A: AUI can help you find ways to lower your costs in addition to the tradition methods of changing plans and switching carriers. We offer some alternative benefits that other agents do not where medical underwriting can lower costs. In addition, we are experts in small group self-funding.
A: Most individuals must have health insurance or be subject to a fine from the Federal Government. The fine for 2016 is either: 2.5% of your yearly household income or $695 per person ($347.50 per child under 18) with the maximum penalty per family using this method is $2,085. The fine is whichever of these amounts is greater.
(FFM) Commonly known as Healthcare.gov is the website where individuals can purchase insurance plans that qualify for a subsidy. Individuals do not have to qualify for subsidies to purchase plans on healthcare.gov.
A Health Maintenance Organization is an organization of physicians that provides comprehensive health care, in which you select a Primary Care Physician to manage all your health care needs. Not going through your PCP can lead to a reduction in benefit levels on reimbursement or coverage.
A Preferred Provider Organization is a network of providers such as physicians and hospitals, which have contracted with a carrier to accept an agreed level of payment, provided to persons insured by that carrier.
A Point Of Service is a network of providers accessed through a Primary Care Physician (PCP). The subscriber is generally required to go to or through their PCP to receive maximum reimbursement levels allowed.