Posts Tagged Individual

Adjusted Community Rating under PPACA

Adjusted Community Rating under PPACA is explained here, what Employers and Individuals need to know.

For more information for Individuals CLICK HERE OR For Employers CLICK HERE

Individuals NEED TO Click here for important information as it relates to the ACR, how you might qualify to save money before the end of 2013.

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Taxes & Fees under PPACA Healthcare Reform

This is an overview of the Penalties, Taxes, Fees, and other items that need to be considered and calculated by individuals and businesses as it relates to the Provisions and mandates under the Patient Protection and Affordable Care Act PPACA.

For more information for Individuals CLICK HERE OR For Employers CLICK HERE

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Minimum Loss Ratio’s Under PPACA

Check out this folder below for resources that explain what the MLR (Minimum Loss Ratios) are and how they can affect you, your company.

For more information for Individuals CLICK HERE OR For Employers CLICK HERE

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Preventive Care Available under the Affordable Care Act

Preventive Care Available under the Affordable Care Act

For more information for Individuals CLICK HERE OR For Employers CLICK HERE check out the resources in the BOX folder below as well.

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Why Healthcare Reform – An Overview

Why Healthcare Reform – An Overview

For more information for Individuals CLICK HERE OR For Employers CLICK HERE

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Health Reform (ACA) is Upheld by Supreme Court

Today, the Supreme Court issued an opinion related to health care reform. A divided Supreme Court upheld the constitutionality of the Obama administration’s health-care law. The court said Congress was acting within its powers under the Constitution when it required most Americans to carry health insurance or pay a tax. Chief Justice Roberts’ vote saved the ACA.

The Affordable Care Act, including its individual mandate that virtually all Americans buy health insurance, is constitutional. There were not five votes to uphold it on the ground that Congress could use its power to regulate commerce between the states to require everyone to buy health insurance. However, five Justices agreed that the penalty that someone must pay if he refuses to buy insurance is a kind of tax that Congress can impose using its taxing power. That is all that matters. Because the mandate survives, the Court did not need to decide what other parts of the statute were constitutional, except for a provision that required states to comply with new eligibility requirements for Medicaid or risk losing their funding. On that question, the Court held that the provision is constitutional as long as states would only lose new funds if they didn’t comply with the new requirements, rather than all of their funding.

The bottom line is that the entire ACA is upheld, with the exception that the federal government’s power to terminate states’ Medicaid funds is limited.

Please see below for a detailed overview of each opinion.

health reform supreme court ruling

  1. The individual mandate survives as a tax. The only effect of not complying with the mandate is that you pay the tax. The Court holds that the mandate violates the Commerce Clause, but that doesn’t matter b/c there are five votes for the mandate to be constitutional under the taxing power. The Court holds that the Anti-Injunction Act doesn’t apply because the label “tax” is not controlling.
  2. The Medicaid provision is limited, but not invalidated.  A majority of the Court holds that the Medicaid expansion is constitutional but that it will be unconstitutional for the federal government to withhold Medicaid funds for non-compliance with the expansion provisions. Another way to think about Medicaid is that the Constitution requires that states have a choice about whether to participate in the expansion of eligibility; if they decide not to, they can continue to receive funds for the rest of the program.

Click here to read the official opinion.

 

Original Posted by Rick Lindquist on Thu, Jun 28, 2012 @ 09:15 AM

at: http://www.zanebenefits.com/blog/bid/178522/Health-Reform-ACA-is-Upheld-by-Supreme-Court?source=Blog_Email_[Supreme%20Court%20Rules%20]

 

From the beginning of the Chief’s opinion: “We do not consider whether the Act embodies sound policies. That judgment is entrusted to the Nation’s elected leaders. We ask only whether Congress has the power under the Constitution to enact the challenged provisions.”
Posted @ Thursday, June 28, 2012 10:03 AM by Rick Lindquist

 

English: The United States Supreme Court, the ...

