healthy-heart-tips-hiiq

Here’s How to Endorse Your Clients’ Heart Health for American Heart Month

Every year, 1 in 4 deaths are caused by heart disease. It is the leading cause of death of women and of men in the United States1.

Consider these lifestyle factors:

  • Diet is a major contributor to this deadly disease: 90% of Americans consume too much sodium, increasing their risk for high blood pressure2.
  • The standard American diet emphasizes foods such as processed meats, deep-fried indulgences, soft drinks, cookies, sweets, a tradition that is likely to work against your clients’ heart health3.
  • Most kids by the age of 10 in the United States have fatty streaks in their arteries4.

This month is American Heart Month, an ideal opportunity to talk to your clients about heart health, risk factors for heart disease, and how to work with their doctors, insurance carriers, and loved ones to prevent this deadly disease.

Encourage them to consider these statistics:

  • Following a heart attack, approximately 1 in 4 women and 1 in 5 men will die within the first year2.
  • Only 1 in 3 Hispanic women are aware that heart disease is their #1 killer5.
  • Cardiovascular diseases kill nearly 50,000 African-American women annually6.
  • Of African-American women ages 20 and older, 49% have heart diseases6.
  • African Americans experience strokes at a higher rate than other races, and other groups, including Hispanics and women, are also at higher risk6.

But there is good news: heart disease can often be prevented when your clients make healthy choices and learn to manage their health. Research shows that controlling risks such as obesity, high blood pressure, high cholesterol, and smoking can reduce risk of heart attack or stroke by more than 80%1. Plant-based diets have also been shown to stop and prevent heart disease with plant-based diets7 and to quickly lower cholesterol levels8 and blood pressure9.

When it comes to their coverage needs, you may clients who are concerned about the possibility of facing cardiovascular concerns. Encourage them to consider critical illness coverage options that can help them feel confident in their financial future in such unfortunate circumstances.

Critical illness insurance will provide a lump-sum cash benefit. These benefits can be used as your clients see fit for expenses such as:

  • Living expenses such as mortgage, rent, and car payments
  • Prescriptions
  • Copays and deductibles
  • Medical bills
  • Medical equipment and home modifications for recovery
  • Treatment-related travel expenses such as parking, pet boarding, food, fuel, and hotel stays
  • Non-covered experimental treatments

With critical illness coverage, your clients can:

  • Choose benefits amounts up to $50,000 (lifetime maximum)
  • Take advantage of little to no waiting period
  • Feel confident in knowing they will have additional financial help in the event that something happens

Note that policies may be subject to various exclusions and limitations. Ensure your clients understand these prior to making a purchasing decision.

Learn more about how critical illness options may be ideal for your clients by:

 

Health Insurance Innovations, Inc. is a leading developer and administrator of affordable, web-based individual health insurance plans and ancillary products. We help consumers address their health insurance needs by offering access to a number of products offered by various insurance carriers.

 

For agent use only – not for use with the general public.

 

Sources:

 

 

health insurance open enrollment

It’s Beginning to Look A Lot Like Open Enrollment

The holiday season and Open Enrollment have arrived (whether we’re ready for it or not), and so have opportunities for your clients to spend time with their loved ones. Food, laughs, and gifts are likely on their agenda, but something else – something more important – may be as well: health.

Whether your clients are catching up with Uncle Mark who complains about aches and pains he didn’t have 5 years ago or they’re hanging out with Michelle from college who has a pre-existing condition and can’t afford major medical coverage, the topics of health and healthcare are likely to pop up. Have you helped your clients understand available coverage options? Let’s take a look at some of the features your clients could take advantage of:

Limited Medical Coverage

  • Helpful for those anticipating rising medical expenses, unable to afford major medical, not eligible for short-term medical, and/or looking for supplemental coverage to their major medical plans
  • Guaranteed issue coverage if eligibility is met and available in state
  • Premiums often lower than major medical, but also lower and more restricted benefits
  • Benefits such as $50-$100 paid toward doctor and specialist visits available
  • Not required to use a network of doctors – freedom to choose any doctor or facility (*Note: clients can still exceed eligible benefits)
  • Preventive care available for as low as $50
  • Next day coverage available or little to no waiting periods for accidental injuries or sickness
  • 12 month waiting period for pre-existing conditions
  • Does not count as minimum essential coverage required by the Affordable Care Act and is not suitable to serve as sole medical coverage

Short-Term Medical Coverage

  • Helpful for those facing life-altering transition periods such as pre-Medicare retirement, change in employment status, rolling off parental or student insurance, bridging a gap in major medical coverage or those who missed Open Enrollment (*Note: these policies are designed solely to provide healthcare coverage during unexpected coverage gaps)
  • Flexibility in coverage length and cost; coverage duration varies by state and is non-renewable
  • Variety of deductible and coinsurance options
  • Low copay options for in-network benefits
  • Limited preventive care available
  • Ability to cancel at any time without penalty
  • Benefits may be limited and subject to exclusions and restrictions
  • Does not cover pre-existing conditions
  • Coverage is not guaranteed
  • Not intended to be a replacement or alternative to ACA or other major medical plans and does not provide the minimum essential health benefits that are required; may result in a tax penalty

ACA Coverage

  • Helpful for those seeking major medical but who may not be able to afford it, those with pre-existing conditions, and those who need a broad array of health benefits
  • Option to change plan every year and to stay on policy as long as needed
  • Renews annually
  • Provides coverage for pre-existing conditions; applicants can’t be rejected based on health
  • Provides preventive care for individuals and families
  • Those enrolled may qualify for subsidies to lower costs
  • Provides minimum essential health benefits
  • Those who want to enroll must do so during the Open Enrollment period, the Special Enrollment period, or when a qualifying life event occurs

Critical Illness Coverage 

  • Helpful for those seeking an added layer of financial protection in the face of critical health concerns
  • Pays benefits directly to those enrolled or their designees
  • Benefits can be used to pay living expenses such as mortgage, rent, and car payments as well as prescriptions, copays, medical bills, and a myriad of other costs
  • Those enrolled can choose benefits up to $50,000
  • Limitations and exclusions may apply
  • Little to no waiting period

 

Help ease the minds of your clients this holiday season by educating them about available coverage options. While they add extra layers of clothes to stay warm, you can add extra layers of health and financial coverage to help protect them from potentially costly health concerns.

