Here are all the articles I wrote during August, 2015. I hope they're useful to you.

August 27th, 2015

The Insurance Mom’s Handy Cheat Sheet!

Are you confused and frustrated by your health insurance?  Having health insurance can be like eating your broccoli … necessary but not fun.

But now, you can understand more about how to make your insurance money work for you!  Here it is … your one stop guide to health insurance cheat sheet:

The Insurance Mom Cheat Sheet

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August 17th, 2015

Big changes are coming for small business owners….

CALLING ALL SMALL BUSINESS OWNERS!!!

Are you aware of the big health insurance changes coming in 2016??  The Affordable Care Act (aka ObamaCare) will create a tsunami that may really change your health insurance benefits.

Small Groups used to be classified as 2-50 employees.  In 2016, it will change to 1-100 employees.

This major shift will be hardest on companies in the awkward midsize range — 50-100 employees.  Here’s why . . .

Before 2016, these groups with over 50 employees qualified for rates based on age bands (e.g., 30-39), not the employees’ actual ages — this is called Community Rating — which saved the employer AND employees some money.

BUT in 2016 these 50-100 employers will be REQUIRED to have Composite Rating just like smaller employers.  Composite rates are based on the employee’s actual age rather than age bands.  The employee’s family members’ rates will also be based on their individual ages.

Composite Rating will cost more for the employer and employees.    Groups of 50-100 employees may struggle with the new age-based system required by the ACA.

Not only do you have other uncertainties besides insurance to worry about when you’re growing your business, but enrollments are really a headache!   That’s why it’s good to have a trusted broker help you with your policy [ahem!!].

Aside from that, you need a good advocate to PLAN PLAN PLAN to get ready for some serious rate changes in 2016!    If you do plan, you’ll grow up big and strong and healthy!  The Insurance Mom is by your side to help you through your growth spurt.

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August 13th, 2015

You Can’t Take it With You — Life Insurance That Is!

Got life insurance at work?   Great!

Leaving the job for something bigger and better?  Congrats!

Retiring from the daily grind?   Have fun!

But… heads-up!   You can’t take your cheap, affordable term life insurance with you.   I bet you didn’t know that, right?    You can only keep your cheap, affordable term life insurance if you change it to the more expensive permanent sort of life insurance (aka “whole life”).

What, Insurance Mom?   Tell me what to do!!   Take a deep breath and give The Insurance Mom a call.   Let’s chat about what type of life insurance you should have, and how much life insurance you really need.   We want your family to have choices, not expenses, right?   Right!!

The Insurance Mom’s got you covered… phew!…

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August 7th, 2015

The DOL says Insurance companies are SOL denying certain lady stuff!

On May 11th, The Department of Labor issued a statement clarifying the terms the Affordable Care Act outlined in regards to preventative services covered AND lady visit stuff.  It made sure that these terms are no longer ambiguous.  THAT means insurance companies can’t jump around covering a few things they were denying before this statement was released.  We did a little announcement a few blogs ago, but I also wanted to share this link as it was helpful to a few clients who were confused about BRCA testing and Contraception.  Click to find out more:

http://ubabenefits.hs-sites.com/blog/preventive-service-requirement-faq

 

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