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 Mistakes to Avoid When Buying Health Insurance

Purchasing health insurance is a personal decision, one that should take into account your budget as well as your current and potential health care needs. However, many individuals make major mistakes when choosing a plan, which can result in higher costs, less coverage, and even the risk of a financial crisis should a critical illness occur. Avoid these three mistakes when buying health insurance.

Choosing a Plan on Price Alone

In the insurance industry, like many others, you get what you pay for. If you choose the most inexpensive insurance plan, you’re likely not receiving the coverage that you need. Choosing a plan based on price alone overlooks your unique health care needs. Failing to choose a plan that doesn’t consider precisely what you need for health coverage means that when a health incident occurs, you could be footing the bill. While price can certainly be one factor in your health insurance shopping decision, you should consider price only within the context of your health care needs. There is a new breed of innovative companies that are changing the way health insurance is purchased.

One such company www.Jibehealth.com is matching individuals with health plans based on their unique needs not their zip codes.  In short, price shouldn’t be a prohibitive factor in getting the insurance that you require.

Avoiding High Deductibles

Insurance shoppers might be scared off by high deductibles, but choosing the plan with the lowest deductible isn’t always the smartest choice. A National Bureau of Economic Research working paper revealed that while many individuals opt for higher monthly premiums to secure lower deductibles, doing so might not be the best financial move. Paper co-author Saurabh Bhargava, assistant professor of economics at Carnegie Mellon University indicated that the additional payment in monthly premiums surpasses any savings created by the lower deductive. As a result, higher monthly premiums result in higher healthcare costs overall, even if the deductible is lower.

Skipping Critical Illness Insurance

Just because you’re healthy today doesn’t mean a critical illness can’t impact you in the future. Rather than purchasing health insurance that covers everyday illness and well checks, you should shop with potential critical illnesses in mind. Critical illness are inevitably a part of many Americans lives. One in every three deaths in America is caused by heart disease, stroke, and other cardiovascular diseases. In 2011 alone, nearly 787,000 people died of these causes, according to the American Heart Association. The incidence of cancer in the U.S. is equally alarming. In 2015, the American Cancer Society projects more than 1.6 million new diagnosed cases of cancer, as well as almost 590,000 cancer deaths in the U.S.

Coverage for these critical illnesses can result in significant savings should you be affected by one of these conditions. Critical illness coverage guarantees you anywhere from $25,000 to $200,000 should you suffer from a heart attack or stroke or face a cancer diagnosis. Without this important insurance coverage, you may be left facing high medical bills and loss of wages, which can have a profound impact on your overall financial situation. As a result, critical illness coverage is imperative to ensure you are well protected should the unthinkable strike.

Conclusion

Smart shopping can lead to a better insurance plan.

By avoiding these mistakes, you’ll find a health insurance plan that is best suited to your needs, and you might save some money along the way.

Will Your Health Insurance Pay for Your Weed?

Will Your Health Insurance Pay for Your Weed?

Introduction

Whether taken legally in some states for medicinal purposes or recreationally and illegally in others, marijuana is the drug of choice for many Americans. In fact, research as recent as 2013 indicates that marijuana use is on the rise. With voters across the country approving the legal use of medicinal marijuana, those figures only look to increase. Medicinal marijuana even stands to impact the health insurance marketplace. You might be used to getting your prescriptions covered through your insurance, but will you now be able to find one that pays for your weed, too?

Marijuana Use in America

A 2013 study conducted by Gallup revealed some interesting statistics about marijuana use in the U.S. A reported 38 percent of Americans admitted to trying marijuana up from 33 percent in 1985 and 34 percent in 1999. Few age boundaries exist as far as Americans’ marijuana use is concerned. Almost half of all individuals who have experimented with marijuana tried it for the first time between ages 30-49. In fact, this age group is the one most likely to be smoking weed today. According to Gallup, more individual’s ages 30 to 64 are smoking weed than their younger generation, young adults aged 18 to 29.

The Gallup poll further revealed little differences in marijuana use among races, education, and income levels. These findings show that marijuana use is pervasive in the U.S., with individuals from a variety of backgrounds smoking weed. While most are doing it recreationally, some marijuana use is for medicinal purposes, especially with changing laws in some states.

Marijuana Legality in the U.S.

Twenty U.S. states permit legal marijuana use in some capacity. State laws vary widely in this area even states that permit medicinal marijuana use have different laws on how it can be obtained and used. Proposals, propositions, state bills, and initiatives have been placed on many state ballots in recent years, with voters approving the legality of marijuana. For example, Arizona approved Proposition 203 in 2010, which allows qualifying patients to purchase a medical marijuana registry identification card. This card gives the patient permission to smoke weed for medicinal purposes, as prescribed by his or her physician. Other states have similar cards, which ensure that the patient can smoke weed to ease the symptoms of a range of debilitating conditions without being arrested or charged with a crime.

Impact on Health Insurance

Recent trends show that more and more voters are saying “yes” to legalizing marijuana. With medicinal marijuana accepted a legal treatment option in 20 states, it’s time to consider its impact on health care. As it stands today, medicinal marijuana does not have to be covered by health insurance, and federally funded health care programs such as Medicaid do not cover medicinal marijuana. Checking out healthcare.gov is not going to reveal an insurance plan that covers weed. So, while using marijuana for medicinal purposes is legal in many states, it still comes at the cost of the patient.

