Category - Uncategorized


What’s the penalty if I don’t have coverage?

2014 is the first year that there could be a penalty for individuals that didn’t have coverage for 3 consecutive months or more during the year.  While 2014 is already behind us, it’s important to understand the penalty as you prepare to file your taxes.  In addition, open enrollment for 2015 coverage extends until February …


HMO, PPO, EPO – ???

There are a lot of abbreviations out there for health insurance.  A lot of them!  It’s really important to understand the coverage that you’re purchasing, which is why using an agent is a good idea.  Here are a couple common abbreviations that it might be helpful to familiarize yourself with prior to your appointment. HMO …


I Opened My HSA – What Are Qualified Expenses?

Congratulations!  You have an HSA.  Check out our blog here if you have questions about the deductible. With an HSA, it’s important to make sure that you only use the account for ‘qualified medical expenses.’  Otherwise, you may be subject to a penalty for improper withdrawal.  As always, we recommend that you talk with your tax …


How to choose the way you enroll – business or individual

The Affordable Care Act has impacted how individuals and small businesses buy health insurance coverage.  One of the provisions of the law created online marketplaces through which insurance can be purchased.  Pennsylvania opted not to create a state marketplace and therefore uses the Federally Facilitated Marketplace, The plans that are offered on the exchange …


What are the Essential Health Benefits?

Every health insurance plan has to provide coverage for the Essential Health Benefits.  Not every health insurance plan has to provide the same level of coverage for the Essential Health Benefits (EHB).  We believe that it’s helpful to understand what  the EHB are – it level sets across policies when you’re making a comparison. Essential …


Employers and Individual Coverage

Can an employer pay for individual policies for their employees?  Many small to mid size companies have asked this question.  Depending on the size of the company or the participation in the plan, individual policies may make more sense than a traditional group plan. Employers may not pay the premium for individual coverage.  The Dept. …


Open Enrollment Checklist – Individual/Family Coverage

Open Enrollment starts November 15, 2014 with applications due by 12/15/14 for 1/1/15 coverage start date. The process is pretty simple.  Like anything else, it helps to have the right information when you start.  We suggest that you bring the following to your appointment to apply for coverage. Address for everyone applying for coverage Social …


Family Deductibles Made Simpler

You have decided to pick the same plan for your entire family – either directly with the insurance company, through your work, or through the Federally Facilitated Marketplace.  That’s probably a wise decision, but now you’re confronted with the question: ‘How does the family deductible work?’ That’s a very good question, and the short answer is …


Help me understand what this means…A Brief Look at Health Insurance Terms

Health Insurance can be complicated.  We make it simple to get along with. Part of that simplicity needs to be developing a solid understanding of the terminology within the health insurance policy.  Here are a couple common terms that it is helpful to understand when evaluating your insurance options.  Our agents will always discuss any questions, …


Special Enrollment Period – Individuals

Your current coverage may be ending – the policy year may be at a close or you may have lost coverage through your employer are two examples.  This is not the end of the world, but rather an opportunity to consider other options.  The Affordable Care Act, ACA, allows for individuals that lose coverage through …

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