Cheers to all the new graduates of 2024! Celebrating the Class of 2024! This year’s graduates have faced many challenges, from dealing with the COVID-19 pandemic to navigating various protests. Despite these difficulties, they have shown incredible resilience and strength. As these remarkable students embark on their next adventure, we want to remind you that their student health insurance plan may be nearing expiration. If your child is covered under your insurance and turns 26, they must secure their coverage.  It’s important to focus on maintaining good health and making informed decis ..read more

The wedding season 2024 has begun. Summer is the favorite time for couples to say “I do.” Beyond the joy of merging lives, marriage often means combining finances. When you start a life together, you should add life insurance to secure your future together. Next to health insurance, life insurance becomes a joint investment to safeguard both partners from unexpected costs. If you each had separate health insurance plans before marriage, now’s the time for a fun comparison! Check out which plan offers the best benefits and perks. Choose the one that suits your new adventure together. Here’s to ..read more

Understanding the Medicare Coverage Gap in 2024 We are in the middle of the year, and some Medicare policyholders may wonder why the costs of their prescriptions have suddenly increased. This happens because they’ve reached the Coverage Gap, also known as the donut hole. What is the Coverage Gap? The Medicare Part D coverage gap starts once you and your prescriptions plan have spent $5,030 on covered drugs in 2024. When you reach this amount, you enter the coverage gap. In this phase, you pay a larger portion of your medication costs until your out-of-pocket expenses reach $8,000. Eventually ..read more

Did you know that individuals without adequate dental insurance benefits face heightened risks of encountering severe health ailments, including heart disease and diabetes? Alarmingly, dental-related emergencies account for over 2 million emergency room visits annually, underscoring the necessity for proactive dental care. Californians should secure robust dental insurance coverage, particularly those with existing dental conditions such as fillings, crowns, or periodontal disease. Dental insurance is a financial safeguard and promotes optimal oral health through free routine check-ups. Denta ..read more

Have you considered the importance of prioritizing your team’s well-being by proactively addressing critical illnesses within your workplace? Imagine your team as a crew sailing toward shared goals. But what if a storm—a critical illness—threatens their journey? Beyond the work loads and project timelines lies a realm where empathy meets strategy—a place where compassion and preparedness intertwine. Prioritizing well-being should be a part of your workplace preparedness: supporting your team through unexpected challenges like critical illness. Let’s explore actionable ..read more

May is still an excellent time to honor and appreciate the incredible women in our lives. From working moms and single moms to caregivers, stay-at-home moms, and grandmothers. These women play vital roles in our families and communities. One way to show our love and appreciation is by considering the importance of life insurance and ensuring their financial security and peace of mind. Contrary to popular belief, life insurance doesn’t need to be costly or complex. Various options are available, including term life, whole life, and universal life. Each with its own set of advantages and disadva ..read more

Although the American population is aging rapidly, Long-Term Care (LTC) insurance is held by only about 1 in 30 Americans and approximately 7% of adults over the age of 50. Studies show that someone turning 65 today has almost a 70% chance of needing some type of long-term care service. Women need care longer (3.7 years) than men (2.2 years). Currently, five states are actively considering legislation to address the high cost of long-term care, potentially through a long-term care state payroll tax, with two of the most populous states, California and New York, among them. Many older Ame ..read more

International Women’s Day was recently observed on March 8th. Women make up the 51% of the entire United States population and 56% of the US labor force. Despite their significant representation in government, women still face challenges about the wage gap; hence their life insurance is being set aside. Contrary to popular belief, life insurance doesn’t need to be costly or complex. There are various options available, including term life, whole life, and universal life, each with its own set of advantages and disadvantages. For instance, a healthy 30-year-old woman can secure a $1 million, 3 ..read more

The Federal Poverty Level ( FPL) is a benchmark to assess individuals’ and families’ income levels relative to the federal poverty threshold. In California, health insurance premiums frequently adapt positively based on income in relation to the FPL. Individuals or families with incomes below a certain percentage of the FPL may qualify for subsidies, which can significantly reduce their health insurance premiums. Conversely, those with incomes above the threshold may face higher premium costs. The FPL chart gets an annual update. These limits come from the latest Federal Poverty Level (FPL) fi ..read more

Starting February 1, 2024, the Annual Open Enrollment Period ends and the Special Enrollment Period begins. During the Special Enrollment Period from February 1st to October 31st, 2024, anyone seeking to enroll in or change their existing health insurance must have had a so-called “qualifying life event” within the last 60 days. Below are some of the most common qualifying life events that must occur before you are eligible to apply for new health insurance. Most common qualifying life events (QLE): Recently moved Lost employer-sponsored coverage Released from Medi-Cal (California’s Medicaid ..read more