Archive for March, 2010
Wednesday, March 31st, 2010 Tags: Dependents, health insurance, Insurance Companies, Michigan, Requirements, Social Security Number
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The simplest answer to this question is NO. According to Privacy Rights Clearinghouse you need to know the following: Insurance companies. MediCal and Medicare are government health plans and can require a Social Security number. Most insurers providing individual health insurance policies cannot require your Social Security

Tuesday, March 30th, 2010 Tags: Guaranteed Coverage for Kids, Pre-Existing Conditions
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It would seem that the health insurance carriers have decided against fighting the part of the Health Care Reform legislation that keeps them from denying coverage to children with pre-existing conditions. As a health insurance broker, I can attest to just how frustrating it can

Thursday, March 25th, 2010 Tags: Catch-up Contributions, Contributions, Health Savings Accounts, HSA Prior Year
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Did you know that you can contribute up to the maximum allowed for the 2009 tax year at any time up until the tax-filing deadline of April 15th 2010? You still have time to contribute up to the $3,000 for individuals or $5,950 for family

Wednesday, March 24th, 2010 Tags: HCR, health care, Health Care Reform Breakdown, health insurance reform
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via: Associated Press Congressional Democrats have released a final version of President Barack Obama’s health care overhaul bill in advance of a House vote planned for Sunday. Some features of the legislation, which makes changes to the bill the Senate passed on Christmas Eve: COST:

Wednesday, March 24th, 2010 Tags: Differences between a HSA and FSA, Flexible Spending Accounts, FSA's, Health Savings Accounts, HSA's
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During a recent evaluation, a client informed me he didn’t want to have a HSA or Health Savings Account. I asked why. His response: After speaking with a few friends and an auto insurance agent, I was told that in a bad health year it

Tuesday, March 9th, 2010 Tags: 2010 HSA, 2010 HSA Contribution Limits, deductibles, HSA Contribution Limits, hsa family contribution limit 2010, Out-of-Pocket expenses, what is the HSA contribution limit for 2010
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2010 offers individuals and families additional opportunities to save for current and future health care with a health savings account: HSA holders can choose to save up to $3,050 for an individual and $6,150 for a family (HSA holders 55 and older get to save
