Many Americans recognize the importance of life insurance. It provides both peace of mind and security to families that are confronted with the death of a loved one. The life insurance industry provides protection to 75 million American families, and in 2009 $59 billion were paid to life insurance beneficiaries.
The final rule finalizes an accommodation for eligible nonprofit organizations and for-profit businesses that have religious objections to providing contraceptive coverage to female employees.
Recent agency guidance will require the self-only out-of-pocket maximum to be embedded family coverage when the plan’s out-of-pocket maximum for family coverage exceeds the Affordable Care Act’s limits for individual coverage. This requirement will take effect beginning with the 2016 plan year, when the out-of-pocket maximum for self-only coverage will be $6,850.
The Affordable Care Act (ACA) imposes a penalty on applicable large employers (ALEs) that do not offer health insurance coverage to substantially all full-time employees and dependents. Penalties may also be imposed if coverage is offered, but is unaffordable or does not provide minimum value. The ACA’s employer penalty rules are often referred to as “employer shared responsibility” or “pay or play” rules.
If you are getting close to your 65th birthday, you are likely preparing to enroll in Medicare. Enrolling in Medicare and figuring out how to decrease your out-of-pocket health care expenses can be daunting. A Medicare supplement plan can save you money and provide peace of mind.
Wampler Insurance and Financial Group has been active in Southwest Florida since 1985. In those 30 years there have been many changes to this industry. Our success has been driven by our commitment to being at the forefront of this ever changing insurance landscape. Most recently we have rolled out this interactive website that allows […]