Medicare Initial Enrollment Period: Key Dates

Medicare Initial Enrollment Period: Key Dates

The Medicare Initial Enrollment Period (IEP) is a 7-month window for first-time enrollees to sign up for Medicare Parts A and B. It starts 3 months before your 65th birthday month, includes your birthday month, and ends 3 months afterward. Enrolling early ensures your...
How to Open an HSA in Illinois

How to Open an HSA in Illinois

If you live in Illinois and want to save on healthcare costs while reducing taxes, opening a Health Savings Account (HSA) is a smart move. Here’s the key information you need to know: What is an HSA? A tax-advantaged savings account for medical expenses,...
Ultimate Guide to Medicare SEPs

Ultimate Guide to Medicare SEPs

Medicare Special Enrollment Periods (SEPs) allow you to change or update your Medicare coverage outside of standard enrollment windows. These periods are triggered by specific life events, such as moving, losing health coverage, or changes in eligibility for Medicaid....
How Brokers Negotiate Group Health Rates

How Brokers Negotiate Group Health Rates

Brokers play a critical role in helping businesses manage group health insurance costs. They negotiate with insurance carriers to secure lower premiums and better coverage options by leveraging factors like group size, claims history, and market competition. Here’s...
How to Compare Health Insurance Costs

How to Compare Health Insurance Costs

When you’re self-employed, choosing the right health insurance can feel overwhelming. Here’s what matters most: Cost Breakdown: Don’t just focus on monthly premiums. Consider deductibles, copayments, coinsurance, and out-of-pocket maximums. Plan...