by Admin | May 31, 2025 | Insurance News
If you’re self-employed, you can deduct 100% of your health insurance premiums for yourself, your spouse, dependents, and kids under 27. This deduction lowers your Adjusted Gross Income (AGI), reducing your overall tax bill – even if you don’t itemize...
by Admin | May 26, 2025 | Insurance News
Health insurance gaps can lead to expensive medical bills and limited access to care. Here’s how to avoid them: Plan for Life Changes: Coverage gaps often happen during job changes, turning 26 (aging out of parental plans), or relocating. Always check when your...
by Admin | May 19, 2025 | Insurance News
Starting May 2025, Illinois is changing its Medigap rules to make switching plans easier and more affordable for Medicare beneficiaries. Key updates include: 45-Day Birthday Rule: Beneficiaries aged 65–75 can switch to a Medigap plan with equal or lesser benefits...
by Admin | May 16, 2025 | Insurance News
Want to sell insurance in Illinois? Here’s a quick guide to getting onboarded with carriers while staying compliant with state regulations. Key Steps: Choose Your Carriers: Review network coverage and carrier requirements. Evaluate certifications, licensing, and...
by Admin | May 12, 2025 | Insurance News
Medicare has specific enrollment periods for signing up or changing your coverage. Missing the right window can lead to penalties or delays in coverage. Here’s a quick breakdown of the key Medicare enrollment periods: General Enrollment Period (GEP): For those...
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