California Health Exchange Lags on Verifying

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California Health Exchange Lags on Verifying | JT Insurance ServicesReports this week claim that the California health exchange marketplace failed to verify important personal data during the application period. This process is critical in determining whether or not people applying are eligible for subsidies, and failing to resolve discrepancies during the process may have provided healthcare to some Americans who may not be legally entitled to obtain government subsidies.

Click here to read the full article by Judy Lin for the Associated Press, featured on the Sacramento Bee.

Affordable Medical Insurance is Attainable With the New Tax Credit

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Affordable Medical Insurance is Attainable With the New Tax Credit | JT Insurance ServicesNow that health insurance is mandatory, you may be worried about not being able to afford it. However, new tax credits now make it possible to find affordable medical insurance. The government acknowledges that not everyone can afford the premiums that private health insurers are offering, so it is making it easier for everyone to gain access to insurance policies. Depending on your income level, you may receive a credit to help lower your monthly premiums only, or to lower both your premiums and your out-of-pocket costs.

If you do not have insurance yet, or if you are not happy with your current policy, you can get assistance finding a plan by using an insurance professional. There are many different options in terms of insurance companies, specific plans, deductible amounts, and individual co-pays. To help avoid confusion and make sure that you are getting the best plan for you and your family, a professional can help guide you through all of the different policy options.

If finding affordable medical insurance is a priority for you, keep in mind that there are government resources that you can tap into. To help you save money on insurance premiums, there is a tax credit available. According to the government’s healthcare marketplace, a family of two that makes $62,000 or less a year may qualify for a credit. If a family of two makes $38,775 or less, not only will they receive help with premiums, but their out-of-pocket expenses will be lower as well.

Having health insurance is important. Not only is it imperative to have access to the medical care that you need, insurance also protects your other assets. If you do not make a lot of money, or if there are other extenuating circumstances, it is still possible to find affordable medical insurance. Speak with an insurance professional and find out what resources are available to you, and what other things you can do to help lower your costs.

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You can find me on Twitter via @Obamacare_Guru
Come and visit our blog at http://healthplansforyou.com/blog/

Growing Number of Americans Purchase Accident Insurance

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Growing Number of Americans Purchase Accident Insurance | JT Insurance ServicesYear over year, accident insurance sales are growing, and it doesn’t look like this growth is going to stop any time soon. With accident coverage being among the top three voluntary products that employers request, voluntary accident insurance guarantee coverage for a very affordable price, typically.

Click here to read the full article by Ingrid Case for Benefits Pro.

Should You Purchase Travel Insurance?

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Should You Purchase Travel Insurance? | JT Insurance ServicesWith the summer in full swing, many individuals may be preparing for vacations and wondering whether or not they might need to purchase any type of travel insurance. Medical travel insurance is a good idea to ensure that any and all unexpected medical necessities are taken care of to safeguard your health while on vacation. However, be sure to check your insurance plan first, in case it already covers overseas medical emergencies.

Click here to read the full article by Lindsay Gellman for Wall Street Journal.

Understanding the ACA and How It Affects Your Family Health Insurance

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Understanding the ACA and How It Affects Your Family Health Insurance | JT Insurance ServicesTaking care of your family is one of the most important obligations you will have in life. When it comes to healthcare, you do not want a plan that just covers yourself; you want a plan that covers all of your family members in case of sickness or illness. There are some important considerations to be aware of when shopping for family health insurance in order to ensure that your family gets the best coverage available in light of your specific needs.

There are a lot of plans out there, and you will want to make sure that you review all of the options when it comes to medical, dental, and vision plans. The Affordable Care Act (ACA) went into effect in 2010, and consumers were able to begin comparing insurance options starting on October 1st, 2013. It is important to be aware of the changes that this law has made the healthcare insurance industry and how those changes will affect your family. One thing to be aware of is that your children can now remain covered by your family health insurance plan until they reach the age of 26. Additionally, your children under 19 years of age can no longer be denied coverage because of pre-existing conditions.

There are a lot of options available in the healthcare market. As a result, many of the available plans are flexible and allow you to tailor your insurance plan accordingly. For instance, if you or any of your family members have special needs, you will want a family plan that covers those individuals. Depending on the provider, you may be able to place different family members on different individual plans based on their special needs. Additionally, under the ACA, you can now choose a pediatrician as the primary care doctor for your child. If you already have a pediatrician for your child, you will want to make sure that they participate in the healthcare plans you are interested in.

