Blog & News

There are many challenges to purchasing the right health insurance coverage. The more you know about how the industry works, the more capable you’ll be in making smart decisions concerning your health care needs. When purchasing health insurance, you have a choice of working with either an independent agency or a captive agency. An independent agency will offer you policy options from a variety of different insurers, giving you greater choices for evaluation. A captive agency works with only one insurance carrier. This limits the number and variety of health plans from which you can choose. Working with an independent agent offers you greater flexibility in the company you choose. In the event you are dissatisfied with a certain insurer, your agent can suggest alternative companies within their jurisdiction, enabling you to retain his services to acquire the better coverage you seek. Working with a variety of top insurance carriers provides independent agents with greater knowledge and experience

With 2014 almost upon us, more people will be searching for health insurance coverage. You can purchase coverage through an insurance agent or broker or the state exchanges. The following explores some of the differences in purchasing coverage through these two mediums. Buying your coverage through an exchange gives you access to federal subsidies if your income falls beneath 400% of the official poverty line. However, if you don’t qualify for these subsidies, it may be more convenient for you to purchase your coverage directly from an agent or broker. Many insurers are offering coverage comparable to Obamacare standards to include mental health and maternity benefits at competitive costs. In addition, individuals who already have insurance coverage can continue with their grandfathered policies and avoid the extra expense of an Obamacare policy. Using an exchange, you can easily compare insurance features and prices online. However, the enrollment process is more time