There is a new definition for a small employer for 2014. This “small” change will affect a lot of people. Let’s review for a minute, before 2014, the “size of a group” was determined by eligible employees. This number came from how many people were full-time (and had satisfied their waiting period), or were COBRA …
Tag Archive: individual coverage
Jan 14
The Rise of Health Insurance Premiums
What is this we see … Health Insurance premiums are increasing? And why is this we hear … because of the Affordable Care Act aka ObamaCare! Tell me it isn’t so. Good Morning America, it is exactly as I predicted; health insurance premiums are on the rise because ObamaCare takes effect in 2014, according to …
Jan 09
“Tis the Season” … of the Flu!
The holidays have passed, but “Tis the Season” … Flu season that is! As you would guess, my fiance woke up this morning feeling like Wreck It Ralph (looking like him too). But of course, he is Superman and still going to work, like most of us would … we all know we have to …
Dec 17
Can I use my Medicare Supplement when I travel?
Yes. If you have a Medicare Supplement plan and you travel, any doctor that takes Medicare, will take your Medicare Supplement. Now, if you travel outside the U.S. some of the standardized plans offer foreign travel for emergency care. See the article below from Medicare.gov. Now keep in mind, if you have a Medicare Advantage …
Dec 13
Insurance Companies & Rate Increases
Ahhh, the dreaded concern … will I have a rate increase and when. Good question. Speaking in General, of course, and mainly about health insurance companies, here is the scoop. Most companies including Medicare Supplement and Major Medical generally have a 12 month rate guarantee. They are not required to, but you will want to …
Dec 06
8 Things to Know About Medigap Policies
Granted, I don’t want to say that Medicare is this simple, it is NOT! But here is a short list from Medicare.gov that makes it a little simple. Medicare Supplement Policies are be the simplest of all plans because they are standardized; all companies have to offer the exact same benefits – However the prices …
Nov 29
Medicare beneficiaries face increases in 2013
Yes, we all heard the President say … Medicare isn’t changing. But guess what, it is. In January 2013 (next month) Medicare beneficiaries will face higher deductibles, higher daily co-payments, and also the Part B premium will increased slightly. According to Mutual of Omaha Insurance company, a provider of Medicare supplement plans and the U.S. …
Nov 08
Medicare Part D Penalty
If you did not enroll in Part D of Medicare, you may owe a late enrollment penalty if your initial enrollment period is over and there has been more than a 63 day gap. Part D late enrollment penalty | Medicare.gov. You can avoid the penalty in some cases if you have creditable prescription drug …
Oct 19
MY JOURNEY | Joyces story
With October being Breast Cancer awareness month, I had to share this video. MY JOURNEY | Joyces story. One of the companies I represent (proudly) is Washington National. All year long, Washington National supports the American Cancer Society, which has an ongoing mission to eliminate cancer. They also partner with HOPE, a nonprofit association that encourages …
Oct 19
Kodak ends health care to save billions!!! Who is next???
Read the full story at Business Insurance On The Go. On October 11, 2012, Kodak Co said it was ending retiree health care and survivor benefits at the end of 2012. Seems as tho Kodak was already in bankruptcy proceedings and they feel this will help improve its liquidity. Sad that retirees thought they were safe …