Best Health Insurance Agencies 2022
J. A. Reaney Agency Insurance Brokers
J. A. Reaney Agency Insurance Brokers opened in 1982 and has been serving clients in New York City for nearly 4 decades. It offers health insurance products such as individual & family health insurance, dental insurance, disability insurance, vision insurance, and Medicare. It also provides services for clients needing assistance in Affordable Care Act coverages. Furthermore, J. A. Reaney Agency Insurance Brokers offers other insurance services such as auto insurance, group benefits, and personal insurance as well as, restaurant, commercial, and hospitality insurance.
TY Health Insurance Brokerage
TY Health Insurance Brokerage caters to the insurance needs of families, individuals, and businesses in the New York City area. It offers comprehensive health insurance plans and products from providers, such as United Healthcare, Blue Cross Blue Shield, Humana, and Cigna. Specializing in professional healthcare and employee benefits solutions, it also aims to help employers elevate the health and wellness cultures in their companies. TY Health Insurance Brokerage provides 24/7 customer service and has been featured on ABC, NBC, and iHeart Radio.
Amida Care
Amida Care is a nonprofit health plan that services individuals and businesses in New York City. The company handles health insurance and is open to clients who are interested in acquiring or switching to a new policy. Among its vast selection of plans include pharmacy, behavioral health, transgender health, and PrEP options. It has been in the industry since 2003 and continues to promote safety and well-being. Amida Care supports advocacies for gender-affirming health care.
Safe Policies Insurance
Safe Policies Insurance is an independent health insurance brokerage firm operating in New York City. It specializes in providing insurance coverage for immigrants for more than a decade and is licensed to conduct business all over the USA. It carries health insurance plans like group health insurance, Medicare, and New York White Card (Medicaid in New York State). Additionally, it offers life insurance plans like term life and permanent life insurance. Nelson Lai, its founder, has served immigrants' insurance needs for over a decade.
Campbell Solberg Associates
Campbell Solberg Associates is an independent insurance agency that serves clients in New York City. It offers long-term care, disability, and life insurance plans that provide financial security to beneficiaries in the event of an unexpected accident, illness, or death. The agency also covers other insurance products for cars, homes, floods, condominiums, and jewelry. Owner Robert Solberg acquired Nash, Solberg & Company from his father in 1987 then merged it with Campbell Brokerage Corp. in 1991. The agency currently serves over 7,500 clients.
New York City Business Group
New York City Business Group is an insurance agency based in Staten Island that caters to individuals, families, and businesses. It assists clients to obtain individual and group health insurance programs, including dental and vision coverages. It also handles Medicare Advantage, Medicare Supplement, and Medicare Part D (prescription) plans. Other insurance policies that the agency offers include personal umbrella, auto, flood, coastal property, and life insurance. For businesses, it provides commercial property, general liability, and workers' compensation insurance solutions.
Schulman Insurance
Schulman Insurance is a firm founded by Jonathan Schulman more than a decade ago. Schulman is a veteran broker who educates his clients about health insurance to allow them to make informed decisions. Schulman and his team provide employee benefits insurance plans and health insurance policies for clients in New York City, covering medical and dental expenses, hospital stays, emergency room visits, and prescription expenses. They also work with different insurance carriers, including MVP Health Care, UnitedHealthcare, and Oxford Health Plans.
Life 143
Life 143 offers personal and commercial insurance products, including health insurance plans, to clients in New York City and nearby areas. Its offerings include off-market plans, Medicare Advantage and Supplemental plans, and standalone drug plans. This insurance agency partners with top-rated insurance carriers, including Oxford Health Plans, AARP, Emblem Health, and Humana, to help clients secure a policy that meets their individual needs. Life 143 offers bond, commercial property, and key person life insurance policies.
Expert Answers To Common Questions:
- Introduction
- How can you find affordable health insurance?
- What is health insurance?
- How do health insurance companies make money?
- What is subsidized health insurance?
- What is a health insurance deductible?
- Is it illegal to not have health insurance?
- Does health insurance cover therapy?
- What is a copay?
- What is the Health Insurance Marketplace?
- How can you find health insurance without a job?
- Can you cancel health insurance at any time?
- Can you have more than one health insurance policy?
- Is health insurance pretax?
- How long can a child stay on a parent\'s health insurance policy?
- Do you have to pay a health insurance deductible upfront?
- Do employers have to offer health insurance?
- Is there a tax credit for having health insurance?
- Q: Introduction
- A: If you're looking for health insurance for yourself or your family, an agent can help you save time, understand your options, and manage your costs. Insurance agents must be licensed in the state where they operate. They can provide information about on- and off-exchange plans to help you weigh all of your options, and they can see if you qualify for tax credits that can lower your monthly premiums. There's no cost to work with an agent, and they can help you save quite a bit by recommending the best plan for your needs. Here's what you should know before you get started.
