I'm thrilled to announce that I received my official notification today that I helped enough families with their financial security to qualify me for Modern Woodmen of America's sales conference to…Read More
For those with an individual health insurance plan with Blue Cross Blue Shield, for 2013 they have announced a new Healthy Outcomes Program in efforts to assist with making health insurance more affordable. Its designed to reward Blue Cross Blue Shield customers for working towards a healthier life style. Generally speaking, the healthier the life style, the less doctors and prescriptions you need, which is a win win for you and your insurance company.
Here are the…Read More
First let's start with what is the subsidy? The subsidy is also known as the "premium tax credit". It will offset the price of health insurance for those who qualify as of 2014. It is available for individuals and families who are between 100% to 400% FPL (Federal Poverty Level).
The income ranges for 100% to 400% FPL are:
Individual with annual income of $10,830 to $43,336
Family of 2 with annual income of $14,470 to $58,280
Family of 3 with annual income of $18,310…
"What is the exchange"?
• Exchanges will be marketplaces for purchasing insurance.
• Each state must set up an Exchange or use the federal government Exchange.
• You can compare all your insurance options based on price, benefits, quality, and other features that may be important to you.
• Insurance carriers have the option of whether or not to sell plans on the Exchange.
"When does it start?" Plans should be available by 10/1/2013 for enrollment of…Read More
As a licensed health insurance agent in North Carolina, I have been hearing this question a lot. The question isn't whether or not it will be impacted, the question is how much. The health insurance companies are not government run entities, so any time the government mandates a change to a health insurance policy, that change is going to be reflected in the premium, up or down.
Some of the changes that will impact health insurance premiums are:
1. Essential Health Benefits -…Read More