Medicare Plan Newsflash
How to Read a Summary of Benefits and Coverage
Posted: February 25, 2022
The Summary of Benefits and Coverage (SBC) was created under the Affordable Care Act. It was designed as a standardized tool to help you better understand what is covered by your health plan or to directly compare different health insurance plans. The following is a guide on how to read a Summary of Benefits and Coverage. General Plan Information At the top of the SBC...
Insure the Ones You Love
Posted: February 22, 2022
February is Insure Your Love Month. This is the seventh year of the Insure Your Love Campaign, coordinated by Life Happens. Buying life insurance to protect the ones you care about is an expression of love. Valentine’s Day falls in February, which makes it the perfect time to remind people of the need for proper life insurance planning to benefit their loved ones. Why Is...
What Determines the Cost of Health Insurance?
Posted: February 10, 2022
Everyone in the U.S. needs health insurance today. When you reach age 65, Medicare provides low-cost health coverage. Below that age, the cost of health insurance can vary, depending on a number of factors. Since the Affordable Care Act (ACA) went into effect, insurance companies are using different factors to determine premiums for health insurance plans. For example, under the ACA, your gender and your...
Why Life Insurance Is Still Important If You’re Single
Posted: February 7, 2022
Many single people believe they don’t need life insurance. With no one relying on their income to act as beneficiaries, why should they pay the monthly premiums? The truth is life insurance is not just for married people with children. It can have many benefits for single people as well. When Can Single People Benefit from Life Insurance? Life insurance can benefit single individuals in...
Can I Change My Health Insurance If I Move?
Posted: January 25, 2022
If you move across town, you may not be able to change your health insurance. If you move out of state, on the other hand, you may be required to change it. Your health insurance may not cross state lines with you. Some plans may terminate when you move to a different state or may not provide coverage in the new state. If you purchased...
How to Read a Summary of Benefits and Coverage
Posted: February 25, 2022
The Summary of Benefits and Coverage (SBC) was created under the Affordable Care Act. It was designed as a standardized tool to help you better understand what is covered by your health plan or to directly compare different health insurance plans. The following is a guide on how to read a Summary of Benefits and Coverage. General Plan Information At the top of the SBC...
Insure the Ones You Love
Posted: February 22, 2022
February is Insure Your Love Month. This is the seventh year of the Insure Your Love Campaign, coordinated by Life Happens. Buying life insurance to protect the ones you care about is an expression of love. Valentine’s Day falls in February, which makes it the perfect time to remind people of the need for proper life insurance planning to benefit their loved ones. Why Is...
What Determines the Cost of Health Insurance?
Posted: February 10, 2022
Everyone in the U.S. needs health insurance today. When you reach age 65, Medicare provides low-cost health coverage. Below that age, the cost of health insurance can vary, depending on a number of factors. Since the Affordable Care Act (ACA) went into effect, insurance companies are using different factors to determine premiums for health insurance plans. For example, under the ACA, your gender and your...
Why Life Insurance Is Still Important If You’re Single
Posted: February 7, 2022
Many single people believe they don’t need life insurance. With no one relying on their income to act as beneficiaries, why should they pay the monthly premiums? The truth is life insurance is not just for married people with children. It can have many benefits for single people as well. When Can Single People Benefit from Life Insurance? Life insurance can benefit single individuals in...
Can I Change My Health Insurance If I Move?
Posted: January 25, 2022
If you move across town, you may not be able to change your health insurance. If you move out of state, on the other hand, you may be required to change it. Your health insurance may not cross state lines with you. Some plans may terminate when you move to a different state or may not provide coverage in the new state. If you purchased...