Health Reimbursement Accounts (HRA, also known as Health Reimbursement Arrangements) and Health Savings Accounts (HSA) sound very similar, but there are some significant differences between the two. Below, your trusted California health insurance agent discusses the differences and benefits of HRAs and HSAs. A Health Reimbursement Account is entirely employer-funded …
How Can I Keep Health Care Costs Down?
Medical costs can quickly add up, and managing these costs is important in order to prevent financial problems, down the line. Thankfully, there are plenty of ways to keep healthcare costs down—below we’ll highlight things you can do to manage costs. Preventive Care –– The importance of preventive care cannot …
Find Out Your Options by Using the California Health Insurance Exchange
The California Health Insurance Exchange was created as the result of the Affordable Care Act. In fact, California was the first state to set up the required exchange once the bill was passed and became law. The purpose of the exchange is to help individuals, families, small business owners, and …
What Is a Health Savings Account (HSA) and What Are the Benefits?
You may have heard about a Health Savings Account (HSA) and wondered what exactly it is and how it works. Below, your trusted California health insurance agent highlights the benefits of an HSA for everyday consumers. A Health Savings Account allows you to set aside money for qualified healthcare expenses …
Kinks with Covered California Still Ongoing, But Enrollment Numbers Are Strong
Covered California, the health insurance exchange created in California as part of the Affordable Care Act, has had its fair share of problems in the last six months. The site had multiple technical issues after enrollment began in October 2013 that prevented consumers from enrolling. Reports of understaffed and uninformed …
Enrollment Numbers Are In for Covered California
April 15, 2014 was the final (extended) deadline to enroll in a plan through California’s state-run health insurance exchange, Covered California, and the enrollment numbers as of the enrollment deadline are in. Nearly 1.4 million people enrolled in Covered California, and 88% of these individuals are eligible for cost-sharing subsidies …
Have Peace of Mind by Obtaining Family Health Insurance Coverage
It can be difficult supporting your family and providing for all of their needs. Not only do you have to take time to prepare meals, attend school events, and buy clothing, you also want to make sure you are able to deal with any unexpected emergencies. Any time accidents occur, …
More Than 7 Million Enrolled for Coverage through Healthcare Marketplace
In early April, Health and Human Services (HHS) Secretary Kathleen Sebelius reported that at least 7.5 million had enrolled in health coverage through the Marketplace. At the time, that was still rising, according to Sebelius. The final weeks and days before the deadline saw huge numbers of last-minute enrollees in …
Can I Still Get Health Coverage Outside the Covered California Open Enrollment Period?
Open enrollment for Covered California health plans has come and gone; however, some people may qualify for special enrollment, including those who have a “qualifying life event” or have experienced a complex situation related to applying in the Marketplace. Below, your trusted California insurance agent explains some of the qualifying …
Learn More about the Affordable Health Care for America Act and How It Affects You
In 2010, the United State Congress and President Barack Obama passed a new healthcare law called the Patient Protection and Affordable Health Care Act, which is sometimes referred to as the Affordable Health Care for America Act. Under the new law, people have the freedom and flexibility of complete control …