Learn more today by:

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This blog is for informational purposes only and is not intended to make any product recommendations. Encourage your clients to review any product details, such as costs, limitations, exclusions, restrictions, and benefits prior to any purchasing decisions.

Health Insurance Innovations, Inc. is a leading developer and administrator of affordable, web-based individual health insurance plans and ancillary products. We help consumers address their health insurance needs by offering access to a number of products offered by various insurance carriers.

For agent use only – not for use with the general public

Infographic Help Your Clients Feel Prepared for the Financial Impact of Cancer

Infographic: Help Your Clients Feel Prepared for the Financial Impact of Cancer

June 4, 2017 is the 30th annual National Cancer Survivors Day, a day established to acknowledge those who have survived cancer, to raise awareness of the challenges they continue to face, and to celebrate life.

Cancer affects us all. Consider the statistics below and learn about how you can help your clients prepare.

National Cancer Survivors Day

health insurance innovations - 5

Critical Illness Coverage: Helping with Treatment Costs of Life-Changing Health Events and Illnesses

According to U.S. News and World Report, Americans spent $32.6 billion1 on oncology drugs and $11.1 billion1 on supportive care treatments for cancer in 2014.

And according to the CDC Foundation, over one million heart attacks and strokes each year in America significantly add to the more than $320 billion in healthcare costs2 each year linked to cardiovascular disease.

Prescription costs and other out-of-pocket costs related to accidents or non-critical illnesses can certainly impact your clients’ pockets, and costs related to critical illnesses can significantly impact their short-term and long-term financial wellbeing as well.

If your clients are concerned about the possibility that they may end up facing critical illnesses such as cancer, heart attack, or strokes as well as the ever-escalating costs related to such illnesses, you may want to discuss coverage options that can help them feel confident in their financial future in such unfortunate circumstances.

What value does CI coverage provide?

Depending on the specific plan, critical illness policies can pay benefits directly to your clients or their designees and can be used to pay:

  • Living expenses such as mortgage, rent, and car payments
  • Prescriptions
  • Copays and deductibles
  • Medical bills
  • Medical equipment and home modifications for recovery
  • Treatment-related travel expenses such as parking, pet boarding, food, fuel, and hotel stays
  • Non-covered experimental treatments

With CI offerings, your clients can:

  • Choose benefits amounts up to $50,000
  • Take advantage of little to no waiting period
  • Feel confident in knowing they will have additional financial help in the event that something happens

There’s no denying your clients’ financial exposure to the possibility of costly healthcare due to critical illnesses that come with long-standing out-of-pocket costs. With CI coverage, you may be able to help them feel more confident in the face of an uphill health and financial battle.

Learn more today by:

References:
  1. “Oncologists Worry About Rising Costs of Cancer Treatment” from U.S. News & World Report
  2. “Heart Disease and Stroke Cost America Nearly $1 Billion a Day in Medical Costs, Lost Productivity” from CDC Foundation

 

 

HIIQ as the Modern Landscape

We’re Modernizing the Insurance Landscape

In the ever-changing health insurance market, consumers recognize that change is constant. Costs for care and coverage are on the rise, some major carriers have reduced their plan options or left the ACA exchange completely, and the battle for ACA reform still wages on.

But there’s one important factor that will remain unchanged: the need for affordable coverage options.

Short-term medical policies have provided those options and filled coverage gaps for millions of consumers. The market saw the number of short-term policies sold in 2014 increase by 20% in 2015 while the sale of long-term policies decreased by 20% in 2015.

It would seem that the future of this market is boundless. Recent data indicates short-term coverage sales will continue to increase in 2017, as many consumers will be unlikely to find ACA exchange coverage options that meet their budget needs.

At Health Insurance Innovations, we’re on a mission to modernize the insurance landscape and provide access to more affordable coverage options, including short-term medical policies. We know that every day is an opportunity to make new paths, and we’re proud of the path we continue to blaze with highly rated carrier partners that offer affordable, value-rich coverage solutions. Our simplified application process and cloud-based digital platform enables licensed agents to enroll consumers in coverage through our carrier partners that tackles evolving healthcare and budget realities. That coverage includes:

  • Short-term medical
  • Limited medical
  • Accident, cancer and critical illness
  • Prescription
  • Dental
  • Vision
  • Life
  • AD&D
  • Health and wellness programs
  • Lifestyle discounts

Our role is to serve as consumers’ billing and technology resource when they purchase a policy from a licensed agent. We provide customers with:

  • Access to their Member Portal to view and download important insurance documents and to update policy and payment information
  • Printed insurance cards on behalf of their carriers
  • Billing support and assistance
  • Periodic emails on behalf of their insurance carriers on how to take full advantage of their coverage

With a variety of products and leading edge tools and technologies, we’re leveling the playing field as our carrier partners provide competitive coverage that fits a variety of lifestyles and needs.

Learn more today by: