BACCHUS INSURANCE GROUP (BIG) joins 2019 Marketplace Circle of Champions from Centers for Medicaid & Medicare Services (CMS)
It is always an honor to be appreciated, but it's especially nice to be recognized for doing something you enjoy. Bacchus Insurance Group has been recognized as a member of the 2019 Marketplace Circle of Champions from the Centers for Medicare & Medicaid Services. We are grateful for this achievement and our agents expertise provided in order to allow us to join this prestigious group. Learn more about this award: https://cl.s7.exct.net/?qs=b1c906657166461f65bbab022cbf6e8af98f6c85ad933d7e75d3e27c91e9661048ed224888bb35d294210bfb749188f614a27cf539a39b4dfdc1283e47791237
I remember how nervous I was in July, 1998 when I scheduled my exam to take my health and accident insurance licensing exam. I wondered if the classroom time spent going over practice tests would help. Well, it's pretty obvious they did! I passed on the first try and have held my insurance license since that time.
During that time, I was working with a Corporate 500 company and sold individual health and dental insurance plans. I was a Telephone Sales Representative and spoke with hundreds of prospects a week about their insurance/dental options. We covered deductibles, coinsurance, co-pays, prescriptions, in-networks, lifetime maximums, maternity care, you name it.
Health Insurance is such a vital factor in overall health and financial planning. An unexpected medical experience can cost upwards of hundreds of thousands of dollars. Not to mention the health conditions that can arise or worsen due to lack of medical attention. Health Insurance is there for us when we have a newborn, receive chemotherapy, mammogram, ambulance and flu shots, among other things. I have always enjoyed speaking with my clients and being able to offer them options to assist in their health and well being.
I must say, the conversation in this age of Affordable Care Act (ACA), Obamacare, Trumpcare, Repeal & Replace has changed all of that! I have delivered more 50%+ renewal increases in this last couple of weeks than I care to mention. I sit down with clients and am forced to share premiums with them that I don't believe I could afford. This may be the first time in my 19 years that I am truly ashamed and embarrassed by this business. The insurance industry has to do better in assuring that Americans have viable, affordable options for healthcare.
Do you have questions about your health insurance options? Click below to take the first steps:
Medicare Open Enrollment is from October 15th through December 7th every year. If you choose to use the open enrollment period to choose a new Medicare Advantage or Part D plan, that new coverage will begin January 1st.
In summary, for 2018 changes, you have from October 15th, 2017 to December 7, 2017, to review your coverage and make any changes for 2018. New coverage for changes made during the open enrollment begins January 1, 2018.
Not sure what plan to choose? Have questions about the cost and benefits? Contact us at 414-716-6274.
MOLINA HEALTHCARE AND ANTHEM LEAVES WI INDIVIDUAL MARKET
Molina Healthcare of WI will be leaving the Marketplace in Wisconsin and Utah for 2018. Molina will now join Anthem, who will also be exiting the Wisconsin market for the 2018 selling season. This is all we really know right now.
If you receive a notice from your health insurance carrier notifying you that your coverage will be ending 12/31/2017, you should begin to speak with your Primary Care Physician (PCP) about what networks they will be working with in the upcoming year.
At Bacchus Insurance Group (BIG), we can assist you in choosing a plan that fits most of your healthcare needs.
The Affordable Care Act (ACA) MARKETPLACE Annual Open Enrollment is from 11/01/2017 - 12/15/2017 for 01/01/2018 effective dates.
Many people have reached out and inquired about how the new Administration and President-elect Donald Trump will affect the current ACA. I'll continue to stick to the script and reply, "I'm not sure". With that said, I can share some of my previous experiences. Prior to ACA, individuals/families could be denied coverage due to medical conditions. These conditions could range from ear infections to Cancer. The applicant could not be declined coverage if they had continuous 'credible coverage' 18 months prior to applying. In the event they did not, these applicants would be referred to the State of WI's HIRSP plan. This plan had a higher premium, but was an alternative for the applicant. The State of WI's HIRSP plan was eliminated with the implementation of Obamacare. In summary, as a licensed Health Insurance agent of nearly 20 years, I would advise my clients to stay covered until decisions are confirmed. I don't believe insurance carriers would be able to remain profitable if the tax credits are pulled and they have to continue to guarantee coverage to everyone. I would imagine that an insured would have to have had prior coverage for some time prior to enrolling in their new proposed plans. Need a quotation, contact me at 414-716-6274. Remeber, this is JUST MY OPINION!
Medicare Open Enrollment begins October 15th - December 7th. This is the time of year when individuals on Medicare
can shop for Medicare Advantage (MA) and Prescription Drug Plans (PDP). Medicare Advantage Plans can offer addional benefits in addition to Original Medicare. Some of these benefits may include an annual physical at no additional cost, coverage when you travel and a fitness club benefit. At Bacchus Insurance Group, we offer an array of options to fit your budget and our customer service is unmatched! Give us a call to schedule a free, no-obligation visit in office or at home.
You can enroll in the 2015 Marketplace if you have certain life changes - like getting married, having a baby, losing other coverage, or moving -or if you qualify for Medicaid or CHIP. (www.healthcare.gov)
Shantel S. Bacchus is the founder of Bacchus Insurance Group. She is a licensed and exchange certified health insurance agent, is currently studying for her ChHC with the American College of Financial Services. She has over 20 years of experience in the insurance industry, in which she has hosted several workshops on Retirement Planning, Life Insurance and Risk Management.