Illinois Indiana Healthcare Insurance Medical and Dental Cost Savings Consultant Scott Kendall

Health Insurance Premiums Under the Patient Protection and Affordable Ca...

noreply@blogger.com (Scott Kendall) — Tue, 28 May 2013 18:24:00 +0000

ACA What is Law IRS filing info and Who benefits from exchange Who.gets screwed .. ? Healthy High Income Young get hurt the most

noreply@blogger.com (Scott Kendall) — Fri, 17 May 2013 15:19:00 +0000

Your Insurance Company & Costs of Coverage Since last year Insurers must, in general, spend 80% or 85% of the premium dollars they take in on health care costs and health care improvement activities. If they do not, they must provide refunds to policy holders. Costs have gone down or increased slightly but that is about to change as insurance becomes available for everyone finally.

For many people ACA will be a blessing but for a few it could be expensive but they can prevent that.

At the end of the year there will no more cost savings for excellent health and the youngest class will now be charged 1/3 instead of 1/5 the amount of the oldest class. The youngest class and higher income individuals that are healthy will be charged more if they wait for 2014 or have wrong plan
but at least will not have any IRS REPORTING TO DO if no subsidy . r "no one will ever take away your current insurance plan" when ACA takes efect :) BO

MANY INSURANCE COMPANIES ARE CONVERTING ALL OLD POLICIES TO ACA and raising rates Jan.1 2014 - Call for details Scott 847-903-7578 The ones I recomend are not
Deductible Credit a plan which can lower cost using higher deductible that is reduced when not used in full for the year will be extinct in a few short weeks

In 2014 all Insurance sold must covers almost everything for anyone with smaller maximum deductibles or out of pocket expenses. The cost of including everyone and of lowering the out of pocket risk for the insured will cost more for insurers who will increase the insurance premiums.

Families and individuals may qualify for a Subsidy if their income is under (singles $45,000 or family of 4 around $95,000).

Also Anyone who would today be rejected because of a pre-existing condition or disability. Starting in October 2013 you can apply for new coverage which will start in January 2014.

•In most states, you could be turned down, charged higher premiums, or have certain benefits excluded if you have an existing health condition, including a disability. In some states, however, insurers aren’t allowed to turn you down because of your medical condition. This is called “guaranteed issue.” Contact your State Department of Insurance to see if this protection applies to you.

•Under the Affordable Care Act, this has changed. New individual plans (and all job-based plans) can no longer deny or exclude coverage for children because of a pre-existing condition, including a disability.

•Starting in 2014, these same plans won’t be allowed to deny coverage or charge more to anyone because of a pre-existing condition, including a disability. Excellent Health rate reduction extinct

•If you have a pre-existing condition and have been uninsured for at least six months, you may be eligible for the Pre-Existing Condition Insurance Plan created under the Affordable Care Act.

What This Means for Small Businesses? They can use an HRA and any combination of individual insurance and exchange insurance to deduct insurance as business expense give employees tax free health benefits and save over 50% of the cost "based on 2013 policies rates" with none of the time or paper work of small group insurance plus

If you have fewer than 25 employees and provide health insurance, you may qualify for a tax credit of up to 35% (up to 25% for non-profits) to offset the cost of your insurance. This credit will increase in 2014 to 50% (35% for non-profits). This will make the cost of providing insurance much lower.
Claim this tax credit for your small business at IRS.gov

What does the IRS need from you for exchange plans?

circumstances, necessary to determine
eligibility for and the amount of the
premium tax credit; such as marriage kids changes, income tax returns of all household insured
(6) Any other information required in
published guidance, see § 601.601(d)(2)
of this chapter, necessary to determine
whether a taxpayer has received excess
advance payments aka IRS AUDITAudit

(b) Time of reporting.
(c) Manner of reporting. The
Commissioner may provide rules in
published guidance, see § 601.601(d)(2)
of this chapter, for the manner of
reporting under this section.

Steven T. Miller,
Deputy Commissioner for Services and
Enforcement.
Approved: May 16, 2012.

Apply now Deductible Credit feature goes extinct in June

noreply@blogger.com (Scott Kendall) — Tue, 14 May 2013 18:06:00 +0000

Scott Kendall
847-903-7578
A plan for everyone

How much will your Free Insurance Cost? More! While it is wonderful that millions of Americans will be covered under the ACA there are some actions that can be taken

noreply@blogger.com (Scott Kendall) — Mon, 13 May 2013 20:03:00 +0000

Individual Family Healthcare Solutions Small Businesses Health Insurance Accident HRA's : How much will your Free Insurance Cost? More! unle...: While it is wonderful that millions of Americans will be covered under the ACA there are some actions that can be taken by those who will no...

