Deadline Extended Healthcare – Sign up by Dec 17 for Jan 1 Coverage

JibeHealth.com (http://jibehealth.com)

December 15th 2015

Santa has delivered an early gift to millions of Americans by extending the deadline to get coverage for January 1st. Obamacare officials extended the deadline by 48 hours late Tuesday night as a result of “unprecedented demand” during the current 2015 open enrollment.

1-888-743-1417

The December deadline includes 38 states and California, the largest state run exchange. Officials have not indicated that an extension will be granted for the broader deadline of January 31st.

Get covered by January 1 and avoid the tax penalty of $695 or up to $2085+ per household.

A special number has been setup to fast track your application.

1-888-743-1417

Avoid any wait times. Must call in the next 48 hours!

Millions of Americans Have Unclaimed Health Care Money

The 2010 passage of the Affordable Care Act extended a variety of health care benefits to different socioeconomic groups. Specifically, Obamacare sought to deliver reliable insurance coverage to lower-income, often uninsured groups. Subsidies, which are a part of the ACA, help to offset the costs of health insurance for individuals and families who meet specific income standards. Unfortunately, many people are unaware of the intricacies of Obamacare, including the access to subsidies, which results in billions of dollars of health subsidy money left untouched.

Health Subsidy Requirements

The annually established federal poverty level, or FPL, is the standard by which subsidies are assessed and distributed — for health insurance and beyond. The federal poverty level is set for a variety of family sizes, from individuals and married couples to families with one or many children. What percentage of income an individual, couple, or family brings in as it relates to the FPL determines what, if any subsidies, that they are eligible for. For example, the Affordable Care Act gives states the opportunity to offer Medicaid coverage to anyone who qualifies under 138% of the FPL. Those with incomes of up to 400% of the FPL may also have access to insurance coverage with lower deductibles and copayments, which can result in significant savings every month. In between those extremes, other subsidies exist as well.

Purpose

One of the primary tenets of the Affordable Care Act was to give the uninsured access to affordable health care. Thus, the purpose of these subsidies is to help extend health coverage to those people who need it but cannot afford it. Individuals and families living at low and moderate income levels might struggle to piece together the money to secure health insurance. These subsidies make both health coverage and health care services more affordable, with a goal of increasing the number of insured individuals in the U.S. If you haven’t looked into your eligibility for subsidies, now is the time.

Recouping Your Subsidies

Determining whether you are eligible for subsidies begins with comparing your household income to the federal poverty level. Don’t be put off by this simple formula. Instead, visit the Jibe Health platform, www.jibehealth.com where you can determine your subsidy eligibility in as little as 60 seconds. Just imagine in one minute, you might tap into unclaimed money that you deserve in accordance to the Affordable Care Act. We understand that researching these subsidies and assessing your eligibility might be confusing, especially for novices with health insurance. At Jibe Health, we are well versed in the many intricacies of the Affordable Care Act’s subsidies, and we can quickly assess whether your income level qualifies you for these reduced rates.

The federal government is sitting on billions of dollars in subsidies that have gone unused. Don’t let these potential savings go to waste another day. If you think that your family might be eligible for a subsidy, let JibeHealth.com help you minimize your health care expenses today. You’re just a few clicks away from increased savings and improved access to health care.

Why Your Generic Prescription Could Be Killing You

Opting for a generic prescription might seem like the smart choice. After all, you seem to be getting the same drug, only at a fraction of the price. However, generic drugs aren’t always what they seem. You could be putting your health at risk by choosing the more inexpensive option. Discover here why generic drugs could be a dangerous choice, one that can have serious and long-term consequences.

Bioequivalence: Not an Exact Science

While the U.S. Food and Drug Administration oversees the production of generic drugs and ultimately approves their usage, the FDA also acknowledges that reproducing a brand-name drug isn’t always an easy undertaking. As a result, when you choose the generic option, you’re opting for a drug that is not the biologic equivalent of the brand-name drug.

