Archive for the ‘Health Insurance’ Category

Affordable Care Act options in Missouri and Kansas

Individual health insurance options have become quite limited and are administered thru the Marketplace. We are able to assist you on the application process with the following companies….


Ambetter, Centene, Cigna, and Medica


Medica, and Ambetter

You may be able to lower your monthly premiums for health insurance through the Advance Premium Tax Credit. These credits may be applied directly to your monthly premium or can be used at the end of the year when you are filing your taxes. The amount of savings depends on family size and your modified adjusted gross income (MAGI). MAGI is generally the household’s adjusted gross income plus any tax exempt Social Security, interest, and any other sources of income. The MAGI will be calculated for you during the Marketplace application process. The amounts below can be used as a general guide and are based on 2019 numbers….

Family of four

< 133%< $33,383
133 – 138%$33,383 – $34,638
138 – 150%$34,638 – $37,650
150 – 200%$37,650 – $50,200
200 – 250%$50,200 – $62,750
250 – 300%$62,750 – $75,300
300 – 400%$75,300 – $100,400
> 400%$100,400


< 133%< $16,146
133 – 138%$16,146 – $16,753
138 – 150%$16,753 – $18,210
150 – 200%$18,210 – $24,280
200 – 250%$24,280 – $30,350
250 – 300%$30,350 – $36,420
300 – 400%$36,420 – $48,560
> 400%$48,560

Short term health insurance

A short term health insurance plan can be a very good alternative to the individual health insurance plans offered thru the Affordable Care Act. In 2019, the penalty of not having creditable coverage is being eliminated. Furthermore, the short term coverage periods are being extended to have continuous coverage for up to 36 months. In most cases, the short term plans have a larger number of providers/facilities that are in-network which gives the consumer more flexibility. The only downside to these plans is that pre-existing health conditions are not covered.

Ancillary insurance

With the rising costs of health insurance, one way to decrease premiums is to raise your deductible. However, that increases your out of pocket cost when you have a claim. Having an plan that will reduce your out of pocket can give you a little more peace of mind. Examples of plans are….

Hospital indemnity insurance-will pay a specified per day amount (200–1000 per day) during a stay at the hospital.

Cancer policy-will pay a lump sum on a first diagnosis cancer ($5,000-$20,000), that you can use for unexpected costs.