Will the IRS allow subsidies for carrier direct policies?

We recently receive news of another possible workaround for the problem plagued healthcare.gov website. Last week we learned that the National Association of Health Underwriters has requested clarification from the IRS on the subject of subsidy eligibility for consumers who purchase a Qualified Health Plan directly from an insurer. Specifically, it was asked if subsidy […]

Coventry now has MUSC in the Tier 1 network in the Charleston metro area plans

Great news! We have recently learned that the Coventry health plans offered through the Federal Marketplace in Charleston, Berkeley & Dorchester counties now have the Medical University of South Carolina contracted in the Tier 1 network! We confirmed this earlier in the week with our Coventry sales representative. But don’t take our word for it! […]

Carolina Care Plan Cancellation letter?

On July 1st, 2013 Carolina Care Plan announced they were leaving the South Carolina Health Insurance market. With this announcement, approximately 37,000 South Carolina residents received notification that their plans would end December 31, 2013. According to Carolina Care Plans parent company, Medical Mutual of Ohio, exiting the South Carolina market was a result of […]

SC Obamacare Delay?

Updated 11/14/2013 at 6:25pm EST Currently, news channels and websites are abuzz about President Obama’s announcement to “fix” insurance cancellations. Of course, for anyone paying attention, talk about insurance cancellations has been a hot button issue in the news for the past few weeks. As Moneynews.com reports: “It’s unclear what the impact of Thursday’s changes […]

3 Tips to Remember when you create a Marketplace Account

The following blog entry from healthcare.gov contains a few tips for establishing a Marketplace Account. I highly recommend using the Internet Explorer browser when attempting to setup your Marketplace account. And of course, if you found anything from schealthconnector.org useful, please consider designating us as your agent/broker. On section 3 of your subsidy application, entitled […]

Healthcare.gov Update Tuesday – 11/12/2013

HealthCare.gov NEW Weekend Alert: The Health Insurance Marketplace online application isn’t available from approximately 1 a.m. to 5 a.m. EST daily while we make improvements. In addition, between Saturday evening, November 9 and early morning on Tuesday, November 12, there will be times when you can fill out your application, but you will need to […]

South Carolina Healthcare Reform Quick Update – 11/08/2013

South Carolina Healthcare Reform Quick Update – 11/08/2013 The federal marketplace website has been working somewhat more reliably. However, as of Thursday 11/07/2013 the site indicated the HUB was down. Although we could complete and submit a subsidy application, we could not receive a subsidy determination. Stay tuned for more news! Currently, 11/09/2013, it appears […]

AMA study finds South Carolina Market 6th least Competitive

Nov. 7, 2013 CHICAGO – The American Medical Association (AMA) today announced its annual list of 10 states with the lowest levels of competition among commercial health insurers. Those are among 15 states in which a single company had a majority share of the market. The list was developed from the newly released 2013 edition […]

“Use It or Lose It” – IRS Modifies FSA Rules

On November 1, 2013 the Internal Revenue Service issued new guidance affecting Flexible Spending Accounts. How will this guidance affect South Carolina residents? The new guidance allows up to $500 of unused FSA funds at the end of a plan year in a health FSA to be paid or reimbursed to plan participants for qualified medical expenses […]