COVID-19 & Health Insurance
The health insurance industry has been responding as fast as they can to the treatment of COVID-19. This started as a health crisis and has now turned into a financial crisis. The health insurance industry has made multiple changes concerning COVID-19. Testing With most health insurance companies, there is not member cost for being tested […]
Coronavirus & Health Insurance
1st what is the coronavirus? Coronavirus is a type of virus that causes a respiratory infection in the lungs and airways. It is part of the same family as the virus, which includes the common cold. 2nd What are the symptoms? Symptoms include fever, cough, and shortness of breath, which can be mild to severe—appearing […]
Executive Order to Reveal Health Care Pricing
On 6/24/19, the President of the United States issues an executive order requiring Hospitals and Insurance companies to reveal what they are charging or paying for services. The idea is to make health care cost transparent, which then would lead to consumerism and then medical providers reducing costs to attract more patients. Primarily pressuring the […]
Indiana Recovers Medicaid Tax Under the ACA
Indiana was one of six states to file a lawsuit against the Affordable Care Act’s health insurance provider fee (HIPF) for State Medicaid plans. The U.S. District Judge ruled in favor of the plaintiffs, Texas, Indiana, Kansas, Louisiana, Wisconsin & Nebraska’s that the government must pay back $840 Million in Obamacare fees. What is the […]
Trump Admin. Releases Final Rule on Short-Term Health Insurance
Short Term Health Insurance Final Rule 36 months of coverage Short-term health insurance is a policy that is very similar to pre-affordable care act coverage. The plan does not cover preexisting conditions and requires underwriting. If your accepted, the cost is 50%-60% less than an ACA product. These plans are also using traditional PPO networks, […]
Tony Nefouse’s Complete Guide to Group Insurance
Many companies will turn to the internet to search for insurance benefits. Since 1998, we have been helping these businesses obtain group benefits. In the beginning of the internet, very few people would go to the world wide web for insurance information. Today that has all changed, business owners want information at their fingertips. We […]
As We Approach 2018, How is Health Insurance of Indiana Looking?
Group Health Insurance Indiana We quickly approach Jan 1st, 2018, the state of health insurance in Indiana is nowhere near close to being stable. Individual Health Insurance The Affordable Care Act has failed every Hoosier that pays for or towards a health insurance policy. One segment of the population has benefited from the ACA, and […]
Indiana Group Health Insurance Under ACA
It would be wishful to say that group health insurance under the ACA has stabilized. Comparing it to the Individual market under the ACA, the group is calm. For companies with less than 50 full time employees, or the equivalent under 50, fully insured products are guaranteed issue. This mean there is no underwriting. When employees complete […]
Current State of Individual Health Insurance in Indiana 2016
After attending multiple broker advisory meetings, on the individual and small group markets we now have view of the health insurance markets. Individual health insurance on and off the exchange: This market is completely unstable! The insurance companies have had a difficult time adjusting to the new rules, regulations and managing the risk. The first […]
Tax Credit and Filings
The first tax season is behind us and no one knew what was going to happen with tax credits. The Federal Marketplace compared what was reported on the tax credit application and what the individual filed on their tax returns. It was estimated that 45% of the people that purchased health insurance with tax credits, […]