Here’s how the creation of generic drugs works. The generic drug manufacturer, by law, is mandated to use the same active ingredient in the brand-name drug. However, the FDA gives some leeway regarding just how precise the use of that active ingredient must be. Rather than precisely replicating the makeup of the drug’s components, the FDA allows generic drug manufacturers to create a drug that contains up to 20% less of the active ingredient in the brand-name drug. As a result, your generic drug just might be 20% less effective than the brand name.

Furthermore, Katherine Eban of Fortune Magazine, reports that the FDA’s rules surrounding the drugs other ingredients are far more lax. So, while the generic drug you choose may have some portion of the same active ingredient in the name brand, it also may include other ingredients not found in the pricier prescription. Logic tells you that if you’re paying less for this drug, the ingredients are probably of a lesser quality.

The Impact of Generic Drugs

Simply put, the generic drug you pick up at your pharmacy probably isn’t the same makeup as the brand-name drug. As a result, the switch from a brand-name drug to a generic one can dramatically impact your health. For example, even when the brand-name drug and generic drug have the same amount of active ingredient, the rate at which this active ingredient is released into your body may vary. You might notice unexpected side effects and reduced efficacy of the drug as a result. Moreover, the less-regulated excipients, or other ingredients, may contribute to a host of side effects as well. In one startling example, individuals who took the brand-name antidepressant Wellbutrin XL reported extreme depression and suicidal thoughts when they switched to the generic drug, according to ABC News.

Choosing Health Insurance with Prescriptions in Mind

Your health insurance should give you the freedom to choose brand-name pharmaceuticals. While Tier 1 and Tier 2 generic prescriptions might result in a lower copay, they also might be less effective, bring with them more side effects, or, in a worst-case scenario, negatively impact your health. JibeHealth.com matches individuals with health insurance plans based on their needs.  JibeHealth http://www.jibehealth.com will match you with the right tier and identify health plans that meet your exact needs.  Tier 4 prescriptions include higher-priced, brand-name drugs. When choosing a health insurance plan, look closely at the prescription coverage to make sure you aren’t forced into opting for questionable generic alternatives. Maximize your health, and get matched with a plan that provides you access to Tier 4 brand-name drugs.

Why 85% of People Select the Wrong Health Plan

JibeHealth (www.jibehealth.com)

The Affordable Care Act gave consumers the opportunity to choose health insurance plans in a competitive marketplace. However, selecting a health insurance plan isn’t a simple task, and the Health Insurance Marketplace, which is filled with many types of plans at many price points, can certainly lead to some confusion. Ultimately, consumers who have limited knowledge of health insurance may be led down a path toward a plan that simply doesn’t work for their lifestyle and health care needs.

Selecting the Wrong Plan

The Centers for Medicare and Medicaid Services and the U.S. Department of Health and Human Services reported that up to 85 percent of consumers chose the wrong plan in 2014. A poorly selected insurance plan can have several long-term consequences. Individuals might not have adequate coverage for their health care needs, or they might be limited in the checkups, procedures, and prescriptions that their insurance covers. Ultimately, these individuals might end up with significant medical bills due to this poorly selected insurance plan.

Common Causes

Selecting an insurance plan should always consider a variety of factors, but ultimately, many people tend to make decisions based on just one factor: price. Tight budgets and exorbitant healthcare costs may leave people looking for the inexpensive health insurance option–even if that option isn’t the best for their unique needs and may even cost more in the long run.

People shopping for health insurance often begin on a website to collect quotes after entering their zip code. This method can result in a poorly selected plan. These “zip code” insurance quotes consider only the individual’s location, and the quotes and recommended plans are not tailored with the individual’s healthcare needs in mind.

Health care and health insurance shopping is undergoing tremendous innovation.

New federally approved web broker platforms like www.jibehealth.com  match consumers with health insurance plans based on their unique needs. Jibe health’s algorithm begins by asking a few simple questions and displaying plans that only match your unique health care needs.

Even more, most people aren’t well versed in insurance terminology. So, when they are perusing these “zip code” insurance quotes, they might not be quite sure what they are reading. Thus, they choose a budget-friendly plan without the confidence that the plan they chose will be sufficient for their healthcare needs. This uninformed and depersonalized method of insurance shopping certainly contributes to a high numbers of dissatisfied consumers.

