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Open Enrollment – They Fixed The Family Glitch!
Since its inception in 2012, major medical coverages via the Affordable Care Act (ACA) have not been available for the dependents of employees where the employee was offered major medical insurance. In most instances the employer pays a portion or all of the health insurance premiums for employees while the employee has to bear the…
Read MoreLegislation Extends Affordable Care Act Medical Coverages For 3 Years
The United States Senate has approved the Inflation Reduction Act, a bill which will have direct effect on the 2023 costs of major medical insurance for some clients of Hurley Benefit Services LLC. The House of Representatives is expected to easily approve the bill later this week. To assist our customers with multiple health insurance…
Read MoreWhat Is Medical Cost Sharing?
Medical cost sharing plans have become extremely popular of the last ten years. Many have found the Medical cost sharing community to be a valuable alternative to health insurance. What is Medical cost sharing? Medical Cost Sharing is a peer-to-peer sharing of large unexpected medical costs through a membership based community. Every member of the…
Read MoreWhich Type of Health Insurance Is Right For You?
by W. Michael Hurley Finding the right health insurance coverage in today’s market can seem overwhelming. In general the more freedom you have to choose your doctor and hospital the more the cost, and the less freedom to choose your providers the lower the premium. Here is a brief run down of the options commonly…
Read MoreHow Does Self-Funded Health Insurance Work?
by W. Michael Hurley Over the past 20+ years I have been servicing companies with their employee benefit packages. I have personally seen the agony small employers and human resource directors trying to provide quality benefit packages. As the costs of health care continues to rise, businesses are always looking for ways to control costs…
Read MoreYoung and Healthy? Health Insurance Is More Important Than You Think…
By W. Michael Hurley In my twenty plus years of experience in the health insurance business I have heard countless reasons why some delay buying health coverage. This is especially true of young adults below the age of 30. Many in this age group fail to see the reality of just how valuable health insurance…
Read More3 Reasons Why Life Insurance Is Important
Why Life Insurance Is Important Millions of Americans have those who depend on them financially. Some are married with children or Spouse. While others have family members such as an aging Parent that need monetary help. Life Insurance provides money, also known as a death benefit to your chosen beneficiary after you die. A very…
Read MoreOpen Enrollment For Health Insurance Has Begun!
Open Enrollment For Health Insurance, November 1 2021 through January 15, 2022 The annual open enrollment for individuals and families has begun. If you do not receive healthcare through your employer or are self-employed you can now sign up through the Health Insurance Marketplace until January 15, 2022. The Marketplace was established by the federal…
Read MoreNow More Than Ever Life Insurance Makes Sense
Over the past 12 months, we have witnessed firsthand the devastation of an unplanned health crisis. Currently, the United States has seen over 570,000 people die from a virus most of us had never heard of just 18 short months ago. Personally, I have suffered through the loss of some who were dear to me.…
Read MoreLimited Benefit Health Plans… the Solution for the Self Employed?
If there is anything we can all agree on in this time of division and change it is that the health insurance system is broken. Premiums continue to skyrocket and larger and larger deductibles hit our wallets harder than ever. This is particularly true for the self employed. These hard working entrepreneurs often find themselves…
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