In 2021, 52 percent of Americans owned life insurance According to sources, in 2018, approximately 27.8 million life insurance policies were purchased in the United States. The average American has $178,150 in life cover. The most common age group for people to buy insurance is between 35 and 45. Recent LIMRA research shows that 36%… [Read More]
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Obamacare Enrollment Assistance for 2022
Did you already apply for 2022 coverage? Starting in 2022, enrollment throughout the year will be allowed for people with income up to 150% of the federal poverty level (or FPL, which is $19,320 per year for a single person in 2022, $32,940 for family of 3). Open Enrollment for 2022 runs from Monday, November… [Read More]
If Your Health Plan Doesn’t Include Vision, You Can Purchase A Stand-Alone Vision Plan
Vision care coverage is not mandated for adults by the ACA. If a health plan includes dental, the premium covers both health and dental coverage. Having said that, in most states, stand-alone vision plans are not offered through the exchanges, and even if they are, you can’t use your premium subsidy to offset their cost…. [Read More]
Dental coverage in Obamacare
Dental coverage is available 2 ways You can get dental coverage 2 ways: as part of a health plan, or by itself through a separate, stand-alone dental plan. Health plans that include dental coverage. Dental coverage is included in some health plans. You can see which plans include dental coverage when you compare them. Separate,… [Read More]
For the 2022 Tax Year, the ACA Affordability Threshold Will Decrease to Almost 10%
This decreased threshold translates into higher employer contributions towards their employees’ health coverage plans. Earlier this year the Biden administration passed the American Rescue Plan (ARP), which for now, and for the indefinite future, will drop the Affordable Care Act (ACA) affordability percentage for the 2022 tax year by 9.61%. What Is The ACA Affordability… [Read More]
Insurance Pro Proudly Supports the Life Insurance Awareness Month
September Is Life Insurance Awareness Month #HelpProtectOurFamilies If there is one thing we’ve learned through the pandemic, it’s that life is unpredictable and it’s important to prepare for the unexpected. Our hope at Insurance Pro is that this awareness will encourage more Americans to get the life insurance coverage they need to protect their loved… [Read More]
7 Things You Must Do as Soon as You Turn 65
Our human life span is longer than ever. Having said that, turning 65 should ignite serious conversations with your loved ones about Medicare, life insurance, even your end of life and funeral wishes (final expense). Seven things to do when you turn 65 years young: Familiarize yourself with Medicare and learn also about ‘Medicare Advantage’… [Read More]
Getting Health Coverage Through Original Medicare or Medicare Advantage?
Two options when deciding how you want to receive your Medicare benefits. When you first enroll in Medicare and during certain times of the year, you can choose how you get your Medicare coverage. There are 2 main ways to get Medicare: Original Medicare or Medicare Advantage. Original Medicare: The traditional program offered directly through… [Read More]
Is a Medicare Advantage Plan Right for You?
Medicare Advantage Plans work like traditional HMOs and PPOs. You may already be familiar with these types of plans (HMOs and PPOs). Medicare Advantage, also known as Medicare Part C, makes it possible for people with Medicare Part A (hospital insurance) and Part B (medical insurance) to receive their Medicare benefits in an alternative way…. [Read More]
