Blue Shield of California will be implementing a new online payment system for their individual and family plan members in 2018. Consumers with off-exchange health plans, those bought directly from Blue Shield and not from Covered California will be transitioned to the new billing system in March … [Read More...]
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- The Medicare Medi-Cal Covered California TrapRegardless of the error, Medi-Cal updates the Covered California income section denying the non-Medicare spouse their private health insurance with the subsidy. The spouse is determined Medi-Cal eligible and their health plan is terminated. The post The Medicare Medi-Cal Covered California Trap appeared first on IMK.
- Social Security Increases and Covered California Income UpdatesBecause of the Social Security Fairness Act, Jan will receive a monthly benefit of $1,000. Unfortunately, Jan doesn’t receive the one-time lump payment for 2025 until December, too late to amend their Covered California income estimate. Jan and David must reconcile the higher annual income on their federal income tax return. The post Social Security […]
- Fire and Earthquake Natural Disaster Special Enrollment PeriodIndividuals and families have a 60-day window to enroll in Covered California, or if they are current consumers, change their health plans. If someone has lost their health insurance because of the Palisades Fire, they can enroll in Covered California, outside of Open Enrollment, by March 8. If the individual or family wants the health […]
- Health Insurance Agent’s 2024 Revenue ReviewFourteen years ago, when I changed careers to insurance, my net revenue for the first two years was zero. It wasn’t until 2014, after I had exhausted my retirement funds, that I was making enough money to pay the bills with a net income of $21,724. I never imagined my net revenue would hit six […]
- What is the Better Value, Bronze 60 or Silver 73?If all you want is the lowest total cost (MOOP plus premiums), you would opt for a Bronze plan if the premium differential is greater than $229.17 per month between the Bronze 60 and Silver 73. If the premium differential is greater than $229.17 per month with the Silver 73, the total costs of MOOP […]