10 Reasons Health Insurance Premiums Increase
Every policyholder dreads this scenario. Your health insurance company sends a letter in the mail, informing you that your premiums have gone up for yet another year. You thought you’ve been using your policy modestly (but still getting use out of it), so why does this happen? Age – Insurance companies may charge older policyholders…
Anthem, ConnectiCare, Golden Rule Plan to Increase Health Insurance Rates in CT
At the end of July, the Connecticut Mirror reported on a Connecticut Insurance Department public hearing, where customers may voice their opinions about rate increases. For some background, when insurance companies in Connecticut decide to bump up premiums, the state can reject the increase for three possible reasons: if it’s not sufficient, if it appears…
What is a Health Savings Account? Do I Need One?
A Health Savings Account or HSA is a tax-advantaged savings account used specifically for medical purposes that is available to people who are enrolled in high-deductible health plans. Health Savings Accounts work similar to a 401k due to the fact that any money put into the account is done so out of your paycheck before…
Obamacare Changes for 2015
Starting after New Year’s Day there will be changes implemented to Obamacare. Many people are not fond of this, and rightfully so. Having to deal with frequent insurance changes is not something someone wants to do, especially year after year. When you signed up for you insurance last year, how long did you wait? If…
Ready, Set, Grow. Its Time for Movember
The month of November as of the past few years has been known as “Movember”, or more commonly referred to as no shave November. This trend is similar to how October is breast cancer awareness month, but instead of showing off pink ribbons, men all over the world grow mustaches because that’s the manlier thing…
