In the first part of this series, we broke down the basics of health plans under the Affordable Care Act (ACA also known as ObamaCare). This time, we are going to focus on some of the terminology that is wreaking havoc on employers, employees, and agents alike in determining compliance under the ACA. Three definitions come up on a recurring …
Read More »Break Down: The Affordable Care Act
The Affordable Care Act, also known as Obamacare, has so many different moving parts and miniscule pieces that it could be financially devastating for an individual (or a business) that misunderstands. That said, it may be better to break ACA down into sections and ensure that you’re looking at this complex legislation in the right context for you. This article …
Read More »The Aftermath of ACA Enrollment
Whew! The initial Obamacare enrollment is behind us, and we were able to assist our clients with coming into compliance with the new laws. Now what? ACA enrollment war stories? Did anybody else receive a call to help with coverage for the first of the year, “so I won’t be arrested for not signing up?” Did anybody else receive an …
Read More »Web Access Simplifies But Creates New Service Requirements
These days, when technology is something people can’t imagine living without, how many Favorites and Icons do we have to keep track of to do business? In this industry, the answer is easily somewhere between 50 and 100 different websites! With so many new carriers providing web access, clients require faster response time, and agents should easily be able to …
Read More »Help Your Clients Avoid a Wellness Visit From Hell
Being in the insurance industry and helping clients understand and implement wellness programs, I was enthusiastic when my husband’s company rolled out requirements for a new wellness program. While the intentions were good, it became very evident that the process had not been well thought out—at least not for the spouses and dependents required to participate for premium discounts. Notification …
Read More »Supplemental Suitability
I own a business and have a question for all the health insurance agents out there: Where are the agents focusing on suitability requirements for worksite supplemental benefits? Employer groups are not one-size-fits-all when it comes to their employees, and assuming so may insure some of my employees well, but leave others majorly exposed. When a group like mine is …
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