Obamacare Doesn’t Cover Everything...

  What’s not covered by Medicare Plans, Part A & Part B. Even if Medicare covers a service or item, there are two aspects of coverage that are the financial responsibility of the insured individual.                                                                                                                                                                                                                                     1. your coinsurance — the amount you may be required to pay as your share of the cost for services after you pay any...

Confusing ObamaCares’, Medicare Su...

Beneficiaries who are new to Medicare can find it to be very confusing, and are asking insurance agents about “Other Medicare Plans” on a daily basis. Most beneficiaries asking the questions are confusing Medicare Supplement (aka Medigap), and the Medicare Advantage Plan, calling their current plan a Medicare Supplement Plan when they are actually enrolled into a Medicare Advantage Plan. Medicare Supplement is NOT a Medicare Advantage Plan, and it is very important to know that the two plans work in very different ways. October 15 through December 7, is the...

Insurance Company Or Independent Broker;...

Does shopping for ObamaCare leave you feeling a bit confused? Do not be afraid to ask for help from an insurance broker. Brokers, by law, can not tack on a commission to the ACA policy price, so you will pay the same premium whether you buy from a company or through an indepedent broker. A broker can explain the various plans and assist you in selecting the one that best suits your lifestyle. Be sure to choose a broker who works independently with a variety of companies rather than a broker that is associated with a specific insurer; you will have more ACA Plan choices...

ObamaCare Enrollment Falling Short Of Pr...

ObamaCare isn’t meeting enrollment expectations because, except for low income earners who receive the largest subsidies and lowest deductibles, the insurance plans that Obamacare is requiring people to buy are unattractive.  Unless they have pre-existing conditions, the value simply isn’t there for middle-class Americans.The seven million enrollee shortfall that Obamacare is experiencing is a direct result of trying to force people to buy health insurance, but offering prices and deductibles, that are too costly.  Even with the increasing ObamaCare tax penalties, it’s...

Open Enrollment Obamacare, (ACA), 2016

The open enrollment window dates for the Affordable Care Act of 2016, are November 1, 2015 – January 31, 2016, and are effective whether you purchase from an Obamacare (ACA) insurance exchange or from an insurance company. You will need a “qualifying event” to enroll outside of the open enrollment period.  Qualifying events are: marriage, birth or adoption, becoming a United States citizen, losing other health coverage due to involuntary circumstances, or, relocating permanently to an area where new Obamacare health plans are available.  The only exception to...