Looking Ahead

Platforms such as Jibe Health,   www.jibehealth.com match consumers based on their needs with affordable health insurance plans. Jibe Health also offers a variety of private health exchange plans options. Insurance Carriers include Bluecrossbluesheild.com Atena.com, Humana.com, Unitedhealth.com, Coventry, Cigna and many others.

However, even when you buy health insurance, you still have to pay out of pocket for medicinal marijuana because most laws state that insurance companies are not required to cover this treatment. So, for the time being, the answer to the question “Will my insurance pay for my weed?” is a resounding no.

That said, if marijuana is identified as an effective treatment for a range of conditions, proponents of medicinal marijuana have a valid argument in favor of insurance coverage. Research reveals that marijuana can help ease the symptoms and side effects of a range of conditions, helping individuals with cancer, HIV/AIDS, Lou Gehrig’s disease, Alzheimer’s disease, and a range of other chronic and debilitating conditions. If other prescriptions and treatments for these diseases are covered, why isn’t medical marijuana covered? In this form, weed is not an illegal drug being taken recreationally. Instead, it’s a prescription treatment just like your everyday antibiotic that is covered by health insurance. As the legality of marijuana shifts, will health insurance shift as well and, ultimately, cover weed as a treatment?

Those against insurance coverage would argue that the medicinal marijuana laws are open to fraud. Will individuals seeking easy access to weed fib about a health condition in order to get a legal prescription? Will unscrupulous health care practitioners seeking to increase their patient load readily dole out marijuana prescriptions? Will patients looking to score a weed prescription shop for doctors who are willing to prescribe marijuana for a range of benign medical issues, such as back pain or carpal tunnel syndrome? The mere potential for these problems to occur is enough for states and insurance companies to leave medical marijuana expenses up to the patient.

Conclusion

America’s views on marijuana legality are changing, and medicinal marijuana is a treatment option for an increasing number of citizens. This fluid situation will surely evolve over time, whether more states put medicinal marijuana on the ballot or insurance companies eventually cover this treatment or both.

JibeHealth Inc. all rights reserved 2015

www.jibehealth.com

 

 

Why Losing Your Group Health Benefits Can be Great News

Why Losing Your Group Health Benefits Can be Great News

JibeHealth.com

You’ve landed a new opportunity, and you’re evaluating the offer to decide if a job change is right for you. Or, maybe you’re not so lucky, and you’re desperately seeking to get out of the unemployment rut and have few choices. Either way, evaluating your benefit package is an important part of assessing the advantages and disadvantages of your job. Understanding what benefits–if any–are included with your job offer and your out-of-pocket costs is important. Unfortunately, this assessment might not bring good news because today’s employers are reducing coverage from all angles. Worse yet, you might even experience reduced coverage with your existing employer.

Shifting Coverage

Health care costs are rising, and with this increase, employers are not providing benefits like they used to. Decades ago, benefits packages were attractive for potential employees. Expansive health insurance coverage, combined with life insurance packages, accident and disability coverage and more, made benefits an important factor to consider when choosing to accept or reject a job offer. At the time, employees relied on these benefits and expected them even as they moved from one job to the next.

Today, however, many of these attractive features are gone. Employees are lucky to receive health insurance coverage at all. For many employers, offering accident and disability coverage, along with life insurance, is a thing of the past.

This dramatic and historic shift in health care coverage is, in part, due to the rising costs of health care, which falls largely on employers’ shoulders. Since 2006, the cost for an employer to have just one employee covered under its health care plan rose 40 percent. This increase resulted in a whopping $13,000-per-employee expense for employers. Projections indicate that these already high costs will continue to skyrocket, making it even more challenging for employers to continue to provide health care coverage.

Impact of Obamacare

The Patient Protection and Affordable Care Act–Obamacare has had an enormous impact on employer health care coverage. About 163 million Americans receive employer-sponsored health insurance coverage today. However, part of PPACA provides subsidies for families to receive health insurance without any employer contribution. Now that individuals have an alternative to employer-sponsored coverage, employers are rethinking their decision to provide health care, which is a major expense for any organization.

In fact, changes are already afoot. After the PPACA took effect, UPS decided to drop some of its employees’ spouses from its health care plan. Other companies across the country are making similar moves, shifting the expense of health care costs to the employee. With so many change in today’s health care marketplace, protecting yourself and your family is essential.

Your Options

Don’t rely on your current or future employers for health care coverage in these changing times. You have a wealth of health insurance options today, and what coverage your employer offers if any might not be the best fit for your family.

Even more, when you’re relying on employer-sponsored insurance, your coverage will always hang in the balance. Will your employer follow UPS’ lead and drop your spouse from the plan? Will your employer decide to stop offering health insurance coverage next year? When you take control of your coverage, these questions don’t have to keep you up at night.

Public exchanges are government-subsidized plans established through Obamacare. How much you pay depends on your income level, which means that public exchange plans are not the right fit or the most economical for all families. Private exchanges such as JibeHealth, www.jibehealth.com are possibly the best option in today’s changing health care marketplace, giving you even more choices than public ones including carriers like Bluecrossbluesheild.com Atena.com, Humana.com, Unitedhealth.com, Coventry, Cigna and many others.

Private exchange platforms allow you to choose coverage that truly fits your lifestyle. These plans can expand your provider network, allowing you to find physicians that fit your unique health care needs. Because these plans are PPOs Preferred Provider Organization they allow you to tap into a broader physician network, one that can even cross state lines.

Jibe Health Inc. all rights reserved 2015

www.jibehealth.com