Baygroup Insurance

Maryland's premier Long-Term Care insurance agency

Health Insurance

Home Health Care

Home Health Care insurance can provide coverage for you, your spouse and loved ones to receive professional care in the comfort of your own home. 74% of people prefer home care over a facility (assisted living or nursing home).

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For information and resources on topics relating to our products, please see the following links:

How to Deal with Tax Changes to Itemized Medical Expenses

The new year is set to bring in an unwelcome surprise for many seniors in America when it comes to their taxes. Those 65 and older who itemize their medical expenses will now only be able to claim a deduction once their cost reaches 10% of their Adjusted Gross Income (AGI)- up from 7.5% in previous years. This change technically went into effect on December 31, 2012, but if a senior or their spouse reached the age of 65 between then and December 31, 2016, the 7.5% rate was then locked-in for that time period due to a large opposition from seniors carrying the highest burden of medical bills. However, this all changes on January 1, 2017 when the 10% cut-off for medical expenses becomes the rule, not the exception, for everyone.

Melissa Barnickel - Women of Influence - I95 Business Magazine - Baltimore

Melissa Barnickel was interviewed by I95 Business for Women of Influence.

Read more to learn about Melissa's personal and professional background and how she helps clients and their trusted advisors to preserve their hard-earned assets by incorporating insurance with their financial plan.  

Excerpts from "Baygroup Insurance" on i95business.com

By: Linda Esterson

Background

Listens to understand needs and quickly responds

If you need assistance and advice with insurance, I highly recommend Baygroup Insurance. Melissa Barnickel has never failed to respond quickly to my questions or pleas for help. The world of insurance can be a scary place. It is a comfort to have someone in your corner who understands your needs. Thanks, Melissa.

K.F. Abingdon, MD in Harford County, Maryland

Long Term Care Insurance and Medigap - Sparks, Baltimore County, MD

Melissa Barnickel was recommended to us when we were looking for long term care insurance. She was extremely helpful and explained everything so we could understand and make an informed decision. When we retired it was extremely confusing and upsetting trying to make sense of what to choose for Medicare Part B, prescription and Medicare Supplement Plan F. Melissa met with us and counseled us on the different plans available. Depending on what your health situation is and what prescriptions you take makes a difference on the plan you choose. This year she worked with us again on our prescription renewal. We are grateful for her counsel and feel confident our choices were the best for our situation. Thank you Melissa.

 Mr. & Mrs. T. B.

MD Health Insurers May Offer Early Renewal Option to Extend Plans through 2014

Commissioner Goldsmith clarified MD Law today. Insureds should evaluate their options carefully.  Premium is not the only factor.  The deductibles, co-pays, coinsurance, out-of-pocket maximums and covered services should be considered with what services you expect to use in 2014. 

Could you recover financially after a critical illness or long term care event?

Many middle-income Americans do not have adequate safety-net to draw on, IF they have significant health expenses not covered by health insurance.  Also, what about health events that are not covered by major medical health insurance, such as custodial care?

Medigap, Health and Long Term Care Insurance - Forest Hill, Harford County, Maryland

I have known Melissa Barnickel for ten years and early on saw the depth of her knowledge on Long Term Care Insurance. This set her apart from others who I met that handled insurance including long term care insurance. When I introduced her to my husband, he was very impressed, particularly important since he was not immediately enthusiastic about this decision. We now know that it was an excellent move for our financial well-being. Our attorney and financial advisor both know her and have the same high regard for Melissa.

Last year when we retired, we had read much about health insurance and supplemental insurance. She spent a great deal of time going through it with both of us, providing all the options for us to make the right decisions. Retiring was wonderful, however, there were so many unanswered questions and financial concerns that arose. She was of great help to us both. I would recommend her to anyone and know others who would do the same.   -  Mr. & Mrs. T. R.

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