Complete A Louisiana Life Insurance License Application
Once you pass the life insurance exam and complete the background check, you can apply for your Louisiana life insurance license. The application fee is $75 plus a $5.60 transaction fee. You must apply online via the NIPR.
The LDI will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam. You also should create a user account on Louisianas Industry Access portal where you can manage your online filings as a licensee.
Send any questions or supporting documents to .
Health Insurance Coverage For Multiple Years
TriTerm Medical Insurance,5 underwritten by Golden Rule Insurance Company, is short term health insurance that offers coverage for preventive care, doctor office visits, and prescriptions.
- Apply once for insurance coverage terms that equal one day less than 3 years.
- $2 million lifetime maximum benefit per covered person on most plans.
- Eligible expenses for preexisting conditions are covered after 12 months on the plan.
Questions about Short Term or TriTerm Medical insurance? Call / TTY 711 to talk to a representative.
How Often Should I Get My Blood Tested
The frequency with which you need your blood tested is a question for your primary care physician. If you are an otherwise healthy person, some bloodwork is usually recommended once per year as part of your general physical exam. But if you have a health condition that requires more frequent monitoring, you may have to get blood tests at different intervals, such as twice per year, four times per year, or every month.
Complete A Louisiana Insurance Pre
Before you take the Louisiana life insurance licensing exam, its important to make time to acquire the knowledge youll need to pass this exam on your first attempt. Completing a pre-license education course will equip you with the necessary information and tools youll need to prepare for your exam.
Louisiana requires 20 hours of pre-licensing education courses for life-only insurance license applicants. A pre-license education course provides very specific industry knowledge that will be tested during the exam. There is very little information on the test that could be considered common sense. Pre-license education courses are self-paced and include study materials like practice exams and flashcards.
Beyond helping you effectively prepare for and pass the life insurance licensing exam on your first try, taking a pre-license education course also will give you a solid understanding of your duties as a life insurance agent.
Health Statistics In Louisiana
Louisianas reported deaths for cancer, diabetes, heart disease, and HIV are all above the national average. Heart disease death rates are particularly high, at a rate of 271 per 1,000 people compared to the total U.S. population rate of 209.4 per 1,000. But with early detection, death rates could be lower. Reported deaths in Louisiana include:
|Heart disease deaths||271|
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What Type Of Health Insurance Marketplace Does Louisiana Have
Louisiana uses the federally run marketplace Healthcare.gov, so individuals and families who need to buy their own health coverage can go online to enroll. Like the Louisiana health insurance marketplace, regardless of the state you live in, there is some sort of Marketplace for you to buy coverage.
Louisiana Additional Mandated Benefits
Louisiana currently mandates that the following benefits, which exceed ACA requirements, must be provided or offered by private providers authorized to sell health insurance within the state:
- Emergency transportation/ambulance for ill or injured newborn and the temporarily disabled mother of the ill newborn for individual, small and large group plans
- Durable medical equipment prosthetic devices and services for HMO, individual, small and large group plans
- Hearing aids for minors for HMO, individual, small and large group plans
- Attention deficit disorder for HMO, individual, small and large group plans
- Reconstructive surgery breast reconstruction for HMO, individual, small and large group plans
- Prescription drugs other coverage for the use and service of drugs in the treatment of cancer for HMO, individual, small and large group plans
- Congenital anomaly cleft lip and palate for HMO, individual, small and large group plans
- Clinical trials for cancer except phase 1 for HMO, individual, small and large group plans
- Diabetes care management diabetic supplies, equipment, out-patient self-management training and education for HMO, individual, small and large group plans
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How Much Does Health Insurance In Louisiana Cost Per Month
The average cost of individual health insurance in Louisiana is $728 per month or $8,736 per year for an adult in their 40s. However, this cost will change significantly depending on the metal tier of coverage you select and your age. Like most insurance products, the older you are when you take out the policy, the more expensive it will be.
Did You Get Moved To A Different Health Plan
You can choose to keep your UnitedHealthcare benefits for the 2023 plan year. Make your plan selection between November 8 and December 29. Here’s how:
- Online: Visit myplan.healthy.la.gov and choose UnitedHealthcare Community Plan
- App: Download the Healthy Louisiana app from Apple or
- Phone: Call , TTY 1-855-LaMed4Me , MondayFriday, 8 a.m.5 p.m.
- 24/7 automated system: TTY
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Dental Vision And Hearing Care
We help you keep your smile, sight and hearing at their best. Benefits include:
- Dental. Covered cleanings, checkups and dental work are provided by MCNA Dental and DentaQuest for members under the age of 21. We also offer coverage for adults, including dental exams, cleanings, fillings, extractions, and x-rays ? *
- Vision. Routine exams and glasses and contacts are covered for members under the age of 21.
- Hearing. Tests, exams and hearing aids are covered for members to age 21.
* Value added benefit offered by UnitedHealthcare Community Plan.
