Justin Thrower - Executive Insurance Broker

04/26/2024

Ever have your insurance carrier tell you "Unfortunately, that is not medically necessary, so we cannot cover it"? You would be one of many! When dealing with insurance carriers, it is important to understand what your coverage will or won't do for you.

We found an article that provides some insight into why this is becoming more common, and what to do if this happens to you. Make sure that you understand what you insurance you are getting, and if it will actually the needs of yourself and your family.

https://www.policygenius.com/health-insurance/news/medical-necessity-rules-changing/

Health insurance companies cover treatments that are “medically necessary.” But they’re changing what that means.

04/12/2024

Ever gotten a medical bill and thought "What exactly am I looking at?". Trust me, you are not alone!

I found a great article that breaks down how to understand your medical bills, and gives some helpful tips for how to put the power back in your hands.

https://www.nerdwallet.com/article/finance/how-to-handle-your-medical-bills

Medical bills can quickly become overwhelming, but consumers often have more power than they might think.

04/05/2024

Struggling with high deductibles on your health insurance plan? Many of us have to pay towards our deductibles, before the insurance carriers will cover anything. Often, your deductible is several thousand dollars per person.

There is a great low-cost product from Allstate that will completely cover your deductible and max out-of-pocket if you are hospitalized due to accident, sickness, or are diagnosed with a critical illness. You can pair it with any insurance plan.

I've included a short article that explains what a plan enhancer is and what the benefits of having one are. If you want to know more, feel free to reach out.

https://www.allstate.com/allstate-benefits/accident-insurance.aspx

Supplemental Accident Insurance for business from Allstate Benefits

04/02/2024

03/29/2024

Experiencing an increase in your health insurance premiums? Unfortunately, so are the majority of Americans! We found a quick breakdown of why health insurance premiums are on the rise.

This article discusses the reasons why health insurance premiums are rising. With increasing health insurance premiums, it's always a good idea to make sure you are getting the most bang for your buck.

https://www.webmd.com/health-insurance/news/20231018/health-insurance-premiums-rise-to-match-inflation-wage-increases

People who buy health insurance for their entire family through their employer are paying nearly $500 more annually in 2023, compared to what they paid in 2022. The employee contribution for single health insurance coverage increased $74 from 2022 to 2023.