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Health Insurance Helps Your Physical Health, and Your Financial Health!

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According to a recent study, signing up for health insurance may be one of the most important financial decisions you make this year. But for many, this decision is not an easy one.

Many people think that the Premium Cost, high Deductibles, additional Co-Pays, or multiple policies with industry jargon is overwhelming! Some people get frustrated and so they never make a plan at all, and then a medical emergency hits you, and you wish you had gotten the insurance.

With rising prices, it’s easy to see why you may dismiss getting a Health Insurance Plan altogether, but experts now that health insurance isn’t just good for your physical health, it’s good for your financial health, too! A good health insurance can actually protect you from financial ruin and bankruptcy.

As reported by MarketWatch:

People are twice as likely to file for bankruptcy if their health insurance has been interrupted, according to a new study published this week. In fact, all it takes is a coverage gap within two years for the chance of bankruptcy to jump twofold, according to the study published by the American Bankruptcy Institute.

So, before you decide on whether to get Health Insurance coverage, be sure to speak with a knowledgeable agent about all the Health Insurance options available to you. There are a variety of affordable insurance options to choose from that may fit your situation best.

As the Insurance Nana, I have counseled countless individuals and families, as they navigate these really difficult questions about health insurance or life insurance. My mission is to find an affordable option for health care and coverage that best fits your needs.

If you need to make a decision concerning your Health insurance, Call the Insurance Nana at 770-527-5598 https://insurancenana.com/

 

Group Health Insurance Is About to Undergo Major Changes

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Many of us may not have access to group health insurance. Small businesses don’t always offer it, for a variety of reasons.

Do you want to set up a group health insurance plan, but have been avoiding it because of the cost? You may have found that it is very expensive. In a regular group plan, the owner of the company must pay 50% or more of the premium for ALL of their employees. For many small companies, this was a very expensive cost that they may not have been able to handle.

Another scenario for health insurance, is that each year the premium goes up and up, and each year you are paying more and more to keep it.

Things may be about to change with health care plans…

This new option allows companies to just set up an HRA account through their payroll

and budget a certain amount of dollars to each employee, so that they can go out and buy their own health insurance. This will also be pre-tax dollars.

You can even designate different dollar amounts to certain employees, based on years of employment, or job title.

Example:

  • The Senior manager may receive $500 a month.
  • Management may receive $400 a month.
  • Entry level employees may receive $250 a month.

This would save the company money AND allow each employee to have control over what benefits they want to pay for. It’s a Win-Win!

If you are ready to get started with a new health insurance plan, your next step is to call me. I will gladly meet with everyone to figure out which Health Insurance plan will meet each individual employee’s needs.  All the employer has to do is talk to their payroll department and set up the HRA account.  It is really that easy.

I can come to your location, meet with anyone that is interested in getting health insurance plan, and they can pick the kind of health insurance plan that they want.

Interested in Obamacare? Let’s see if you can qualify for a subsidy. If your income qualifies, you may still receive that subsidy because you don’t have access to a group health plan. In other words: you may can get both!

Call me if you want to find our more about health care insurance plans, HRA accounts or Obamacare. Call the Insurance Nana at 770-527-5598 https://insurancenana.com/

 

You Have More Options in the Wellstar and Anthem (Blue Cross Blue Shield) Break-Up

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As a small business owner, you are often on the receiving end of bad news.

Supply costs increase and you have to pay it.

A service is eliminated and you scramble to replace it.

Insurance companies wake up with a new idea – and you just have to swallow it.

You started your business to have more control, but now it seems you have less.

Is this life?

This is exactly what thousands of area residents with independent health insurance have been asking themselves. Ever since the contract between Wellstar Healthcare Network and Anthem expired earlier this year these residents are wondering what to do next. In this article, we will talk about the options you have if the Wellstar/Anthem break up has affected you or someone you know!

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