Monthly Archives: March 2016

12.7 Million Americans Make Health Plan Selections

12.7 Million Americans Make Health Plan Selections Yesterday, the Center for Medicare and Medicaid Services (CMS) reported that 12.7 million Americans signed up for health insurance coverage. This number accounts for the 9.6 million Americans who enrolled in coverage through the healthcare.gov portal. Another 3.1 million Americans enrolled in coverage through State-based marketplaces. Sylvia Mathews […]

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2016 Marketplace Reenrollment – Active and Passive Enrollment

Active and Passive Reenrollment for 2016 Marketplace Health Insurance Coverage If you enrolled in a Marketplace plan in 2015, then you may not have to do anything at all to renew your coverage, but government agencies, brokers and assisters all agree that you should take action. Open Enrollment for the 2016 plan year begins November […]

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The ABCs of Forms 1095-A, 1095-B & 1095-C

The ABCs of Forms 1095-A, 1095-B & 1095-C by Philip Strang The deadline to file taxes is rapidly approaching. Though the April 18th deadline is not news to the masses, we, at American Exchange, receive plenty of calls asking for Form 1095-A in order to file taxes. It is a relief to know that so […]

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A Tribute to an Esteemed Co-worker

​This blog post is in honor of the lovely and talented Chelauna Sterling. Here she is with her partner-in-crime, Kayla Patton, at the Chattanooga Medical Society’s Denim and Diamonds Ball. At first, Wayne and Phil were like, “no way. Chelauna would never leave us!” Andrew must have known about this. Here he is dancing to […]

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Top Nine Reasons to Open a Health Savings Account (HSA)

  Top Nine Reasons to Open a Health Savings Account (HSA) A Health Savings Account (HSA) is a type of savings account that allows millions of people to save to pay for medical expenses. This type of savings account offers consumers the opportunity to make pre-tax contributions; also, withdrawals are not taxed if the funds […]

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Why Is My Health Insurance Bill So Expensive this Month?

Introduction Nothing is more confusing and disheartening than opening a billing statement only to be shocked by an exorbitant billing amount. If you bought health insurance through the Health Insurance Marketplace, you too might open a billing statement from your health insurer and see a monthly billing rate that is hundreds of dollars higher than […]

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