On March 23, 2010, the first part of the Patient Protection and Affordable Care Act was passed as part of the first stage of comprehensive health care reform under the Obama administration. The Affordable Care Act is often referred to as “Obamacare”, the “ACA”, or the “PPACA”. The Affordable Care Act refers to the final… Continue Reading What is the Penalty for Not Having Health Insurance in 2019?
Retiree Benefit News
Staying Fit Past 65
The tried and true adage might sound cliché, but it’s accurate: it’s never too late to get back in shape. Goals will vary widely for people over the age of 65; some seniors may be preparing for another half marathon while another will be preparing for physical therapy to be able to walk again. In… Continue Reading Staying Fit Past 65
The Changing Landscape of the Medicare Advantage Industry
In 2019, the Medicare Advantage industry has seen slower growth for 2019 than the previous years. The Medicare Advantage (MA) insurers added over 1.4 million members to their rosters for overall 2019 coverage, as they continue to look for growth in a usually lucrative market. Latest federal data shows that for the start of 2019,… Continue Reading The Changing Landscape of the Medicare Advantage Industry
Nutrition for Seniors Over 65
Benistar has always been known to promote the health and rights of our clients. While we are usually involved in the medical benefits and prescription benefits of our senior clients, we wanted to touch on healthy nutrition for seniors. Food is the first line of defense when it comes to preventative medicine, and eating a… Continue Reading Nutrition for Seniors Over 65
Benistar Introduces New Retiree Medical Benefits Plans
Benistar is the nationwide leader in the design, installation, and administration of group retiree medical benefits. We provide retiree benefits for labor unions, city/government entities, educational and religious organizations, and publicly and privately-held companies. We offer group retiree medical plans that pay for the costs that are recognized but not covered by Medicare parts A… Continue Reading Benistar Introduces New Retiree Medical Benefits Plans
What is Group Policy Insurance?
Group health insurance is a type of health insurance plan that businesses extend to their employees – and sometimes – the dependents of those individuals. Small and large business owners generally pay a part of the monthly premiums (or all of the premiums). The incentive for these businesses to provide group coverage is the large… Continue Reading What is Group Policy Insurance?