English: The United States Supreme Court, the highest court in the United States, in 2010. Top row (left to right): Associate Justice Sonia Sotomayor, Associate Justice Stephen G. Breyer, Associate Justice Samuel A. Alito, and Associate Justice Elena Kagan. Bottom row (left to right): Associate Justice Clarence Thomas, Associate Justice Antonin Scalia, Chief Justice John G. Roberts, Associate Justice Anthony Kennedy, and Associate Justice Ruth Bader Ginsburg. (Photo credit: Wikipedia)

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September is National Life Insurance Awareness Month

Life Insurance Awareness Month

People buy life insurance for the death benefit to help replace income and cover daily expenses. Life insurance can also help protect your financial future with a death benefit you can use for:

  • Mortgage payments
  • College tuition
  • Child care
  • Everyday expenses

With many life insurance products available, you can tailor your policy for a living benefit in case of an unexpected illness, or to supplement retirement income with a cash value accumulation product. (note: cash value accumulation Life Insurance products only work for a small portion of the population as part of an overall strategic financial plan, contact your CATALIST ADVISOR to see which Life Insurance products are best for you)

Nearly four in five families in the U.S. are protected … ARE YOU

Individual Life Insurance can serve many different purposes, depending on what your needs are.  Life Insurance is really “Death Insurance” and the most common type of Life insurance is TERM INSURANCE.  This is typically purchased to cover debts and fund other planned items for the insureds family in the event of an un-timely death. To figure out how much TERM life insurance you need CLICK HERE

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Once you have determined your need, you should talk to a Licensed Insurance Broker who is able to Shop MULTIPLE CARRIERS and get you the best price monthly premium for your desired death benefit. You may run a few quotes by CLICKING HERE on your own, however to ensure the most competitive rates, let our brokers scour the market for you, just look at all the companies we can research for you:

OUR BROKERS WILL SCOUR & CHECK ALL OF THE FOLLOWING CARRIERS FOR THE BEST PRICING & HELP YOU DETERMINE THE RIGHT NEED:

WRL Western Reserve Life Insurance Company an Aegon CompanyWest Coast Life Insurance Company A Protective CompanyUnited Home Life Insurance CompanyTransamerica Life Insurance Aegon CompnayThe Chesapeake LIfe Insurance CompanySymetra Life Insurance Financial CompnaySun Life Financial Insurance Company of Canada USIllinois Mutual Life & Disability Insurance CompanyGuardian Life Insurance CompanyGTL Guarantee Life Insurance CompanyGreat American Financial Resources Insurance CompanyGenworth Financial Insurance Company
Stonebridge Life Insurance Company an Aegon companyShenLife Shenandoah Life Insurance CompanyPrincipal Financial Group Insurance CompanyOMFN OM Old Mutual Financial Network F&G Fidelity & Guarantee Life Insurance CompanyNorth American Company for Life and Health InsuranceMutual of Omaha United World Life & Health Insurance CompanyMetropolitain Met Life Insurance CompanyMassMutual Financial Group Mass Mutual Insurance CompanyLSW Life of Southwest National Life Group Insurance Annuity CompanyLincoln Financial Group Insurance CompanyJohn Hancock Life Insurance CompanyING USA Life Insurance CompanyForethought Life Insurance & Annuity CompanyForesters Life Insurance CompanyEMC National Life Insurance CompanyEquitrust Financial Life Insurance & Annuity CompanyColorado Bankers Life Insurance CompanyColonial Life Insurance Benefits CompanyBanner Life Insurance CompanyAVIVA USA Life & Annuity Insurance CompanyAssurity Life Insurance CompanyAmerus Life Insurance CompanyAmerican Equity Investment Life Insurance CompanyAllianz Life & Annuity Insurance CompanyAegon Life Insurance CompanyAIG American Insurance Group American General Insurance Company

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Knowledge, Integrity, Responsive

“I first met Ben nearly a year ago and was immediately impressed with his vast knowledge and integrity. Ben will always go the extra mile whether or not he is directly benefited. I worked with Ben while searching for Health Coverage. He was persistent in fitting my family’s needs. Anytime I had questions he instantly took care of any worries. I highly recommend Ben and his services to any business/individual and their various consulting needs.” Amy Woodall – February 20, 2009

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