HMO, EPO, PPO – E-I-E-I-O!

What would insurance be without an alphabet soup of jargon? Okay, simpler to understand, sure, but what’s the fun in that? The reality is, the jargon is here to stay. If you want a plan you are actually happy with, you’re gonna have to have a little vocabulary lesson – so sit up straight, stop…

But I Just Have A Quick Question: Calling the Call Center Anonymously

There are times when you just don’t want or need to verify your account – and other times where failing to verify your account will just complicate things. Know which is which before you dial! Basic questions can be safely asked anonymously. Things like ‘what is you website address?’, ‘what does Cost Share Reduction mean?’…

Surviving Your Special Enrollment Period

You just moved to a new state. Your wife just had a baby. Your employer just decided not to offer health insurance. You just got a new job without health insurance and no longer qualify for Medicaid. Your employer sponsored premium just shot through the roof and is on its way to the stratosphere. What…

Three Things to Remember About the Second Lowest Cost Silver Plan

If ‘I don’t want the second lowest cost Silver plan’ was the first thing you thought when reading that headline you probably think the SLCSP doesn’t affect you – but here are three things you really do need to know about it. The Second Lowest Cost Silver Plan available to you is the benchmark used…

Nobody Asked You, Arthur!

Today we have a case study in why it’s a very good idea to have health insurance – especially if your bank account isn’t familiar with positive territory. In between jobs, watching the cash flow (mostly out) – holding off on buying new shoes is a sensible decision, right? Well, I thought it was. The…

Five Things to Remember About Bronze Level Plans

Number Five: I’m Paying How Much? The actuarial value of a Bronze level plan is 60/40. That gobbledy gook translates to your insurance company expects you to pay about 40% of the cost of covered services. That does NOT include your premium. In reality, the numbers don’t work perfectly – but they are pretty close….