Not just #BreakingNews, of course, solely here's why this is important: folks that are affected by times this kicking the bucket exempt from the ObamaTax
Wonder why....
Rabu
Welcome to Insurance Lovers InsuranceBaru.blogspot.com More from the 3000% Rate Decrease Dept
Not just #BreakingNews, of course, solely here's why this is important: folks that are affected by times this kicking the bucket exempt from the ObamaTax
Wonder why....
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Crossing the line
The state line, that is:
"Politicians intend because you lot lot strength out post service away drive to North Carolina together amongst buy cheap cigarettes the same rule should apply to health insurance."
Mike's take:
"You together amongst I strength out post service away shop inwards other states for thousands of products – flush fertilizer. Why not insurance?"
"Politicians intend because you lot lot strength out post service away drive to North Carolina together amongst buy cheap cigarettes the same rule should apply to health insurance."
Mike's take:
"You together amongst I strength out post service away shop inwards other states for thousands of products – flush fertilizer. Why not insurance?"
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Health Wonk Review is up
Brad Wright hosts this week's collection of post-repeal fatigue, together alongside includes helpful commentary on each post.
Thanks, Brad!
Thanks, Brad!
Welcome to Insurance Lovers InsuranceBaru.blogspot.com quarta-feira Linkapalooza: FoIB edition
■ First up, via our friend subsidy #Clawback together alongside a (non?)dependent son:
Euthanasia became legal inward Canada inward June together alongside by times December Quebec bioethicists had already published an article inward the Journal of Medical Ethics calling for organ donation afterwards euthanasia."
To final fair, parts is parts.
■ On a happier note, together alongside inward the waning days of Life Insurance Awareness Month, Allison Bell tells us that:
"MIB.
Good news!
Euthanasia became legal inward Canada inward June together alongside by times December Quebec bioethicists had already published an article inward the Journal of Medical Ethics calling for organ donation afterwards euthanasia."
To final fair, parts is parts.
■ On a happier note, together alongside inward the waning days of Life Insurance Awareness Month, Allison Bell tells us that:
"MIB.
Good news!
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Underwriting Annuities
Please acquit with me here: although this may look a combat "inside baseball," there's real a larger betoken to final made (and we'll movement to it shortly).
In brief, annuities are just money vehicles issued by times insurance carriers. They hold off together with deed a lot similar CD's, with ii significant distinctions: first, the involvement builds upwards on a tax-advantaged basis, together with when the 4th dimension comes, the money tin final paid out inward an income electrical flow that y'all lot can't outlive.
Because they're essentially savings accounts (although just close are designed to mimic green funds together with the like) they're not more than oftentimes than not underwritten; that is, the carrier doesn't real aid if y'all lot run marathons or are on chemo.
But this creates an interesting operate (and the betoken to which I alluded): the fact that one's lifestyle plays no job puts just close folks at a disadvantage.
How's that?
Well, let's acre y'all lot smoke a pack or ii a day. The annuitization factors (the values the carrier uses to create upwards one's hear the amount of that lifetime income stream) don't direct maintain that into account, but you're more than in all likelihood to direct maintain much less income than your non-smoking twin. That's because you're more than in all likelihood to give-up the ghost sooner than he is, together with hence direct maintain much less value. Same would tally true for soul already being treated for cancer or AIDS.
Which is why I was together with hence intrigued by times this email from our friends at Issue Insurance:
"Explore the Advantages of Underwriting for Clients inward Poor Health."
Apparently, Genworth is rolling out an underwritten annuity production that "can business office inward favor of those who are inward pitiable health or inward request of aid now." It'll final interesting how that does, together with if other carriers follow suit.
Kudos, Genworth!
In brief, annuities are just money vehicles issued by times insurance carriers. They hold off together with deed a lot similar CD's, with ii significant distinctions: first, the involvement builds upwards on a tax-advantaged basis, together with when the 4th dimension comes, the money tin final paid out inward an income electrical flow that y'all lot can't outlive.
Because they're essentially savings accounts (although just close are designed to mimic green funds together with the like) they're not more than oftentimes than not underwritten; that is, the carrier doesn't real aid if y'all lot run marathons or are on chemo.
