Important News From Aetna

 

On October 10, 2018 we learned that the Department of Justice (DOJ) will allow CVS Health’s acquisition of Aetna to proceed.

Under the DOJ consent decree, closing of the CVS Health-Aetna transaction may proceed prior to the effective date of Aetna’s previously announced divestiture of its entire standalone Medicare Part D business to a subsidiary of WellCare Health Plans, Inc.

You do not need to do anything new or different as a result of this announcement.  Aetna and CVS Health will continue to operate as separate companies until the CVS Health transaction is complete.

While the DOJ decision is an important step toward finalizing the CVS Health transaction, closing remains subject to certain state regulatory approvals and satisfaction of other closing conditions. We continue to expect the CVS Health transaction to close this year.

We value our relationship, and will keep you informed every step of the way in accordance with the terms of our current agreements. 

 

Source: This message is for informational purposes only, is not medical advice and is not intended to be a substitute for proper medical care provided by a physician. Information is believed to be accurate as of the production date; however, it is subject to change. For more information about Aetna plans, refer to aetna.com.

5 Important Insurance Tips for Millennials

Millennials find themselves in the stage of life that may require them to purchase their own insurance. After having aged out of their parent’s insurance coverage, both car and health, and buying or renting a place to live, coverage needs may not be as black and white as one might think.

Knowing these 5 tips will help navigate through the sometimes-complicated policies out there.

  1. Shop smart for adequate coverage- Although cost is an important factor, having the coverage you need is equally important. You may be tempted to choose the least expensive plan but when it comes time to make a claim, you will see less of a financial benefit. In fact, a high deductible could cause a unexpected financial burden.
  2. Look for discounts- Often insurance carriers will offer discounts for bundling services, such as your home or rental insurance and your car insurance. In addition, there are discounts for being in school and getting good grades. Be sure to ask your agent about these and other possibilities.
  3. Fill in the gaps- An average policy will provide basic coverage but that may not be enough for all your coverage needs. For instance, a rental or home owner’s policy may not cover personal items such as jewelry over a certain dollar amount.  Be sure to ask if you have collectables or higher value items. 
  4. Purchase life insurance- Life insurance is important, no matter how old you are. For a millennial, it may also save you money on a policy in the long run. It is especially important if you have children. Life insurance can help your family cover unexpected costs in your absence. If you have children, a life insurance policy can support their education or childcare expenses.
  5. Consult an independent agent- Talking with an independent insurance agent is the first step in finding the coverage you need and can afford. An independent agent works with multiple providers and can help you navigate the different policies and coverage. They can also help explain some of the terms and conditions that may be difficult to understand.

 

Spring Cleaning

Spring is a time of renewal. Trees are budding, flowers are blooming and we tend to clean house with windows open, dusting off winter. One area of house cleaning you may not think to dive into is your beauty products. Keeping your products clean, and getting rid of old products, is important not only for hygienic purposes, but they can be breeding grounds for bacteria and fungi, especially makeup brushes.

Don’t share makeup.

Everyone has different body chemistry and sharing products you use can cause the spread of viruses and inflammation. For example, using someone’s lipstick can pass along the cold sore virus or using someone’s mascara can spread pink eye or other eye infections.

Clean those makeup brushes.

No need to buy a special cleaner for this, using a mild soap or shampoo is sufficient. Put a small amount in your hand and swirl the brush around, rinse well, and dry upright or flat. This is also a good time to wash out that cosmetic bag and those tweezers.

Purge products every six months if they are a liquid or a cream.

This includes liquid eyeliner and mascara, they can collect bacteria that causes eye infections. Powders tend to last a bit longer, so your sparkle powder eyeshadow has a few more months in them.Store beauty products in a cool, dry space. Humidity and heat can accelerate the growth of fungi and bacteria.

One final tip, when in doubt, throw it out. Holding on to something that may be contaminated is not worth the risk of illness or infections.

Insurance Broker and Business Owner, Rebecca Yates, Also Advocates for Change

Current Vice President of Vest Pocket Business Coalition Rebecca Yates, owner of Ark Insurance Solutions, was looking for more opportunities to learn about political advocacy when she joined Vest Pocket in 2016. Yates has a daughter with Autism and advocating for an education bill got her up on Capitol hill for the first time.

“I have always been passionate about small business, I have grown as a business owner and a person, having been involved with Vest Pocket,” Yates said. “Being able to set up a series on addressing the mental health of business owners, where studies have shown that they are under the same levels of stress similar to combat veterans, has been a great opportunity. We need more members so we can really start effecting change.”

Vest Pocket is a collaborative association of Utah’s locally owned small businesses that was born out of necessity in 1997. The issue that sparked the first movement, were local parking ordinances that were put into place making parking very difficult for certain small business owners and their customers. Together, those businesses banded together and fought to make changes that would accommodate the needs of the businesses, the consumer and the city.

Read the full article at http://utahstories.com/2018/02/starting-a-small-business-where-do-you-go-for-help/

To learn more about Vest Pocket visit http://www.vestpocket.org