

Understanding Medicare Advantage Open Enrollment: What You Need To Know Medicare Advantage Open Enrollment is an important period for individuals enrolled in Medicare Advantage (Part C) plans. Whether you’re considering making changes to your current coverage or exploring new options, this guide will help you understand the essentials of this enrollment period and how to [...]

Understanding Term Life Insurance: A Guide to Protecting Your Loved Ones Life is unpredictable, and planning for the unexpected is one of the most responsible steps you can take for your family. Term life insurance is an excellent way to ensure your loved ones are financially protected in case something happens to you. This blog [...]

Navigating Group Health Insurance Changes in 2025 As we move into 2025, employers and employees will encounter several changes to group health insurance plans. These adjustments are designed to improve affordability, expand access, and simplify plan management. Whether you’re an employer providing coverage or an employee benefiting from it, understanding these updates is crucial for [...]

Navigating The Affordable Care Act (ACA) Changes In 2025 The Affordable Care Act (ACA) has undergone several updates over the years, and 2025 is shaping up to be another significant year of change. For individuals, families, and employers, these updates aim to enhance accessibility, affordability, and transparency in healthcare coverage. Below, we break down the [...]

Understanding New Group Changes To Creditable Coverage In 2025 As we approach 2025, there are important changes on the horizon for those who receive healthcare coverage through employer-sponsored group plans. One key area that may impact your healthcare decisions is creditable coverage especially if you or your employees are eligible for Medicare. Let’s dive into [...]

Why Indexed Universal Life Insurance Is a Powerful Retirement Planning Tool When planning for retirement, most people think about IRAs, 401(k)s, and annuities. However, one financial product that often flies under the radar is Indexed Universal Life (IUL) insurance. While IUL policies are primarily life insurance products, they offer a range of features that make [...]