Benefits Buzz
Author: Larry Cassman
Title: Sales Manager - Individual & Medicare Sales
Title: Sales Manager - Individual & Medicare Sales
Posted May 3rd, 2018 in Producers
According to PEW Research, over 10,000 baby boomers are celebrating their 65th birthday every day, creating a bubble of opportunity for insurance agents like you. If you’d like to earn a six-figure residual income, look no further than selling Medicare Supplements with guided strategy from the Flex General Agency.
Here are five reasons why you should consider/continue selling Medicare Supplement insurance:
1. Large Market
Posted May 1st, 2018 in Employers, Producers, Individuals
On April 26, the Internal Revenue Service (IRS) announced relief for taxpayers with family coverage under a High Deductible Health Plan (HDHP) who can contribute to a Health Savings Account (HSA).
This blog was originally posted on July 13, 2017.
Group health plans are almost always subject to the Employee Retirement Income Security Act of 1974, also known as ERISA.
This means employers must follow certain rules, such as:
- Providing participants with important information in writing about plan features and funding.
- Establishing an appeal and grievance process for participants to receive benefits from the plan.
The Affordable Care Act (ACA) created a research institute known as the Patient-Centered Outcomes Research Institute (PCORI). The goal of PCORI is to help patients and those who care for them make better-informed decisions about healthcare choices. PCORI is funded by fees which are charged to health plans.
The following information is designed to help employers understand their payment obligations.
Posted April 19th, 2018 in Producers, Employers, Individuals
This month, our featured Ask the Expert question comes from Melissa in South Carolina. Melissa asks:
“I keep hearing that 213(d) expenses are eligible for reimbursement under a Flexible Spending Account. What exactly is a 213(d) expense?”
There are a few things to consider when talking about 213(d) expenses in relation to Flexible Spending Accounts. Let’s start off with a definition of 213(d) expenses.
Posted April 17th, 2018 in Producer
Health plans in the individual and small group markets that were issued after March 23, 2010 and prior to January 1, 2014 are commonly referred to as grandmothered plans. March 23, 2010 is the date the Affordable Care Act (ACA) was signed into law, while January 1, 2014 is the so-called full implementation date of the ACA.
