Today is the last day for open enrollment for 2019. If you do not select a plan by midnight tonight, you will not be eligible to receive subsidies for 2019 without a special circumstance.
Don’t miss out on your opportunity to select from the maximum number of options for your health coverage in 2019. Call today 1-888-630-3826!
For the last few years short-term health insurance plans have only been allowed to last for a maximum coverage period of three months. This decision forced many families into overly expensive health plans in the Healthcare.gov Marketplace.
On October 2nd all of that changed. These plans are now allowed to last for one year just like any other medical plan. This means that you have more options, more networks, and often better prices to choose from.
This, combined with the elimination of the ACA Tax Penalty for not having insurance, means that now is the best time to buy insurance for you and your family.
Please request a free quote today to find out what your options are!
Often we forget about our teeth when thinking about healthcare. But the reality is this, dental health is essential to living a healthy life. Many health concidtions (including diabetes, respiratory disease, osteoporosis, and cardiovascular disease) have direct relationships to your dental health.
Dental insurance helps keep you health in several ways.
- Regular visits to the dentist for cleanings are covered at 100% in most cases. This allows you to find any potential problems before they become major issues.
- If something major comes up, you are not footing the entire bill for major out-of-pocket costs.
Be sure when making an appointment that you ask how dental insurance can be helpful to your overall health package.
Call today at 1-888-630-3826 or Get a free quote.
Understanding A Copay
Some insurance plans offer a type of office visit payment called a copay. This term can be confusing as it does not mean the same thing every time.
Typically, a copay is the amount that you are required to pay to be seen for service. That part is easy to understand. The difficult part is whether or not the copay is all you will pay for the service that you are receiving.
Some insurance plans waive the deductible in favor of the copay. That means you do not have to meet your deductible and only have the copayment and any applicable coinsurance. However, many plans require a deductible before you get to pay a copay. This means if your office visit is normally $100 and your copay is $20, you would have to pay the full $100 if your copay has not been met.
Are Copays Right For Me?
The question of whether or not a plan with a copay is right for you depends on what you want your out of pocket costs to be for the year. Typically, plans with copays are higher in monthly premiums. However, your upfront costs for medical services may be cheaper.
This is not a question that is easy to navigate on your own. Our team is available to help explain the plans that you are looking at and to help you decide what plan will give you the best coverage at the best overall prices. Schedule a call today or submit a form to get a free quote.
Can I save money?
Every year Open Enrollment for the Affordable Care Act, also known as Obamacare, starts in November and people always ask what is the cheapest plan they can get? The answer is, it depends!
The Affordable Care Act allows for certain individuals to receive subsidies based on income levels. However, you must first meet a certain income level before you are allowed to receive a subsidy. What does this mean?
For an individual, you must make at least $16,000 per year to receive subsidies in many cases. More information can be found at healthcare.gov about specific income levels.
Is there a downside to subsidies?
As with most things, there are caveats to subsidies. At the end of each year, your subsidy level will be compared to your IRS Tax Return to make sure that you actually qualify for the subsidies you received during the year for healthcare. If your income level is higher than what you reported on your application, you will owe money back to the government for the subsidies that you did not qualify for. This can be fixed by making sure you update any income levels that may change during the year to keep your subsidies and premiums at the proper amount.
How Can I Get Help?
We are here to help you during Open Enrollment as well as the entire year. Our team can help you determine if you are eligible for a subsidy, apply for insurance, and help you keep everything updated throughout the year. To get help, book an appointment using the button below. Or request a free quote, we are happy to help!
Aging into Medicare can be a very confusing time. There are many options (and many letters in your mailbox) that it can be overwhelming to sift through what is best for your healthcare needs.
Original Medicare parts A and B (if elected) are generally enrolled for you upon turning 65 except in certain circumstances. But parts A and B do not cover everything.
There are several options for getting additional coverage with Medicare and to keep your costs down if you have to use your insurance. One of those options is called a Medicare Supplement or a “Medigap” policy.
Medicare Supplements help to pay the costs that original Medicare do not cover. An example: Plan G covers everything at 100% except for the Medicare Part B annual deductible which is less than $200 for 2018.
You can enroll in a Medicare Supplement at any time. However, only your first six months after enrolling in Parts A and B are considered Open Enrollment which guarantees your eligibility for coverage in a plan. Outside of this, you will be subject to underwriting in order to be eligible for coverage.
If you have questions about Medicare or would like to get quotes on a Medicare Supplement, feel free to call us today at 803-620-3487 or get a quote.
For more information on Medicare, go to the Medicare Website