Finance Blog

Stay financially savvy with the Equifax Advisor.

Sign up for our FREE Monthly Email Newsletter


Thank you for signing up for the FREE Equifax monthly newsletter

In addition to keeping in the financial know, you may be interested in checking your credit score and report.

Understand your credit. Help protect your identity.

Equifax Complete™ Premier Plan

  • Know What May Influence Your Credit Score and Be Alerted of Changes
    Credit score monitoring with custom alerts
    Important Disclosure: The Equifax credit score and 3-Bureau credit scores are based on an Equifax credit score model and are not the same scores used by 3rd parties to assess your creditworthiness.¹
  • Help Protect Your Identity
    Automatic fraud alerts encourages lenders to take extra steps to verify your identity²
  • Lock Your Credit
    The ability to lock and unlock your Equifax Credit Report³
Save 75% your first 30 days with the purchase of Equifax Complete™ Premier

$4.95 for the first 30 days, then $19.95 per month thereafter. You may cancel at any time; however, we do not provide partial month refunds.4

¹The credit scores provided under the offers described here use the Equifax Credit Score, which is a proprietary credit model developed by Equifax. The Equifax Credit Score and 3-Bureau scores are each based on the Equifax Credit Score model, but calculated using the information in your Equifax, Experian and TransUnion credit files. The Equifax Credit Score is intended for your own educational use. It is also commercially available to third parties along with numerous other credit scores and models in the marketplace. Please keep in mind third parties are likely to use a different score when evaluating your creditworthiness. Also, third parties will take into consideration items other than your credit score or information found in your credit file, such as your income.

²The Automatic Fraud Alert feature is made available to consumers by Equifax Information Services LLC and fulfilled on its behalf by Equifax Consumer Services LLC.

³Equifax Credit Report Control™ is only available while you have a current subscription to Equifax Complete Premier. Locking your credit file with Equifax Credit Report Control will prevent access to your Equifax credit file by certain third parties, such as credit grantors or other companies and agencies. Credit Report Control will not prevent access to your credit file at any other credit reporting agency, and will not prevent access to your Equifax credit file by companies like Equifax Personal Solutions which provide you with access to your credit report or credit score or monitor your credit file; Federal, state and local government agencies; companies reviewing your application for employment; companies that have a current account or relationship with you, and collection agencies acting on behalf of those whom you owe; for fraud detection and prevention purposes; and companies that wish to make pre-approved offers of credit or insurance to you. To opt out of such pre-approved offers, visit www.optoutprescreen.com/.

4We will require you to provide your payment information when you sign up and we will immediately charge your card $4.95. After that, we will charge the card $19.95 for each month you continue your subscription. You may cancel at any time; however, we do not provide partial month refunds.

Equifax® is a registered trademark and Equifax Complete™ Premier is a trademark of Equifax, Inc. © 2014, Equifax Inc., Atlanta, Georgia. All rights reserved.

A New Way to Buy Health Insurance

Written by Ilyce Glink on November 12, 2012 in Insurance  |   No comments

In a shopping center in South Jersey ringed by retail stores like Best Buy and Barnes & Noble, shoppers can buy a totally different kind of product—health insurance. Insurance companies and brokers across the country are stepping out of offices and business parks and into…

retail health insuranceIn a shopping center in South Jersey ringed by retail stores like Best Buy and Barnes & Noble, shoppers can buy a totally different kind of product—health insurance.

Insurance companies and brokers across the country are stepping out of offices and business parks and into brick-and-mortar retail stores, setting up inside shopping malls and retail centers. It’s an unusual move for an industry that can operate for little cost online —but one that health insurance officials are embracing.

TIP: If you’re shopping around for a new health insurance policy, check your credit score first. A higher credit score may be able to get you a lower insurance premium.

Horizon Blue Cross Blue Shield (BCBS) recently opened New Jersey’s first insurance retail center, Horizon Connect, offering consumers the opportunity to buy health insurance in the same way they would buy a cell phone.

Thomas Vincz, PR manager for Horizon BCBS, compares the retail outlet to an Apple or an AT&T store—the stores are less about selling products than they are about providing a place where customers can go to get services they need.

“It’s a very different type of environment, and people are getting used to that,” Vincz said. “We don’t think there’s anything better than one-on-one attention. Health insurance is complex. It can be confusing, and these staffers are trained specifically to meet a wide range of needs of customers and they are there to demystify health insurance.”

Other arms of Blue Cross Blue Shield have been operating several stores in Florida and Pennsylvania since as early as 2009, and the company is continuing to grow its retail presence. United Healthcare also recently opened a 16,000-square-foot facility in New York City.

Additionally, some insurance brokers are testing out new models such as agent-driven offices and retail hubs, such as HealthPlan Headquarters in Baltimore, Md.

