October Newsletter 2017: Open Enrollment Is Almost Here: Secure Your Appointment Now As It's Going To Be A Busy Season

Thanks to Larry Vogler for the cartoon. 

Thanks to Larry Vogler for the cartoon. 

Dear Clients,

The busy season of Open Enrollment is upon us. Anthem is leaving LA County for individuals who are under 65, so starting November 1, we will be busy helping our Anthem clients switch plans. Please book your appointment with us as early as you can since our schedules tend to book out two weeks in advance.

If you are a Medicare Client, Age 65 or older, your Open Enrollment period begins October 15th. Our best time to see you is in the month of Octoberbefore things get really busy with the nearly 1000 clients we serve. Once again, we urge our Medicare clients to have your appointment with us in October before IFP Enrollment begins November 1st.

Medicare Advantage Updates for 2018:
If you’re on a SCAN Classic I Plan your premium is not going to change. If you’re on a SCAN Classic II Plan your premium is going to $24 and you will still have access to UCLA Medical.

Medicare Drug Plan Updates for 2018: 
If you’re on the Humana Walmart Drug Plan 2018 your premium is going from $17 to $20.40 with very little changes to your plan. If you’re on the SilverScript Choice Plan, your premium is staying at $28.50 with very little changes to your plan.

BOOK APPT HERE. 

IFP Enrollment News and Information:
For Individual and Family Plans for people under age 65, your Open Enrollment period begins November 1st. If you want your plan to begin January 1, you must have a completed application by December 15th. There are no exceptions to this deadline.
This gives you the window of Nov. 1 – Dec. 15th to make an appointment with us.

BOOK APPT HERE. 

Please note that some news sources saying the government has shortened the window for open enrollment DOES NOT apply to California as we have our own enrollment period which runs from November 1 -Jan. 31st, 2018. 

The 2018 prices and offerings remain mysterious as ever and we won’t know the rates until Nov.1. As far as we know, the carriers offering plans for off-exchange are Blue Shield, Oscar, HealthNet and Kaiser. The carriers offering plans on exchange are those listed above plus LA Care and Molina. As soon as we have more information we will let you know.
Here’s to a successful Open Enrollment for your Healthcare in 2018.

BOOK APPT HERE.  

Enjoying The Calm Market? Don't Expect It To Last Forever

It's been 20 months since the last market correction. They usually happen every 11 months. The U.S. stock market has been good to investors this year—not only has it hit a series of records, but dips as small as even 3% have been in incredibly short supply—but anyone wanting to jump into the market should realize the good times may not last. Wells Fargo Investment Institute warned that investors “shouldn’t become too complacent” because the current environment is atypical in its lack of volatility and share-price declines, noting it has been much longer than was usual since the market saw a pronounced dip (a decline of at least 5% from a peak), let alone a correction (a 10% drop).

“Historically speaking, on average, the domestic equity market corrects every 11 months—the last correction was in November 2015,” wrote Chris Haverland, a global asset allocation strategist at Wells Fargo Investment Institute. “Meanwhile, on average, the U.S. equity market dips three to four times per year. The last dip was in June 2016.”

In addition to the nearly nonexistent downside, market volatility has also been hard to come by. Thus far this year, the S&P 500 SPX, +0.05% has only closed with a 1% move in either direction in eight sessions. That’s on track to be the fewest such moves since 1995, when there were 13, according to data from LPL Financial. A larger move, such as a 4% swing in a day, hasn’t occurred in nearly six years. Read More Here.


To Your Health and Financial Wellness,

TWP FINANCIAL