Courtesy of the CDC
We are excited to offer Engage Wellness to enhance health insurance plans you are already offering.
Engage Wellness is a great way for businesses with group health plans to save money through tax savings while gaining healthier employees through benefits like:
If you already offer health insurance, there will be no out of pocket expense and will actually lower your benefit costs without changing your plan.
Contact us at 801-901-7800 to learn more!
I quit my job in the fall of 2009. The next week my daughter and I contracted H1N1. I spent the first actual week of ‘self-employment’ (it was unemployment at that point, let’s be honest!) in quarantine for a pandemic in the middle of the worst recession our country had ever seen. Sound familiar?
I had been working for a large brokerage firm. The company that had pulled me into the insurance industry had sold and lost much of its heart in the transaction. Suddenly I was being told only to help clients that could justify the cost. I knew that if I was going to stay in this industry, an industry that I had grown to love (and be pretty nerdy about), I had to leave. For me, it was never about the dollars, it was always about taking care of my people. As a single parent, the idea of leaving a stable job with a steady paycheck was terrifying, but I had become miserable in the year that the new company had taken over and had to go.
Then the most amazing thing happened. My clients, in a show of loyalty that still brings me to tears, stuck with me. They encouraged me. They fought with me and listened to me cry. They pushed me to make sure I read and understood all the new laws going into place at the time (Obamacare or Affordable Care Act). They helped me stand strong and grow. By the time I was ready to file my corporate documents on April 10, 2010, I had enough revenue to sustain myself and my daughter, and even more, amazing, Ark was already growing.
Soon I realized that I couldn’t do this alone, and in one of the scarier steps in my life, I decided to make my first hire. In February 2011, I posted on Facebook that I needed some help. I believe he posts included something to the effect of I need an intern. Or a college kid who is willing to work on the cheap. Even if it’s only a few hours a week! I’m in desperate need but can’t pay much.Enter one of my former clients. She messaged me and asked why I hadn’t reached out to her. My honest answer was, “I know how much you make, and I can’t afford you.” We still laugh about this. She let me know that the ability to work from home was more important to her than the money and agreed to work with me until we found a budget that fit for us both.
I knew I had gotten lucky but had NO idea HOW lucky I had gotten in that hire. When we lost our biggest client due to an acquisition, BOTH of us cut our pay to make it through. She was unafraid to tell me the truth, willing to suffer with me, and give all she had to make sure our clients, and I, were supported. I can honestly say this company would never have survived if MaryAnn hadn’t joined it when she did. Fast forward after a few expensive learning moments, times when the cash got so tight I was surfing for change in the couch to make payroll, and growing our team to 10+ folks and here we are today. We have won international awards, been given genuinely amazing opportunities to participate in conversations at a federal level that deeply impacted the lives of Americans, and have done it all growing closer as a work family.
We have a team of amazing humans. Our entire company culture has been built on the same principles that brought MaryAnn into the fold: Always do what’s right for the client first, and be supportive and flexible with our team. All of us work different hours and in different locations according to what we need in our lives. Because in the end, our business is here to support and make lives better, both ours and those of our clients.
We’ve built lasting relationships with our clients, and they have given us the most amazing gifts in the form of referrals. We’ve never done extensive marketing. We’ve never had to push or buy leads. We’ve never even been in a place where we were worried about an empty pipeline. We’ve seen massive changes in our industry. We’ve had massive cuts in pay, changes in how we are regulated, shifts in every aspect of how we do business, and through it all our clients have stood by us and helped us grow. Our clients have become our friends. An extension of our work family that we care for like we would make our favorite aunt. We fight for them, cry with them, and celebrate when they have a new baby or get a new job. Serving our clients is an honor, and we are all so grateful that they allow us to be a part of their journeys.
We were supposed to be having a party for the Ark team. We were going to have lunch and then go axe throwing. With social distancing, we have had to postpone our celebration. But the opportunity look back and see where we have come since the last pandemic and economic crisis is one that shouldn’t be passed up. Things feel scary and uncertain. They did before too. What it tells me is while the moment feels bleak, the people are showing up for each other, just like they did in the recession.That even though we are all afraid, we are pushing through, and when we work together, we will come out together, better than before. I’m looking forward to seeing where the next 10 years will take us!
If you lose your job you need to act fast to get the insurance figured out.
There are multiple options for people who have recently lost insurance, but you only have 60 days to enroll through the federal exchange.
COBRA may not be the only option and you may even qualify for Medicaid.
Let us help you navigate the options.
If you’ve recently lost your health insurance (or are in danger of losing your insurance) due to a layoff or job loss, we can help.
Please give us a call or complete the form below and we’ll get back to you within 4 hours (Mon.-Fri. 9am-5pm) for a phone consultation.
There 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
To download the complete guide, click here.
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)
If you missed the Open Enrollment period and have had a “life” event, read on.
Did you know that certain life changes may qualify you to enroll in health insurance coverage outside of the standard enrollment period?
Did you or anyone in your household lose qualifying health coverage in the last 60 days? If so, you would qualify for the special enrollment period.
Here are some other examples of qualifying events:
- Birth of a child
- Gained or became a dependent
- Divorce or legal separation resulting in loss of health insurance
- Change in income
- Change in zip code/primary place of living
- Denied Medicaid or CHIP
- Gained citizenship in the United States
- Released from incarceration
If any of these apply to you or your family, please give us a call for a quote today!
Below is the table that the federal government uses to determine health insurance assistance.
If your income falls between 135% and 400% of the federal poverty level for your family size you may qualify for assistance with your premiums.
The University of Utah President Ruth Watkins, announced on November 4, 2019 the Hunstman family has pledged $150 million to establish a mental health institute at the University of Utah.
“Suicide is increasing as a cause of death,” said Michael Good, University of Utah senior vice president for health services, CEO of University of Utah Health, and Dean of the University of Utah School of Medicine. “There just aren’t enough mental health professionals. We need to do better. This generous gift from the Huntsman family will allow us to support enhanced training for mental health professionals. It will allow us to reimagine care teams and how to better deliver mental health services across our state and across our region.” (ksltv.com)
The grant agreement also states the university will work with the Huntsman family to raise additional funds to increase community awareness in regards to mental health issues and will also provide financial support to the University Neuropsychiatric Institute (UNI) and to support mental health screenings to the 32,000 students including in rural areas.
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: Where you live has a big effect on your premiums. Differences in competition, state and local rules and cost of living are the reasons why.
- Tobacco use: Insurers can charge tobacco users up to 50% more than those who don’t use tobacco.
- Individual vs. family enrollment: Insurers can charge more for a plan that also covers a spouse and/or dependents.
- Plan category: Bronze, Silver, Gold, Platinum, and Catastrophic. The categories are based on how you and the plan share costs. Bronze plans usually have lower monthly premiums and higher out-of-pocket costs when you get care. Platinum plans usually have the highest premiums and lowest out-of-pocket costs.
In addition, insurance companies may offer more benefits, which could also affect costs. Furthermore, insurance companies can not charge women and men different prices for the same plan, nor can they take your current medical history or health into account when otherwise known as pre-existing conditions.