Monday, November 25, 2013

Health Alliance Plan and BCBSM Will Not Renewal Non Compliant Health Plans

Not surprisingly to me to me, Blue Cross of Michigan and also HAP are not going to extend their health insurance policies that will not satisfy the completely new healthcare law requirements.

Nevertheless, if on the BCBSM Keep Fit program, they are going to extend that through 14'. That is the only Blue Cross of Michigan plan they are permitting this for.

While President Obama did extend the opportunity for states to enable the companies to retain their pre-plans for an additional 12 months, numerous companies have rejected. To much capital has been spent shifting clients to modern "approved programs."

We at the firm realize the irritation on a lot of levels. Come 1/1, various health carriers will have their metallic plans within the Marketplace, however have plans outside of the Marketplace additionally.

Need help with your options.  Email us today to learn more.

Monday, November 18, 2013

Michigan Consumers Surprised By Coming Out Of Pocket Costs Of New Insurance Plans

Following a Detroit Free Press article, a great subject is now being pointed out in relation to the Affordable Health Care act, and deductibles for Michigan buyers.

As an agent, one of the first issues I noticed about the new Marketplace insurance plans were the higher out of pocket costs (OOP). Clients often overlook that while the programs (Platinum, Gold, Silver, Bronze) all have completely different deductibles, the co-insurance normally with these brand new policies are considerably higher and once more leads to total out of pocket costs

What exactly are consumer’s solutions to offset the difficulties of the higher out of pocket costs with new plans of 2014? Within our firm, we offer accident insurance plans. These particular plans compensate you a one lump sum payment should you generate any specific health insurance claims from an accident. They are very affordable, and the underwriting is very liberal.

Their is definitely not a way checking out the brand new insurance plans of 14’ (Within the Marketplace and also outside) to avoid the higher out of pocket costs. With a bit of consideration though, you can still shield your own self from those charges and fee's with an accident program. Email us to learn more. 

Sunday, October 20, 2013

Michigan Mortgage Protection Life Insurance Coverage.. Is It Worth It To You?

It is my opinion most of us would certainly agree that our family home is our most valuable asset.. Nevertheless (as we know), many families are compelled to depart their home on account of difficulties due to death, disability, or even sometimes now unemployment.

Simple question, in case you past away would your loved ones have adequate cash to help pay back the mortgage? All the more, if you are struggling to work for a long-term time frame, will your family have sufficient money to pay the mortgage loan per month?

What about this, if you lost your job, would you still be able to affordable your premiums?

Our agencies mortgage life insurance plans are term life insurance plans, that help to keep your home if the unexpected happens.

Benefits include,

  • You pick the amount of coverage that you need and the period that closely matches your mortgage.  Options include 30,25, 20, or even 15 years of level premium coverage.  This is your life insurance coverage.
  • If you become disabled, you may receive a monthly income up to $2000 for up to two years in the event you become totally disabled (optional benefit).
  • If you become critically ill (qualifying critical illness), you may get advanced up to 50% of the death benefit. (option benefit).
  • With the waiver of premium rider (optional benefit), your monthly premiums may be waived if you become totally disabled.  This also includes the involuntary unemployment rider.  With this rider, your premiums may be waived and you can keep your coverage during a total disability or a period of involuntary unemployment.

Would you like to learn more about our agencies Mortgage Protection Life Plans?? Contact us to day so we can discuss your options.

Tuesday, August 27, 2013

IRS issues final last rules for Obamacare "Individual Mandate" for Michigan

Off of Yahoo tonight, the IRS has released the final rules for the “Individual Mandate” to hit us with Obamacare.

Pretty to the point, if you do not carry health insurance you will be subject through a fine.  $95 or 1% of your income in 2014′, all the way up $695.00 or 2.5% of your income by 2016′.

Couple of other facts that were released that caught me by surprise.  One was that employees getting health coverage through a union-sponsored plan. They clarify that these employees will not be penalized, said tax lawyers who reviewed the rules on Tuesday.

Another surprise for me was employees getting healthcare coverage from a temporary staffing agency are safe from penalties.

So whatever you views are with regards to this law, it is coming and quick.  October (if all things go as planned) should bring the exchange to the market place for consumers of the state to view coverage’s.  From what I know, rates for our state have not been released.  However with a little research, you will find other states who have released initial rates that will be going to the market.

Contact us with any questions you might have.


IRS issues final last rules for Obamacare "Individual Mandate" for Michigan

Child Life Insurance in Michigan

One thing our agency has always promoted, has been life insurance for children.  We believe with low premiums and easy underwriting, every child should be covered.

Their are numerous reasons why we promote this.  One, obviously if ever the policy was needed, a tragedy has occurred.  The policy will help in this transitional period.  What do I mean by that?  Well burial expenses are going to arrive and you will need funds, and you will have these without worry and even struggling on where to find it.

Another reason why we promote this.  When you secure coverage for a child a younger age, with most policies (not all) you can increase coverage at an older age with no questions asked.  This is very important.  All of us older in age understand sometimes how hard it is to qualify for affordable life coverage, due to past or current health conditions.  Again when you secure coverage for your child, they have the option at a later date (age) to up coverage with no questions asked.