HealthPlan Headquarters—a group of insurance brokers—opened its retail store last year, aiming to guide people new to the solo health insurance world. Its customers include people recently divorced to people who recently lost employer coverage.

“With the economic recession going on, a lot of companies were cutting benefits in order to stay open and keep employees, and so as those people hit the private insurance market, they were really being taken advantage of,” said Katrina Wilson, director of marketing and communications for HealthPlan Headquarters.

What health insurance retail outlets can offer customers

Customers can walk into these stores, look at plans and benefits, get direct assistance from agents, and purchase a policy. And if they already have insurance, customers are welcome to come in and ask questions about claims or benefits. Some of the stores also offer health seminars and wellness programs, such as BMI and blood sugar checks.

The retail model fits the recent trend in the healthcare industry, moving from a wholesale, employer-based model to a consumer-based model. According to the Employee Benefit Research Institute, from 2007 to 2011, people covered by their employers’ health plans dropped from 60.4 percent to 55.8 percent.

On top of the drop in employer-based insurance, millions of new health insurance customers are primed to hit the market in 2014. Under the Affordable Care Act (ACA), all Americans are required to purchase insurance either through an employer, through state or federal exchanges, or privately.

The retail insurance option may be ready to explode as consumers look for an easier, more personal way of shopping around for insurance. But it’s hard to tell, Wilson argues.

“That’s the billion dollar question,” she said of the ACA. “It will either push a ton of people to us because everyone will need insurance, or it might not change anything.”

Ilyce R. Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com and at the Home Equity blog for CBS MoneyWatch.

The information contained in this blog post is designed to generally educate and inform visitors to the Equifax Finance Blog. The blog posts do not give, and should not be assumed to provide, personalized tax, investment, real estate, legal, retirement, credit, personal financial, or other professional advice. Before making any financial decision, you should always consult with the appropriate professionals who can explain your options, rights, and legal responsibilities, and advise you on any tax, legal, credit, or business implications that may result from those decisions. The views and opinions expressed by the authors of blog posts are their own views and may not be the views or opinions of Equifax, Inc. and/or its affiliates.

No comments yet

Leave a Comment

Name :

Commenting guidelines

We welcome your interest and participation on this forum, but be aware that comments will be published at Equifax's sole discretion. Please don't use this blog to submit questions or concerns about your Equifax credit report or raise customer service issues. Instead, you should contact Equifax directly for all such matters and any attempts to do so in this forum will be promptly re-directed.

Some other factors to consider when commenting:
  1. Registration and privacy. While no registration is required to visit our forum, participants wishing to post a message must register by creating an account. All personal information provided by forum members incident to registration is governed by our Terms of Use and Privacy Policy.
  2. All comments are anonymous. We'll delete your name, e-mail address, and any other identifying information, including details about your investments.
  3. We can't post or respond to every comment - As much as we'd like to, we can't post every comment, nor can we guarantee that we will respond to each individual message. All questions or comments about your Equifax credit report or similar customer service issues should be handled by contacting Equifax directly.
  4. Don't offer specific legal, tax or financial advice. All of the materials on this Site are for information, education, and noncommercial purposes only and this forum is not intended as a means of expressing views or ideas regarding any specific legal, tax, or investment advice. While offering general rules of thumb is both permitted and encouraged, recommending specific ideas or strategies regarding investments, taxes, and related matters is prohibited.
  5. Credit Repair. This blog is not intended as a venue for the discussion or exchange of ideas regarding credit repair or other strategies intended to assist visitors and community members improve or otherwise modify their credit histories, ratings or scores.
  6. Stay on topic. Your comment should be concise and pertain to the specific post in question.
  7. Be respectful of the community. The use of profanity, offensive language, spam, and personal attacks will not be tolerated and egregious or repeat offenders will be banned from future participation. We encourage disagreement and healthy debate, but please refrain from personal attacks on our WordPresss and contributors.
  8. Finally: Participation in this forum may be terminated by Equifax immediately and without notice for failure to comply with any guidelines or Terms of Use. As such, you should familiarize yourself with all pertinent requirements prior to submitting any response through the blog or otherwise. All opinions expressed in this forum are solely those of the individual submitting the comment, and don't necessarily represent the views of Equifax or its management.

Equifax maintains this interactive forum for education and information purposes in order to allow individuals to share their relevant knowledge and opinions with other members and visitors. We encourage you to participate in discussions about personal finance issues and other topics of interest to this community, but please read our commenting guidelines first. Equifax reserves the right to monitor postings to the forum and comments will be published at our discretion. Do you have questions or comments about your Equifax credit report or customer-service issues regarding an Equifax product? If so, please contact Equifax directly. All opinions and information expressed or shared in blog comments are solely those of the person submitting the comments, and don't necessarily represent the views of Equifax or its management.

Insurance Archive