Parents: If you need individual coverage for your children, open enrollment is NOW!!!Open enrollment for individual health plans started March 15 and runs through April 30. (Individual health plans are those bought by individuals, as opposed to health plans offered by employers or groups.)We can't say this enough: If you need health insurance for your child, make sure you enroll early. ... [read full post]
Parents: If you need individual coverage for your children, open enrollment is NOW Open enrollment for individual health plans started Sept. 15 and runs through Oct. 31. (Individual health plans are those bought by individuals, as opposed to health plans offered by employers or groups.)We can't say this enough: If you need health insurance for your child, make sure y... [read full post]
On August 1, 2011, the Department of Health and Human Services released an amendment to the Interim Final Regulations for preventive care under the Patient Protection and Affordable Care Act (PPACA). The amendment applies to non-grandfathered individual insurance policies as well as non-grandfathered insured and self-insured group health plans. The amendme... [read full post]
The Internal Revenue Service has announced the 2012 contribution limits for health savings accounts (HSAs) and cost-sharing amounts for HSA-eligible, high-deductible health plans (HDHPs). Annual HSA contribution limits will be $3,100 for individual and $6,250 for family coverage. That is increased slightly from $3,050 for individual and $6,150 for family coverage in 2011. Max... [read full post]
As healthcare rates
continue to rise, we’re seeing (and helping!) more & more companies make
the switch to H.S.A. Plans.
H.S.A. medical plans are
high-deducible plans that typically cost a fraction of the cost of traditional
plans. In conjunction with a
high-deductible medical plan, each employee can set up a tax-free Health
Savings Accou... [read full post]
As a result of federal
healthcare reform, individual plans have changed their guidelines for adding children
under the age of 19. They can now
be added at the following times only:
Open Enrollment Periods:
March 15th – April 30th,
2011 (for a May 1st effective date)
September 15th – October 31st,
2011 (... [read full post]