Eric Smith of CO Health Brokers Offers Insights for Health Insurance Open Enrollment - InsuranceNewsNet

InsuranceNewsNet

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading newswires
Topics
  • Life Insurance
  • Annuity News
  • Health/Employee Benefits
  • Property & Casualty
  • Advisor News
  • Washington Wire
  • Fiduciary Rule
  • INN Exclusives
  • Newswires
  • INNsider
  • INN Exclusives
  • NewsWires
  • Magazine
Sign in or register to be an INNsider.
  • INN Exclusives
  • NewsWires
  • ★ Regulation News
  • Podcast
  • Magazine
  • About
  • Advertise
  • Editorial Staff
  • Contact
  • Susbcribe

Get Social

  • Facebook
  • Twitter
  • LinkedIn
  • Google+
Insider
newswires
newswires RSS Get our newsletter
Order Prints Share
October 11, 2018 newswires No comments Views: 14

Eric Smith of CO Health Brokers Offers Insights for Health Insurance Open Enrollment

PR Web

LOUISVILLE, Colo (PRWEB) October 11, 2018

Eric Smith, president of CO Health Brokers, offers tips and insight for understanding how to take advantage of this critical month for health insurance.

Once per year the general public has a short window of open enrollment to shop for and select critical health insurance that will cover an individual and their family for the upcoming calendar year. Health insurance expert Eric Smith and his team at CO Health Brokers have been helping the community stay one step ahead of this often overwhelming and confusing process by going the extra mile and finding the right health insurance that fits for each client.

Smith, who is certified on Connect for health to assist clients, answers the following essential questions CO Health Brokers receives to help the Louisville and surrounding Boulder County community realize the importance of this open enrollment timeframe and why using a brokerage can be a gamechanger.

When is the window of time for open enrollment?
Beginning November 1 and ending on December 15, individuals and families can shop for and select a health insurance plan that fit their overall needs and budget. "Once purchased, the health insurance plan will go into effect January 1, 2019," noted Smith.

Why use a health insurance agent or broker?
Being represented by an expert takes the guesswork out of shopping for and choosing the right health insurance plan. Agents and brokers have licensed access to federal programs to assist lower-income clients and other alternative plans for those that are healthy. "There is no one-size-fits-all solution, so it's always wise to explore all options," added Smith.

What if I can't afford health insurance?
Brokers and agents can assess each client's situation and walk them through the application process for medicaid or receiving program subsidies. A subsidy is financial assistance to help pay for a monthly health insurance premium, and does not need to be paid back unless there is an increase in income that calendar year.

How can I prepare for open enrollment and working with a broker?
Refer to the prior year tax return and estimate what the total taxable income might look like for 2018. "This will help a broker quickly estimate which products may fit best for your current financial situation," advised Smith.

Will the upcoming administration changes affect health insurance?
Health insurance plans and current federal programs available to the public have not changed. "On the contrary, there is now more access to health insurance plans than before and the personal mandate penalty will be going away starting in 2019," concluded Smith.

About Eric Smith, Colorado Health Brokers
For the last 15 years, Eric Smith has specialized exclusively in health insurance for individuals, families, and businesses. Eric has received numerous awards as a top producer and was hired by Colorado to help train other brokers on http://www.connectforheatlhco.com. Colorado Health Brokers is located at 400 McCaslin Blvd #400, Louisville, C0 80027. For more information, please call (303) 541-9533, or visit http://www.cohealthbrokers.com.

For media inquiries, please call the NALA at 805.650.6121, ext. 361.

Read the full story at https://www.prweb.com/releases/eric_smith_of_co_health_brokers_offers_insights_for_health_insurance_open_enrollment/prweb15831467.htm

Older

Insurance Agent Joseph Norena Examines Business Income Insurance Essentials

Newer

Fed ‘Has Gone Crazy’ With Interest Rate Hikes, Trump Says

Advisor News

  • MDRT Study Finds Consumers Want Advisors Over Tech
  • Your Clients Should Plan Retirement Savings To Last 23 Years
  • Robert Moore Steps Down As CEO Of Cetera, Due To Health Reasons
  • Financial Advisor Fined In $1M Scam
  • Mercer Advisors Acquires Arbor Asset Management
More Advisor News

Annuity News

  • Nick Lane Assumes Role As President Of AXA Equitable Life
  • Annuity Sales Spiked 14 Percent In 2018, No Slowdown In Sight
  • Speak Out: NAIC Gets Plenty Of Advice On Annuity Sales Rule
  • Lincoln Financial Introduces Annuity Designed For Retirement Rollover Dollars
  • IRI Urges NAIC To Proceed Cooperatively With SEC On Suitability
More Annuity News

Health/Employee Benefits

  • Government Headed For Close To Half The Nation’s Health Tab
  • National Health Expenditures To Hit $6T By 2027, CMS Predicts
  • Florida Governor Wants To Import Drugs From Canada
  • Dems Grapple With ‘Socialism’ Label On Health Care
  • One-in-Five U.S. Rural Hospitals At Risk Of Closing: Study
More Health/Employee Benefits

Life Insurance

  • AIG Sets New Term Life Insurance Rates
  • Northwestern Mutual Reports Strong 2018 Financial Results
  • Florida Police: Niece Steals $188,000, Life Insurance, From Aunt
  • P/C Broker Gallagher Widens Retirement Practice Into IMO Space
  • MDRT Study Finds Consumers Want Technology To Complement, Not Replace Human Advisors
Sponsor
More Life Insurance

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.
select Newsletter Options

Most Popular

  • Annuity Sales Spiked 14 Percent In 2018, No Slowdown In Sight
  • Understanding The Benefits Of Whole Life Insurance
  • Speak Out: NAIC Gets Plenty Of Advice On Annuity Sales Rule
  • What If The Market Goes Up? Why An FIA Is Better Than Stocks
  • P/C Broker Gallagher Widens Retirement Practice Into IMO Space

Featured Offers

Text Ads

Press ReleasesAll press releases

  • LegacyShield® Launches MyTax, An Integrated Solution for Simplified, Professionally Prepared, Tax Returns
  • Nassau Re Launches Insurtech Incubator Will Give Space and Support to Startups in Hartford
  • Peerfit Prepares for Medicare Expansion with Peerfit Move, Recruits Industry Veteran
  • Great American’s Annuity Customers Share Their Secrets to a Great Retirement
  • Securian Financial Introduces Affordable, Protection-Focused IUL with No-Lapse Guarantee
Add your Press Release >

Topics

  • Life Insurance
  • Annuity News
  • Health/Employee Benefits
  • Property and Casualty News
  • Advisor News
  • Washington Wire
  • Regulation

Top Sections

  • INN Exclusives
  • INN Insider

Our Company

  • About
  • Editorial Staff
  • Advertise
  • Contact

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter Google+
© 2019 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • Sitemap
  • AdvisorNews

Sign in with your INNsider Account

Not registered? Become an INNsider.