Investment Advisory Services offered through Claraphi Advisory Network, LLC

Life, Health, and Annuity licensed in FL, AL, MS, GA, SC, NC, and MD

Medicare Rx / Doctor Form

References made, and discussions of various investment solutions or offerings are for informational purposes only. Such investments may not be suitable or appropriate for all investors. Individual investment strategies and solutions will be based on individual discussions with your advisory representative.

 

Financial and Insurance Services maintains a principal place of business in the State of Florida. Advisors for Financial and Insurance Services may transact business only in States in which they are registered, or in which they are excluded or exempted from registration. The Advisors for Financial and Insurance Services must also be registered or exempted or excluded from registration in any state in which they follow up on individualized responses to persons in that State that involve either the effecting or the attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation.

 

Important Disclosures

The information in this website is based on data gathered from what we believe to be reliable sources. Information throughout this site, whether stock quotes or any other statement or statements regarding market or other financial information is not guaranteed for timeliness or accuracy and is not intended as the primary basis for investment decisions. It should also not be construed as advice meeting the particular investment needs of any investor. The identification of specific securities and model portfolios is made on the assumption that the investor would participate in the investment or portfolio on a long-term basis and only after consulting with their investment advisory representative to determine their individual needs, financial position, and tolerance for risk among other things. With respect to any such identification, there can be no assurance that fund or model portfolio will in fact perform in the manner suggested. All references that might be made to an investment or portfolio’s performance are based on historical data and one should not assume that this performance will continue in the future. Past performance is not indicative of future results. In some cases, our recommendations may include commission based insurance products. Such products will only be offered through an appropriately registered insurance broker. Claraphi Advisory Network does not offer insurance products.

 

Newsletter/Article Disclaimer

Our website may contain previous newsletters or articles where specific information may be dated and may no longer reflect the views, opinions and recommendations of Financial & Insurance Services. No client or prospective client should assume that any such discussion serves as a substitute for, or in place of, personalized advice from Financial & Insurance Services.

 

Video Disclosure

Any videos provided by Financial & Insurance Services  are for informational purposes only. Investing involves the risk of loss and investors should be prepared to bear potential losses. No portion of videos presented is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. Certain information contained in this presentation is derived from sources that Financial & Insurance Services believes to be reliable; however, the Firm does not guarantee the accuracy or timeliness of such information and assumes no liability for any resulting damages.

 

Links to Other Websites

This site may provide links to other websites and resources. Financial & Insurance Services  has no control over such websites and resources, is not responsible for their availability and does not endorse and is not responsible or liable for any content, advertising, products and other materials on or available from them. Financial & Insurance Services shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused with use of such sites or resources. Your use of such sites or resources shall be subject to the terms and conditions set forth by them. All such information is provided solely for convenience and information purposes.

History of Medicare

1902  -  The first U.S. workmen's compensation law was enacted.  This law was later declared        

              unconstitutional.

1915  -  Thirty states enacted the first major legislation to require employers to insure their workers against

              industrial accidents - also known as workmen's compensation

1935  -  The first federal government health insurance bill was introduced in Congress

1945  -  President Harry S. Truman became the first sitting president to officially endorse national health

             insurance

1961  -  President John F. Kennedy sent a message to Congress recommending health insurance for the

             elderly under Social Security

1965  -  President Lyndon B. Johnson signed the Medicare and Medicaid programs into law

1972  -  Medicare eligibility was extended to people with disabilities and to people with end-stage renal

             disease (ESRD)

1973  -  The HMO Act provided for start-up grants and loans for the development of health maintenance

              organizations (HMOs)

1977  -  The Health Care Financing Administration (HCFA) was established to administer the Medicare and

              Medicaid programs

1981  -  The National Association of Insurance Commissioners (NAIC) standardized Medicare supplement

              policies

1983  -  The diagnosis-related group (DRG) prospective payment system began.  Medicare members could

             enroll in an HMO or managed care plan

1997  -  The Medicare+Choice program (now known as Medicare Advantage) was enacted

1998  -  The internet site www.medicare.gov was launched

1999  -  The toll-free number 1-800-MEDICARE was available nationwide and the first annual "Medicare &

              You" handbook was mailed to beneficiaries

2003  -  President George W. Bush signed the "Medicare Modernization Act" into law, which adds an

             outpatient prescription drug benefit to Medicare (also known as Part D), among other changes

2007  -  Beneficiaries with higher income levels began paying a higher Part B premium