Open Enrollment

The annual open enrollment period for individual health insurance plans will run from October 15th through January 15, 2020. (It will be extended to January 31, 2020 if Governor Newsom signs AB 1309.) This is your opportunity to purchase or change plans for the 2020 plan year. Please note, you […] Read more »

Marijuana and Life Insurance

Marijuana users applying for life insurance should be aware that past and current marijuana use, frequency of use, the applicant’s age, and a urine test will all be considered during the underwriting process. As always, it’s better to disclose your health history and habits up front so we can help […] Read more »

Life Insurance

HOW MUCH LIFE INSURANCE DO I NEED? A general rule of thumb is to purchase a policy equal to ten times your annual income. You may need more or less coverage depending on several factors including: Your total household income Whether or not your spouse works outside the home The […] Read more »

Open Enrollment

This year’s annual open enrollment period for individual health insurance will run from October 15, 2018 through January 15, 2019. Open Enrollment is the one time during the year when you are allowed to apply for coverage or switch plans for any reason. Once the open enrollment period ends you […] Read more »

HSA Contributions

On Monday, March 5, 2018, the IRS announced that the previously released maximum family contribution limit to a Health Savings (HSA) has been reduced from $6,900 to $6,850 for 2018. This change applies immediately and any contribution to an HSA that has family-level coverage in 2018 over $6,850 will be […] Read more »

Open Enrollment Is Coming SOON!

The annual open enrollment period for individuals who purchase their own health insurance will run from November 1, 2016 through January 31, 2017.  During that time you may purchase a plan, renew your existing plan, or change plans.  Once the open enrollment period ends, you may not buy or change […] Read more »

Cash in Lieu Payments

Do you offer cash in lieu payments to employees who opt out of your employer sponsored health insurance because they’re enrolled elsewhere such as through a spouse’s employer? The Ninth Circuit recently held that cash payments made to employees in lieu of health benefits must be included in the hourly […] Read more »

Determining ALE Status

Applicable Large Employers have significant responsibilities under the Affordable Care Act including the employer mandate and employer reporting.  The first step to compliance is determining whether or not you are an Applicable Large Employer (ALE).  If an employer has at least 50 full-time employees, including full-time equivalent employees, on average […] Read more »

What Is Underwriting?

Underwriting is a term frequently used in the insurance industry which means an evaluation of your health, lifestyle, and financial history.  For example, in order to buy a life insurance policy you will need to complete an application and have at least a brief medical exam including blood and urine […] Read more »

Open Enrollment Begins November 1, 2015

The annual open enrollment period for individual plans will begin on November 1, 2015 and run through January 31, 2016.  This is true whether you purchase a plan “on exchange” through Covered California, or “off exchange” directly from a carrier.  During the open enrollment period individuals may purchase a plan […] Read more »