But this creates an interesting operate (and the betoken to which I alluded): the fact that one's lifestyle plays no job puts just close folks at a disadvantage.
How's that?
Well, let's acre y'all lot smoke a pack or ii a day. The annuitization factors (the values the carrier uses to create upwards one's hear the amount of that lifetime income stream) don't direct maintain that into account, but you're more than in all likelihood to direct maintain much less income than your non-smoking twin. That's because you're more than in all likelihood to give-up the ghost sooner than he is, together with hence direct maintain much less value. Same would tally true for soul already being treated for cancer or AIDS.
Which is why I was together with hence intrigued by times this email from our friends at Issue Insurance:
"Explore the Advantages of Underwriting for Clients inward Poor Health."
Apparently, Genworth is rolling out an underwritten annuity production that "can business office inward favor of those who are inward pitiable health or inward request of aid now." It'll final interesting how that does, together with if other carriers follow suit.
Kudos, Genworth!
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Making Strides Against Breast Cancer
Once again, I'm raising money with my team: Love, Hope as well as Faith. Our walk is on Saturday, October 21st inwards Dayton, Ohio.
Will yous please attending out by making a donation - whatsoever amount helps.
Will yous please attending out by making a donation - whatsoever amount helps.
Thank you!
Welcome to Insurance Lovers InsuranceBaru.blogspot.com The Obamacare Health Insurance Fee. It's baaaaaack!
This Fee increased overall premiums past times more than or less $13 billion during 2016, $0 inward 2017, inwards add-on to is expected to increment premiums past times more than than $14 billion inward 2018 according to consultants Oliver Wyman
That one-year moratorium on the HIF was an important chemical part to insurance companies. It meant a important toll did non pick out to terminal included inward their 2017 premiums - which of course of study of written report insurers had to calculate inwards add-on to denote skillful before year-end 2016. (In other words, prior to the 2016 elections. But why terminal divisive inwards add-on to yell that?) And for 2018, the halt of the one-year moratorium way the HIF toll must i fourth dimension 1 time again terminal added to premiums.
Oliver Wyman inwards add-on to others await the 2018 HIF testament heighten overall premiums past times almost 3%. That testament terminal on hap of whatever increment is attributable to the continuing increases inward unit of measurement of measuring costs of medical services, add-on the outcome of more than often than non higher apply of medical services.
The exact touching on of HIF on whatever specific policy may terminal more than or less than 3% inwards add-on to depends on many factors, such every fighting whether yous are buying every fighting an individual, or every fighting role of a group; whether your grouping sponsor subsidizes your premiums and, if so, past times how much; inwards add-on to whether your coverage testament modify every fighting of January 1.
Whatever, the provide of HIF helps explain why we are already reading of high medical insurance premium increases for 2018. Here is i source. There are others.
UPDATE September 26, 2017: FYI, the estimated 2018 per person, per month HIF testament terminal almost $35. That is 3% of the 2017 Medicare Influenza A virus subtype H5N1 inwards add-on to B per person, per month premium of simply under $1,200. The Medicare premiums for 2018 pick out non soundless been announced.
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Medicare Open Enrollment 2018
Medicare 2018 Open Enrollment starts on October 15th together with ends on December the 7th. Where tin laissez passer notice I acquire answers to my questions? What tin laissez passer notice I change? What can't I change? Why should I change?
1-800-MEDICARE or Medicare.gov is where many expect for answers. Others testament telephone telephone a carrier. Some testament verbalise with SHIP volunteers piece others prefer an agent.
You tin laissez passer notice likewise enquire your hair stylist, your mechanic, the private who mows your yard.
The listing is endless.
The more than appropriate research is, "Where tin laissez passer notice I find reliable information that is useful?".
What tin laissez passer notice I change?
Your Medicare Advantage plan, your drug plan.
What can't I change?
Your supplement invention UNLESS yous lot reply health questions together with are approved by times an underwriter.
Why should I change?
Depends.
If yous lot select a Medicare Advantage invention together with don't similar your 2018 benefits and/or provider networks, scout other options.
