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
State Regulators Take-Over NJ COOP – ONLY 2 OPTIONS REMAIN IN NJ MARKETPLACE
Regulators in New Jersey will take over Health Republic Insurance of New Jersey due to its “hazardous financial condition,” leaving the state with only two of their original seven marketplace insurers. More than 35,000 consumers will have to look for new coverage next year. New Jersey suffered a blow late last year when Oscar Health… Read More
An Opportunity to Expand Your Business
AMAC Broker Services, the only agency aligned with the Association of Mature American Citizens (AMAC) needs agents to offer Medicare products to AMAC’s over 1 million senior members. Within the next 10 years, AMAC expects to grow to 10 million members. This is an exciting opportunity for agents who want to grow their senior book… Read More
Aetna Pulls 2017 Exchange Expansion Plans
One of Obamacare’s biggest insurer supporters is reversing its exchange expansion plans after announcing significant loss projections in plans sold through the exchanges. Aetna CEO, Mark Bertolini, announced that the company would pull all their 2017 exchange expansion plans and reevaluate future participation in the exchanges. Aetna currently offers products in 15 states. Aetna’s announcement… Read More