April 16, 2013
AgencyIMPORTANT HEALTH CARE INFO
Under the Federal Government enacted Patient Protection and Affordable Care Act (PPACA), effective January 1, 2014 we will be operating under a new health care system. With a few exceptions, everyone will be required to show proof of health insurance or pay a tax penalty. Having a pre-existing condition will no longer matter. Insurance companies […]
April 18, 2013
AgencyCalifornia Health Insurance Exchange, Covered California, Will Open In October 2013 As Part Of ACA
California Health Insurance Exchange, Covered California, will open in October 2013. This as part of the ACA – Affordable Care Act – also known as “Obama Care”. The act has been hit by controversy, but it is being implemented and you need to know what it means for you. “Through Covered California, low-income individuals and […]
May 20, 2013
AgencyHealth Care Reform – What We Know So Far Effective 2014
Health Care Reform – What We Know So Far Effective 2014: With a few exceptions, all United States residents are required to have health insurance in 2014 or pay a tax penalty in 2015, in the amount of $95.00 or 1% of their income whichever is greater. This penalty will increase each year. There are […]
June 4, 2013
AgencyIMPORTANT Pre-Existing Condition Insurance Plan (PCIP) Transition Information
IMPORTANT Pre-Existing Condition Insurance Plan (PCIP) Transition Information Watch your regular US Mail this month for very important information about your PCIP health insurance policy that will cease on 07/01/13. Due to a lack of program funding, effective 07/01/13 California will no longer operate the existing California state PCIP program. You will need […]
June 14, 2013
AgencyFinal Pre-Existing Condition Insurance Plan (PCIP) Transition Information
Final Pre-Existing Condition Insurance Plan (PCIP) Transition Information Most of you who currently have a CA PCIP policy have already received an enrollment letter from the National Finance Center that includes instructions on how to enroll into the new Federal PCIP program effective July 1, 2013. From what we understand, letters are still being generated […]
June 19, 2013
AgencyAetna Discontinues Individual and Family plans in California
Aetna Discontinues Individual and Family plans in California Aetna announced that effective July 1, 2013, they will no longer offer Aetna Advantage Plans in California for Individuals, Families, and the Self-Employed. They will still offer coverage to Small and Large Group Employers. They will also still offer coverage to Medicare Beneficiaries, as well as dental […]
June 19, 2013
AgencyFour Metal Levels of Health Insurance Coverage – Platinum, Gold, Silver and Bronze
The 4 Metals of Coverage offered by 13 Health Plans As early as October of this year, we will all be investigating our health insurance options for 2014 when health insurance becomes mandatory. We will be selecting benefits offered by one of the following 13 health plans providing coverage in 19 regions in California: […]
June 20, 2013
AgencyWill You Qualify for a Health Care Subsidy in 2014?
First you will need to determine what your Modified Adjusted Gross Income (MAGI) is. In order to do this, you will need to consult your prior year tax return. If you did not file a prior year tax return you will not be eligible for a subsidy. To determine your Modified Adjusted Gross Income, locate […]
July 15, 2013
AgencyHow Will Your Health Insurance Rates Be Determined in 2014?
First it’s important to know that under the Affordable Care Act, Insurers must charge the sick and healthy people the same premium. Here are some other rating factors outlined for California effective January 1, 2014: Age – limited to a 3:1 ratio. This means that a rate for a 64 year old cannot be more than […]
August 9, 2013
AgencyWhen to Begin Shopping for Health Insurance for 2014
As a soon to be Certified Insurance Agency through the Health Insurance Marketplace called Covered California, we plan to begin offering health insurance plans inside and outside of the health insurance exchange for individuals and businesses as early as October 1, 2013 for coverage that will begin January 1, 2014. It is estimated that the […]