Far-Reaching Impact

Choosing the wrong insurance plan affects more than just the individual. The federal government will take a hit as well. It stands to lose up to $9 billion in higher subsidy payments resulting from those consumers who chose the wrong plan. Choosing the wrong insurance plan isn’t just a personal problem–it’s a national one.

Tips and Tricks

Shopping for insurance doesn’t have to be confusing. The key to a successful insurance shopping experience is personalizing it. First, think carefully about what you need in an insurance plan. While you should certainly look broadly at the costs, including premiums, deductibles, and the cost of any hospital stays, you should also see what doctors and hospitals you will have access to under the new plan. Also, consider the type of prescription drugs that the plan will cover. Then, skip the “zip code” quotes and work on securing quotes for your unique needs. Using this method, you’ll be more pleased with your insurance plan, and you just might save the government some money along the way.

3 Reasons your Health Insurance could land you in Prison

JibeHealth.com

Almost a million people are set to lose their health insurance coverage because the information in their applications didn’t match the data that the federal government had on file; however, that’s not the scary part.

Last year, during open enrollment people were encouraged to apply for federal subsidies without providing any type of documentation: income verification, tax returns, citizenship or immigration documentation.

The end result was the government was unable to accurately determine the income of almost Two million individuals of the touted eleven million who enrolled.

The Affordable Care Act (ACA), aka Obamacare was passed to provide access to affordable health Insurance for all uninsured and underinsured US citizens. In simple terms, the ACA is an expansion of Medicaid.

Obamacare is supposed to make it affordable for lower income households to be insured by providing a subsidy to help cover the cost of the insurance.  In a nutshell, here’s how it works. If your household income is below a certain threshold, the government will write a check to the insurance company for the difference between what you pay and the actual price of your health insurance premium.

The old adage that nothing is free in this world is still true: not even Obamacare.

Reason # 1: You misstated your immigration status on your application

Knowingly or unknowingly making false statements on an application is a first degree felony, and is punishable by up to 5 years in prison. It also voids the entire insurance contract, all the way back to the effective date.

What the insurance company is going to do:

Any and all outstanding claims in process will not be covered, and the full financial responsibility of these medical bills will be placed on you.

– The insurance company will sue you for claims that they have previously paid, and they will request full reimbursement.

– Obtaining insurance in the future may be impossible, as fraud on your records will be seen by future insurance companies, and they may choose not to provide you with coverage.

REASON # 2: You misstated your income to obtain the subsidy and get a lower rate

What the IRS is going to do:

– It is estimated that 6,700 new IRS agent have been hired to enforce the individual mandate of Obamacare

– The IRS will flag your Social Security Number (SSN), along with other information on file, by matching your previous tax returns.

– If things don’t match up, they will cancel your subsidy, audit and/or fine you, and levy penalties and interest

– Also, you can face up to 5 years in prison

The IRS website states, “If advance payment of the premium tax credit was made but your income for the year turns out to be too high to receive the premium tax credit, you will have to repay all of the payments that were made on your behalf, with no limitation. Therefore, it is important that you report changes in circumstances that may have occurred since you signed up for your plan.”

REASON # 3: You unintentionally committed health care fraud

Health care fraud is the number one crime endangering the entire health care system. The IRS has recently made it clear that government’s key focus is on eliminating waste, abuse and cracking down on fraud everywhere. The federal government has informed insurance companies to terminate for those individuals who purchased their health insurance through HealthCare.gov, and have yet to provide the necessary documentation. Those terminations began as early as September 15, 2015.

Cancellation letters from various insurance carriers went out at the beginning of the month. This potentially leaves hundreds of thousands of individuals who were unable to provide the proper documentation in a far worse position than simply being uninsured.

What to do if you are in this situation

Federal officials are cracking down on individuals whose incomes cannot be verified. These people will lose their coverage, along with having to repay the government in full for all of the amounts paid by the government, including the subsidies. People whose coverage is terminated can apply to re-enroll for coverage at any point through platforms like www.jibehealth.com. Jibe health also has advocates on staff to help you sort out any issues free of charge. Jibe Health works with most insurance carriers such as Bluecrossbluesheild.com Atena.com, Humana.com, Unitedhealth.com, Coventry, Cigna and many others.