- Q: How can you find affordable health insurance?
- A: Affordable insurance is available through employers, Medicare, Medicaid, and the federal Health Insurance Marketplace, which offers subsidies in the form of tax credits. You can also purchase coverage through private insurance companies and independent agents. Nearly half of all Americans have employer-sponsored health insurance, and about 10% of the population is uninsured.
- Q: What is health insurance?
- A: Health insurance policies are contracts that require an insurer to pay some or all of a beneficiary's health care expenses in exchange for a premium and deductible. Plans cover preventive care and emergency medical services arising from an injury or illness. They may also offer optional coverage for dental and vision.
- Q: How do health insurance companies make money?
- A: Health insurance companies make money by collecting premiums from consumers and reinvesting the funds. Federal law requires insurers to put approximately 80-85% of collected funds toward claims, and 15-20% is used to pay for administrative expenses.
- Q: What is subsidized health insurance?
- A: Subsidized health insurance is available exclusively through the Health Insurance Marketplace. This system applies federal tax credits that can reduce or eliminate premiums. Tax credits are available to consumers who earn up to 400% of the federal poverty level based on household size.
- Q: What is a health insurance deductible?
- A: A deductible is a fixed amount you must pay out-of-pocket before normal copays or coinsurance rates apply. Under the Affordable Care Act, some services, such as annual physicals and wellness screenings, must be covered at no charge.
- Q: Is it illegal to not have health insurance?
- A: No. Starting in 2019, the federal government eliminated the penalty that applied to individuals who could afford health insurance but chose not to purchase it. Financial penalties still apply in California, Massachusetts, New Jersey, Rhode Island, Vermont, and Washington, D.C.
- Q: Does health insurance cover therapy?
- A: All Marketplace plans must cover behavioral health care services, including counseling, inpatient care, and substance abuse treatments. However, there are coverage limits, and preauthorization may be required.
- Q: What is a copay?
- A: A copay is a fixed price that you pay at the time of service after your deductible is satisfied. Insurance companies set specific rates for primary and specialty care and other services, such as emergency room visits and X-rays. Alternatively, plans may have coinsurance rates that require beneficiaries to pay a certain percentage of covered charges.
- Q: What is the Health Insurance Marketplace?
- A: The Health Insurance Marketplace is a federal service designed to help consumers compare and purchase subsidized health insurance plans that comply with the Affordable Care Act. A number of states operate their own insurance marketplaces, including California, Colorado, New York, and Pennsylvania.
- Q: How can you find health insurance without a job?
- A: Individuals who don't have access to health insurance through their job can purchase ACA-compliant plans through the Health Insurance Marketplace. Off-exchange plans are also available through private insurers and independent agents. The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives certain individuals who are losing their coverage the right to maintain the same plan for a limited time period.
- Q: Can you cancel health insurance at any time?
- A: Consumers can cancel their health coverage at any time. Cancellations may be effective immediately or at a specified date. However, you must wait until Open Enrollment to sign up for a new plan unless you qualify for a Special Enrollment period.
- Q: Can you have more than one health insurance policy?
- A: It's possible to have primary and secondary health insurance. This is most common with Medicare and Medicaid beneficiaries, including dual enrollees and individuals who purchase supplemental plans. Secondary plans can cover some additional expenses, but you're still responsible for premiums and deductibles.
- Q: Is health insurance pretax?
- A: Premiums for employer-sponsored health plans are generally deducted from the worker's pretax income. The same is true for voluntary contributions made to Flexible Spending Accounts and Health Savings Accounts that are paired with a qualifying high-deductible health plan.
- Q: How long can a child stay on a parent\'s health insurance policy?
- A: Children can stay on their parents' health insurance plan until their 26th birthday. There's a 60-day special enrollment period following this date. Exemptions allow disabled adult children to remain on their parents' policy beyond this age.
- Q: Do you have to pay a health insurance deductible upfront?
- A: In most cases, out-of-pocket expenses for approved services count toward your deductible. However, it's increasingly common for hospitals to request all or part of the deductible upfront when scheduling major services, such as CT scans and surgeries.
- Q: Do employers have to offer health insurance?
- A: The Affordable Care Act requires companies with at least 50 full-time employees to make essential health benefits available to 95% of their workforce. Companies that choose not to offer such benefits may have to pay a penalty.
- Q: Is there a tax credit for having health insurance?
- A: The Advance Premium Tax Credit is a federal tax rebate designed to lower the cost of health insurance plans purchased through the Marketplace. Eligibility is based on income and household size. Consumers can decide how much of their tax credit to put toward their premiums.
