Health care costs are increasing at twice the rate of inflation and today lifetime employment is almost nonexistent. The average American, by age 42, will change jobs 11 times. To stay away from the increasing health care costs, companies are forced to raise their employees’ premiums and deductibles, use cheaper insurance plans or just drop health benefits altogether. According to the Wall Street Journal, the percentage of employers providing health insurance since 2000 has declined by 10%.

Read the full post on Why Tie Health Insurance to a Job?.

My Insurance Expert has an answer to the seemingly endless forms and guesswork that come with buying low cost individual health or life insurance.

MyInsuranceExpert.com is a user-friendly online tool that helps individuals and family’s research and purchase affordable health, life and dental insurance policies.

We believe that more individuals will need to turn to expert resources like this to help them reduce the cost of health insurance since businesses can no longer afford to offer these benefits to employees. As a result, My Insurance Expert’s numbers have been growing steadily.

Read the full post on Taking The Frustration Out Of Insurance Buying.

According to the Washington Post there are a growing number of unemployed Americans who have no job and no health coverage. The cost of buying heath insurance through a former employer for those unemployed Americans consumes 30 – 84 percent of standard unemployment benefits, which few people can afford. COBRA was introduced to newly unemployed Americans to extend their employer-based health insurance.

Read the full post on COBRA.

In late 2006, My Insurance Expert was created, a free insurance service that matches up insurance brokers with people who want to purchase health or life insurance by comparing all of the available plans and prices.

2007 started the first calendar year of My Insurance Expert’s operations with two part-time employees and one full-time employee. That number grew to twelve full-time employees by the end of 2007 and the company wrote 1,100 health insurance policies for the calendar year. In 2008 My Insurance Expert experienced strategic and exponential growth in order to address the growing number of clients being removed or cancelled by their company health insurance policies. My Insurance Expert expanded to 37 states by the end of 2008 and currently has 40 health insurance advisors.

Read the full post on My Insurance Expert.

Did you know that?

Individual health insurance policies are the fastest growing form of health insurance in the United States. The number of individual health policies is steadily growing as well. There were 12 million members in 2002, 24 million members in 2008 and is expected to reach 30 million members by 2010. In comparison, group policy numbers have considerably declined with the number of people that are covered by group health insurance, less than 40% of small employers in the United States now offer group policies.

Read the full post on The Emerging Health Insurance Market.

When shopping for health insurance you need to take the necessary steps to finding the best plan for yourself or your family. First and foremost, only an advisor who represents all the available companies (like Aetna, Blue Cross, and Humana) can shop for the best policy. It is important to not buy from someone who represents one insurance company and is trying to convince you that that one company has the best plan for you or your family.

Read the full post on What You Need To Know When Purchasing Health Insurance.

Are you self employed without any health insurance? There are a large number of Americans that are uninsured; many of them entrepreneurs, but there are many affordable options available. Instead of being a group of one, it’s smarter and less expensive to own individual health insurance. Remember to compare several policies and evaluate which benefits are crucial for you.

Read the full post on Self Employed.

Health Reimbursement Arrangements allow employees to own their own individual health insurance while the employer takes advantage of lower rates and fixed costs. A health reimbursement arrangement is an agreement between all employees of a company and ownership of that company that permits a fixed dollar amount to be reimbursed to each employee for health related expenses, for example premiums, prescriptions or even over the counter medications. This puts more of the financial responsibility in the hands of the employee and the employer doesn’t dictate what the employee’s must accept as a health benefit. This concept leads to more active and cost efficient participation by the employees and reduces health care costs. HRA’s are available for any size employer group, and the typical HRA is designed to be used along with a health plan that has higher deductibles and fewer co-payments then the usual health plan.

Read the full post on Health Reimbursement Arrangement (HRA).

Graduating from college can mean many things for young adults. For most it means getting that real-world job, moving back home and unfortunately, losing their health insurance.

Odds are most college graduates were covered by their parent’s health insurance policy while they were a full-time student. Depending on the insurance plan, once those graduates reach the ages of 22 to 25, most health insurance plans will stop covering them and those benefits could end immediately. The student might have been covered by a health plan offered through their college or university, which also ends when they graduate.

Read the full post on Health Insurance Worries After Graduation.

My Insurance Expert CEO Lorne Zalesin has tried his expertise in four industries — cell phones and pagers, land development, design and housing — only to run head on into Michigan’s slumping economy. Even that hasn’t scared Zalesin away; he came up with the idea of an online service that makes individual health and life insurance affordable and easily attainable.

In late 2006, MyInsuranceExpert.com was created, a free insurance service that matches up insurance brokers with people who want to purchase low-cost health or life insurance. People begin by contacting the Internet site, or calling 800-732-5569.

Read the full post on A Niche in Health Insurance.