The Trump Administration released a final rule on short-term, limited-duration health insurance plans (STLDI), also known as short-term plans, on August 1, 2018. This new rule eliminates the Obama Administration's policy limiting the duration of short-term plans from a maximum of three months and restores it to less than 12 months. This new rule also adds the ability to renew the policy at the end of the term for up to 36 months, at the discretion of the insurance company.
There is no doubt that the ease of access to information on the Internet, the legislative climate of the past decade, and the rising cost of health care has spurred a movement of consumerism in the patient care system. There is a clear lack of trust in the U.S. health care system that is adding fuel to the consumerism fire. According to a Gallup poll, the overall average of Americans with a high confidence level in 14 different U.S. institutions is below 35 percent for the fifth year in a row. The confidence level in the medical system is at 39 percent, while only nine percent of people stated the had “a great deal” or “quite a lot” of confidence in Congress.
After the Open Enrollment Period ends, you can enroll in an insurance plan on or off the Marketplace only if you qualify for a Special Enrollment Period. You can qualify for an SEP if:
you have a qualifying life event like having a child, getting married, or losing qualifying health coverage; OR
you have a complex issue discussed on this page.
Open Enrollment is your window each year to enroll in health insurance or change your plans. You definitely do not want to miss this opportunity to secure an insurance policy for the next year. However, sometimes life happens, you procrastinate a little bit too long, or you simply just forgot to enroll in a plan and now Open Enrollment has ended. The good news is you can still get coverage but your options may be limited.
The Affordable Care Act (ACA) allows for Special Enrollment Periods if you have a qualifying event. You can also enroll in short term, limited medical, gap plans, Medicaid, CHIP, and cost-sharing ministry programs anytime throughout the year if you qualify for those plans. Let's take a deeper look into these options.
2018 is an exciting year in the life of LYFE! I go to bed exhausted at the end of every day and wake up refreshed the next morning, ready to give every bit of energy I have to this fight all over again and I wouldn't have it any other way!
There's no doubt that HR has a large impact on an organization, but can it really make or break an organization?
In order to determine how HR strategy makes an organization successful, we must first define success. Merriam-Webster dictionary defines success as "favorable or desired outcome; also: the attainment of wealth, favor, or [fame]."1
We live in a short-sighted society that measures the success of an organization based on its net profits. This has reduced life to a quarter-to-quarter event with companies coming up with creative ways to restructure corporate assets in an effort to appear "successful" on paper. Major corporations such as Quest, Enron, WorldCom and IBM have been publicly outed for "financial engineering" of quarterly financial reports. If this is your definition of succe...
LYFE Benefits was founded on the age-old principle dubbed the "Golden Rule". This saying has taken many forms throughout the ages. Jesus said, "Therefore all things whatsoever ye would that men should do to you, do ye even so to them: for this is the law and the prophets." Confucious said, "Never impose on others what you would not choose for yourself." Isocrates put it, "Do not do to others that which angers you when they do it to you." Today's modern translation is, "Do unto others as you would have them do unto you" or more simply:
"Treat people the way you want to be treated."
Many people assume the Golden Rule applies only to customer service when talking about businesses. People are great at applying this principle when they have something to gain. That new prospect interested in doing...
LYFE operates based on two core sets of principles: HEART Values and Brain Culture. Without a heart an organization will die. Without a brain an organization cannot function. However, with a healthy heart and brain guiding us, LYFE is a thriving company able to quickly and easily adapt to our changing environment, and having a positive impact on our customers and communities.
Traveling outside of the US requires careful planning. Chances are you have spent countless hours picking a destination, deciding on the best dates, and arranging travel and hotel accommodations. Have you researched the local laws where you are visiting? Do you have the appropriate documents? How will your family reach you in case of an emergency? Do you have the right insurance to travel outside of the US? Follow the checklist below to make sure you are truly ready for your adventure!
Research your destination to learn about visa requirements, local laws, customs, and medical care in the country you plan to visit. Some travelers, such as those with disabilities, women, and LGBTQI persons, may face challen...