Circle of Champions

Terry Roote recognized for helping consumers with qualified health coverage

Williamsburg, MI – Terry Roote of Great Northern Benefits has been recognized for his hard work and expertise in helping consumers enroll in and manage qualified health coverage through the Health Insurance Marketplace.

This nationwide recognition from the Centers for Medicare & Medicaid Services (CMS) as a member of the 2019 Marketplace Circle of Champions highlights Terry’s success in enrolling 20 or more consumers during this Open Enrollment Period.

“Consumers turn to agents and brokers for trusted advice and guidance in selecting plans, enrolling in coverage, and managing their health insurance policies throughout the year,” said Randy Pate, Director of Center for Consumer Information & Insurance Oversight (CCIIO) operation within CMS, which oversees the Marketplace. “We thank Terry Roote and Great Northern Benefits for their hard work and exceptional service in helping Americans get coverage.”

The Marketplace Circle of Champions program recognizes the hard work, expertise and service of Marketplace-registered agents and brokers. Agents and brokers who assist 20 or more consumers qualify for the Marketplace Circle of Champions.

Eligible consumers can enroll in Marketplace coverage during this year’s Open Enrollment Period, which runs November 1 – December 15, 2018. Consumers with questions about their coverage or who would like help enrolling, can contact Great Northern Benefits at 231-995-9000.

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What is an HSA?

A type of savings account that lets you set aside money on a pre-tax basis to pay for qualified medical expenses. By using untaxed dollars in a Health Savings Account (HSA) to pay for deductibles, copayments, coinsurance, and some other expenses, you may be able to lower your overall health care costs. HSA funds generally may not be used to pay premiums.
While you can use the funds in an HSA at any time to pay for qualified medical expenses, you may contribute to an HSA only if you have a High Deductible Health Plan (HDHP) — generally a health plan (including a Marketplace plan) that only covers preventive services before the deductible. For plan year 2022, the minimum deductible for an HDHP is $1,400 for an individual and $2,800 for a family. When you view plans in the Marketplace, you can see if they’re "HSA-eligible."
For 2022, if you have an HDHP, you can contribute up to $3,650 for self-only coverage and up to $7,300 for family coverage into an HSA. HSA funds roll over year to year if you don't spend them. An HSA may earn interest or other earnings, which are not taxable.
Some health insurance companies offer HSAs for their HDHPs. Check with your company. You can also open an HSA through some banks and other financial institutions.
 

Great Northern Benefits wants to be the agency you look to for information and service. We want to work with you to help you manage your healthcare benefit dollars!

Voluntary Benefits

Voluntary Benefits (employee-paid) are a great way to offer additional coverage to your employees. Employees can buy dental, vision, life, and disability products directly from vendors through a payroll deduction. The choices are personal and based on individual need. Voluntary Benefits are appealing in that they cost employers next to nothing, are a great way to enhance employee morale, and are great recruitment and retainage tools.

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Please contact Great Northern Benefits at info@greatnorthernbenefits.com for additional information. One can also self-quote and enroll by clicking on the "Request for Quote" tab on our website and following the prompts.