Q. Who will pay more in 2014? Fast facts on Illinois health insurance exchange p...

noreply@blogger.com (Scott Kendall) — Thu, 09 May 2013 16:55:00 +0000

Illinois HEALTH INSURANCE EXCHANGE Information: Fast facts on Illinois health insurance exchange p...: Fast facts on Illinois health insurance exchange plans Q. How many people are uninsured in Illinois and how many of those are projected to...

Individual Family and Small Business Health Insurance Solutions : Up to 60% savings Small Business Health Insurance ...

noreply@blogger.com (Scott Kendall) — Tue, 23 Apr 2013 21:05:00 +0000

Individual Family and Small Business Health Insurance Solutions : Up to 60% savings Small Business Health Insurance ...: Business of 2 or more can save over Group Plans HRA - HEALTH REIMBURSEMENT ACCOUNTS Is your Group Insurance Rate going up again higher d...

Men and Younger People six months left before NEW RULES Rate Hike Buy Now fix costs for up to 18 months

noreply@blogger.com (Scott Kendall) — Wed, 27 Mar 2013 13:13:00 +0000

Study: Reform will raise health insurance costs 32 percent nationally

New Rules - Starting this fall Elderly pay no more than 3 times the insurance premium of the young vs now 5 or 6 times as much. WASHINGTON (Reuters) - President Barack Obama's top healthcare adviser acknowledged on Tuesday that costs could rise in the individual health insurance market, particularly for men and younger people, because of the landmark 2010 healthcare restructuring due to take effect next year.

U.S. Health and Human Services Secretary Kathleen Sebelius said definitive data on costs will not be available until later this year when private health plans become authorized to sell federally subsidized coverage on new state-based online marketplaces, known as exchanges.

So far United Healthcare has estimated 116% rate hike overall to cover pre-existing conditions and unlimited lifetime protection.

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

healthcare cost saving High Deductible Insurance HRA or HSA

noreply@blogger.com (Scott Kendall) — Thu, 07 Mar 2013 17:58:00 +0000

Individuals and Small Businesses

20% savings using High Deductible Insurance combined with Accident Illness Zero Deductible Policy or Employer HRA contributions

“If we’re not already at the tipping point for CDHPs – and we may well be – at this rate of growth it’s coming soon,” said Sharon Cunninghis, Mercer’s U.S. business leader for health and benefits, in a prepared statement.

According to the current survey, the average cost of covering an employee under a CDHP with an attached HRA or HSA is more than 20 percent less than the overall average cost of coverage for an employee enrolled in a PPO ($7,833 per employee in a CDHP versus $10,007 for a PPO).

Much of the credit for the lower increases, Mercer researchers suggested, is due to the continued growth and acceptance of CDHPs – health plans that typically feature a high deductible and are tied to pre-tax health reimbursement arrangements (HRA) or health savings accounts (HSAs).

Plus when you add critical illness and accident coverage that pays the deductible and co-pays, our clients have zero out of pocket costs for most minor and major events! - broken bones - cuts - burns - heart attacks - cancer
Major Medical - Accident - Critical Illness - Dental Policies all sold separately or with our top companies Major Medical Insurance
http://scottkendallevanston.blogspot.com/

Looking for affordable healthcare solutions
Small business 2 to 20,000 employees want to set up an HRA
Individual and Group Insurance

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

Rate Shock News GROUP PLANS to go up 11% #California Blue Cross Blue Shield

noreply@blogger.com (Scott Kendall) — Thu, 07 Mar 2013 02:35:00 +0000

Blue Shield and Aetna to raise healthcare rates over state objections

The increases average more than 11% for about 47,000 individual and small-business policyholders. State insurance regulators had found them unreasonable

Despite objections from regulators, health insurers Blue Shield of California and Aetna Inc. are proceeding with double-digit rate increases that state officials said were unreasonable.
Officials at the California Department of Managed Health Care said increases that average more than 11% for about 47,000 individual and small-business policyholders of Blue Shield and Aetna were unreasonable. But state officials don't have the authority to reject changes in premiums, and increasingly health insurers refuse state demands to lower rates.
"I am disappointed that after lengthy negotiations, Blue Shield and Aetna were unwilling to bring their proposed health plan increases down to a reasonable level," said Brent Barnhart, director of the Department of Managed Health Care.
Barnhart said negotiations were more productive with Anthem Blue Cross, the state's largest for-profit health insurer and a unit of industry giant WellPoint Inc. He said Anthem agreed to smaller rate increases for 202,000 individual and small-business policyholders that will save consumers about $13 million.
The state also said Anthem would forgo an additional rate increase for certain small employers this year, saving an additional $6 million.

