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Short-term disability (STD) income insurance is fairly self-explanatory; it is only available for short-term coverage periods. In other words, once a person becomes disabled, the benefit period kicks in. The benefit period varies; it can last for 13 weeks, six months, or up to one or two years. From the time a person […]

Short-Term Disability Income Insurance

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It’s important to know the differences between job specific disability coverage and general disability income insurance. If you specialize in a certain field, you can get a disability plan for your own-occupation. Take for instance a veterinarian, who works exclusively with horses; they may want to take out a disability income plan […]

The Difference Between Own-Occupation and General Disability Income Insurance

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Simplified-issue disability income insurance is as it sounds. Meaning, a person doesn’t have to go through stringent underwriting for health and finances. To get the plan, an individual simply answers a few questions. Then, based on the answers to those questions, the insurer either will issue them a policy or they won’t. […]

Simplified-Issue Disability Income Insurance

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Types of Individual Disability Income Insurance Accident-Only Plans When looking for disability income insurance, there’s several options available on the individual side. First, there’s accident-only coverage, meaning it will pay for disabilities caused by accidents. It will not, however, cover disabilities caused by illnesses because it is accident-only. Generally, an accident-only plan […]

Types of Disability Income Insurance on the Individual Market

 in Health  tagged DI insurance / Disability income insurance / health insurance / health insurance marketplace / long-term health insruance / short term health insurance by
Disability income insurance, or DI insurance, ensures people maintain an income if they lose their ability to work. There are several vehicles in which to obtain disability income insurance. For instance, disability income is often a component of group insurance. Through an employer, you can get long-term disability income, which can see you through […]

Group Disability Income Insurance

 in Health  tagged Disability income insurance / elimination period / group health insurance / health insurance / health insurance marketplace / long-term health insruance / short term health insurance by
Discount Dental Plan If you’re looking to purchase a dental plan on the individual market, then you should know about the four main types of dental plans. First, there’s the discount dental plan. With this type of plan, there is a network of providers. Technically, it’s not real insurance. It […]

Know What Type of Dental Plan is Right for You

 in Health  tagged dental plan / health insurance / health insurance marketplace / HMO / PPO / supplemental health insurance by
Back in 2014 when the Affordable Care Act (ACA) went into full effect, individuals had six months to enroll. Then the following year, people only had three months; however, the government ended up extending the open enrollment deadline. That year they also assisted people during the tax season who didn’t know or understand why they […]

CMS Shortens the Open Enrollment Period for the 2018 Plan ...

 in Health  tagged ACA 2017 / Affordable Care Act changes / Centers for Medicare and Medicaid Services / CMS / health insurance / health insurance marketplace / Obamacare / oep / open enrollment period by
As part of the new stabilization ruling, the Centers for Medicare and Medicaid Services (CMS) have given insurers flexibility in terms of plan design. They’re not restricted to the metal tiers: bronze, silver, gold, platinum. Now, they can create different plans with lower premiums that are still considered qualified health […]

CMS Allows Insurers Plan Flexibility to Lower Premiums

 in Health  tagged ACA 2017 / Affordable Care Act changes / Centers for Medicare and Medicaid Services / CMS / health insurance / health insurance marketplace / health insurance premiums / metal plans / Obamacare / qualified health plan by
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The Centers for Medicare and Medicaid Services (CMS) have included in their recent ruling an incentive to maintain continuous coverage. They’re incentivizing individuals to keep their policy, or rather they’re penalizing people for dropping coverage. If someone goes a few months without coverage, then they’re going to have to pay more […]

Per CMS ruling, Individuals Must Maintain Continuous Coverage

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The Centers for Medicare and Medicaid Services (CMS) came out with some final stabilization rules. One component of the ruling now makes it more difficult to qualify for a special enrollment period (SEP). Essentially, an SEP enables people, who couldn’t get coverage or lost coverage outside of open enrollment, to enroll in a […]

CMS Requires Qualifying Documentation for Special Enrollment Periods (SEP)

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