If you make too much money to qualify for Medicaid, but not enough to afford private health insurance, there are still options available for your family. Look into the Children’s Healthcare Insurance Program (CHIP). CHIP is administered by the United States Department of Health and Human Services and provides free or low-cost health insurance for your children, if you qualify.

You can research available health plans through the online marketplace today. Be sure to budget your financial obligations accordingly and choose a family health insurance plan that offers the most benefits for your budget. Family is important, and so is the health of your spouse and children. It is easier than ever to shop online for healthcare now, be sure to make the most of the options available.

If you are reading this on any other blog than JT Insurance Services or via my RSS Feed, it is stolen content without credit.
You can find me on Twitter via @Obamacare_Guru
Come and visit our blog at http://healthplansforyou.com/blog/

Understanding Affordable Health Insurance Plans

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Understanding Affordable Health Insurance Plans | JT Insurance ServicesWhen it comes to your affordable health insurance plan, it can seem somewhat daunting to understand each aspect of the plan and how your coverage will work in various settings. The Affordable Care Act has required that each newly issued health insurance plan cover 10 essential benefits, but this does not mean that having insurance will help you pay for every medical procedure you may choose to have. Be sure to read up on your rights, your insurance plan, and how your plan affects your options and prescription coverage.

Click here to read the full article by Donna Fuscaldo for Fox News.

Types of Insurance For Your College Student

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Types of Insurance For Your College Student | JT Insurance ServicesWhen your child goes away to college, there are important types of insurance to take into consideration to keep him or her safe and prepared for any incident. Health insurance, auto insurance, and even renter’s insurance may be good ideas to help your college student adjust to living away from home with new expenses and experiences.

Click here to read the full article by Kimberly Lankford for Kiplinger.

Finding the Right Over 65 Insurance to Protect Your Future

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Finding the Right Over 65 Insurance to Protect Your Future | JT Insurance ServicesIf you have reached or are approaching 65 years of age, you probably frequently consider your future.  You may need to alter your health insurance program to ensure that you have the proper amount of coverage at a reasonable cost. When you are looking into purchasing over 65 insurance, it is important to consider which plan would be best for your needs.

Understanding the coverage details of possible plans will allow you to make a more informed decision. Hospital and medical bills can be incredibly expensive, but an insurance plan can prevent these costs from drastically affecting your life. With recent healthcare reforms, insurance coverage has become broader. Therefore, most plans must cover certain basic services such as emergency services, mental health services, laboratory tests, and management of chronic conditions. Over 65 insurance plans can also be customized to cover additional services. That being said, most insurance companies offer various levels of coverage from which to choose.

Additionally, the amount of money you could have to pay out-of-pocket varies between plans. When receiving medical care, you will likely have to pay some portion of the expenses. A deductible is the amount of money you have to pay in a certain period of time before your insurance company begins covering costs. For example, if your annual deductible is 1500 dollars, the insurance company will pay for your expenses after you have paid 1500 dollars out-of-pocket. A co-pay is a set amount your plan requires you to pay for specific services. For example, your plan may have a fifty dollar co-pay for emergency room visits.

Individuals over 65 years of age can find plans tailored to their needs. Private insurance companies offer many different options for over 65 insurance. Finding an affordable insurance plan that is compatible to your lifestyle, health, and financial situation can make your future more secure. Ensuring that you are prepared for any medical situation that could arise will allow you to live more fully.

If you are reading this on any other blog than JT Insurance Services or via my RSS Feed, it is stolen content without credit.
You can find me on Twitter via @Obamacare_Guru
Come and visit our blog at http://healthplansforyou.com/blog/

Types of Health Insurance for Every Age

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Types of Health Insurance for Every Age | JT Insurance ServicesWhile different types of health insurance and other types of insurance are always important, certain types may seem more important at different stages of your life. The absolute basics of health and auto insurance should be established as early as possible, while individuals in their 30s often invest in life insurance, and in their 40s in long-term care insurance.

Click here to read the full article by Libby Kane for Business Insider.

Should You Invest in Accident Insurance?

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Should You Invest in Accident Insurance? | JT Insurance ServicesIf you were to find yourself suddenly ill or in an accident that prevented you from working, ensuring the wellbeing of yourself and your family would be incredibly important. To prepare for the unexpected, investing in accident insurance may be a good step to take. Generally, policies are priced “according to your age, general health and the amount you want to receive if you have to make a claim.”

Click here to read the full article by Kara Gammell for the Guardian.