Get the medical care and equipment you need to live safely at home. Benefits may include:
- Equipment and Supplies. In-home medical and safety equipment are covered for medically necessary equipment.
- Home Health Care. Medical and personal care at home, if necessary.
Insurance For Individuals In Louisiana
Individual health insurance plans offer the most flexibility for Louisiana residents. These plans let you balance your budget and current needs depending on whether youre seeking a basic low-cost plan or have a chronic medical condition and need lower out-of-pocket costs.
Health insurance premiums can be based on your age, county of residence, tobacco use, and coverage tier. Louisiana allows insurance companies to charge older beneficiaries up to three times as much for the same plan. Tobacco users may have to pay up to 50% more for premiums, and prices vary in Louisianas eight geographic rate determination zones. However, insurance companies cannot charge you more based on your medical history or gender. In addition, you cannot be denied coverage due to preexisting medical conditions.
The type of plan you choose is also an important consideration.
- Health Maintenance Organization plans typically cost less than other health coverage types and have some restrictions that can affect your ability to access care. For example, you may have to ask for a referral to see a specialist and your network is local.
- Preferred Provider Organizations dont require referrals and usually offer nationwide coverage but cost more than HMO plans. Most PPOs also have out-of-network benefits.
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How Do I Enroll In Louisiana Individual And Family Insurance
The Health Insurance Marketplace isnt the only way to enroll in coverage. You can also work with an independent broker, go through a comparison-shopping website, or contact insurance companies online or over the phone. However, once you leave the Marketplace, you wont have access to the tax credits it provides. In addition to ACA-compliant health insurance plans, short-term health insurance plans and programs like the Consolidated Omnibus Budget Reconciliation Act let you extend existing health coverage for up to 18 months after leaving a job by paying 102% of the entire cost.
Louisiana Life Insurance License Faq
How much does it cost to get a life insurance license in Louisiana?
Obtaining a life insurance license in Louisiana requires these fees:
- Insurance Pre-license Education Course Fee: $149+ via WebCE
- Exam Fee: $38 via PSI Exams
- Fingerprint-Based Background Check Fee: $39.25 via PSI Exams
- Application Fee: $75 application fee + $5.60 transaction fee via the NIPR
How long does it take to process a life insurance license application in Louisiana?
To know if your license has been issued, check your application status by visiting your Industry Access account.
Can I get a temporary life insurance agent license in Louisiana?
Yes. Louisiana provides a 60-day, temporary life insurance license. You can submit a request for a temporary license to the Louisiana Department of Insurance via email at .
Can I get an emergency life insurance agent license in Louisiana?
No. An emergency license isnt available for life insurance agents in Louisiana.
Do I need to get my securities license on top of a life insurance license in Louisiana?
Probably. While you can sell certain basic life insurance products with just a life insurance license, a securities license removes the limits on what you can sell and puts you in a much better career position. As a securities license holder, you can provide your clients with products tied to the securities market as part of their retirement and life insurance plans. But, youll need FINRA accreditation to obtain your securities license.
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Frequently Asked Questions About Louisiana’s Aca Marketplace
Louisiana uses the federally facilitated exchange, so residents use HealthCare.gov to enroll in exchange plans.
Louisiana is among the 26 states that initially left all responsibility for its health insurance marketplace to the federal government. Former Gov. Bobby Jindal repeatedly rejected a state-run exchange and even returned a $1 million federal planning grant. He also refused to expand Medicaid under the ACA, although Governor John Bel Edwards reversed Jindals position on Medicaid expansion, and eligibility was expanded in mid-2016.
The open enrollment period for individual/family coverage runs from November 1 through January 15 in Louisiana. This is true both on-exchange and off-exchange.
Outside of open enrollment, a qualifying event is generally necessary to enroll or make changes to your coverage. But through at least the end of 2022, theres an ongoing enrollment opportunity for people who are eligible for premium subsidies and whose household income doesnt exceed 150% of the poverty level.
As of 2022, there are six insurers that offer exchange plans in Louisiana. The most recent additions were UnitedHealthcare and Ambetter from Louisiana Healthcare Connections, both of which joined the exchange for 2022.
Unitedhealthcare Connected General Benefit Disclaimer
This is not a complete list. The benefit information is a brief summary, not a complete description of benefits. For more information contact the plan or read the Member Handbook. Limitations, copays and restrictions may apply. For more information, call UnitedHealthcare Connected® Member Services or read the UnitedHealthcare Connected® Member Handbook. Benefits, List of Covered Drugs, pharmacy and provider networks and/or copayments may change from time to time throughout the year and on January 1 of each year.
You can get this document for free in other formats, such as large print, braille, or audio. Call Member Services, 8 a.m. – 8 p.m., local time, Monday – Friday . The call is free.
You can call Member Services and ask us to make a note in our system that you would like materials in Spanish, large print, braille, or audio now and in the future.
