Health insurance coverage for the individual, family or business is a vital addition to any practical insurance portfolio. We at Term Brokers represent the most stable and powerful health insurance providers in America. Blue Cross/Blue Shield and Assurant Health. When you're looking for a financially stable company that is easy to do business with, one who backs their product and will be around for many years to come . . . both Assurant Health and Blue Cross/Blue Shield are your most viable choices.
Assurant Health
A.M. Best Company is the leading information provider for the global insurance industry. According to their June 2008 "Ratings and Analysis," Assurant Health received an A (Excellent rating) using the criteria shown below:
- Assurant Health is a leader in the individual medical health insurance market.
- Assurant Health's underwriting companies are among the top sellers of temporary health insurance in the U.S.
- Assurant Health's underwriting companies are among the leading independent providers of health insurance to small businesses, individuals and their families, with almost one million covered lives.
- Assurant Health was one of the first to introduce Health Savings Accounts, and its companies continue to be top sellers of HSAs.
- Assurant Health has developed a portfolio of Health Reimbursement Arrangements (HRAs) for small businesses.
- Assurant Health's legal entities, Time Insurance Company and John Alden Life Insurance Company, have each been assigned an A.M. Best rating of A- (Excellent). Union Security Insurance Company is rated A (Excellent).
Since 1892, Assurant Health's companies have provided health insurance to individuals, families and small businesses. We focus on giving you innovative and affordable options - as well as the freedom to choose your preferred health care providers.
Blue Cross / Blue Shield
Finding and purchasing the best insurance plan for yourself or your company should not be confusing and difficult. Term Brokers Insurance Services makes your decision easy by offering you the best health products in the industry. What can be said about Blue Cross Blue Shield health insurance that is not preceded by their unblemished and enduring reputation? It is a reputable company - perhaps the "best of the best." They offer health insurance plans for every budget and every need. Blue Cross Blue Shield health insurance plans can be custom made to fit the needs of everyone, including individual, family and group. There are also additional plans for seniors to supplement medical care coverage as medical care doesn't cover everything and seniors need to pay prescription medications. It is good to know that all Blue Cross Blue Shield health insurance plans cover some prescription coverage for formulary and non-formulary medications. These insurance plans also offer options to purchase a three month supply at a discount price. There are many different plans available which vary in deductibles, co-pays, out-of-pocket-expenses. Maximum lifetime benefits could also be different. There are many options depending on if your plan is a Health Maintenance Organization, Preferred Provider Organization or Point of Service plan.
You can purchase a group or an individual policy. There are many different plans available. If you need more information on the different Blue Cross Blue Shield health insurance plans available, call us.
COBRA Insurance Coverage
US employers axed 533,000 jobs from payrolls in November 2008, the most in 34 years, as the year-old recession hammered the economy and hardened calls for dramatic government action to restore growth.
Additionally, the Labor Department said the unemployment rate hit 6.7 percent last month, the highest since 1993, which adds up to 10.3 million Americans out of work, 2 million more than the population of New York City. Many individuals and families are either without health insurance or have opted to continue their expensive coverage's under COBRA insurance.
Congress passed the landmark Consolidated Omnibus Budget Reconciliation Act (COBRA) health benefit provisions in 1986. The law amends the Employee Retirement Income Security Act, the Internal Revenue Code and the Public Health Service Act to provide continuation of group health coverage that otherwise might be terminated upon, among other criteria, a lay off from your job. With . COBRA provides certain former employees, retirees, spouses, former spouses, and dependent children the right to temporary continuation of health coverage at group rates. This coverage, however, is only available when coverage is lost due to certain specific events. Group health coverage for COBRA participants is usually more expensive than health coverage for active employees, since usually the employer pays a part of the premium for active employees while COBRA participants generally pay the entire premium themselves.
If you are currently covered by COBRA, chances are we can save you money and offer you better coverage's.
CALL TODAY! 850-864-2000 to set an appointment or to arrange for a Heath Insurance quotation from our top insurance professionals. Or email us requesting us to give you a call!
