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.