With the individual mandate provision of the Affordable Care Act coming to an end next year, short term health insurance plans are being marketed as Obamacare alternatives, and one particular marketing effort recently reported by Rhode Island Public Radio shows that these plans could potentially be presented in misleading ways. In July, the Rhode Island… Continue Reading ›

On Wednesday, August 1st, HHS (The Department of Health & Human Services) announced that it is changing the three-month duration limitation imposed on short term health insurance by President Obama, to allow people to have these plans for 364 days (essentially an year-long plan) and to allow for two renewals, for a total of 3… Continue Reading ›

On March 6, the comment period ended for a proposed rule to revise the way association health plans (AHPs) are regulated by the Employee Benefits Security Administration of the Department of Labor. The proposed changes include allowing AHPs to offer plans across state lines, to loosen the criteria for what constitutes an association, and to… Continue Reading ›

A White House proposal aimed to offer alternatives to Obamacare has prompted a group of insurance leaders to issue a warning about potential consequences. The proposed rule, which would allow individuals to obtain limited, short-term health insurance policies for up to 12 months, is the latest effort by the Trump administration to undermine the Affordable… Continue Reading ›

Though traditionally used to bridge gaps between major medical health insurance policies, short term plans (STHPs) have grown in popularity over the last decade. For starters, these plans can fill a temporary lapse in major medical coverage, helping you offset costs of an accident or unexpected hospital stay. Others see reduced premiums as a particularly… Continue Reading ›

With healthcare premiums rising under the Affordable Care Act (ACA), many people are turning to healthcare sharing programs as an alternative to traditional health insurance. In fact, since the passage of the ACA in 2010, enrollment in healthcare sharing ministries (HCSMs), which are often religiously based, rose from 200,000 to 530,000. Plan supporters say that… Continue Reading ›

On Thursday, January 4, the United States Department of Labor released a proposal that would allow interstate sale of health insurance policies. The policies may cost less but would not provide as much coverage as current coverage under plans that are compliant with the Affordable Care Act (ACA). This measure is designed to fulfill one… Continue Reading ›

There’s a lot of uncertainty about the Affordable Care Act (ACA) right now, and that is forcing many people to consider their alternatives. As of December 2017, the individual mandate is still in effect, which means that you could get hit with a tax penalty if your coverage is not part of an ACA-compliant plan…. Continue Reading ›

While millions of Americans get their health insurance through Obamacare, millions more choose to remain uninsured. Many people choose to find health insurance outside of open enrollment by selecting non-Obamacare health plans. Those plans often include ancillary products such as dental, vision, short-term health plans and hospital indemnity insurance. Although ancillary products on their own… Continue Reading ›