Author Archives: AskMaxon

Flexible Spending Accounts are often Misunderstood and Underutilized

Most of us have heard of Flexible Spending Accounts. Many employers sponsor them. These accounts allow employees to pay out of pocket healthcare expenses with “pre-tax” dollars reducing their taxable income, and therefore their taxes. To accomplish this they must … Continue reading

Posted in Flexible Spending Accounts, Health Insurance | 2 Comments

Isn’t Empire Blue Cross getting Creative?

Under the guise of “Simplification” Empire Blue Cross just announced they will be eliminating their most popular insurance plans. As a preferred broker, we received a call just the other day from our Empire Blue Cross representative notifying us that … Continue reading

Posted in Uncategorized | Tagged | 1 Comment

Paying Out of Network claims based on the Medicare Allowable Fee Structure is the new U & C

Has anyone gone to a non network doctor recently? Chances are you will be paying quite a bit more than you are used to. This is because many of the insurance carriers are reimbursing these charges based on the same … Continue reading

Posted in Health Insurance | 4 Comments

Is AskMaxon Right For Me?

Recently we had a focus group conducted to determine when and if consumers would use our AskMaxon service. What we found is that our service is misunderstood. Some felt it was a back door to try to sell insurance, others … Continue reading

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COBRA – HOW DO YOU KNOW IF YOU ARE ENTITLED TO IT?

Case Study: We were recently approached by a woman who was interested in buying health insurance for herself and her husband. She was very concerned because she had been laid off from her job 3 months earlier and hadn’t had … Continue reading

Posted in Health Insurance | Tagged | 1 Comment

INTENDED UNINTENDED CONSEQUENCES?

Federally mandated loss ratio standards are going into effect for insurance companies in 2011.  These standards will mandate that insurers in the small group market have a loss ratio of no less than 80% and insurers in the large group … Continue reading

Posted in Health Insurance | Tagged | 2 Comments

DO YOU NEED ASSISTANCE WITH YOU HEALTH INSURANCE QUESTIONS?

AskMaxon translates your health benefits so you can understand them. Regardless of your carrier, AskMaxon helps you understand your health benefits and can be your advocate. AskMaxon enables you to take the action you need to ensure that you and … Continue reading

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