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High deductibles make health insurance dicey for many.
Many Americans face hefty medical debt.

Sharity Ministries, formerly known as Trinity HealthShare, filed for bankruptcy in late 2021 and began the liquidation process. With so many outstanding claims against the ministry, it is unlikely that its members will receive the reimbursements they are owed.

As financial planners, we must scrutinize every data point our clients provide. Are they maxing out their 401(k)? Will their estate plan be properly executed? Do they have the proper insurance? How do we project investment returns in the future given their risk appetite? The last question is arguably one of the most important questions an advisor must consider.
Insurance failures are dominating headlines in Louisiana.
Louisiana's guaranty association is overwhelmed with insurer failures.

The ballooning inflation rate in the U.S. may peak and stabilize within the next six to eight weeks, but the war in Ukraine has blurred predictions how the world’s economy will fare in the coming months.
Congress is grappling with several big-ticket items and it's an election year.

There’s hope Congress will adopt some enhanced retirement savings legislation, as well as changes to capital and unrealized gains, wealth taxes, and new estate and trust rules that are included in President Joe Biden’s proposed budget.
Federal regulations are putting the "F" in fiduciary for health plans.
Federal regulations impact self-funded employer-sponsored health plans and how employers are required to act in a fiduciary capacity.

The Consolidated Appropriations Act of 2021 requires most brokers and consultants providing services to ERISA-covered group health plans to disclose to plan fiduciaries (typically, the plan sponsor), in writing, any and all direct or indirect compensation they receive.
Technology can help pull in potential customers who remain in limbo, but want to buy.

A new study from the Million Dollar Round Table reveals that 56% of Americans want their finances to be handled by a mix of people, robo-advisors and other technological tools.

Diane Boyle, Senior Vice President for government relations for the National Association of Insurance and Financial Advisors, is keeping up with all the changes and shares them in this presentation.
The NAIC executive committee recently approved a new process for long-term care rate review.

The National Association of Insurance Commissioners approved a framework to bring consistency to long-term care insurance pricing, but carriers say the pilot program for the structure did not work.