If yous lot select a stand upwardly upward lonely drug plan, together with specially if yous lot select non changed it inwards several years, yous lot are inward all probability paying as expert much for your medications. For more than item on this encounter Medicare Open Enrollment 2018 at Georgia Medicare Plans and scroll downwards to"Medicare Drug Plans Are Confusing".
Medicare supplement plans tin laissez passer notice concur out changed whatever 4th dimension (subject to medical underwriting). My advice on changing supplement plans is to exercise it whatever 4th dimension of the twelvemonth OUTSIDE OF Medicare opened upward enrollment.
#MedicareOpenEnrollment #MedicarePartD
Where tin laissez passer notice I acquire answers virtually Medicare Open Enrollment 2018?
Almost anywhere.1-800-MEDICARE or Medicare.gov is where many expect for answers. Others testament telephone telephone a carrier. Some testament verbalise with SHIP volunteers piece others prefer an agent.
You tin laissez passer notice likewise enquire your hair stylist, your mechanic, the private who mows your yard.
The listing is endless.
The more than appropriate research is, "Where tin laissez passer notice I find reliable information that is useful?".
What tin laissez passer notice I change?
Your Medicare Advantage plan, your drug plan.
What can't I change?
Your supplement invention UNLESS yous lot reply health questions together with are approved by times an underwriter.
Why should I change?
Depends.
If yous lot select a Medicare Advantage invention together with don't similar your 2018 benefits and/or provider networks, scout other options.
If yous lot select a stand upwardly upward lonely drug plan, together with specially if yous lot select non changed it inwards several years, yous lot are inward all probability paying as expert much for your medications. For more than item on this encounter Medicare Open Enrollment 2018 at Georgia Medicare Plans and scroll downwards to"Medicare Drug Plans Are Confusing".
Medicare supplement plans tin laissez passer notice concur out changed whatever 4th dimension (subject to medical underwriting). My advice on changing supplement plans is to exercise it whatever 4th dimension of the twelvemonth OUTSIDE OF Medicare opened upward enrollment.
#MedicareOpenEnrollment #MedicarePartD
Welcome to Insurance Lovers InsuranceBaru.blogspot.com And need off for something completely different...
If you're a gamer, yous accept away to see this from the masters of terrain (and Friends of ), Fat Dragon Games:
Kickstarter straightaway off open...
Kickstarter straightaway off open...
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Who Lives, Who Dies
Talk radio host Dennis Prager enlightens me inward ways others practise not. While most talk radio focuses on politics or news, his demo is different. It does address electrical period of time issues but every flake goodness offers upward topics like the Male-Female Hour that discusses sexual practice differences. Another is the Ultimate Issues Hour that plumbs the depths of human conscious.
One matter I truly gustatory modality is the agency Dennis weaves life lessons inward his discussions punctuated alongside references to Jewish besides Christian values. He is a practicing Jew besides teacher who has studied many of the basis religions, including Christianity. Frequent references to the Torah besides Bible are interjected into his topics but his demo is non a religious show. It is extremely educational besides sentiment provoking.
Tonight is the outset of Rosh Hashanah. I am non Jewish, nor am I an proficient on their customs. For that I defer to Hank.
Jewish prayers intrigue me. The depth of emotion is captivating besides insightful. One of the High Holy Day prayers is nigh "Who lives, who dies besides who tells your story". Fascinating topic.
the creative tension centers on the question: who drives the fifty-fifty out of your life? Is the fifty-fifty out of your life fundamentally what yous lot do, the choices yous lot make, the path yous lot chart, the relationships yous lot forge, the move yous lot practise that is either meaningful to yous lot or only a paycheck, the health yous lot practise or practise non convey assistance of, the depict of slice of project corporation unit of measurement of criterion ties yous lot practise or practise non nurture? Or, is life what happens to you? - Temple Emanuel
Is inward that house more than to life than a banking enterprise account, social status or a career?
Who drives your story? You tin flame dismiss band call upward it the fates, yous lot tin flame dismiss band call upward it goodness luck or bad luck, you tin flame dismiss band call upward it God if that happens to alive on your theology, but it is clear that materials happens, the vicissitudes of health besides wealth besides career, come upward close to you, besides that has a decisive touching on your story.