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

W-2 and Sticker Shock how much does my group healthcare cost?

noreply@blogger.com (Scott Kendall) — Tue, 05 Mar 2013 11:34:00 +0000

If you’re one of the millions of Americans lucky enough to still have employer-sponsored health insurance, you’re about to find out how much that coverage really costs.

Prepare to be shocked.

Under a little-noticed but potentially game-changing provision of Obamacare, the W-2 form you get from your employer — which details wages paid and taxes withheld for the year before — must now also disclose the total health premiums paid on your behalf.

Look for the line marked “DD.” And brace yourself for a big number.

As in $15,022, which was the average family premium nationwide in 2011, according to a study by the Commonwealth Fund.

Or $16,969, which was the average for New York State, where everything always seems to be more expensive.

Or maybe $23,077, which was the eye-popping figure on my own W-2 from the Daily News.

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

#ACA #OBAMACARE Update WAITING PERIOD will not go into effect for 90 days Caution No not Cancel OLD Insurance too soon

noreply@blogger.com (Scott Kendall) — Mon, 04 Mar 2013 20:44:00 +0000

Do not cancel your old insurance until the new effective date which is reported to be up to 90 days after the application maximum at the insurance companies discretion aka 90 days. Or you will not be covered!!!

If you need temporary insurance to bridge the gap call me on my cell phone at 847-903-7578
or email me at

skendall@aplanforeveyone.com We can also help you compare and select from the insurance exchange and plans from the private exchanges to find the lowest cost and we can calculate if you will get a subsidy
FOR a free health insurance cost audit just call me 8am to 8pm Scott.

We can also help small businesses save up to 30% on healthcare costs and the employees insurance premiums are paid with pre-tax dollars,
great flexiblity can be combined with lower cost insurance plans - can be used for fund deductibles - Flexible HRA's accounts 2 employees or more. United Healthcare Blue Cross Blue Shield - all the top companies!

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

Guide to Healthcare cost after ACA goes into effect at end of year

noreply@blogger.com (Scott) — Mon, 04 Mar 2013 11:29:00 +0000

HRA's save 30% on Healthcare costs linkThe primary risk of postponing Healthcare waiting on the ACA - is of course having a Major Medical Problem. After that it is the Financial Risk AKA THE PRICE see Rate Shock
1. No Underwriting - Effect insurance less affordable but 100% available This means that you will pay the same rate based only on age and smoking,

The effect - Preexisting conditions gone healthy and sick of same age will pay the same prices to go up at least 13% or more - Kaiser Family Foundation Estimates 2 to 3 times current costs. In fall anyone with a Preexisting condition should sign up the rates are subsidized by the healthy pool. Strangely the young Healthy and the Smokers will see rates rise the most in the fall under ACA
Buying your own health insurance will never be the same By RICARDO ALONSO-ZALDIVAR, The Associated Press
Smokers Penalty Young Penalty - they should sign up now for Renewable Insurance now which may save money now and over the long term. Smokers this fall under the ACA will pay up to 50% more - current standards are not that high all ACA policies will cost more than today's healthy underwritten plans many expect the to cost to be 2 times more! AKA buy NOW

2. Age -The Rate based on Age - The Oldest class can not pay more than three times the youngest age class, in effect the young will be subsidizing the older class, anyone young and healthy should buy an individual portable health insurance in policy in 2013 and lock into a lower rate. Any one with a preexisting condition should sign up during open enrollment in fall but expect to pay more than todays policies since everyone is in healthy and sick. The cost for the oldest class will be lower than statistics would recomend but still more than underwritten 2013 insurance.

3. The Tax Credit - for a single person they will get no tax credit if they earn more than aroung 40,000. For a Family of 4 the family income cut off is $94,200 all w2 including kids - if your total family grows and income exceeds limit and you lose the tax credit then sometime the following April the IRS will kindly ask you to pay it back. Currently you must buy your insurance on the exchange if you qualify for a subsidy - more than likely they will let qualified insurance agents help you understand the choices and work with you on all your options. The estimated prices are high since you can not buy the high deductable with accident insurance available if you are healthy.