Language Line is available for all in-network providers.
Puede obtener este documento de forma gratuita en otros formatos, como letra de imprenta grande, braille o audio. Llame al Servicios para los miembros, de 08:00 a. m. a 08:00 p. m., hora local, de lunes a viernes correo de voz disponible las 24 horas del día,/los 7 días de la semana). La llamada es gratuita.
Puede llamar a Servicios para Miembros y pedirnos que registremos en nuestro sistema que le gustaría recibir documentos en español, en letra de imprenta grande, braille o audio, ahora y en el futuro.
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Low Cost Basic Coverage
Catastrophic health insuranceis inexpensive coverage thats customized for need. Plans are typically oriented in 2 ways:1. Inpatient – oriented more towards accidents, injuries, sickness, critical illness, & disease.2. Outpatient – oriented more towards doctor visits, specialist visits, & pharmacy benefits.
Louisiana Dental And Vision Plans
Dental and vision insurance plans, underwritten by Golden Rule Insurance Company, have no age limit restrictions.7 They offer coverage for the dental and vision services many medical insurance plans dont include.
From New Orleans to Baton Rouge, Shreveport to Lafayette, explore these Louisiana health insurance options and more that may be available now.
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What To Know About Health Insurance In Louisiana
MoneyGeek used sample rates based on private plan data from Louisiana marketplaces. You may find cheaper policies once you apply for a plan on the health insurance exchange. In addition, residents who have lower income or are older looking for affordable health insurance in Louisiana may qualify for government programs like Medicaid and Medicare. These are usually cheaper than plans from private insurance carriers.
Louisiana Small Business Coverage
If you own a small business in Louisiana , you can purchase qualifying coverage for your employees through SHOP, the Small Business Health Option Program or through a private broker or insurance agent. However, you may qualify for tax credits worth up to 50% of your premium costs if you use SHOP. Beginning in 2016, SHOP will be open to employers with up to 100 FTEs. Under the Employer Shared Responsibility provision of ACA, beginning in 2015, all employers with 50 or more FTEs must offer employees at least one plan that is ACA-compliant or face fines of $2,000 per employee.
Coverage For Businesses & Employer Groups
Since the Affordable Care Act passed in 2010, businesses & small employer groups have seen the largest price increases in the entire health insurance industry. Group coverage is typically the most expensive type of coverage because it is rated up in order to cover risk for a larger pool of insured. This can include larger premiums as well as coverage gaps in the form of deductible, coinsurance, or out-of-pocket max. There are some differences in coverage between large employer groups & small employer groups. Small employer groups typically have more options available such as more affordable alternatives in the private market. Our agents can provide a free cost savings analysis for your business. For a free group quote, wed simply need a census form with basic information on each member such as the number of employees & dependents, each persons age. For the most complete assessment/accurate price comparison , wed need to assess each employees age, smoker status, zip code, and health. If you are a business owner or HR representative in need of a free group quote, simply reach out to us and ask for a Group Census Form. If you are an employee who needs a lower priced health insurance option than your current Group Coverage through your work, simply complete the Get a Free Quote form at the top of the page. Employees may also want to consider the Dependent Coverage section below.
The Cheapest Health Insurance In Louisiana With High Out
Younger Louisiana residents with low medical costs and good health may want to get a low-cost plan with high out-of-pocket maxes. With this, you will pay lower premiums. However, you will pay more if you have a severe medical emergency or visit the doctor frequently.
The cheapest option for a plan with high out-of-pocket expense is CHP LA Bronze – Two Free PCP Visits from CHRISTUS Health Plan. The average cost of this plan for a 26-year-old is $296 per month.
MoneyGeek defines a high out-of-pocket plan as one with a maximum out-of-pocket expense of $8,250 or higher.
CHRISTUS Health Plan
For affordable health insurance in Louisiana with a high out-of-pocket maximum, the top option is CHRISTUS Health Plans CHP LA Bronze Two Free PCP Visits.
Take The Louisiana Life Insurance Licensing Exam
After you complete a prep course and your own independent studying, its time to take the Louisiana life insurance exam. Your pre-license education provider will report your course completion to PSI Exams. Once your pre-license education is on file with PSI, you may register for and schedule your exam.
Louisiana uses PSI Exams as its official testing service for delivering licensure exams.
The Louisiana life insurance exam outline contains a total of 100 scored questions, which cover topics like Louisiana insurance regulation, federal tax considerations for life insurance, and more.
Youll have 120 minutes to complete the exam. The Louisiana life insurance exam fee is $38, which you must pay at the time of reservation by credit card, debit card, or voucher. The exam is a proctored test, meaning an official proctor will closely monitor you in a controlled environment.
If you happen to fail the Louisiana life insurance exam, you can schedule a retake as soon as 24 hours after your first attempt.
The best way to understand if you are prepared for the test is to take a Life Insurance Practice Exam.