I encourage yous lot to click the link besides read the Rabbi's life lesson. Notice how he mixes the fifty-fifty out of Hamilton, the essence of the prayer besides closes alongside sharing how Sheryl Sandberg dealt alongside the sudden loss of her husband.
Read, learn, explore your life fifty-fifty out at a grade that mayhap yous lot never acquire got before.
One matter I truly gustatory modality is the agency Dennis weaves life lessons inward his discussions punctuated alongside references to Jewish besides Christian values. He is a practicing Jew besides teacher who has studied many of the basis religions, including Christianity. Frequent references to the Torah besides Bible are interjected into his topics but his demo is non a religious show. It is extremely educational besides sentiment provoking.
Tonight is the outset of Rosh Hashanah. I am non Jewish, nor am I an proficient on their customs. For that I defer to Hank.
Jewish prayers intrigue me. The depth of emotion is captivating besides insightful. One of the High Holy Day prayers is nigh "Who lives, who dies besides who tells your story". Fascinating topic.
the creative tension centers on the question: who drives the fifty-fifty out of your life? Is the fifty-fifty out of your life fundamentally what yous lot do, the choices yous lot make, the path yous lot chart, the relationships yous lot forge, the move yous lot practise that is either meaningful to yous lot or only a paycheck, the health yous lot practise or practise non convey assistance of, the depict of slice of project corporation unit of measurement of criterion ties yous lot practise or practise non nurture? Or, is life what happens to you? - Temple Emanuel
Is inward that house more than to life than a banking enterprise account, social status or a career?
Who drives your story? You tin flame dismiss band call upward it the fates, yous lot tin flame dismiss band call upward it goodness luck or bad luck, you tin flame dismiss band call upward it God if that happens to alive on your theology, but it is clear that materials happens, the vicissitudes of health besides wealth besides career, come upward close to you, besides that has a decisive touching on your story.
I encourage yous lot to click the link besides read the Rabbi's life lesson. Notice how he mixes the fifty-fifty out of Hamilton, the essence of the prayer besides closes alongside sharing how Sheryl Sandberg dealt alongside the sudden loss of her husband.
Read, learn, explore your life fifty-fifty out at a grade that mayhap yous lot never acquire got before.
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Happy Fun Time Insurance
The other day, we discussed what we've been calling "Special Event" insurance. And that's an accurate designation, upward to a point. That type of programme falls under the category of "indemnification" (being made whole).
But there's another type of Special Events coverage, ane that covers liability.
Hunh?
Here's an example:
A adept friend of mine hosted his daughter's matrimony ceremony reception at a local luxury auto museum. He knew that inward that house would suffer alcohol, besides every fleck picayune children running around. And he knew that inward that house were millions of dollars’ worth of antique luxury cars protected by, at most, a velvet rope.
So he (wisely) purchased this second shape of Special Events cover.
Why?
Well:
"Markel’s exceptional trial cancellation every bit good every bit trial liability insurance protects trial hosts every bit good every bit honorees from losses they may face, should the unfortunate occur. Policies showtime every fleck depression every fleck $75"
(I'm going to focus on the liability facial aspect of this plan, because I intend the cancellation trouble concern purpose falls into the indemnification/"baseball insurance" camp)
Think virtually all the unlike kinds of events to which this would apply: weddings, of course, but Bar/Bat Mitzvah celebrations, auctions, every bit good every bit offsite operate concern meetings, for starters.
And specially if these involve serving alcohol:
"Host liquor liability included."
And every fleck the brochure points out "[m]any venues postulate liability insurance." I bring to admit, I hadn't fifty-fifty thought of that. But it makes sense, no?
Oh, ane terminal thing, which immediately seems obvious:
"Policies ... tin suffer purchased whatever 4th dimension at to the lowest score ane twenty-four hours before the trial date" [emphasis added]
No kidding.
Special IB Thanks to Bill M for suggesting this topic every bit good every bit helping topographic point together this post.
But there's another type of Special Events coverage, ane that covers liability.
Hunh?
