2013 Health Insurance Subsidy Income Guidelines

Health Insurance Subsidy Income Guidelines

Comrade Financial Group has helped many individuals and families in the Maryland, Washington D.C. and Virginia are obtain Health Insurance with and without subsidies. It is important to remember that this subsidy is an advanced tax credit to help with the monthly premium and not a gift. The amount of help depends on your tax filing status and MAGI which is Modified Gross Adjusted Income. See the chart below for income guidelines to see if you fall into the Federal FPL guidelines.


Each year when you complete your tax return, your income is calculated and if you have had insurance for more than 9 months you will not have to pay the ACA penalty. If you have not, there are penalties that increase for the next 3 years, unless the ACA gets repealed. Based on that income your subsidy could increase or decrease. For more information please call us.

FPL Guidelines

Thank you

Jack Fleming – Insurance Broker


The Co Insurance Question?

Co Insurance



Every day I speak to people about their Health Insurance. They rarely know what their Deductible is, and almost always they do not have a clue what their Co Insurance is. This is a major problem because having the wrong Co Insurance could make you liable for a whole lot of charges. Comrade Financial Group will always recommend a 0% Co Insurance for all plans we offer Individuals and Families.

What is Co Insurance?


Your Co Insurance is above and beyond what you would pay after your deductible is met. So you tell me that you have a $1500.00 deductible! That is great, but your co insurance is 20%. So lets just say that you incur medical bills in the amount of $15K. You would pay your deductible of $1500, then 20% of the remaining $13,500. Some carriers don’t have Co insurance lower than 40%!

Make sure that your Health Insurance plan has a 0% Co Insurance!

Jack Fleming – Insurance Broker

All About Annuities

All About Annuities!

I really wanted to do a blog post about Annuities! In this Economic environment, you really can’t earn a decent return using CD’s. Okay, if you want 1%, that is fine, but with the inflation rate around 3%, you are going backwards. Annuities right now are giving 2 to 3 times that with simple Fixed Annuities. There are many carriers out there offering a variety of products like Fixed Annuities, but their rates are not that much above what you can get for a long term CD. The key is looking for the right Carrier.  The best thing or concept I love about Annuities is that you will and can earn Interest on the Interest you already earned. So that is compounding in its most simple form. If you have some savings, a underperforming 401K, or you are just looking to start a rock solid Retirement Plan. I strongly suggest looking into Fixed Annuities as part of your Retirement portfolio.   Remember that some Annuities will offer Withdrawal options, some at 5% and some at 10%, these are penalty free. Heck some carriers are offering Premium bonuses just to get one started. Also another important thing to remember that just like any other Insurance product, read everything and make sure you understand it. That is where Comrade Financial Group can help. No Pressure, just information.

Jack Fleming – Insurance Broker


The New Comrade Financial Group

The New Comrade Financial Group

Well, it is almost time to launch the new website. I have been working with a very intelligent Web Designer and friend by the name of Robert Dickson. You see I am switching over to a better technology when it comes to instant quotes on the web. There are several companies out there that can do the job, but this new one i am using just takes the care. The New Quote Engine now can do instant quotes for Life Insurance, Health Insurance, and Group Insurance with Dental and Vision. I am very excited to start using these products to help communicate the most up to date information with my clients. Just a reminder that the name of my business is Comrade Financial Group. Comrade literally means Friend or Ally. In the world of Insurance, we need all of the friends we can get. If you happen to find this post on the web, stop by the site and share it, like it, or tweet it. We greatly appreciate it.

Jack Fleming – Insurance Broker

Comrade Financial Group

It was time to do a blog posting about my Insurance Agency. Some people have asked me why “Comrade”. Most people don’t understand what Comrade actually means. It means “Friend” or “Ally” and of course over the years there have been many meanings to many words. Coming from a Combat Veteran of the 82nd Airborne Division, it is better to be a friend of Jack, than not. I started this Agency with a passion for helping people with their money.

Over the years and in my own life, saving money and getting the best deal I could was a primary concern. I meet people everyday, some I can help and some I can’t, but I have given my best effort in helping them make their lives better. There is no
secret about Insurance, Its there and will be there long after I am gone. But there are masses that still don’t understand it. They just know that if they pay they will be covered. As a Insurance Broker, there is the innate ability to pick and choose what product best fits the needs of the client. I am not Superman, just a dedicated professional with a tireless passion.

If you have found this blog post, we have just had a chance encounter to help make someone’s life a little better. Thank you all for your continued support and word of mouth advertising. It is greatly appreciated. Thank You!

Health Care Insurance Fraud on the Rise!

Health Care Insurance Fraud on the Rise!

Great article linked above all about Fraud and
what you can do as a consumer to protect your
information. I run a Life, Health, and Annuity
Agency and I take extra steps to safeguard
customer information and keep passwords for
almost every file that contains personal
On another note, someone in my family had
a quack Dr. and really could not tell the
difference between chest pains and a pulled
muscle, but since they had the best insurance,
the Dr. felt it necessary to do a gambit of tests.
It even got to the point of recommending Open
Heart Surgery which happened but when they
opened the chest cavity, nothing was wrong.
Unbelievable! Now my family member has
a huge scar in the middle of her chest and
it turns out that she has an extremely healthy
heart and there is nothing that can be done
about it!
People die every day from misdiagnosis,
medication mistakes, and just downright
stupidity and greed! So please question
each pill you take, question each thing
the Dr. says to you! They are people too and
who says that Dr’s are immune of greed!

Jack Fleming – Insurance Broker