Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions.
Celebrating Asian American Pacific Islander Heritage Month
Posted: May 1, 2022
Celebrating Asian American Pacific Islander Heritage MonthMay has been officially proclaimed as "Asian American Pacific Islander Heritage Month." This month is set aside to celebrate the incredible cultures, traditions, and histories of the Asian Americans and Pacific Islanders in the United States. One month can never do justice to the extraordinary contributions of these groups to the broader culture. Renew and Rebuild: Our Communities and Beyond This year's Asian American Pacific...
4 Types of FSAs & How They Work
Posted: April 28, 2022
4 Types of FSAs & How They WorkAn FSA, or “Flexible Spending Account,” can be an excellent benefit to offer your employees, and to your business bottom line, as the contributions are pre-tax. Several types of FSAs are available: Medical Expense FSA These accounts pay for eligible medical costs, prescription drugs, copayments, deductibles, medical devices, and other costs. Another option, a “limited medical FSA,” can cover the cost of preventative healthcare services,...
Common Medicare Insurance Pitfalls to Avoid
Posted: April 21, 2022
Common Medicare Insurance Pitfalls to AvoidYou are eligible for Medicare and have probably been looking forward to the lower cost of health insurance. If you are nearing age 65, you need to be aware of the common pitfalls that many eligible people have experienced: You did not sign up during your initial enrollment period. You have a seven-month period to sign up for Medicare, running from three months before your...
Can Employers Reimburse Employees for Health Insurance?
Posted: April 13, 2022
Can Employers Reimburse Employees for Health Insurance?Since 2020 with the enactment of the “21st Century Cures Act,” employers of any size could reimburse their employees for the costs of individual health insurance plans. The Affordable Care Act required employees with 50 or more employees who worked at least 30 hours per week, to offer health insurance. With a vast majority of US businesses having less than 50 employees, many people working...
Medicare Advantage vs. Medicare Supplemental Insurance
Posted: April 6, 2022
Medicare Advantage vs. Medicare Supplemental InsuranceIf you are eligible for Medicare, it is time to decide what plan to choose – which can be surprisingly difficult. To better understand the difference between a Medicare Advantage Plan and Medicare Supplemental Insurance, you need to know what each plan does (and does not) offer. Medicare Advantage Plans Medicare Advantage Plans combine Medicare Part A (hospital coverage) and Medicare Part B (medical coverage)...
