Davis Financial Management

Davis Financial Management Helping Families & Businesses Protect What Matters Most in Northeast Ohio I do not provide tax, legal, or accounting advice.

As a licensed independent life agent, I offer a variety of products that can help you meet a number of insurance and financial needs, including, but not limited to life insurance, final expense, retirement strategies, annuities, Medicare, disability, long-term care, group benefits and many more. I work with individuals and small business owners to help them realize their financial goals. The benef

it of being an independent agent is that I have a variety of tools and companies that I work with to ensure that you are getting the best possible experience. Please contact me to help you fully analyze your needs and recommend appropriate solutions. Please consult your own tax, legal, or accounting professionals before making any decisions. I am not licensed in all jurisdictions. Any testimonial on this site is based on an individual’s experience and may not be representative of the experience of other customers. These testimonials are no guarantee of future performance or success.

ICHRA Is Not Just Extra CashICHRA MYTH: “The employer just gives employees money to buy insurance.”ICHRA FACT: An ICHRA ...
09/01/2026

ICHRA Is Not Just Extra Cash

ICHRA MYTH: “The employer just gives employees money to buy insurance.”

ICHRA FACT: An ICHRA is a formal, employer-funded health reimbursement arrangement. The employer establishes eligibility and reimbursement rules, employees must maintain qualifying individual health coverage, and eligible expenses are reimbursed according to the plan—not handed out as unrestricted cash.

A compliant setup may involve plan documents, required notices, substantiation, administration, and coordination with individual enrollment. That structure is what helps create a legitimate employee benefit.

ICHRA can be flexible, but it should be designed around the workforce, the budget, and the employer’s responsibilities.

Considering a change for next year? Let’s talk through the moving parts before you decide.

A Serious Diagnosis Can Become a Financial EventCritical illness or cancer coverage may provide benefits when a covered ...
08/31/2026

A Serious Diagnosis Can Become a Financial Event

Critical illness or cancer coverage may provide benefits when a covered diagnosis or treatment meets the policy requirements. Depending on the product, benefits may be paid as a lump sum, by covered service or through another stated schedule.

These policies provide limited supplemental benefits and are not substitutes for comprehensive medical insurance. The value comes from understanding exactly what triggers a benefit.

Davis Financial Management can help explain the coverage in straightforward terms.

Your Employer Offered an ICHRA—Now What?If your employer offers an ICHRA, you usually select individual health insurance...
08/30/2026

Your Employer Offered an ICHRA—Now What?

If your employer offers an ICHRA, you usually select individual health insurance and then request reimbursement according to the employer’s plan rules. That can mean more choice—but it also means you should understand the offer before enrolling.

Ask these questions:
• How much will the employer contribute?
• Which employees and dependents are eligible?
• Which premiums or expenses can be reimbursed?
• What proof of coverage is required?
• How does the offer affect Marketplace premium-tax-credit eligibility?

An ICHRA offer and Marketplace savings interact under federal affordability rules, so avoid making assumptions or accepting both without guidance.

Davis Financial Management helps employers and employees understand the process clearly and without pressure.

Your Paycheck Has a Job TooShort-term disability insurance may replace a portion of eligible income after the policy's e...
08/29/2026

Your Paycheck Has a Job Too

Short-term disability insurance may replace a portion of eligible income after the policy's elimination period, subject to its definitions, limits and benefit period. It is designed to protect income - not to pay medical providers.

That makes it an important part of the benefits conversation, especially for households that would feel pressure after even a few missed paychecks.
Davis Financial Management can help employees understand how the coverage works before they need it.

Marketplace Open Enrollment: Know the DatesFall is the time to prepare for Marketplace health insurance.Marketplace Open...
08/28/2026

Marketplace Open Enrollment: Know the Dates

Fall is the time to prepare for Marketplace health insurance.

Marketplace Open Enrollment generally runs November 1 through January 15. Enroll or change plans by December 15 for coverage that starts January 1. Enroll from December 16 through January 15 for coverage that generally starts February 1.

