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Checklist for Choosing Short-Term Insurance

Checklist for Choosing Short-Term Insurance

Short-term health insurance is a temporary solution for gaps in coverage, but it comes with limitations. Here’s what you need to know: Lower premiums: Plans start around $100/month but have high deductibles and limited benefits. Limited coverage: Excludes...
How Do I Change my BCBSIL Medicare Supplement Plan?

How Do I Change my BCBSIL Medicare Supplement Plan?

If you’re looking to change your BCBSIL Medicare Supplement plan, here’s the quick answer: you can switch plans during specific times without medical underwriting, thanks to Illinois rules like the Birthday Rule. This allows individuals aged 65–75 to change to a plan...
Group Health Plans: Cost-Saving Strategies

Group Health Plans: Cost-Saving Strategies

Providing health coverage to employees is expensive, especially with medical costs projected to rise by 9% in 2026. Employers in Illinois face tough choices when structuring their contributions. Two common approaches are: Percentage-of-premium models: Employers cover...
IRS Guidelines for Medicare Premium Deductions

IRS Guidelines for Medicare Premium Deductions

Medicare premiums can help lower your taxes, but most Americans don’t know how. Here’s what you need to know: Medicare premiums are tax-deductible: This includes premiums for Part B, Part D, Medicare Advantage (Part C), and even voluntary Part A (if paid...