INDIVIDUAL HEALTH INSURANCE
ACA Qualified Health Coverage, Obamacare, Market Place Plans (AGE 0-64)
Stay on top of the ever-changing market of healthcare. With the Affordable Care Act, knowledge is the key. To know what the qualifications are coupled with what your responsibility is, can save you thousands of dollars come tax time. Trust me, if you make false claims on the insurance application with regards to your income, it will catch up with you when your tax bill arrives!
Medicare Plans (AGE 65+)
Whether you’re already 65 or going to be turning 65 years of age, we got your back! During your initial enrollment period for Medicare, you can enroll in Original Medicare, a Medicare supplement with a Prescription Drug Plan or a Medicare advantage plan, three months before you turn 65, the month of your birthday, and the three months after your birthday. In addition, if your birthday should fall on the 1st day of the month, then your coverage starts one month early on the 1st of that month.
Temporary Health Coverage
Lost your coverage? Self-employed? Between jobs or need short-term medical coverage, you have many options. This type of health plan can be written any time of the year and has start dates of the 1st, 8th,15th and 23rd of each month. And with our NEW partnership with Sanitas Medical Center you are offered unlimited Primary care visits with a $0 copay!
GROUP HEALTH INSURANCE
As I am sure you are aware, there are many aspects to consider when it comes to running a business. One area of interest maybe in providing health insurance benefits to your employees. This is a good idea to do this for a variety of reasons:
- Attracting quality employees
- Creating a sense of financial security for the employee
- Maintaining good employees; not losing them to competitors
- Reducing the high cost of employee turnover
- Providing excellent coverage for their families
- Reducing downtime due to injury or sicknesses
- Building and maintaining a high level of morale in your business community
If you have employees working for you, either 1099 or W2’s, and they are financially successful, that is awesome! If you are not providing them with health benefits and they are paying the high cost of individual health insurance on their own, they are getting killed! Depending on their income bracket, they could be getting a subsidy which may be better for them. I can run an analysis which would indicate if it is better to apply for a subsidy or not.
A few key points when you have group insurance.
- The company must pay for at least ½ of the cost of the health insurance premiums
- In many cases the cost of the group insurance is less expensive with better coverage
- We must have a least 4 enrolled employees to have the plan
- The amount the business pays for the premium is a tax deduction for the business
- People with valid waivers do not count against your participation levels
- Employees on “Obamacare” would not qualify for the subsidy any longer