Quick Answer: For the 2027 plan year, Virginia is launching Virginia Premium Savings, a new $150 million state subsidy program that lowers monthly Marketplace premiums for eligible residents with household income from 138% to under 250% of the federal poverty level (FPL). It stacks on top of any federal premium tax credit you qualify for. …
On October 1, 2026, federal Medicaid and CHIP eligibility rules for immigrants will change significantly under the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. An estimated 1.4 million lawfully present immigrants are expected to lose Medicaid or CHIP coverage as a result, including refugees, people granted asylum, humanitarian parolees, …
A heart attack, a stroke, or a cancer diagnosis rarely arrives with a warning. What often follows is a stack of bills that your regular health plan was never designed to fully absorb: the deductible you have not met yet, the specialist visits outside your network, the weeks of missed paychecks, the childcare you suddenly …
Big news for Illinois residents: The state is changing how you shop for health insurance. Starting with the 2026 plan year, Illinois is moving from the federal marketplace, HealthCare.gov, to its own State-Based Health Insurance Exchange. This change means the state of Illinois will now manage its own online platform where people can compare and …
Health insurance costs have been rising for both businesses and workers, creating pressure on budgets and limiting choices. The Individual Coverage Health Reimbursement Account (ICHRA) is designed to solve this challenge by offering flexibility and cost control. Unlike traditional group health insurance, where employers carry the burden of selecting one plan for everyone, ICHRA allows …
Startups today look very different from just a decade ago. Teams are leaner, more remote, and often spread across multiple states. In this fast-paced environment, traditional employee benefits, especially health insurance, haven’t kept up. Founders are left juggling high premiums, regional plan limitations, and rigid policies that don’t support how modern businesses operate. So now, …
Finally, a Game-Changer for Affordable Healthcare Savings If you’ve ever felt locked out of Health Savings Account (HSA) benefits because your ACA Bronze plan wasn’t “high-deductible enough,” you’re not alone. Millions of Americans have faced this frustrating roadblock for years. But here’s the good news, the newly passed One Big Beautiful Bill Act (often called …
Choosing the right employee health insurance can feel overwhelming, especially with so many new options for small businesses and employers to consider. One of the biggest shifts in recent years is the rise of the Individual Coverage Health Reimbursement Arrangement (ICHRA) , a flexible, defined contribution approach compared to traditional group health insurance, which follows …
Choosing the right health insurance plan can be confusing, especially when faced with options like short-term and ACA health insurance. While both offer ways to stay protected during medical emergencies or ongoing treatment, they differ significantly in coverage, cost, and flexibility. For individuals in transition between jobs, outside of enrollment windows, or simply weighing their …
Navigating the world of health insurance can be overwhelming, especially when you’re covered by more than one plan. Whether you have insurance through your employer and a spouse’s plan, or you’re managing both Medicare and a private policy, understanding how these plans work together is crucial. This is where Coordination of Benefits (COB) comes into …
