Traditional plans, which often have low copayments for regular visits, and High Deductible health plans.
Traditional plans are what many people used before healthcare reform. They had copayments
(a small amount due at the time of service) for regular Dr. visits and medications. They have
a deductible and coinsurance for unusual things like MRI’s, CT Scans, and hospital visits.
These plans tend to be more expensive every month, but generally require a smaller portion
to be paid by you when a claim happens.
High Deductible health plans are paired with a tax-protected savings account called a Health
Savings Account or HSA. These plans require that your deductible come first unless it is a
preventive service.
https://www.ark-ins.com/wp-content/uploads/2020/01/Depositphotos_96479014_xl-2015-copy.jpg30727000Rebecca Yates/wp-content/uploads/2019/10/ark-logo@2x.pngRebecca Yates2020-02-02 09:43:142020-02-07 20:14:11Tip # 3 From the Single Mom’s Guide to Health Insurance- Look at your income and cash flow situation.
A survey conducted by Anthem Life Insurance Company suggests that one in three millennial workers turned down a prospective job offer either due to insufficient health insurance coverage or none being offered at all.
As more millennials are entering marriage and purchasing homes, etc., concerns are shifting. Disability coverage is now part of the conversation and if employers are not offering it, many potential workers will keep walking. In addition, as millennials begin to start families, health insurance coverage, beyond the basics, is also important. Protecting themselves and their families become the forefront. Vision and dental are no longer looked at as optional add-ons, employees want to know they will have the coverage they need, or a loved might need to ensure peace of mind.
The Anthem survey also found that millennials are more likely than older workers to have engaged in long-term financial planning over the past year. Twenty-nine percent of millennials responded that they have conducted long-term financial planning, compared to 19% of 35 to 54-year-olds. (Anthem Life Insurance Company, March 2017)
https://www.ark-ins.com/wp-content/uploads/2018/09/Depositphotos_156763206_l-2015.jpg13352000Rebecca Yates/wp-content/uploads/2019/10/ark-logo@2x.pngRebecca Yates2020-01-19 09:00:102020-02-07 20:13:36Offering Health Insurance is Good Way to Attract Millennials as Employees
Do you always go to the same pediatrician? Is your nearest hospital your favorite? Make a list of all the providers you have seen over the last year, and add in any others that you plan to see in the next year. Either you, or your agent, will want to run this list through any potential insurance carriers to make sure you can still access your favorite providers.
If you need any help getting health insurance or if you have any questions, please reach out to us at 801-901-7800.
https://www.ark-ins.com/wp-content/uploads/2019/11/ark-take-a-look-at-providers.png6301200Rebecca Yates/wp-content/uploads/2019/10/ark-logo@2x.pngRebecca Yates2019-11-23 23:53:292020-01-08 09:08:06Tip #2 from “The Single Mom’s Guide to Health Insurance” – Take a look at your providers
Tip # 3 From the Single Mom’s Guide to Health Insurance- Look at your income and cash flow situation.
/by Rebecca YatesThere are two basic types of plans.
Traditional plans, which often have low copayments for regular visits, and High Deductible health plans.
Traditional plans are what many people used before healthcare reform. They had copayments
(a small amount due at the time of service) for regular Dr. visits and medications. They have
a deductible and coinsurance for unusual things like MRI’s, CT Scans, and hospital visits.
These plans tend to be more expensive every month, but generally require a smaller portion
to be paid by you when a claim happens.
High Deductible health plans are paired with a tax-protected savings account called a Health
Savings Account or HSA. These plans require that your deductible come first unless it is a
preventive service.
To download the complete guide, click here.
Offering Health Insurance is Good Way to Attract Millennials as Employees
/by Rebecca YatesA survey conducted by Anthem Life Insurance Company suggests that one in three millennial workers turned down a prospective job offer either due to insufficient health insurance coverage or none being offered at all.
As more millennials are entering marriage and purchasing homes, etc., concerns are shifting. Disability coverage is now part of the conversation and if employers are not offering it, many potential workers will keep walking. In addition, as millennials begin to start families, health insurance coverage, beyond the basics, is also important. Protecting themselves and their families become the forefront. Vision and dental are no longer looked at as optional add-ons, employees want to know they will have the coverage they need, or a loved might need to ensure peace of mind.
The Anthem survey also found that millennials are more likely than older workers to have engaged in long-term financial planning over the past year. Twenty-nine percent of millennials responded that they have conducted long-term financial planning, compared to 19% of 35 to 54-year-olds. (Anthem Life Insurance Company, March 2017)
Tip #2 from “The Single Mom’s Guide to Health Insurance” – Take a look at your providers
/by Rebecca YatesDo you always go to the same pediatrician? Is your nearest hospital your favorite? Make a list of all the providers you have seen over the last year, and add in any others that you plan to see in the next year. Either you, or your agent, will want to run this list through any potential insurance carriers to make sure you can still access your favorite providers.
To get the entire guide for free, click here.
If you need any help getting health insurance or if you have any questions, please reach out to us at 801-901-7800.