insurance and government

David Russell, one of Empower Brokerage’s Regional Sales Directors, answers the question, “What is COBRA health insurance?” COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. What COBRA health insurance does is it gives workers and their families who lose health benefits the right to choose to continue their group […]

What Is COBRA Health Insurance?

 in Health  tagged COBRA / health insurance basics / healthcare providers / insurance and government / SEP by
New Executive Credentials for Across State Sales Not long ago, President Trump released a statement which should have all insurance sellers at the edge of their seats. “I’ll probably be signing a very major executive order where people can go out across state lines, do lots of things, and buy […]

President Trump’s Executive Order Permitting Health Insurance Sales Across State ...

 in Health  tagged health industry changes / insurance and government / insurance industry changes / insurance news by
  Cost Sharing Reductions When it comes to cost sharing reductions, we’re talking about the Affordable Care Act, which is also referred to as the marketplace or Obamacare. Basically, cost-sharing reductions apply to those with a low income (household income). Now that’s subjective, but the government built a chart for that […]

Cost Sharing Reductions: How to Receive Aid for Insurance Costs

 in Health  tagged aca / insurance and finances / insurance and government / poverty / tax season by
The effort to repeal and replace Obamacare stopped earlier this week with the support of Republicans senators. GOP senators rejected Senate Majority Leader Mitch McConnell’s latest draft bill to replace the majority of Obamacare. Senator McConnell, conceded Monday night that “the effort to repeal and replace the failure of Obamacare […]

Will the Government Ever Repeal and Replace Obamacare?

 in Health  tagged aca / insurance and government / understanding aca/obamacare by
Currently, the Senate works on applying changes to the Better Care Reconciliation Act. The bill has many areas in need of improvement due to contention with former laws passed by the ACA. Among some of the areas causing friction are the gradual elimination of ACA’s Medicaid expansion; the size and […]

The Better Care Reconciliation Act Awaits Further Changes Until the ...

 in Health  tagged aca / healthcare news / insurance and government / understanding aca/obamacare by
The Problem: Rising Health Insurance Rates With June now upon us, it is officially the rate-setting season. It’s the time of year when health insurers tell state and federal regulators how much they plan to charge for premiums next year. However, as of now, the Trump administration has yet to […]

How to Combat Rising Health Insurance Rates in 2017-2018

 in Health  tagged health industry changes / insurance and finances / insurance and government / insurance news by