Obamacare Rate Hikes Confirmed by Obama Administration
The Obama administration has confirmed that 2017 will bring double-digit rate hikes to the controversial Obamacare healthcare program to the tune of an average of 25% for most of the 39 states in the federal online market. According to the Department of Health and Human Services, there are many states that will see an even… Read More
AMAC Broker Services Rolls out FREE LEADS PROGRAM!
AMAC Broker Services is proud to offer our contracted agents qualified leads from seniors looking for information on Medicare products. We are the only FMO aligned with the Association for Mature American Citizens, the nation’s second largest senior organization, and their members need YOUR help! Follow these 4 steps to begin receiving your FREE… Read More
ABS is Now Contracting with:
Everest Insurance ABS is now contracting agents with for Medicare Supplements in the following states: Arizona, Iowa, Kentucky, Louisiana, North Carolina, Pennsylvania, South Carolina, and Texas. (Coming soon….. Georgia, Illinois, Indiana, Ohio, Missouri) Cigna Health and Life Insurance Company ABS is now contracting agents for Cigna’s NEW Medicare Supplement in the following states: Georgia, Illinois,… Read More
What You Need to Know About the “Protection from Obamacare Monopolies Act”
Republicans have introduced the “Protection from Obamacare Monopolies Act,” a bill that would exempt people residing in counties with fewer than 2 health insurance insurers offering plans on the Exchange from being assessed a penalty for not having qualified coverage. The penalty is currently $695 per person, or 2.5% of the household income – whichever… Read More
Industry Breaking News
Aetna Alleges Delays and Misconduct in Antitrust Case Aetna accused the Department of Justice of delaying access to information held by the Centers for Medicare and Medicaid Services (CMS) they claim is central to their antitrust case in which the government is attempting to halt Aetna’s merger with Humana. The suit alleges that the deal… Read More
3 Things to Know about the CREATES Act of 2016
Senator Patrick Leahy, a Democrat from Vermont sponsored the CREATES Act of 2016 (Creating and Restoring Equal Access to Equivalent Samples Act). It was referred to Committee on June 14, 2016, and has received bipartisan support. Supporters of the bill say it will promote market competition by allowing access to drug samples for use in… Read More
Important ACA Subsidy and Marketplace Open Enrollment Notice Information for your Clients
What your clients need to know about their subsidies: Those clients who received subsidies in 2016 but did not file a 2015 federal tax return with Form 8962 to reconcile their Advanced Premium Tax Credit (APTC) will be placed into a federal tax return (FTR) group. Placement into this group may result in the loss… Read More
2017 Humana Plan Sales Presentations
The 2017 Humana Sales Presentations are now available. To access, Click the following link: http://media.humana.com/Medicare2017/ NOTE: Please Right-click on any link and choose “Save Target As” or “Save Link As” to download the video to your local PC. You have to right click and save them or they will not play. You will have a… Read More
The Woes of State-Based Exchanges
What do Hawaii, Nevada, New Mexico, and Oregon have in common? They each established their own, state-based Obamacare exchanges – and they all failed. Kentucky will join the ranks after announcing that they will close down their state exchange by the end of 2017. In a recent report entitled Implementing Obamacare: A Review of CMS’… Read More
Health Insurance 2017: Open Enrollment – What Your Clients Need to Know
Many clients are enrolled in employer group health policies. Information about those plans will be sent to the employee directly from their employer. However, if your client buys health insurance on their own, they have several options for purchasing coverage: Directly from an insurance company selling health coverage From their state’s health insurance exchange (visit… Read More