TesTeachers #1 in Colorado! November 7th, 2013
Reports are in from Pearson Vue!
From June 1st through October 11th, of this year, TesTeachers has the highest first time pass ratio in Colorado with 72%
The proof is in the pudding, be sure to sign up with TesTeachers for your next exam to receive the best support possible for passing your test on the first go!
Written by Theme Admin in: Insurance, Securities | Tags: for Colorado, First Time Pass, TesTeachers
Patient Protection and Affordable Care Act (PPACA) “Obamacare” October 24th, 2013
There has been much confusion over the Patient Protection and Affordable Care Act (PPACA), commonly called the Affordable Care Act (ACA) or “Obamacare” as it is a highly politically charged topic. Many “facts” have been thrown around from both political parties only furthering the confusion over the bill. Removing politics and media spin, here is what you really need to understand about this new health insurance law.
Beginning in 2014, every citizen of the United States will now be required to purchase health insurance or they will pay a penalty. Many find this coverage mandate both intrusive and unconstitutional. However, the Supreme Court ruled that as long as the penalty is considered a tax then the bill is constitutional. The tax is set to start fairly low in 2014, and increase with each subsequent year, thereby encouraging more and more people to purchase health insurance coverage.
How does the ACA affect the American people? If you already have health insurance, you will likely be able to continue on your current plan and should not experience major changes. But if you haven’t been able to qualify for health insurance previously due a pre-existing medical condition, you can now get insurance. As of 1/1/14, health insurance plans cannot deny any person coverage based upon a pre-existing condition, and a person’s rates cannot be based upon health. Also, under the ACA, children are allowed to remain on their parent’s plan, regardless of dependency, marital status or school status, until the age of 26. The ACA includes coverage for “essential health benefits”. The ACA also removes lifetime limits and annual limits on benefits.
What if you can’t afford health insurance? When enrolling through a health insurance “exchange” a person will learn whether or not they are Medicaid eligible. If they are not Medicaid eligible, then they may qualify for tax-subsidies towards their purchase of health insurance coverage. The success of the launch of the state health insurance “exchanges” on October 1st, 2013 has been mixed. Some states chose to put together their own marketplaces, and other chose to offer these mandated coverages through the federal exchange. There are still many kinks to be worked out of most of the “exchange” systems.
One thing that is clear is that the ACA will affect the United State’s citizens, economy and businesses. Exactly how it will play out long-term, no one can say for certain. Currently, many businesses are finding that their healthcare costs are rapidly rising. The ACA also includes a medical device tax of 2.3% that applies to clinical medical devices that are sold to U.S. health care providers, like stents, catheters and defibrillators. The tax does not apply to devices purchased directly by U.S. consumers such as hearing aids, walkers and wheelchairs. Companies experiencing higher costs often choose to cut expenses by lowering hours, or laying off employees. Some U.S. businesses may decide to discontinue or refuse to offer health insurance coverage altogether, choosing to pay the penalty instead.
Some pros and cons of Obamacare? Well, it has the potential to lower health care costs overall because the pool of enrolled persons will now be much greater than before. If the system can encourage enough healthy and young people to enroll, that will have a positive effect of premiums charged. If only sick persons enroll, with the young and healthy choosing to pay the penalty instead, premiums may go up. Persons with health insurance coverage are generally more likely to go the Dr. for a minor ailment, versus persons without coverage who often wait until the condition has become serious and end up in the costly emergency room. Overall the ACA expands coverage to those who could not be covered before, either because their employer did not offer coverage, they could not afford it or they could not qualify based upon health conditions.
Exactly what the future of health care will look like here in the United States is an unknown. It will look different from today, that is certain. The goal of the ACA is to make health insurance coverage available to all. Whether or not it will work, only time will tell.Written by Theme Admin in: Insurance | Tags: for ACA, obamacare, PPACA
September Life Insurance Awareness Month October 10th, 2013
This past September was Life Insurance Awareness Month, an awareness campaign run by the LIFE foundation. According to their website, “The Life and Health Insurance Foundation for Education (LIFE) is a nonprofit organization dedicated to helping consumers make smart insurance decisions to safeguard their families’ finance futures.”
As part of Life Insurance Awareness Month, a series of consumer facts relating to life insurance, provided by LIMRA, were released. We posted much of this information on our company facebook page. Here are a few highlights:
- Thirty percent of U.S. households have no life insurance at all; only 44 percent have individual life insurance.
- Fifty percent of U.S. households (58 million) say they need more life insurance.
- Consumers who believe they need life insurance, 86 percent haven’t bought it because they think it is too expensive.
- Among the triggers to shop for life insurance, 41 percent of recent shoppers say life events (marriage, children, buying a house, etc.) motivated them to shop for life insurance.
- Among households saying they are likely to buy life insurance in the next 12 months, 35 percent say the reason they have not yet bought more life insurance is because no one has approached them about it.
