Fiduciary

Fiduciary: “An individual in whom another has placed the utmost trust and confidence to manage and protect property or money. The relationship wherein one person has an obligation to act for another's benefit.”

Thanks to: http://legal-dictionary.thefreedictionary.com/fiduciary

There are many occasions in life when you are dealing with people who say they will honestly represent your wants, needs and desires that this relationship is of utmost importance and their loyalty is to you and only you, sort of like being married, yep there you have it.

First of all it is used in real estate when having an agent finding a home for you, then of course any situation where you hire an agent, lawyer or anyone of that peculiar type of one on one relationship in a professional situation, but my question to all the people who have called recently to “help” me find the right plan to coincide with my Medicare, suitable for my needs and I have not gotten any outright commitment to that simple question, “Is your fiduciary relationship with me or the insurance companies?”

Is that too much to ask?

As any of my cohorts who may be turning sixty-five this year knows the world has been bombarding us with “insurance agents”, phone calls and literature on the topic of Medicare and all that it entails, trying to explain all the joys of belonging to this wonderful world of MEDICARE and our needs to have supplements to pick up the slack of the 20/80 split. Medicare itself automatically takes a flat fee of $104.90 for A, B, and D, from your Social Security payments before they reach you once you opt to be on it and then there is a gap in total coverage of that above mentioned amount of that 20% is what I think I got an understanding of it so far.

Other things too... as special medications' coverage and this and that’s, confusing…and so I did give in to a person coming over to narrow the complications down to perhaps understandable gibberish better or more.

Boring!

I sure wish I didn’t need anything special, but I do, due to my chronic ills and my very expensive special medication Copaxone @ 5K a month without coverage not counting its $150 co-pay all for the Multiple Sclerosis.

MS is no fun and the last thing I want to do is cost us a small fortune or put us in financial jeopardy but this medication that I have been on since 2010 has been keeping me stable, lesion wise.

So it is important to know what is what, but I also want to know who they are working for, me or the insurance companies. Thus my honest straight forward question.

But some of these people I have spoken to act as if I used a dirty word, since the last one giggled…sort of like when I say that my MS can exacerbate, which just means gets worse.

Could it be me?

Are there no more obligations to the customer to suit their needs at a fair price?

Business should not be who can shaft who first or gouge or hit and run, laughing all the way to their bank.

Am I living in another world?

A decent one that is only in my far off memories?

So I ask and to date have not received an answer, what’s with that?

I want to be represented for my needs and get a decent policy that won’t break the bank or cause me to question it every two minutes what is covered and what isn’t that is all.

Is that too much to ask?

I have taken to answering the phone like I said in a previous blog entry with a deep voice until they explain who they are and what they want.

Oddly enough, none of the people who called to make a house call have told me the name of their business, scary!

But they are all insistent to make an appointment, and the fact that they have our address from our phone number is causing a bit uneasiness; gone are the days that we bothered with an unlisted phone number, when Hubby was a cop and arrested people so it was prudent.

We paid for that anonymity, not much but we did have to pay, monthly I think.

Any-who, on that note of still trying hard to figure it all out allow me to be the very first to wish all of you a very happy good night and ask all you to kindly count all your blessings and share all your overages with you know who and we will too!

And next time please be here or be square, ya hear!

PS Back in the late 1980’s Hubby and I went to real estate school, but never sold anything but one of our own homes, it was during another depressive period in our economy. One open house did it when priced right.