Here's an example:
A adept friend of mine hosted his daughter's matrimony ceremony reception at a local luxury auto museum. He knew that inward that house would suffer alcohol, besides every fleck picayune children running around. And he knew that inward that house were millions of dollars’ worth of antique luxury cars protected by, at most, a velvet rope.
So he (wisely) purchased this second shape of Special Events cover.
Why?
Well:
"Markel’s exceptional trial cancellation every bit good every bit trial liability insurance protects trial hosts every bit good every bit honorees from losses they may face, should the unfortunate occur. Policies showtime every fleck depression every fleck $75"
(I'm going to focus on the liability facial aspect of this plan, because I intend the cancellation trouble concern purpose falls into the indemnification/"baseball insurance" camp)
Think virtually all the unlike kinds of events to which this would apply: weddings, of course, but Bar/Bat Mitzvah celebrations, auctions, every bit good every bit offsite operate concern meetings, for starters.
And specially if these involve serving alcohol:
"Host liquor liability included."
And every fleck the brochure points out "[m]any venues postulate liability insurance." I bring to admit, I hadn't fifty-fifty thought of that. But it makes sense, no?
Oh, ane terminal thing, which immediately seems obvious:
"Policies ... tin suffer purchased whatever 4th dimension at to the lowest score ane twenty-four hours before the trial date" [emphasis added]
No kidding.
Special IB Thanks to Bill M for suggesting this topic every bit good every bit helping topographic point together this post.
Welcome to Insurance Lovers InsuranceBaru.blogspot.com About that bending the price curved cast downwards promise
Turns out, every fleck amongst pretty much everything ObamaCare, its proponents - larn out this - lied to us well-nigh the toll of meds
"Health insurance is competitive. Most regard it a commodity together with compare based on toll alone.
"Health insurance is competitive. Most regard it a commodity together with compare based on toll alone.
Drug formularies are only i way to brand it at this."
La addition ca change...
And since these med's aren't covered, buying them on one's receive nickel way that their purchase doesn't count towards the plan's out-of-pocket.
But hey, unloosenbirth control convenience items.
[Hat Tip: FoIB Jeff M]
La addition ca change...
And since these med's aren't covered, buying them on one's receive nickel way that their purchase doesn't count towards the plan's out-of-pocket.
But hey, unloosen
[Hat Tip: FoIB Jeff M]
Welcome to Insurance Lovers InsuranceBaru.blogspot.com The MVNHS© Bites
if you lot lot can't role it?
In the instance of the Much Vaunted National Health System© vs molars, et al, at that location but aren't enough dentists to learn around, every bit good the ones nonetheless inward utilization aren't taking on new patients. This kind of self-dentistry, though, definitely seems over-the-top.
Still, what selection did they have?
Oh, every bit good Brits get got medical assistance for "free" but get got what is essentially a co-pay for dental assistance visits. In England, that tin manus detect live simply about $27.
And there's this:
"The vast volume of dentists are self-employed every bit good thus the government doesn't pay our staff or our overheads like a hospital."
Imagine that...
In the instance of the Much Vaunted National Health System© vs molars, et al, at that location but aren't enough dentists to learn around, every bit good the ones nonetheless inward utilization aren't taking on new patients. This kind of self-dentistry, though, definitely seems over-the-top.
Still, what selection did they have?
Oh, every bit good Brits get got medical assistance for "free" but get got what is essentially a co-pay for dental assistance visits. In England, that tin manus detect live simply about $27.
And there's this:
"The vast volume of dentists are self-employed every bit good thus the government doesn't pay our staff or our overheads like a hospital."
Imagine that...
Legislation Summer Health Wonk Review
Our friend Louise Norris hosts this week's eclectic collection of wellness attending punditry. As usual, she provides first-class context amongst each link.
Kudos, Louise!
Kudos, Louise!
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Darned if you lot do...
All roads guide to Single Payer.
Says who?
Says ObamaCare's architect:
[Hat Tip: FoIB Rich ]
Says who?
Says ObamaCare's architect:
[Hat Tip: FoIB Rich ]
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Show us the money
As we've mentioned before (here, for example), well-nigh carriers select ceased paying commissions for folks signing upwards during the off-season (those who qualify for Special Open Enrollments). Now, Premier Health has upped the ante.
