“We made insurance its own category on this year’s Fintech 50 list. Why? It’s hot. Global funding for insurtech companies jumped from $4.4 billion (410 deals) in 2018 to $6.8 billion (476 deals) last year, according to Accenture. There are full-blown digital carriers and next generation virtual brokers. The aim is to close policies online, not by talking to a human agent at a call center.
Posts Tagged ‘application’
The Future Of Insurance: Fintech 50 2020
Friday, February 14th, 2020Hospitals to list service prices starting January 1 due to new federal rule
Thursday, January 3rd, 2019“TAMPA, Fla. — Starting next Wednesday, hospitals will be required to post master lists of prices for their services online.
4 Surprising Things Medicare Doesn’t Cover (and How You Can Pay for Them)
Wednesday, March 8th, 2017“Medicare covers more than 54 million beneficiaries, around 77% of whom are happy with their insurance. Yet this vital social program doesn’t cover every single beneficiary’s needs. If you’re covered by Medicare, or will be soon, it’s important to understand both its benefits and its limitations.
Medicare Part A pays for inpatient hospital care, skilled nursing care, hospice care, and home healthcare. Part B covers 80% of most routine care, but many Medicare recipients eventually experience a health need Medicare won’t cover. It helps to know what kinds of things Medicare won’t pay for and plan ahead for costs.
2016 Healthcare.gov Help
Thursday, October 29th, 2015Open enrollment period for 2016 is November 1st, 2015 to January 31, 2016. You must sign up before December 15, 2015 to get a January 1, 2016 start date.
Enrolling though Healthcare.gov can be very difficult and confusing to do by yourself. When you call them directly, their help line is usually not helpful and has just as hard a time as you did. Let The Eriksen Insurance Group help. Having done hundreds of applications on the Healthcare.gov’s system, we know the best, most accurate way to get you the subsidy you deserve.
It is best to have already picked out the plans you want to buy before starting the Healthcare.gov application, as this will allow the entire application to be processed in one go. This page has detailed instructions to get your account ready on Healthcare.gov and get you too a place where we can take over and finish the enrollment correctly.
Steps for enrollment on Healthcare.gov
Already have an account:
- Get your log in information together
- Make sure your password still works (if it has been a while you may need to reset your password)
- Once you know you can log in, contact Eriksen Insurance and we can help you fill out your 2016 application over the phone
Need a new account:
- Use this Link to go to the account creation page
- Create a log in
- Within about an hour you will receive an email, click on the link in that email to activate your account
- STOP
- Contact Eriksen Insurance and we can take it from there
Employer Paid Individual Health Insurance Policies Create the Potential for Significant Penalties, but Limited Relief is Available
Thursday, June 25th, 2015“Despite guidance from the Internal Revenue Service (“IRS”), the Department of Labor (“DOL”) and the Department of Health and Human Services (“HHS”) indicating the prohibition of the practice under the Affordable Care Act (“ACA”), some employers continue to reimburse employees for health insurance premiums. This practice could lead to thousands of dollars in penalties.
Notice 2015-17 is the IRS’ most recent guidance on such arrangements, reaching the same conclusions. It also, however, provides welcome penalty relief for certain employers.
Still need to send documents to the Marketplace? If you get a letter this week, time is running out.
Wednesday, September 3rd, 2014“We’ve been reaching out to some of you by mail, email, and phone if some information you gave us on your Health Insurance Marketplace application doesn’t match the data we have on file. It’s important that you submit the documents we need so we can help you stay covered through the Marketplace and keep any help you get with premiums and cost-sharing.
We know you’re listening because we’re getting thousands of documents every day and are working around the clock to review these documents to confirm you are eligible for Marketplace coverage. If you’ve mailed or uploaded documents already, we’ll let you know as soon as we’ve finished reviewing them.
If you’ve been getting reminder calls, letters and emails from us, but still haven’t submitted the documents we are asking for, now is the time. Beginning this week, some of you will get a warning notice in the mail telling you that September 5, 2014 is your last deadline to submit these documents.
The Obama Admin Just Exempted US Territories From Obamacare
Wednesday, July 30th, 2014“The Obama administration issued yet another waiver to get out of Obamacare — for all the U.S. territories.
The exemption, posted Thursday on a Department of Health and Human Services website, frees U.S. territories from a host of Obamacare regulations on health insurance markets. The territories already weren’t subject to much of the health care law — the individual mandate doesn’t apply to the territories and premium subsidies aren’t available.