If you think any of these things may apply to you, don’t wait to be terminated by the insurance company. Call Jibe Health we will help you cancel your current coverage voluntarily, reapply with private insurance, and forgo the subsidy.

The moral of the story is simple: if you don’t really need the subsidy, don’t risk your liberty and freedom. It just isn’t worth it.

Jibe Health Inc. all rights reserved 2015

www.jibehealth.com

Will Your Health Insurance Disappear When Your Spouse Leaves

Will Your Health Insurance Disappear When Your Spouse Leaves

thumbnail-800-300x181

Happily ever after is only in fairy tales. In today’s society, divorce is the inevitable end to many marriages. In fact, about half of all U.S. marriages today end in divorce. In 2011 alone, there were 877,000 divorces in the United States, according to the Centers for Disease Control and Prevention. Accepting that divorce is a possibility in your marriage is the first step in protecting yourself when your relationship crumbles.

Divorce Statistics

When you say “I do,” you might dream of spending the rest of your life with your spouse. However, the statistics tell us that those “’til death do us part” vows do not mean much for many couples. Divorce affects individuals from all socioeconomic classes in the United States. Plus, the more often an individual marries, the more likely he or she is to get divorced–again. While half of all first marriages end in divorce, two-thirds of second marriages and a whopping 73 percent of third marriages result in divorce. In addition, couples of all ages dissolve their marriage. While younger couples are more likely to divorce, according to the CDC, the rates of “gray divorces”–that is, divorces among couples over age 65–is increasing as well. Simply put, divorce is a part of life for many Americans. Preparing yourself for divorce is an important protective measure.

Effects of Divorce

When your marriage crumbles, you experience a range of emotions, depending on your circumstances: sadness over the end of a relationship, frustration or anger directed toward your soon-to-be ex, or even happiness that you’re escaping a miserable marriage. In addition to dealing with this swing of emotions, you and your ex are tasked with dividing assets and liabilities. Who gets the house? How will you share custody of children? What money goes where? Tackling these questions is just the start of a long and detailed process that ensures that everything is divided fairly before your divorce is final. However, splitting up assets and liabilities might be the easy part — at least those tangibles can be split down the middle.

 Health Insurance and Divorce

You likely consider separating finances, property, and tangible assets during your divorce. However, health insurance can be another major issue during a divorce, especially if you are on your spouse’s plan. Perhaps you do not work or work as an independent contractor, and you are listed on your spouse’s plan because you do not have access to any employer-sponsored coverage. Perhaps you do have access to employer-sponsored insurance coverage, but your spouse’s plan is better or more inexpensive, which is why you opted for the family plan during your marriage. Regardless of why you’re on your spouse’s health insurance plan, the facts are simple: health insurance cannot be split 50-50.

Living without health insurance, even for the short term, is a risky move. If you have ongoing health problems, you need around-the-clock coverage. Even if you do not, one medical event can leave you with substantial medical bills. The last thing you need is a financial crisis in the midst of an emotionally taxing divorce. Therefore, it is imperative that you evaluate your health insurance options before those divorce papers are signed.

 Post-Divorce Options

Before you are dropped from your spouse’s insurance, you need to understand your options. In some states, you can petition a family court judge to allow you to stay on your spouse’s plan, even after divorce. However, if you do not want to have your insurance determined by the court system, you need to seek out alternatives.

Divorce is a qualifying life event also Known as (QLE), which allows you get a health plan outside open enrollment. You can also opt for a short term plan which typically covers you for six or twelve months. You can also speak with a certified licensed agent who is trained on divorce options, on platforms such as offered by Jibe Health, www.jibehealth.com specializing in unique situations with broad access to a large network of providers including Bluecrossbluesheild.com Atena.com, Humana.com, Unitedhealth.com, Coventry, Cigna and many others.

 

Conclusion

Divorce is tough enough — don’t let losing health insurance coverage compound the stress during an already difficult time. Being proactive and seeking out an individual health insurance plan that suits your specific health care needs ensure that you maintain coverage during your separation and beyond.

 

 

Jibe Health Inc. all rights reserved 2015

www.jibehealth.com