From electronic shipping this morning:
"previously stated position.
And 1 fourth dimension again, the serenity from both the Department of Insurance together alongside the NAHU are deafening. I'm especially puzzled every chip to why lawmakers expiry along to permit carriers defraud their insureds inward this agency (where are the rebate checks for unpaid commissions they keep?).
I realize that the paltry $15 or $20 isn't much, but multiply that over hundreds of thousands (or even out millions) of policyholders.
Not just peanuts.
From electronic shipping this morning:
"previously stated position.
And 1 fourth dimension again, the serenity from both the Department of Insurance together alongside the NAHU are deafening. I'm especially puzzled every chip to why lawmakers expiry along to permit carriers defraud their insureds inward this agency (where are the rebate checks for unpaid commissions they keep?).
I realize that the paltry $15 or $20 isn't much, but multiply that over hundreds of thousands (or even out millions) of policyholders.
Not just peanuts.
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Credit Alert
In representative you lot haven't heard, credit reporting agency Equifax belatedly "experienced" a rather substantial security breach, affecting at to the lowest score 143 million of its, well, "customers:"
"quifax said information on 143 1000000 U.S.A. of America customers was obtained inwards a breach (which) occurred on July 29."
So kudos for the quick alert.
Oh, wait.
Adding insult to injury, it also appears that at to the lowest score a few of the company's execs decided to practise to a greater extent than or less stock options entirely before they let the residue of us know.
Purely a coincidence, I'm sure.
The proficient give-and-take (for certain equally shooting values of "good") is that the companionship is offering no-cost credit monitoring for those of us affected by times the breach.
Not certain equally shooting whether this applies to you?
Well, entirely click here to determine if you're at risk, inward add-on to to final automagically signed upwards for the unloose monitoring.
For actual protection, though, you lot may wishing to encounter enrolling inwards LifeLock. And IB readers acquire a particular 10% discount for doing so.
Sweet.
"quifax said information on 143 1000000 U.S.A. of America customers was obtained inwards a breach (which) occurred on July 29."
So kudos for the quick alert.
Oh, wait.
Adding insult to injury, it also appears that at to the lowest score a few of the company's execs decided to practise to a greater extent than or less stock options entirely before they let the residue of us know.
Purely a coincidence, I'm sure.
The proficient give-and-take (for certain equally shooting values of "good") is that the companionship is offering no-cost credit monitoring for those of us affected by times the breach.
Not certain equally shooting whether this applies to you?
Well, entirely click here to determine if you're at risk, inward add-on to to final automagically signed upwards for the unloose monitoring.
For actual protection, though, you lot may wishing to encounter enrolling inwards LifeLock. And IB readers acquire a particular 10% discount for doing so.
Sweet.
Welcome to Insurance Lovers InsuranceBaru.blogspot.com Helpful Hurricane Harvey news
Via co-blogger Bob V:
"Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Harvey"
The IRS [ed: ever let out how that spells "Theirs?"] says that "Participants inwards 401(k) plans, employees of globe schools inward add-on to tax-exempt organizations alongside 403(b) tax-sheltered annuities, likewise as reason inward add-on to local authorities employees alongside 457(b) deferred-compensation plans may suffer eligible to direct maintain payoff of these streamlined loan procedures inward add-on to liberalized hardship distribution rules."
So, if you're inwards Texas, prayers for yous inward add-on to yours, inward add-on to here's some potentially proficient news. If yous don't, but know private who does, please overstep this along.
"Retirement Plans Can Make Loans, Hardship Distributions to Victims of Hurricane Harvey"
The IRS [ed: ever let out how that spells "Theirs?"] says that "Participants inwards 401(k) plans, employees of globe schools inward add-on to tax-exempt organizations alongside 403(b) tax-sheltered annuities, likewise as reason inward add-on to local authorities employees alongside 457(b) deferred-compensation plans may suffer eligible to direct maintain payoff of these streamlined loan procedures inward add-on to liberalized hardship distribution rules."
So, if you're inwards Texas, prayers for yous inward add-on to yours, inward add-on to here's some potentially proficient news. If yous don't, but know private who does, please overstep this along.
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