- Only eight percent of consumers consider themselves very/extremely likely to purchase life insurance in the next year.
The full list of the facts can be found at LIMRA’s website.Written by Theme Admin in: Insurance | Tags: for life insurance
Oklahoma Insurance Courses are now LIVE! April 26th, 2012
Posted on April 26th, 2012 as Uncategorized
Our Oklahoma Insurance Courses are now LIVE! Oklahoma is a PSI state.
We are offering the following courses:
• OK Life & Health Insurance
• OK Life Insurance Only
• OK Property & Casualty Insurance
https://www.testeachersonline.com/oklahoma-insurance-exam-trainingWritten by Theme Admin in: Uncategorized | Tags:
New Rules Affecting Ins. Licenses In WA March 3rd, 2011
The Office of the Insurance Commissioner (OIC) is contacting all licensees, insurance licensing services, insurance companies (specifically staff processing appointments), and insurance education providers about recently adopted rules in the State of Washington. These rules affect how you submit licensing information to the OIC.
On February 28, 2011, all licensing processes identified by the OIC as an “exclusive online licensing process” must be completed online rather than in paper form. ”Exclusive online licensing processes” include:
· Applying for or renewing a license
· Adding a line of authority to your existing license
· Renewing appointments
HOW DO THE NEW RULES AFFECT ME?
The new rules require an applicant or licensee to complete licensing transactions online through the OIC’s Online Services. As part of the new rules:
· You must provide and maintain a valid email address. This email address is the contact point for licensing processes.
· In addition, we will phase out paper forms according to the schedule below:
Ø Starting June 1, 2011 you must complete all license renewals online
§ Licensees must be registered for Online Services.
§ Residents must renew through Online Services.
§ Non-residents may renew through Online Services or through NIPR.
§ We will no longer mail renewed licenses (you can print them through Online Services).
§ We strongly encourage you to complete your Continuing Education at least 30 days prior to your license expiration date.
Ø Starting July 1, 2011, you must complete all license applications online
§ Residents must apply through Online Services.
§ Non-residents may apply through Online Services or through NIPR.
§ We will no longer mail licenses (you can print them through Online Services).
To help you comply with these new rules, we strongly encourage you to read them at www.insurance.wa.gov. Click on the Agents/Brokers tab and then click on the “Attention Licensees” icon to find detailed information as well as the complete revised rules. For questions or to request registration (your user ID and password), contact OIC Licensing staff at firstname.lastname@example.org or call 360-725-7144.Written by Theme Admin in: Insurance | Tags: for Washington Insurance License Changes
Who is TesTeachers? March 31st, 2010
First off, welcome to our new site and new blog! We are very excited to have this blog available as a part of our brand new site. In case this is your first visit to our site, we thought this post would be a good introduction to who we are and what our company philosophy is. Our company has been training individuals to pass insurance and securities licensing exams for almost 40 years now.
It was the early 70’s in Portland, Oregon when the state passed a law requiring those who wanted to obtain an insurance license to complete a live lecture pre-license training course. Oregon just happened to be one of the first states in the nation to pass an insurance pre-license education requirement. At the time there were not really any schools available for future insurance agents to take the required courses. Thus, our company was formed.
Since the founding of our company we have operated live schools in Oregon, Washington, California, Hawaii, Arizona, Texas, Colorado and Minnesota and have sold our hard copy study products throughout the US since the late 90’s. We currently operate the largest live lecture insurance and securities schools in Arizona and Colorado.
So, how does this all tie together? Beginning in 2006 we converted all our content to also be available online in lecture flash video format. Around the same time we re-branded our company as TesTeachers and began to market our online video lecture courses throughout the nation. As the first school ever to offer a true replication of a live lecture class online, the use of our online training programs has grown tremendously.
We are here to teach you what you need to know to pass your licensing exam, period! We are not here to train you how to sell insurance or securities products, or provide you education about the history of the insurance or securities industry. You want to pass the test, and we understand if you don’t we are not doing our job. In order to pass your exam, you must understand the concepts behind the questions. Memorizing questions and answers is not enough, in fact it is a sure fire way to fail your exam!
For this reason we have instructors available by e-mail to help you further comprehend anything in case you get stuck. Why do we do this? Because we want you to pass your exam on your first attempt.
Each course also includes our video lecture sessions in downloadable and streaming format. The audio from these sessions is also provided in mp3 format. No other vendor anywhere offers these important study tools.
Well, that is the long and short of it. We look forward to a bright future as we continue to increase the effectiveness of our programs any way we can. We hope we have the opportunity to assist you in passing your exam on your first attempt. Thank you for taking the time to read this post, and if you are are student, get back to your studies, you have work to do!Written by Theme Admin in: Insurance, Securities | Tags: for TesTeachers