Open enrollment is now in full swing. No matter your situation, now is the time to make important health insurance decisions for you, your family and your practice staff. TMA Insurance Trust health insurance specialists are standing by to help you choose the right coverage and complete the paperwork before the deadline.
Lately it feels like every time you look at the news there is another announcement about a change to health insurance. But regardless of the changes, if you don’t get coverage from an employer, you still need health insurance for yourself, your family and maybe your staff.
Shopping for health insurance and maintaining coverage is a time consuming job fraught with red tape, paperwork and deadlines. And for physicians in private practice who are looking for health insurance to cover their employees and their families, it’s almost a full time job. That’s why TMA Insurance Trust is dedicated to supporting the health insurance needs of small practice owners in a big way.
The 2018 Health Insurance Open Enrollment period is less than a month away, and TMA Insurance Trust is looking out for Texas physicians by providing them with this important information. As in previous years, Open Enrollment begins on November 1. However, this year the enrollment period has been cut in half. Instead of having three months to shop, compare plans, and enroll, individuals have only 45 days to do so. To have health insurance coverage in place by January 1, you must act quickly. Because of the urgency this year, please be aware of the following special announcements:
Not all medical practices chose a new health insurance plan by January 1. Perhaps your practice has a group policy that renews at some other point during the year. When you receive renewal paperwork, you may find alarming premium increases and other plan changes.
Here is some good news: with ACA health insurance, you can’t be rejected or charged a higher premium if you have a pre-existing condition. However, ACA health coverage must be purchased during a limited timeframe. That period is ending very soon. You should know that if you miss open enrollment, the remaining health insurance options may leave you ill!
The window of opportunity for taking advantage of the Affordable Care Act’s annual open enrollment period is about to close. In order to obtain health insurance coverage effective March 1, 2017, you must sign up starting January 16th and no later than the January 31st deadline.
Why did you join the TMA? Many physicians become members because the Texas Medical Association represents the interests of physicians in state and federal legislation. Some physicians join to take advantage of the professional networking opportunities. Still others see the value in joining for the exceptional medical liability insurance through the Texas Medical Liability Trust (TMLT). We agree that these are all excellent reasons to join the TMA.
