Cut Health Premiums by 50% Before Biden Closes the Obamacare Loophole
This is not B.S. I used the loophole to save $4,696 on my premiums in 2020.
Click on the following link if you want:
- to watch a webinar about the unknown Obamacare loophole
- get a quote for yourself
- get a quote a client
If you would like to read last year’s newsletter where I do a good job of explaining how the Obamacare loophole works, click on the following link:
Webinar # 1—Making Social Media Work for You
Wednesday, November 18, at 1:00 p.m. EST
If you missed last week’s newsletter, you didn’t see the sign up link for webinar #1 in a series of webinars on online lead gen. to sign up, click on the following link:
As we all know, Obamacare did nothing but significantly raise premiums for millions of Americans. It forced everyone to buy insurance and then limited our options.
After last year’s newsletter not nearly enough took advantage of the loophole.
Some advisors did and saved their clients substantial money. Here are a few:
- Arizona widow saved $7,380 and used it to eliminate credit card debt
- Arizona family of five pivoted $17,950 in savings and funded college accounts
- New York advisor saved $2,800 on college-age child’s current ACA plan
- North Carolina family of four saved $15,395 and jump-started their long-term care
Biden will close this loophole!
If the ultimate outcome is that Biden becomes our next president, there is no doubt he will close this Obamacare loophole.
The conventional wisdom is that if he closes it, consumers taking advantage of it will be able to do so for only three more years (as they are transitioned back onto the mandated bronze, silver, or gold plan).
While not everyone will be able to take advantage of the loophole, many will.
Find NEW clients and EXTRA money for existing clients
Advisors are always looking for a way to find new clients. Can you think of a better way to get someone’s attention than to tell them you know of a loophole to help them save 50% or more on their health insurance?
And for existing clients, advisors should be jumping at the chance to help their clients save money so they can take the savings and do something more productive with it (IUL, AUM, SPL).
Is there a good reason for not learning about the Obamacare loophole that might save you and your clients 50% or more on health insurance premiums?
Not that I can think of.
Roccy DeFrancesco, JD, CAPP, CMP
Founder, The Wealth Preservation Institute
Co-Founder, The Asset Protection Society