Short Term insurance

 

If you miss the annual Open Enrollment period (November 1 to February 1) you can stay insured during the Nap Period by purchasing Short Term health insurance. Obama era regulations limited this coverage to 91 days. A+ rated Companion Life created consecutive short term policies. With Companion’s Pivot Health plans you qualify one time for up to four 91 day policies in a row. When your first policy expires you are guarantee issued the next 91 day policy with no health questions. Short Term policies do not cover preexisting conditions and are less expensive. Click here to download the brochure.

 

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Special Enrollment

 

The 2017 ACA Open Enrollment period ended on January 31, 2017. To purchase health insurance now, one must experience a “Qualifying Life Event” and as such qualify for a “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., call us at (630) 674-1551 or click here to email us with questions.

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Accident Coverage

Since many consumers are now purchasing the PPACA “Metal” health insurance plans with high deductibles it makes great sense to purchase a Supplemental Accident plan so that you receive a cash payment ($6,000, $7,500 or $10,000) each time any member of your family suffers from an accidental injury (cuts, breaks, sprains, bruises etc). This cash payment can help you pay your health plan deductible. Scroll Down for More Information.

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Preventive Care

PPACA Bronze, Silver, Gold, and Platinum Qualified Health Plans cover a comprehensive list of preventive services without charging you a copayment or coinsurance. This is true even if you haven’t met your calendar year health plan deductible. This applies only when these services are delivered by a network provider. Scroll Down for More Information.

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Short Term or Temporary health insurance coverage

If you miss the annual Open Enrollment period you can stay insured during the Nap Period (February 1 to November 1 of each year) by purchasing Short Term health insurance. Obama era regulations limit this kind of coverage to 91 days maximum. A+ rated Companion Life insurance company responded to these onerous regulations by creating consecutive short term policies. With Companion Life you qualify one time for up to four 91 day policies in a row. When your first policy expires you are automatically issued the next 91 day policy on a guaranteed issue basis with no health questions. Short Term policies are not PPACA qualified so they do not cover preexisting conditions, as such they are much less expensive. There is no network so you can use the plan at any doctor’s office or hospital. Click here to download the plan brochure and click the logo below for quotes and more info. Contact us with questions.

 

Open and Special Enrollment periods

The 2017 ACA Open Enrollment period ended on January 31, 2017. To purchase health insurance now, one must experience a Q.L.E. – “Qualifying Life Event” and as such qualify for an S.E.P. – “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., you have up to 60 days following that event to enroll in an individual or family health insurance policy. If you miss that window, you have to wait until the 2018 ACA Open Enrollment period begins again on November 1, 2017 and ends on December 15, 2017, in which case your coverage will begin on January 1, 2018. You can however enroll in Medicaid or C.H.I.P. – Children’s Health Insurance Plan at any time of the year without a Qualifying Life Event if your income is low enough to qualify. Call us with questions at (630) 674-1551 or click here to email us.

Buying on the exchange? If you qualify for a subsidy please click the link below. You will be able to pick a plan, get your subsidy and finish the entire process faster than working solely with Healthcare.gov

subsidizedshopping

Shopping from another state? Call us toll free at (866) 724 7123 or scroll down to get quotes from carriers in your state. 

Start Shopping Now for 2017 ACA Qualified Health Plans

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Income levels necessary to qualify for federal health insurance subsidies

Determining your subsidy

Depending on what your 2017 total household MAGI – Modified Adjusted Gross Income = (after deductions but before taxes) will be, you may qualify for a significant APTC – Advance Premium Tax Credit (federal subsidy) under the new health care law to lower your premiums. You may also qualify for a Cost Sharing subsidy to lower your deductible. If your 2017 total household MAGI will be lower than:

$47,520 for an individual
$64,080 for a couple
$80,640 for a family of three
$97,200 for a family of four
$113,760 for a family of five
$130,320 for a family of six

you will be better off financially by shopping for a plan on the exchange (via Healthcare.gov) in order to receive an Advance Premium Tax Credit and/or a Cost Sharing reduction to reduce the premium and deductibles of either the Bronze, Silver, Gold or Platinum Qualified Health Plans.

