Health Insurance SEP
SEP (Special Enrollment Periods) Typically, you can only purchase health insurance coverage through the Marketplace Exchange during the Open Enrollment Period. This lasts between November 1st and January 31st each year. However, there are some qualifying events that trigger Special Enrollment Periods, or SEPs. If you qualify for a SEP you can enroll in a Marketplace plan even if it is not Open Enrollment. This article will go over several different events that trigger [...]
Open Enrollment Health Plan Basics
Navigating Open Enrollment Health Plans Open enrollment for health insurance begins November 1st! With all the recent healthcare law changes there are more options than ever before. All the choices and new procedures can be overwhelming. This article will break down the different healthcare terminology so that you can be thoroughly educated and get the best plan for the best price. Essential Health Benefits With the newly enacted healthcare laws, there have been changes [...]
Understanding Medicare Part C
Medicare Part C: Breaking Down its Coverage Medicare is made up four different parts. Parts A and B are provided by the government and cover you for your basic hospital and doctor needs. Part D is your prescription drug coverage that you sign up for through a private insurance company. Finally, there is Part C, sometimes referred to as Medicare Advantage. Part C is additional coverage that you can receive through a private insurance [...]
Health Insurance Basics
Understanding the Fundamentals of Health Insurance: Health insurance seems to be ever changing, different employers offer different insurance solutions for their employees, and there are lots of different types of coverages so it can be hard to keep up with all the changes. It is important to have a basic understanding so that when time comes to purchase an insurance policy you know that you are getting a good deal and sufficient coverage. This [...]
5 Tips for Disability Insurance
Disability Insurance: 5 Tips you need to know before you buy Unfortunately, Disability Insurance (or DI) is something we don't think about. There are facts about disability insurance that people need to be aware of to see how they can help themselves or a loved one if they become disabled. In Fact, nearly 18.5 % of Americans are currently living with a disability, roughly 3 in 10 Americans will suffer a disability lasting 3 [...]
Health Insurance Coverage for Individuals
An individual health insurance plan is a great option if you are not covered by an Employed Plan, Medicare, TRIcare, or Medicaid. The Affordable Care Act marketplace offers high-quality coverage for Individuals and Families that are unable to obtain affordable coverage elsewhere. The categories to choose from are: Bronze: The insurer pays 60 percent and you pay 40 percent. Silver: The insurer pays 70 percent and you pay 30 percent. Gold: The insurer pays 80 percent and you [...]