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State of the Healthcare Exchange

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I’ve been Fl Insurance Agent for over 20 years offering both group and individual health plans.  Over the past few years I have helped 1000’s of people navigate through the healthcare exchange to find affordable coverage. As you may be aware the state of the exchange is bleak. The fact is most individual policies that are sold both on and off the exchange of being eliminated. For the few plans that will remain the increases are coming in over 30%. This is unsustainable for many Floridians. I think we have reached the end of the road for the individual health…

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Obamacare Florida: What does it require for families and individuals?

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The Affordable Healthcare Act, also known as Obamacare, creates new responsibilities and consequences for individuals when obtaining health insurance. Beginning in 2014, all individuals must have “minimum essential coverage” through an employer-sponsored plan or an individual plan, such as one purchased on an exchange. This is a must. Not purchasing insurance will result in a penalty or tax, which is on a sliding scale for three years. In 2014, the penalty will be $95 per uninsured adult, or 1 percent of the household income over the filing threshold. In 2015, the penalty will be $325 per uninsured adult, or 2…

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The Affordable Care Act in Florida: what effect will exchanges have?

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First, what are exchanges? The Affordable Care Act in Florida will help Florida and other states create websites that allow consumers to shop for health insurance. These sites will help people compare all of the plans available to them and then purchase them online. Florida has the option to create and run its own exchange. If the state chooses not to offer an exchange, a federal exchange will be made available. As of this month Florida has chosen not to offer a state exchange which means Florida citizens will rely on the federal program. Private websites can also exist alongside…

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