Before enrollment begins, gather your household information, expected income for the coverage year, current plan details, preferred doctors, prescriptions, and anticipated healthcare needs.

A lower premium is only one part of the decision. Your deductible, copays, provider network, prescription coverage, and maximum out-of-pocket limit all matter.

An Injury Can Heal Faster Than the BillsAccident insurance is designed to pay benefits for covered accidental injuries a...
08/27/2026

An Injury Can Heal Faster Than the Bills

Accident insurance is designed to pay benefits for covered accidental injuries and treatments, according to the policy. Those benefits may help with expenses that major medical insurance does not fully address.

It is supplemental coverage - not a replacement for health insurance - and every policy has definitions, exclusions and benefit schedules that should be reviewed before enrolling.

Davis Financial Management can help you understand how accident coverage may fit into a broader financial-protection strategy.

Prepare Now for Medicare Open EnrollmentMedicare Open Enrollment runs October 15 through December 7—but a good review st...
08/26/2026

Prepare Now for Medicare Open Enrollment

Medicare Open Enrollment runs October 15 through December 7—but a good review starts before the deadline pressure begins.

Before you compare coverage for the coming year, gather:
• Your Annual Notice of Change
• A current medication list with dosages
• Your doctors and preferred hospitals
• Your pharmacy preferences
• Any new health or budget priorities

Plans can change costs, coverage, provider networks, drug formularies, and pharmacy arrangements from year to year. Reviewing your options does not mean you must switch—it simply helps you make an informed decision.

Need help getting organized? Message Davis Financial Management today!

Routine Care Can Protect More Than Your SmileThe value is not limited to cleanings or a basic eye exam. Depending on the...
08/25/2026

Routine Care Can Protect More Than Your Smile

The value is not limited to cleanings or a basic eye exam. Depending on the plan, coverage may also help with fillings, crowns, lenses, frames, contacts or other services. The important details include provider networks, service frequency, copays, deductibles, waiting periods, annual maximums and allowances.

A lower premium does not automatically mean a better fit. Davis Financial Management can help individuals, families and employers compare the details in plain language.

A Benefits Budget With More Employee ChoiceSmall-business health benefits do not have to be one-size-fits-all.With an In...
08/24/2026

A Benefits Budget With More Employee Choice

Small-business health benefits do not have to be one-size-fits-all.

With an Individual Coverage Health Reimbursement Arrangement—better known as an ICHRA—an employer sets a defined contribution, and eligible employees use it toward individual health coverage that fits their needs, subject to the plan rules.

Why are business owners exploring ICHRA? It may offer more control over the benefits budget, more choice for employees, and a practical way to support teams working in different locations.

ICHRA still requires thoughtful setup, administration, employee notices, and enrollment support. If a January 1 start is on your radar, fall is the right time to begin the conversation.

Want to see whether ICHRA fits your workforce and budget? Send me a message or visit https://www.davisfinancialmgmt.com/contact-schedule

Build Three Layers of Family ProtectionA strong family protection strategy usually needs more than one financial tool. T...
08/19/2026

Build Three Layers of Family Protection

A strong family protection strategy usually needs more than one financial tool. Think in three layers:

LAYER 1 — HEALTH PROTECTION
Major medical coverage helps address covered healthcare expenses.

LAYER 2 — INCOME AND CASH-FLOW PROTECTION
Emergency savings, disability coverage, and appropriate supplemental benefits may help when illness or injury disrupts the budget.

LAYER 3 — FAMILY FUTURE PROTECTION
Life insurance and organized financial records can help loved ones continue after a loss.

The right mix depends on the household, employer benefits, savings, obligations, and budget. Davis Financial Management provides an education-first review to help families understand the gaps and available options.

Call 440-319-2406 or visit https://www.davisfinancialmgmt.com/contact-schedule

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Cuyahoga Falls, OH
44221

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