The State of Michigan Department of Insurance and Financial Services announced today that it is “allowing health insurers to reinstate canceled policies.” Also, “the decision allows insurers the option to reinstate policies that were discontinued on Jan. 1, 2014, due to non-compliance with provisions in ACA.” “Option” is the key word. Soon after the state…
In early November we were to be in the busy process of matching uninsured people to new health plans, and helping current Individual market policy holders transition to those same plans. As you know, not much of this has gone as expected. So, one month after the planned opening of the Federal Marketplace, what do we know about…
Advice: contact an agent to help you find accurate pricing for 2014 plans. According to this CBS News report, healthcare.gov now allows you to see plans in your area, but only shows pricing for two age “group” – under 50 and over 50. And they use rates for ages near the bottom of each range.…
As we near the end of October, I am receiving more and more questions about Health Care for 2014. “Is my plan really going away?” “How much subsidy will I get?” “If my child is on my tax return, what income do I have to declare?” “What are these gold, silver, bronze things all about?”…
Have questions about recent news stories regarding the rollout of the Affordable Care Act? Not sure if you will qualify for a subsidy? Want to know what the penalties are all about? We have answers and can discuss the 10 Essential Health Benefits contained in all 2014 plans. For info contact Greg Clay at 248.628.3604.
Thursday marked the first day of packing for Blessings in a Backpack – Oxford. We are thrilled to be part of the team of involved parents who want to help by sending additional food home with kids who are eligible for reduced or free lunch programs. The leadership team has spent many hours planning, fundraising,…
October 1 marks the opening of the Federal and State Marketplaces for Health Insurance. What does this date mean for you? If you currently have an employer plan, and your employer is continuing your group coverage into 2014, it likely will not have a large impact on your health plan. However, if you are self-employed, or…
Please watch this documentary from Werner Herzog and AT&T about texting and driving. This video details the lives of four people affected by texting/driving accidents – both victims and drivers. It is long, but compelling. Show it to your young drivers. Remember, W82TXT.
In today’s Detroit News, Brian O’Connor discusses coverage on your homeowner’s policy for refrigerated and frozen items. It’s important to make a plan, either through a backup generator or through insurance, to protect yourself. If you keep large amounts of beef or other valuable frozen items, are you prepared for an outage?
A new study released today by the Highway Loss Data Institute (an insurance industry funded study group), shows that Michigan has experienced a significant increase in motorcycle loss severity and cost since the repeal of its helmet law in April 2012. The study shows claim severity up 22% since repeal. “Weakening the helmet…