We enjoy covering children as it is a great thrill to us.  To learn more about different plans for children within the state, make sure to contact us today.


Child Life Insurance in Michigan

Wednesday, August 21, 2013

Michigan 10 & 20 Pay Whole Life Insurance Information

One of the most understood and maybe least appreciated life insurance plans in Michigan are the 10 and 20 pay whole life insurance programs.

Working in the burial life insurance business that I do, mostly if not all of my burial plans are whole life insurance plans that I sell.  When you lay out options, and tell consumers that their life insurance plans can be paid off in 10 or 20 years, some jump at the option.  That is a considerable difference then paying their entire life for their insurance program.

So in a nutshell, both 10 and 20 pay whole life plans work by paying your premium (usually more expensive) for the select years, and then the plan is paid off for good.  That is correct, your life insurance plan requires no more premiums and continues to gain cash value even though you are paying no more premiums.


Couple Happy

If more consumers understood the nature of these life insurance plans, I feel they would be popular.  To be able to pay off your Michigan life insurance plan in a certain amount of years, again most people would take that option.  Who wants to pay their life insurance forever, if they could afford to limit the years they pay.


You could always contact us to learn more about these certain plans within our state of ours.  We would be happy to discuss your options.



Michigan 10 & 20 Pay Whole Life Insurance Information

Tuesday, July 23, 2013

Michigan Health Insurance

Looking for affordable Michigan health insurance?? At our agency, we offer all of the major carriers within the state.

Contact us to learn more at




Michigan Health Insurance

Friday, July 12, 2013

Looking At Possible Initial Outcomes Of Obamacare Through BCBSM of Louisiana

While not discussing our state of Michigan in particular, Yahoo just had an article about possible initial outcomes of Obamacare in Louisiana.

Again, many state are going to different outcomes as the law becomes to fully implemented.  However, their were some statements made by BCBS of Louisiana that kind of stuck out to me.

“The rates for the oldest will decrease at the expense of the youngest, who will see an increase,” was a statement that was very interesting.  It has been known that rates for younger ages were going to increase, but by how much remains to be seen.

Another note within the article has been the realization that rates would have to go up, due to the “many benefits” that are required in the law.

When you have time, make sure to check out the article as it gives a background into what a major health insurance company is thinking about the bill.


Looking At Possible Initial Outcomes Of Obamacare Through BCBSM of Louisiana

Thursday, July 4, 2013

Michigan Medicare Supplement High Deductible Plan F

Working in the Michigan Medicare supplement arena, we are a huge fan of the Michigan Medicare Supplement High Deductible Plan F.

While the most popular plan within our agency is Plan G, Plan F sells quite a bit.  In a nutshell, Plan F is the Cadillac plan that covers everything.  High deductible F is the regular plan F, however just with a deductible of $2110.00 (2013).

After you pay your deductible of $2110.00, your plan turns into a regular Plan F.

Now what makes these policies really different is the premium.  In Michigan depending on the zip code of the consumer, the difference in premium between a regular Plan F and High F could be over $100/month.  We have seen seniors in the “big three” counties (Wayne, Macomb, Oakland) paying as little as $50.00 a month for a high deductible F plan (price could change based on the health of the consumer).

For a healthy senior in Michigan who can affordable the deductible ($2110.00), the Michigan Medicare Supplement High Deductible Plan F is a great plan.  Contact us to learn more, or by phone at 586-604-9669.

Michigan Medicare Supplement High Deductible Plan F


Michigan Medicare Supplement High Deductible Plan F

Monday, July 1, 2013

Michigan life insurance for Tobacco Chewers

For a long time in our state, Michigan life insurance for tobacco chewers has been limited.  Even more, it usually led to a nicotine rating.

Things have changed with regards to products that are offered here.  For chewers (no smoking), their are numerous whole life and term life plans that would accept a consumer with a standard rating.  This has led to more consumers who realize that a better price is out their for their Michigan life insurance needs if they do dip or chew.

So if you do chew, their are ways to lower your life insurance rates.  Contact us today to learn more about which life insurance plans are out their and how they can fit within your needs.


Michigan life insurance for chewers


Michigan life insurance for Tobacco Chewers

Sunday, June 30, 2013

Test Post from Health Insurance Michigan - Updated Insurance News

Test Post from Health Insurance Michigan - Updated Insurance News

Tuesday, January 15, 2013

Can I Pay My Michigan Health Care Premiums With My HSA Funds?

Pretty basic question, but you would be surprised on how many times I am asked.  Again, can you pay your Michigan health insurance premiums with funds that you have saved in your HSA savings account?

The answer is quick and simple, and that is no.  If you do withdraw money from your HSA savings account to pay for your premiums, that will be a penalty and you will pay taxes (consult a CPA to learn more). 

Their are some exceptions, which include:

1) Qualified long-term care insurance; or 2) Health insurance while you are receiving federal or state unemployment compensation; or 3) Continuation of coverage plans, like COBRA, required under any federal law; or 4) Medicare premiums.

Within our agency, we stay away from any tax questions as we prefer your local CPA to help you with that. 

To learn more about a Michigan health savings account, make sure to contact us today.