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Tag Archives: marketplace

Consumers Choice Health Plan of SC beats projections.

4 Aug , 2015,
jtdickerson
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As recently reported by various news sources, a recent audit by the Department of Health and Human Services Office of the Inspector General has revealed that 22 out of the 23 health insurance Co-Op’s formed as a result of the Affordable Care Act “Obamacare”, lost money in 2014.

What many of these articles fail to mention, however, is that here in South Carolina, Consumers Choice Health Plan has actually beat projections! As reported in the HHS OIG audit, as of 12/31/2014 net income for Consumers Choice Health Plan was -$3,808,177. Consumers Choice Health Plan South CarolinaWhat is important to note, however, is that projected net income for CCHP-SC was -$8,135,435. This means that Consumers Choice beat expectations by just over $4.3 million! This is obviously a positive development, and will hopefully prove to enhance competition and choice of health plans for South Carolina residents!

Consumers Choice Health Plan – Looking forward

It is also important to note that, looking forward, initial projections called for Consumers Choice to expect a net loss of $3,852,901 for 2015. Based on initial projections, Consumers Choice is not expected to turn a profit of $1,050,934 for 2016. Of course, given past performance in 2014, reality may be more optimistic. As most industry experts agree, sustainability in health insurance markets is not achieved overnight. A health plan must make incremental improvements to maintain sustainability, while providing quality and value for their membership. Given the positive results so far, we hope that Consumers Choice Health Plan can maintain its positive growth, and provide quality health plan options for South Carolina residents.

Read the full audit here.

If you need help getting enrolled with Consumers Choice Health Plan, please call us directly at 843-882.7062!

Create your account at healthcare.gov – Video

15 Dec , 2013,
jtdickerson
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Today we begin the first in a series of videos designed to help you get started with the enrollment process at www.healthcare.gov. Today’s video will show you the process used to create your account at healthcare.gov. Check it out below:

As your #1 South Carolina Obamacare Agent we are committed to helping South Carolina residents find the best, most affordable coverage for your unique situation. As a licensed health insurance agent/broker for over 10 years, we have the experience needed to help you make the right decision. Many South Carolina residents will qualify for lower costs on their health insurance premiums through healthcare.gov. The first step to finding your health insurance coverage for 2014 is to create an account at create an account at healthcare.govcreate an account at healthcare.govhealthcare.gov. Not sure which plan to choose? Contact us today, and we can help you determine if you may qualify for a health insurance tax credit to lower your costs!

Why create your account at healthcare.gov?

By creating your account at healthcare.gov, you are just minutes away from determining if you qualify for a premium tax credit to reduce you health insurance costs. Many South Carolina residents who apply through healthcare.gov may also qualify for cost sharing subsidies. These tax credits and cost sharing reductions are only available for health insurance plans purchased through healthcare.gov. We can help you with the process! Get started today by watching our video and create your healthcare.gov account!

 Is it safe to create your account at healthcare.gov?

After the SC Department of Revenue breach in 2012, it is understandable that many SC residents are wary of their online privacy. While many people are worried about the security of their information at healthcare.gov, we would like to point out that identity theft happens all over the internet. If you use popular services such as Facebook, Google, or online banking, chances are your information is already readily available on the internet. We recommend everyone who uses the internet on a daily basis be wary of their personal information safeguards, use strong passwords, clear your browser cache regularly and use 2-step authentication where possible. As an online health insurance agent, I use a variety of security methods such as encryption, 2 step authentication, virus protection and strong passwords to ensure HIPPA compliance and my own personal data security.