Please note: If your income is lower than the 2017 Federal Poverty Level Information – 2017 FPL in your state, which is less than 138% of the FPL – Federal Poverty Level in states that expanded Medicaid and less than 100% of the FPL in states that did not.  You will be offered Medicaid will not be able to qualify for subsidized health insurance. You can purchase health insurance even if you qualify for Medicaid but you must do so without a subsidy. Click the chart below to determine the current Federal Poverty Level and percentages above it.

Please also note: If you qualify for a federal health insurance subsidy and your state has expanded CHIP – Children’s Health Insurance Plan – under Medicaid you may not be able to insure your children on your policy. Healthcare.gov will instead send them to Medicaid. You may wish at that juncture to purchase private health insurance at full price for your children instead.

 

Compare prices of medical procedures.

Compare the actual prices of medical procedures before you schedule care with Health Engine.

 

 

 

 

Get quotes from Blue Cross Blue Shield of Illinois

The 2017 ACA Open Enrollment period ended on January 31, 2017. To purchase health insurance now, one must experience a Q.L.E. – “Qualifying Life Event” and as such qualify for an S.E.P. – “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., you have up to 60 days following that event to enroll in an individual or family health insurance policy. If you miss that window, you have to wait until the 2018 ACA Open Enrollment period begins again on November 1, 2017 and ends on December 15, 2017 in which case your coverage will begin on January 1, 2018. You can however enroll in Medicaid or C.H.I.P. – Chidren’s Health Insurance Plan at any time of the year without a Qualifying Life Event if your income is low enought to qualify. If your income is low enough to qualify. Call us at (630) 674-1551 or click here to email us with questions.

 

Get quotes from Blue Cross Blue Shield of  Texas

The 2017 ACA Open Enrollment period ended on January 31, 2017. To purchase health insurance now, one must experience a Q.L.E. – “Qualifying Life Event” and as such qualify for an S.E.P. – “Special Enrollment Period”. Examples of QLE’s are losing employer sponsored health insurance, moving, getting married or divorced and having a baby or adopting a child. If you qualify for an S.E.P., you have up to 60 days following that event to enroll in an individual or family health insurance policy. If you miss that window, you have to wait until the 2018 ACA Open Enrollment period begins again in November of 2017, in which case your coverage can not begin until January 1, 2018. You can however enroll in Medicaid or C.H.I.P. – Chidren’s Health Insurance Plan at any time of the year without a Qualifying Life Event if your income is low enought to qualify. If your income is low enough to qualify. Call us directly with questions at (866) 724-7123 or click here to email us.

 

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Wisconsin plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Indiana plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

 

Click the logo to shop for Anthem Blue Cross Blue Shield of Missouri plans for you and your family. Once you click the logo scroll to the bottom of the first page to search for doctors and hospitals that are in the Anthem Blue Cross network. Dental and Vision plans are also available by clicking on the logo to the left. Call us toll free at (866) 724-7123 for guidance.

 

 

You will owe a non compliance ‘fine’ to the IRS for not having qualified health insurance.
You will be subject to a 2.5% of your MAGI – Modified Adjusted Gross Income – ‘fine’ (TAX) for not having qualified health insurance or for purchasing non qualified Temporary or Short Term health insurance since these plans do not include the “essential health benefits” under the PPACA “Obamacare”.

Rest assured though, if you are self employed and do not over pay your taxes you will not pay that ‘fine’ (TAX) for the only recourse the IRS has to collect that fine is to hold your tax refund. All criminal penalties for non compliance were removed from the health care law prior to passage.

If you don’t have qualified health plan coverage in 2016, you’ll pay the higher of these two amounts:

  • 2.5% of your yearly household income. (Only the amount of income above the tax filing threshold, about $10,000 for an individual, is used to calculate the penalty.) The maximum penalty is the national average premium for a bronze plan.
  • $695 per person for the year ($347.50 per child under 18).
  • There are maximum penalties for individuals and families. They are significant. To determine your maximum penalty click here.

Medicare Supplemental coverage

If you’re over 65 or nearing that age and are looking for information and multiple free quotes on plans that will cover your Medicare deductibles and other out of pocket expenses. Visit our Medicare Supplement page

Life Insurance

Visit the Life Insurance page of our website for Term Life insurance quotes from all carriers.

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