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What You Need to Know about the Health Insurance Marketplace
Coverage can start as soon as January 1, 2023, if you enroll by December 15, 2022. Here’s what you need to know about the Marketplace, especially if this is your first time applying for health insurance.
Enhancing the Reputation of Your Insurance Agency
You can help your community in virtually endless ways, while also promoting your business and enhancing your agency’s reputation.
Confirming Special Enrollment with Documents
Did you apply for Marketplace coverage and qualify for a Special Enrollment Period due to a life event? You may need to show proof. Read this article to find out how to submit documents.
Guiding Clients Through the Rising Cost of Health Plans
With a double-digit rise in premiums expected for 2023, here’s how you can guide clients through understanding why ACA plan costs are increasing.
Finding ACA Health Coverage for Retirees
If your clients are retired and need health coverage, you can use Inshura to quote and enroll them in an ACA health insurance plan. Retired clients may qualify for a private plan with premium tax credits and lower out-of-pocket costs.
COBRA Plans & ACA Insurance: How They Work Together
It can be challenging to keep up with health policy, who can help, and how program eligibility requirements are changing. Here’s some things to consider for client that have recently lost a job and need to make a decision about health insurance.
Marketing Ideas for Health Insurance Agents
Whether you’re a new agent or you’ve been selling insurance for years, marketing is important for your insurance brand. Inside are some great ideas to get you started.
Maximize Your Life Insurance and Save Money
A low premium doesn’t mean you’re saving if you buy the wrong benefits. Explore this article to discover how to save money on a life insurance policy.
Captive vs. Independent Agents: Understanding the Difference
If you are considering a new career as a health insurance sales professional, one of the early decisions you need to make is how you want to work. Do you want to be an independent agent or a captive agent employed by a bank, insurance agency, or large insurance carrier?
How Insurance Tech Saves Time for Agents and Brokers
Insurance technology is changing rapidly, impacting the nature of insurance sales and renewals. We discuss the implications for both agents and insurance customers.
The ACA ‘Family Glitch’ – Who Does it Impact?
For health insurance bought on the Marketplace, ACA subsidies lower the cost of monthly premiums. As a result, Marketplace health insurance is more accessible, affordable, and attainable. What subsidies are available?
Increase Outreach Before ARPA Subsidies Expire
American Rescue Plan Act (ARPA) subsidies expire at the end of 2022 and may result in 3 million members losing coverage. Brokers must plan early to prevent their clients from losing coverage. Explore more!
When Can Clients Enroll in Health Insurance?
Not sure when open enrollment starts for health insurance? Read this article to find out important dates you should mark on your calendar.
ICHRA vs. Group Insurance: Which is Best?
It’s important to diligently evaluate terms of coverage options, affordability, and what’s best for your employees each year. Explore this article to compare group health insurance plans to ICHRA.
Exceeding Expectations with Insurance Technology
To manage customer relationships and automate marketing tasks, independent agents need the right tools. Because it can sometimes be crucial to the success of a business!
Revenue Models of Independent Health Insurance Agents
When insurance agents become independent compensation structures change. Here’s a look at how independent commissions are calculated.
Health Coverage for Unemployed Persons
The unemployed may now be able to get an affordable health insurance plan through the Marketplace, with savings based on income and household size. Free or low-cost coverage is available through Medicaid or the Children’s Health Insurance Program (CHIP).
Health Insurance Consumers to Receive $1B in Rebates
The Affordable Care Act (ACA) states that insurers must utilize a minimum of 80 percent of their income on healthcare claims, with the remaining less than 20 percent utilized for administration, marketing, and of course, profits. This Medical Loss Ratio (MLR) provision of the ACA requires that any excess profits are rebated to their insured. The MLR percentage adjusts further to a minimum of 85 percent for large group insurers.