Category News

There have been some huge jumps in technology when it comes to shopping for healthcare procedures. The large insurance companies have developed price shopping tools that resemble a menu. The ability to price shop an MRI on your lower joint within 20 miles from your zip code can make the difference of thousands of dollars. It’s truly amazing to see the price difference of the same procedure at different facilities. The interesting thing is the different locations are using the same equipment and processes. How can a hospital charge $1,800 more for an MRI than the clinic down the street?

This is why it is very important for people to starting looking at the cost of procedures.

Along with these price shopping tools there has been the development of “quality of care reports”. This is a very unique tool that can be informative for your future surgery. These reports contain information ranging from the percentage of complications, to the bed side manner of the attending physician. There are even reports on how clean the bathrooms are kept.  This type of reporting is extremely useful in deciding where you want to have a surgery.

These national health insurance companies put a lot of time and money into developing these tools and that is why it’s important you talk to us about where and how to access them.  Give me, Tony Nefouse, a call at (800) 846-8615 today.

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SCHIP Expansion up to 250% Income Guidelines / Premiums

This is an interesting program that very few people are aware of. If your house hold income is below 250% of the federal poverty level then you may be eligible to put your children on this health plan.

Currently in Indiana the SCHIP program is being admin through Hoosier Health wise. So for a family of 4 to be eligible the house hold income cannot exceed the 250% of the federal poverty level ($53,000).

So if you are a business owner, controller, or a citizen of Indiana you should know about this program.

Being a business owner or controller it’s important to be able to advise newly hired employees and existing employee that they might be eligible to put their kids on this program.  Currently most group health plans could cost an employee or company much more than what it would cost on SCHIP. On SCHIP two children could cost up to $70 a month in premium. In the private sector those same kids could cost anywhere from $120 and up depending on the group and plan design.

This program could help out a lot of Hoosier families.

Now here are is one of the big obstacles of the plan. The child must be uninsured for 3 months before they are eligible.  This is a huge obstacle.

From an employer standpoint they should inform any new hires with children about this option.  With the current economic conditions we are seeing a lot of families that are going uninsured do to cost. So they might qualify for SCHIP which will reduce what they are spending on premiums.

This October 2009 we might see an increase from 250% to 300% of the federal poverty level to qualify.

This program has very little advertising to it.

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While President Barack Obama continues to shape and mold his healthcare reform policies, said to be the most controversial in decades, it is not met without resistance from both sides of the isle. Obama’s plan would attempt to make health care universal while still allowing the use of private healthcare services. Read the full article at Reuters.
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