🎗️ Bacchus Insurance Group stands with International Overdose Awareness Day 🌍

Today, we stand united with the global community in recognizing International Overdose Awareness Day. Bacchus Insurance Group is committed to raising awareness, promoting prevention, and supporting those affected by drug overdose.

We understand the devastating impact that addiction and overdose have on individuals, families, and communities. That's why Bacchus Insurance Group is dedicated to providing comprehensive insurance coverage that supports addiction treatment, recovery services, and mental health support.

On this important day, we encourage open conversations about addiction, destigmatizing the issue, and fostering a compassionate environment for those in need. Together, we can break down barriers and create a supportive network that empowers individuals on their journey to recovery.

Prevention is key in reducing the incidence of drug overdose. Bacchus Insurance Group supports initiatives that educate about the risks of substance abuse, promote responsible medication usage, and advocate for harm reduction strategies. By working together, we can make a difference in preventing future tragedies.

If you or someone you know is struggling with addiction, know that help is available. Reach out to local resources, support groups, or healthcare professionals who can provide guidance, treatment options, and support. Remember, you are not alone.

International Overdose Awareness Day is a reminder that compassion, understanding, and support can save lives. Bacchus Insurance Group remains committed to standing alongside individuals and families affected by addiction, offering a helping hand on the path to recovery.

#InternationalOverdoseAwarenessDay #BacchusInsuranceGroup #SupportAndPrevention #RecoveryIsPossible

What is Unwinding?

At the start of the pandemic, Congress enacted the Families First Coronavirus Response Act (FFCRA), which included a requirement that Medicaid programs keep people continuously enrolled through the end of the month in which the COVID-19 public health emergency (PHE) ends, in exchange for enhanced federal funding. Prqimarily due to the continuous enrollment provision, Medicaid enrollment has grown substantially compared to before the pandemic and the uninsured rate has dropped. But, when the continuous enrollment provision ends, millions of people could lose coverage that could reverse recent gains in coverage. As part of an end-of-the-year spending bill, Congress signed into law the Consolidated Appropriations Act (CAA) on December 29, 2022, that set an end to the continuous enrollment provision on March 31, 2023, and separates the continuous coverage provision from the COVID-19 public health emergency. The CCA provides for a phase down of the enhanced federal Medicaid matching funds through December 2023. States that accept the enhanced federal funding can resume disenrollments beginning in April but must meet certain reporting and other requirements during the unwinding process.

In an effort to minimize the number of people that lose Medicaid or CHIP coverage, CMS is working with states and other stakeholders to inform people about renewing their coverage and exploring other available health insurance options if they no longer qualify for Medicaid or CHIP. To find information about how to renew Medicaid or CHIP in your particular state, please visit the interactive map at Medicaid.gov.

CMS views Medicaid and CHIP continuous enrollment unwinding as 2 phases:

• Phase 1: Prepare for the renewal process and educate Medicaid and CHIP enrollees about the upcoming changes.
• Phase 2: Ensure Medicaid and CHIP beneficiaries take the necessary steps to renew coverage, and transition to other coverage if they’re no longer eligible for Medicaid or CHIP.

Source: https://www.medicaid.gov/resources-for-states/downloads/unwinding-comms-toolkit.pdf#page=2
​www.cms.gov

Keep or change your insurance plan

Your 2023 health insurance letters
If you had a 2022 Marketplace insurance plan, you should have gotten two 2023 re-enrollment letters one from your insurance company and one from the Health Insurance Marketplace®.
Your Marketplace letter includes:

• Anything you must do to get a premium tax credit for 2023. You may have to send documents, like tax or income information.
• How to update your application to make sure you get the right savings for the year.

Your insurance company letter includes:

• Whether your 2022 plan is available in 2023.
• If not, whether the company is offering you a similar or alternate plan.
• Any changes to the plan for 2023.
• The 2023 premium, after any premium tax credit has been applied. The tax credit may be based on your 2022 information or on information the Marketplace has from other sources.

Check your plan options here:
https://www.healthsherpa.com/?_agent_id=shantel-bacchus
​
Store your letters in a safe spot until you need them
Be sure to keep your Marketplace and insurance company letters in a safe place and have them handy when you enroll in 2023 health coverage.

Most people don't like to think about their own mortality, but it's important to have a plan in place in case something happens to you. That's where life insurance comes in. Life insurance is a contract between you and an insurance company in which you pay premiums and the company pays out a sum of money to your beneficiaries if you die. In this blog post, we'll discuss who needs life insurance and why it's so important.

Who Needs Life Insurance?

Generally speaking, anyone who has dependents should have life insurance. If something were to happen to you, your dependents would need a financial safety net to fall back on. This is especially true if you are the primary breadwinner in your household. However, even if you're not the primary breadwinner, you may still need life insurance if you provide essential services such as child care or caretaking for elderly family members. 

In addition to people who have dependents, anyone with significant debt should also consider getting life insurance. If you die without life insurance, your loved ones may be left with the burden of paying off your debts, which can be extremely difficult. 

Why You Should Get Life Insurance 

There are a number of reasons why you should get life insurance, even if you don't think you need it. First and foremost, it's important to have a plan in place in case something happens to you. No one likes to think about their own death, but it's important to be prepared for the worst-case scenario. 

