The History of (COBRA)

The History of (COBRA) The Consolidated Omnibus Budget Reconciliation Act (COBRA) stands out as a monumental piece of American legislation in the realm of healthcare. Its journey through conception, enactment, and subsequent evolution presents a captivating narrative of addressing health coverage gaps and navigating political landscapes. Origins: The seeds of COBRA were sown in the…

mental health

Mental Health & Substance Abuse Coverage

Mental Health & Substance Abuse Coverage: Understanding Your Options Mental health and substance abuse are crucial aspects of overall well-being, yet access to quality and affordable treatment can be a challenge. Fortunately, many health insurance plans now offer coverage for mental health and substance abuse services, thanks in part to parity laws that mandate equal…

ACA Refunds & Employer Contributions

ACA Refunds & Employer Contributions The statement about the Affordable Care Act (ACA) refunding employer contributions up to a certain percent is partially accurate but requires clarification. Here’s what’s important to understand: 1. The ACA doesn’t directly refund employer contributions: While the ACA provides various mechanisms for employees and individuals to receive premium subsidies or…

Medicare employers

Medicare and Employer Coverage

Medicare and Employer Coverage If you’re working after age 65 and have health insurance through your employer, you might be wondering how it works with Medicare. The good news is that you can have both Medicare and employer coverage, and they can work together to provide you with the comprehensive healthcare coverage you need. Here’s…

Medicare Open Enroll

2 Days Left for Medicare Open Enrollment!

2 Days Left for Medicare Open Enrollment! Medicare Open Enrollment is your chance to review your current Medicare coverage and make changes for the following year. This includes: Switching Medicare Advantage plans Adding or dropping Medicare Part D prescription drug coverage Joining a Medicare Advantage plan for the first time The Open Enrollment period for…

Only 6 Days Left to Enroll for Medicare

Only 6 Days Left to Enroll for Medicare Don’t Miss Out on Your Coverage! If you’re eligible for Medicare, you have only 6 days left to enroll in Part B and Part D coverage. This is the final chance to enroll in these plans for 2024. If you miss the deadline, you’ll have to wait…

cigma

Cigma & Humana Merger

Cigma & Humana Merger Cigna and Humana are two of the largest health insurance companies in the United States. In December 2022, they announced plans to merge, creating a company with over 150 million members and $200 billion in annual revenue. The merger is expected to close in 2023, pending regulatory approval. Benefits of the…