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The health insurance industry tends to cause a lot of confusion for individuals shopping for a health plan. The primary reason for this confusion is the excessive use of acronyms! Below is a comprehensive list of healthcare acronyms: A ACA: (Patient Protection and) Affordable Care Act ACO: Accountable Care Organization […]

Terms Defined: Commonly Used Acronyms in Health Insurance

 in Health / Medicare  tagged health insurance basics / SEP / understanding aca/obamacare by
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Pay the Premium to Effectuate Your Policy In 2014 and 2015, it was generally acceptable to get a plan and not pay the first month’s premium for up to three months. Even though the payment was deferred, people would still have coverage for those first three months. However, carriers ended […]

Pay Your Premium in Order to Effectuate Your Health Insurance ...

 in Health  tagged health insurance carriers / oep / open enrollment period / SEP / special enrollment periods by
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This year has seen several carriers dropping out of the marketplace or choosing not to offer qualified, Obamacare plans. As a result, many people have lost coverage. United Healthcare, for instance, chose not to renew several clients. Additionally, both Aetna and Cigna have not renewed much of their client base. […]

ATTENTION: Carriers Are Not Renewing Clients!

 in Health / News  tagged health insurance carriers / healthcare news / SEP / special enrollment periods / understanding aca/obamacare by