Tag Archives: alternative

Why health care sharing memberships continue to grow

Great article in Fox Business about how these plans work and why they are popular.  on the plus side, they are a lot less expensive.  on the negative side- they are not insurance and there is no guarantee of payment.  For the full article, click here.

Lower-cost, lower coverage plans coming?

In an article on Fox News (click here for the full article), the Trump administration proposed allowing insurers to sell 12-month long “short term medical plans.”  These used to be available, at a much lower pricing point, but the Obama Administration eliminated them for the most past.

Considering the increasing numbers of clients I speak to who are dropping coverage, or going without, because of the high premiums, this may be a very popular option.

“We need to be opening up more affordable alternatives,” Health and Human Services Secretary Alex Azar told reporters. “It’s one step in the direction of providing Americans with alternatives that are both more affordable and more suited to individual and family circumstances.”

 

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Reeve Conover is a Registered Representative. Securities offered through Cambridge Investment Research, Inc., a Broker/dealer member FINRA/SPIC. Cambridge and Conover Consulting are not affiliated. Licensed in SC, NC, NY, CT, NJ, and CA.
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