[su_box title=”Keep in mind…” style=”default”] PD means medicines or prescription drugs in medical terms Prescription drugs are a major part of medical care and health costs in the US Combined with other letters PD represents a prescription insurance option MA-PD describes Medicare Advantage plans that offer prescription coverage [/su_box] In Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance deductions are for the self-employed Employers, partners, and S-corporations may qualify for these deductions Net profits is one of the fundamental qualifications for these deductions Deductions for long-term care are also available The IRS provides instructions for performing all insurance deductions [/su_box] When Read more…
[su_box title=”Keep in mind…” style=”default”] Some forms of health coverage are considered to be fringe benefits and some are not Fringe benefits are benefits besides wages and salary that are considered to be income (and taxed as such) by the IRS To find out whether or not any of your Read more…
[su_box title=”Keep in mind…” style=”default”] TRICARE is a health insurance program for soldiers in the United States armed services and their families There are several different types of TRICARE plans Most TRICARE plans meet the minimum essential coverage guidelines outlined in the Affordable Care Act Some of the most common Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance can be paid for by employers, the government, or individuals. It often involves some level of cost sharing between these parties Out-of-pocket costs are costs that individuals have to pay either when receiving health care services or on a periodic (e.g. monthly) basis. Read more…
[su_box title=”Keep in mind…” style=”default”] Any health insurance policy that you sign up with and willingly pay premiums for is considered a voluntary health insurance plan Health insurance plans such as employer or organization sponsored group health, private, HSA’s, self-insurance and marketplace policies are considered voluntary, which means premiums will Read more…
[su_box title=”Keep in mind…” style=”default”] