by Admin | Sep 26, 2025 | Insurance News
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...
by Admin | Sep 26, 2025 | Insurance News
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...
by Admin | Sep 22, 2025 | Insurance News
Navigating employee benefits? Offering HSA matching contributions can be a smart move for employers. Here’s why: Tax Advantages: Employer contributions are tax-deductible and exempt from federal income tax, FICA, and FUTA. Employees also enjoy tax-free...
by Admin | Sep 18, 2025 | Insurance News
Medical bills can be overwhelming, especially in Illinois, where healthcare costs continue to rise. Fortunately, several organizations can help you reduce, negotiate, or manage these expenses. Here are five key resources: Rising Medical Solutions: Focuses on reducing...
by Admin | Sep 15, 2025 | Insurance News
Yes, you can deduct Medigap premiums as medical expenses on your tax return, but only if you itemize deductions and your total medical expenses exceed 7.5% of your adjusted gross income (AGI). Here’s a quick breakdown: Standard Deduction vs. Itemizing: Itemizing...
by Admin | Sep 11, 2025 | Insurance News
Illinois has overhauled its health insurance system in 2025, bringing new rules and protections for residents. Here’s a quick breakdown of the changes: Short-term health plans are banned: All plans must now meet ACA standards. Expanded coverage: Includes hearing...
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