What are the most significant changes in 2011 in the Health Industry?
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 The Health Care Reform is still in full swing. Starting January 2011 all Individual Insurance companies are offering health care reform compliant plans. Group Insurance switched their plans in March of 2010. We now enjoy great benefits such as unlimited life time coverage, preventive care at no cost and guaranteed issue for children.But these new benefits are coming at a price. Reviewing the new plans, premiums have increased about 10 % across the insurance carriers, this is in addition to the regular yearly increases. Only Cigna grants a 12 months rate guarantee, and all other insurance carriers will adjust their rates quarterly or semi-annually in the Individual Market. For 2011, the government is requiring, that the medical loss ratio for insurance companies has to be 0.80 in the individual and small group insurance market. As a consequence all agent commissions for the individual market will be cut in half for 2011.
What is "medical loss ratio" ? Read my blog
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Remember Dec 31st ends the Annual Enrollment Period for Medicare
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Time is ticking - Anyone over 65 years who wants to review or change their Medicare Supplement, Advantage or Prescription Plan for 2011, has only 2 more weeks to make the necessary changes. The Annual Enrollment Period will expire on December 31st. In 2011 anyone in Medicare will receive a 50 % discount in brand name drugs, while in the "donut hole"
If you or any of your friends or family members need help with any Medicare product, do not hesitate to contact me at 310-909-6135 or info@solidhealthinsurance.com.
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December is Aids Awareness Month
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 AIDS, which was discovered in the early 80's, has caused the death of over 25 million people between 1981 and 2007, according to a Report on the Global HIV/AIDS Epidemic. In 2007 alone, 2 million lives were claimed; 270,000 of them being children. The same source stated that an estimated 33.2 million people worldwide live with HIV, making it "one of the most destructive epidemics in recorded history. Since it is the Season of Giving you may want to consider donating to the Aids Research Fund.
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