florida health reform
Don’t Be Stupid, Make Sure You go with an A Rated Carrier
Browsing around today’s paper I came upon an article detailing how the FTC was trying to shut down CHBA(Consumer Health Benefits Association) for selling phone Florida Health Insurance or worse discount plans. This coming only weeks after the banning the sales of AIM Health Plans.
Just who exactly are buying these plans? The same people who go to McDonald’s each day and then wonder why they are putting on a few pounds.
Listen if your financial future is dependent on any of these carriers; Team Corp, New Era, Assurant Health Access, Health Option One, Mega Life, Midwest National, United American etc run for the hills. These plans are glorified discount plans and will put you in poor house or bankrupt. Please make sure you speak with a licensed broker who only deals with A Rated Carriers through AM Best.
To learn more about Florida health insurance, visit http://www.floridahealthcareinsurance.com/.
Want an Honest Quote on Health Insurance Ask for a Pre-Screen
When shopping for Florida Health Insurance it is easy to find several quotes from various carriers within minutes. However a question you should ask yourself is are the quotes accurate?
According to Evan Tunis of Florida Healthcare Insurance, “In most cases quotes online are only quoting individuals with optimal height/weight and who have no hospitilizations or medication. If you have any of these factors the quote will not be accurate.
Tunis advises for all clients to ask for a pre-screen from a broker who represents all the major carriers.
“A Pre-Screen” is a likely outcome for a client based upon an underwriter looking at a potential customer. The pre-screen will determine if a client will be considered standard, denied, rated up or have certain things excluded.
It is important before any policy is submitted to have a pre-screen done so you know exactly how much to budget for a Florida medical plan.
Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insurance, visit http://www.floridahealthcareinsurance.com/.
Expect Longer Underwriting Times for Florida Health Insurance
A few years back Florida Health Carriers were bragging about how quickly health applications were being underwritten. For example is was quite common for an application written on Monday to be approved by Wednesday.
However due to Health Reform this is changing. Due to healthcare reform carriers are not allowed to rescind any policies in except for cases of fraud.
What does that mean for you? It means if you need Florida health insurance an application should be started at least 6 weeks before the effective date.
Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insurance, visit http://www.floridahealthcareinsurance.com/.
Quick Ways to Save on Florida Health Insurance
- Have Previous Insurance: Many carriers charge quite a bit less if you have previous florida health insurance. For example if you are considering a United Health One policy you will save 7% if you have previous health insurance. This can include a short term medical plan or even a discount plan.
- Switch from Brand Name to Generic Medication: If you are applying for new medical insurance and take brand name medication you will pay signifigantly more then if you take generic medication. Several carriers will not rate you up if you take generic medication however all will raise your rates if you take expensive brand name medications.
- Go with a Higher Deductible: Rates drop dramatically when you move from a $1,000 deductible to a $2,500 or even $5,000 deductible. In addition with the savings you can apply for an accident insurance or critical illness policy that will pay all of your deductible.
Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insurance, visit http://www.floridahealthcareinsurance.com/.
Florida Health Insurance Rates Expected to Rise
With Healthcare Reform already passed an unexpected consequence has begun to occur: the rising of health insurance premiums. Beginning in January of 2011 all carriers are required to have their medical loss ratio(MLR) be equal to 80%.
What does this mean for the consumer? Carriers need to make up for you loss of profit and since guaranteed issue Florida health insurance won’t occur till 2014 this is one of the few options carriers have.
So if you are thinking about getting health insurance or want to see if you can get a cheaper plan it is better to act sooner rather than later.
For more information call Evan Tunis at 800.946.3157.
Evan Tunis is with FloridaHealthcareInsurance.com, the leading provider of Florida health insurance quotes. To learn more about Florida health insurance, visithttp://www.floridahealthcareinsurance.com/.
Why you need Life Insurance Today
If you just about hit delete when you saw the title, HANG ON, I’m really serious about this for a very good reason. Prices for (meaning the premiums you pay) on term or non-permanent life insurance have plummeted just about 70% since they hit an all time high in the mid-90s. This trend just started to reverse and sneak up about 5% to 10% at the beginning of the year.
Wondering why the rates fell in the first place and if they could just stay down? Well, for term life insurance, the rates dropped for a number of reasons and the major one is that we’re living longer. If you outlive your term (number of years) the policy expires and you get paid absolutely nothing. What happened was that more people lived longer and their money went to the insurance company. When the insurance company made more money, they lowered their rates – a bonus to you.
Another reason term insurance premiums dropped is thanks to the Internet. Online shoppers started doing price comparisons while they were at home. Good for the shopper, but not so good for the insurance company who was losing business to the competition. The prices started coming down to be competitive which in the long run benefited everyone.
And the last reason why prices fell is linked to the stock market. What? At one time stock prices were fantastic and they aren’t now. What do stock prices have to do with insurance premiums? When insurance companies make money, they invest it. Their returns on investments offset insurance costs – or they have until the boom went bust. During the boom, insurance companies made money and that meant they could charge lower premiums. Since the stock market isn’t so attractive these days, premiums are starting to rise. The offset money has to come from someplace.
And here is what you need to know to make an informed decision about life insurance: the prices are at an all time low, but about to start going back up. To get what you need now would cost you less than if you waited. I’m here to answer your questions. Call me and we’ll talk.
To Your Health,
Evan Tunis
Florida Healthcare Insurance
561.637.8162/800.946.3157
evan@floridahealthcareinsurance.com
What exactly does an Exclusion Rider mean for my policy?
When shopping for Florida Health Insurance it is important to understand what is means if you are given an exclusion rider.
An exclusion rider means a certain area ex. (knee) will not be covered under an individual insurance policy. Exclusion riders will not cover any injury or illness that is associated with the problem area.
It is always recommend to never get a plan that will have an exclusion riders.
To learn more about Florida health insurance, Florida health insurance quotes, Florida life insurance,Florida life insurance quotes, Florida group health insurancevisit Floridahealthcareinsurance.com.
How Health Insurance Reform will Affect Florida Residents
Since yesterday night we have been receiving calls on just how the new health reform will effect Florida Residents. Here are a few questions and answers.
Will the new law cover pre-existing conditions? The good news is yes it will. However if you are looking for a plan today, keep waiting we are looking at the year 2013 at a minimum for a major medical to cover pre-existing conditions.
Will there be lifetime limits on my new policy? The short answer is NO. All policies will have no lifetime limit.
If you have any questions regarding the reform or would like a quote on a new policy please call us at 800.946.3157.
To Your Health,
Evan Tunis
800.946.3157/561.201.8387
evan@floridahealthcareinsurance