In addition, life insurance can act as a forced savings account. Many people struggle to save money because they have other expenses that take priority. However, with life insurance, you're required to make regular premium payments whether you want to or not. This can help you build up a nest egg that you can use for retirement or other purposes. 

Finally, life insurance can give you peace of mind knowing that your loved ones will be taken care of financially if something happens to you. This can be an invaluable gift, especially if you have young children or elderly parents who rely on you financially. 

There's no question that life insurance is a vital part of financial planning for most people. If you have dependents or significant debt, it's important to have a life insurance policy in place in case something happens to you. In addition, life insurance can act as a forced savings account and provide peace of mind knowing that your loved ones will be taken care of financially if something happens to you.

Contact Bacchus Insurance Group (BIG) today to schedule a confidential, no-obligation review of your insurance plan:

https://linktr.ee/ShantelSBacchus

At Bachus Insurance Group (BIG), we're BIG on Customer Service!

Professional liability insurance is a must for any business that provides services to the public. It protects you and your business from claims of negligence, errors, omissions or other professional mistakes.

If you’re like most professionals, it’s likely that you don’t have time to research what type of coverage is right for you and your practice. We can help! Our team has years of experience in this industry and we know how important it is to find the best policy at the best price possible. Let us take care of all your insurance needs so you can focus on running your practice without worrying about protecting yourself against lawsuits.

You need professional liability insurance but don’t want to spend hours researching companies online? Bacchus Insurance Group offers free quotes with no obligation – just fill out our form today! We offer competitive rates on policies from top-rated carriers so we can get started finding the right plan for you as soon as possible. Don't wait another minute - click here now! 
 
http://www.bacchusinsurancegroup.com/contact-us.html

Click here now and let us start getting quotes for your professional liability insurance!

International Day of the Girl is a day to recognize girls' rights and the unique challenges they face.

Interest: Did you know that over 130 million girls are not in school today? That’s almost 1 out of every 3 girls around the world. And when girls aren’t in school, it can have devastating consequences for their future. It limits their opportunities, puts them at risk for child marriage and human trafficking, and keeps them from achieving their full potential as adults. But there is hope! We believe that investing in education is one of the best ways we can help empower young women to reach their full potential – both now and later on in life.

On this special day, Bacchus Insurance Group would like to take time to celebrate all our wonderful female employees who work hard everyday to make sure our customers get great insurance coverage so they can live happy lives without worrying about financial issues or medical bills getting in the way! We also want to remind everyone how important it is for us all - men AND women alike -to support organizations like Room To Read which provide access to books and educational resources so more children around the world will be able achieve an education too!

In honor of International Day of the Girl, Bacchus Insurance Group is extending our LAUNCH promotion on our eBook, How To Make Passive Income With Airbnb.  This book is the blueprint for how to make passive income in the Airbnb industry. 

PURCHASE A COPY FOR THE WOMAN/GIRL IN YOUR LIFE TODAY:

​https://bacchus-financial-resources.sellfy.store/

Messages for consumers

It’s important that consumers who are receiving the ARP UC benefits in 2021 understand those one-time extra savings aren’t available in 2022  and their financial assistance may be changing. Impacted consumers will see special language in their Marketplace Open Enrollment Notice and new content is being added to HealthCare.gov to explain the change. Consumers who don’t return to HealthCare.gov to update their Marketplace application during Open Enrollment and are automatically re-enrolled into PY 2022 coverage will also receive notices with special language that the ARP UC benefits aren’t available for 2022.

Consumers should update their Marketplace application, shop for 2022 coverage, and submit any required documents to make sure they’re getting the right coverage and savings.

Should you need assistance with updating your application or obtaining health insurance benefits in the Marketplace, contact us at 414-716-6274 or visit us at www.healthsherpa.com/?_agent_id=shantel-bacchus

Open Enrollment for 2022 runs Monday, November 1, 2021–Saturday, January 15, 2022. Enroll by December 15, 2021 for coverage that starts January 1, 2022

The Centers for Medicare and Medicaid Services (CMS) is continuing promoting Weeks of Action! Each week will focus on engaging a targeted population to encourage action to come to HealthCare.gov during the Special Enrollment Period and enroll in coverage or potentially take advantage of more cost savings.

The week of May 9-15 is National Women’s Health Week and CMS is recognizing the effort by focusing on our Women’s Health Week of Action running from May 9-15. We encourage you to help spread the word with your partners and members about helping women enroll in health insurance through HealthCare.gov. Weeks of Action focused on other populations will continue to August 15, 2021, when the SEP ends.

We have several resources for promotion this week on our partner toolkit including social media, fact sheets, graphics, etc.

We recently posted our new Week of Action Communications Toolkit which includes talking points, messaging, and a drop in article that can be customized for your organization.

There are also two Twitter chats scheduled this week with our federal partners for your participation:

• Tuesday, May 11th - FDA & HHS Office of Women’s Health -
  2-3pm;
• Wednesday, May 12th - HRSA Office of Women’s Health - 1-2pm.

For more information, contact the CMS Office of Communications Partner Relations Group at Partnerships@cms.hhs.gov or view our website for further resources.