[su_box title=”Keep in mind…” style=”default”] There is not a tax deduction for health insurance premiums, but there is a tax credit available This tax credit is for people with moderate income who buy their insurance through the state marketplaces In most cases, people who have been offered insurance by their Read more…
[su_box title=”Keep in mind…” style=”default”] There are several different tiers of coverage, ranging from 60 percent to 90 percent The two most common types of health insurance plans in the United States are HMO plans and PPO plans They both have networks of health care providers that policyholders are supposed Read more…
[su_box title=”Keep in mind…” style=”default”] Rx has a special meaning in health insurance for prescription drugs insurance Rx is used often and so are the initials PD for prescription drugs Prescription drug insurance coverage is not required by Obamacare Prescription drug coverage is an optional protection in the Marketplace Prescription Read more…
[su_box title=”Keep in mind…” style=”default”] Most people are already on health insurance that qualifies under the Affordable Care Act Qualifying plans include any health insurance plan obtained through an employer, Medicare, and Medicaid Non-qualifying plans include vision, dental, discount plans, and plans that only cover one condition [/su_box] The Affordable Read more…
[su_box title=”Keep in mind…” style=”default”] Community rating requires insurance for all members of a community on the same terms Community rating deprives the insurance company of the ability to discriminate Community rating blocks the use of medical underwriting to determine price The Affordable Care Act requires adjusted community rating to Read more…
[su_box title=”Keep in mind…” style=”default”] The government has laid out the rules and laws that require everyone in the United States to have health insurance Anyone without insurance covers and does not fall into the category of the people with exemptions attracts a high penalty, which may be greater than Read more…
[su_box title=”Keep in mind…” style=”default”] The value of healthcare addresses things that people hold dear to their hearts like affordable healthcare, efficiency in service delivery, and customer service Heath insurance providers can make healthcare premiums affordable to many citizens only if the cost of healthcare is lowered or subsidized by Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance is a promise from the insurer to the insured, for the provision of consented health care services in the future should the need arise Your health insurance kicks in on the 1st of the month following your enrollment; that is if you enroll Read more…
[su_box title=”Keep in mind…” style=”default”] A healthcare claim is a detailed invoice for payment for a covered service. Healthcare claims can be for services, equipment, or fees. Healthcare claims include consumer requests for reimbursement. The technical nature of claims reflects the insurance dominance of the industry [/su_box] A healthcare claim Read more…
[su_box title=”Keep in mind…” style=”default”] Insurance companies make agreements for medical services to serve their clients A health insurance network consists of medical professionals that agree to low prices Insurance plans offers low prices when clients use their network’s services Health insurance out-of-network services cost more or may not be Read more…