4.HSA account and HRA arrangements will still exist both offer tax saving for employee (HSA and HRA) and one to the employer (HRA) The HRA model is expected to grow rapidly both private sales and on the exchanges. HRA use is expected to grow at the expense of group due to the costs savings in human resources, paper work, reporting and due to the high tech HRA automation and integration programs. These offer the employer the same tax benefits of group without the employer hassle and in 2014 every employee will be insurable, thanks to the ACA.

Small businesses with quality healthcare advisors are dropping group plans for Health Reimbursement Arrangements (HRA's) which offer employees the option to buy underwritten portable personal insurance in 2013 at low prices and for those with preexisting conditions to buy in 2014 for all under the ACA act.

No more Human Resources nightmare - Tax Deductible Employer Insurance Premium Deductions - Tax Free Healthcare Reimbursement funds for Employee.

In conclusion anyone above the income subsidy level that qualifies should buy underwritten insurance this year. This is even more important to the younger health care insurance users 20's and 30's ages since in the future they will be subsidizing the older people under the ACA.

Anyone who can buy Underwritten insurance NOW will save money for at least a year and maybe more ......depending on how the insurance companies treat grandfathered policies in the future.

What does is cost to not use an expert agent?
HST agents do not cost cunsumers any more money they are paid by the insurance company.
The costs of not using an agent include
1. Enrolling with an online insurance company that raises it premium every few months
2. Enrolling with an insurance company that offers more limited options than an agent can find by shopping all the top companies
3. Paying more for the same coverage by not shopping the whole health insurance market

Finally the INDIVIDUAL MANDATE will hit upper middle class, mainly if they do not have insurance One key rule is that - if your major medical insurance cost more than 8% of your income the taxpayer has - NO PENALTY if you can not afford major medical insurance - you can still buy low cost limited coverage Accident and Critical Illness policies for some emergencies

Health Insurance Dental Insurance all the top companies I shop for you

Scott Kendall

Healthcare Benefits Consultant
847-903-7578
skendall@aplanforeveryone.com
www.healthcaresolutionsteam.com

Health Insurance Accident More: How much should my insurance plan cost in 2014t?

noreply@blogger.com (Scott Kendall) — Sun, 03 Mar 2013 20:49:00 +0000

It depends. Policies that cover more tend to cost more. In addition, in most states, premiums for individual health insurance depend on your health status, age, gender, and other characteristics.
Under the Affordable Care Act, this will change. Starting in 2014, new individual insurance policies (and job-based plans) won’t be allowed to charge you more based on your health status, pregnancy, or disability. Also, insurers won’t be allowed to charge you more based on your gender, and there will be limits on how much premiums can vary based on age.

The estimates of cost increases vary by estimator. The Kaiser Family Foundation estimates appear high in my humble opinion. I hear the increase will be more like 13% from one of our major companies. Kaiser Estimates it will at least double when everyone can qualify for healthcare.

The additional costs of insuring those not able to qualify today will be offset by cost savings of not investigating or underwriting every applicant.

The exchanges will also have many healthy but lower income applicants who will end up costing the insurance companies less over the long run with the new preventive care included without cost.

Over all the cost should rise between 13% and 20% for the top insurance companies.

What can you do? If you buy a policy in 2013 the rates will not change for 12 months to 17 months and you get all the same benefits of the ACA. Cal Scott at 847-903-7579 or
email me at skendall@aplanforeveryone.com

For job-based health plans, it’s up to employers to decide how much of the premium to pay on behalf of you and your family. Your employer will tell you how much of the premium for health coverage you must pay.
Scott Kendall
Healthcare Solutions Team
skendall@aplanforeveryone.com
(847) 903-7578

noreply@blogger.com (Scott Kendall) — Sun, 03 Mar 2013 16:54:00 +0000

Healthcare Solutions Team HRA Website a nationwide team of optimists, problem solvers and medical advocates

Hello. We’re Healthcare Solutions Team.

It’s nice to meet you.

We’re a nationwide team of optimists, problem solvers and medical advocates. We’re a passionate blend of resourcefulness, compassion and drive. We’re a crew of true believers.
Grant Born and Joe Eichman created this band of insurance advisers to make affordable healthcare accessible to everyone. That’s why we call ourselves Healthcare Solutions Team. We absolutely love solutions; we’re full of them. We’re at our best when we take your healthcare needs and figure out how to cover you from every angle while staying within your budget. In other words, we make low cost, zero out of pocket medical insurance a reality. That’s why we’re known as America’s premier health and dental insurance agency

Scott Kendall
Healthcare Solutions Team
skendall@aplanforeveryone.com
(847) 903-7578