No Health Insurance Penalty

Who likes paying something for nothing? When the ACA went into effect almost three years ago, the maximum a household would pay was $285. This is on top of any fees or expenses if you got sick or injured. Most people wouldn’t ever see the penalty because it was taken when they filed their taxes. We started helping people that year because we saw where the penalty was going to lead. The average client under 30 paid less than $150 a month for insurance or nothing at all if they qualified for Washington Apple Health.

For 2016 the tax penalty will be up to $2085 per household. This is significantly more than more people enrolling would pay for insurance. 80% enrolled were either free or qualified for a subsidy. There are 136 plans on the exchange which can lead to some confusion, which is why we recommend working with a broker. A broker receives training on how different plans function and are licensed and regulated by the Washington Insurance Commissioner. Ask a broker up front if they charge a fee for their service, the ones in our office do not because they serve the communities that they serve. Feel free to contact us at 509-293-9051 or Español at 509-787-1300 for more details.

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The gig economy and life insurance

It takes minutes Temporary work, contract jobs, seasonal jobs, freelance, piece work, driving for Uber, selling on Etsy, etc. The gig economy has been around for ever. Whether it is picking apples for the season, working the slopes at mission ridge, to being a contractor at a server farm it is easy to fall into a gig career path. About a third of the American workforce has found themselves bouncing from short term job to short term job. While the pay can be good temporary, what about the long term? A policy for everyone When was the last time that you met someone that retired after working from the same job for 40 years? On average, you will change jobs times 12 times in your lifetime. What happens if the next company doesn't offer a plan? We have seen companies terminate life insurance policies for retirees. Do really want to leave your family high and dry for a short term job? What happens when you die? Your bills don't go away . A majority of adults say a fu...

Covid, Healthcare, Employment and the 2020 Recession

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Going back to school with COVID?

https://wenatcheetown.podbean.com The further that we get into August and the higher the COVID 19 infected, the more that sending our kids back to school will be an issue. As parent's of a 14 year old, it maters to us will our kid be safe. What level of illness floating around is a reasonable risk? How can he get that needed social contact with out contracting something that can injure or even kill him? Everyone needs to follow what actions are occurring to help them find what is safe for their family. Let's start with the politicians. 1. There is a great conversation between Representatives Kim Schrier and Katherine Clark . If you have not heard of Rep Schrier then you should know that she is a Doctor and parent of an 11 year old so she is a good person to listen to, 2. It recently became an issue with Florida Lawmakers when it Senator Rick Scott reveled that his Grandkids were going with distance learning instead of traditional school. 3. Baron Trump will be dis...

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