Entries by Rebecca Yates

Open Enrollment Begins November 1–Five Factors to Consider.

  Did you know there are five factors that can affect how much your health plan’s monthly premium under the health care law? However, individual states can limit how much these factors come into play. These five factors are: Age: Premiums can be up to 3 times higher for older people than for younger people. Location: […]

Understanding Preventive Health Services

    Did you know that many preventive health services are covered by most health insurance policies at no cost to you? Waiting until you need to go to the doctor due to illness should be a thing of the past, practicing a healthy lifestyle and visiting the doctor for routine, preventive services is the […]

Select Health to enforce CMS Guidelines

Select Health will be enforcing the CMS guidelines for the Special Enrollment Periods (SEP) for marriages as of September 1, 2017. The CMS guidelines states that at least one of the applicants has had one day of coverage in the past 60 days, at a minimum. Proof of both the marriage and prior coverage is […]

Employee microchipping, invasion of privacy or just efficient?

Similar to microchipping your pets, you may have heard that a company in Wisconsin is offering microchip implants to their employees. The majority of their employees have already agreed to inject the implant into their finger, exchanging convenience for privacy. The implants are programmed to allow accesses to certain company functions, like entrance into secure […]

Important information if you have Aetna or CoventryOne insurance.

Recently, Aetna notified our brokerage of some important changes that will be taking place this year. Essentially, if you are currently covered individually by Aetna or CoventryOne, your coverage ends December 31, 2017. “As a result of financial risk and an uncertain outlook for the Individual marketplace, Aetna (including Coventry)  has decided that we will […]

2018 Health Savings Accounts Limits Are Set

The IRS recently published the inflation adjusted limits for the 2018 Health Savings Accounts (HSA). Deposits made to an HSA are tax free; contributions grow within the account tax free; and distributions are tax free as long as the money is used for out-of-pocket health care expenses, including deductibles. Here are the new limits: Individual […]

Understanding Mini-Medical Plans

Many industries or small sized employer groups utilize a mini-medical plan, such as restaurants, hotels, maid services, catering services, etc. These limited benefit plans pay for covered services at an affordable premium for both the employees and the employers. But keep in mind, they cost less, so they cover less, and most likely will not […]

Long-term care insurance, should you have it?

Becoming chronically ill due to a cognitive impairment, or if you’re unable to perform at least two activities of daily living without substantial assistance, qualifies a person for long-term care. Having insurance that covers long-term care would help pay for the care you need. Depending on the level of care that is required, that care […]