Short Term Health Insurance

Predicting Future Health Insurance Trends

Last month’s election results will undoubtedly bring new opportunities to the individual health space. Voter turnout was at a record high which shows consumers are very engaged. Thirty-six percent of eligible voters voted in the 2014 mid-term election and 113 million voted in this mid-term election, that’s nearly 50% of all eligible voters. Health care was the […] Read more

Improved Diagnosis for the 2019 Health Insurance Market

For many Americans, the news that 2019 may be a year of health insurance market stabilization comes as welcome relief. In contrast to the tumult of the past several years with skyrocketing premium increases, mandatory tax penalties for not purchasing Affordable Care Act (ACA)-compliant health insurance, tightened restrictions on non-ACA compliant insurance products, and a […] Read more

The Penalty for Not Having Health Insurance Ends October 2 (Not for Everyone – Just Most People)

Officially, the Obama-era penalty for not having health insurance ends on December 31, 2018. The penalty is 2.5% of your household taxable income. For someone with $100,000 of taxable income, that would equal $2,500. But under the Affordable Care Act, an individual can go three months without having coverage and not pay the penalty. That […] Read more

Health Care Coverage Advantages: Obamacare vs Non-Obamacare Plans

More than one million Americans have already dropped the Obamacare plan that they purchased in 2018, according to a new study by the Centers for Medicare and Medicaid (CMS). Although nearly 12 million people signed up for a plan on the marketplace exchange, only 10.6 million actually paid their first premium payment and had an […] Read more

Q&A About Short Term Medical Insurance Plans

In late 2018 Trump administration announced it had rolled-back an Obamacare-era rule that limited short term health insurance plans. In the coming months, short term medical (STM) plan coverage can be extended to 364 days and depending on individual state rules and the insurance company, extended up to 36 months in total. We spent time with […] Read more

Health Insurance Solutions for 60+ Year Olds Not Ready For Medicare

If you’re 60+ or approaching that age bracket, you probably already know that health insurance gets a lot more expensive as you get older (if it’s any consolation, that won’t be the case anymore once you turn 65 and go on Medicare, since regular Medicare rates aren’t based on your age). Under the Affordable Care […] Read more

New Health Insurance Exemptions May Help You Opt Out of Exchange Coverage

When the Affordable Care Act (ACA) legislation was enacted in 2010, one of its goals was to make affordable health insurance available to more Americans. A key, but controversial, piece of the legislation was the individual mandate clause, which required virtually everyone in the country to have ACA-compliant health insurance, or else be liable to […] Read more

Growing Trend: Short Term Health Insurance

Every year health insurance costs increase, and many times insurance plan deductibles also rise at the same time, hitting consumers with a financial double-whammy on their annual health care expenses. But a growing trend in the health insurance space that is saving consumers thousands when purchasing their own health insurance is short term health insurance. […] Read more

Debunking Myths About Short Term Health Insurance

Last week the Trump administration announced it was proposing rolling back an Obamacare rule, allowing short term health insurance plans, also known as temporary plans, to extend coverage to 364 days instead of the current 90-day limitation on policies. Health and Human Services (HHS) Secretary Alex Azar lauded the move by the administration saying, “Americans […] Read more

Healthy Finance Guide For Women Who Retire Early

Some women may call leaving the workforce permanently “early retirement” when in reality they are pursuing a new career, like providing daycare for grandchildren or taking care of elderly parents full time. Others might have the financial freedom to explore their other interests outside of work. Whatever the reason for leaving the mainstream workforce before […] Read more

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