Florida Health Insurance Advisors
Level Funded Health Plans
Level funded health plans are partially self funded plans where the monthly premiums are used to pay claims. If the claims exceed the premium, the insurance will kick in and pay the rest of the claims. These plans work just like fully insured plans but they can save a business up to 35% . And, at the end of the year if there are premium dollars left in the account, half of the leftover amount is refunded to the business in the form of a credit. although these plans do not work for every group, it is worth exploring as [...]
How to Calculate How Much Term Life Insurance You Really Need
When it comes to securing your family’s financial future, choosing the right amount of term life insurance is one of the most important decisions you'll make. Too little coverage might leave your loved ones in a vulnerable financial position, while too much coverage could mean paying for more than you need. So, how do you calculate the appropriate amount of term life insurance to protect your family? In this post, we'll break down key factors to consider when determining how much term life insurance is right for you, helping you make an informed decision that aligns with your budget and [...]
Obamacare Open Enrollment
The annual open enrollment for Obamacare has begun and will end on Jan. 15th. During this time, any legal U.S. resident can sign up for a new health insurance plan with no questions asked and may receive tax credits to help pay the monthly premium. because of recent changes in the law, almost all individuals or families will receive the credits.
Medicare Open Enrollment
The annual open enrollment for Medicare began on Dec. 15th and will end on Dec. 7th. During this time anyone on Medicare can enroll in a Medicare insurance plan or make changes to their current plan. Medicare plan have zero or very low premiums and have very strong benefits.
Florida Expands Access To Kid Care
Florida Kid Care is state sponsored health insurance plan for children under the age of nineteen. The cost is based on family income and caps out at $60,000. Florida has now raised the ceiling on family income so that a family of four with a gross income of $90,000 per year can still qualify for help in paying the premium. Please feel free to reach out to us for more information.
Medicare Annual Open Enrollment
The Medicare annual open enrollment has begun and will end on Dec 7th. During this time anyone on Medicare can enroll in a Medicare insurance plan or make changes to their current plan.
Health Insurance
The annual open enrollment for individual health insurance will end on Jan. 15th. After that time only those who have a qualifying event in order to obtain health insurance.
Obamacare
The federal marketplace has been updated to reflect the increased subsidies provided by the American Recovery Act. If you currently have an Obamacare plan, you must update your information on healthcare.gov in order to receive the higher subsidies.
Health Insurance Open Enrollment
The Centers For Medicare Services has announced that they are extending the health insurance open enrollment to Aug. 15th. Also, the tax subsidies available to those who purchase health insurance form Healthcare.gov. have been increased.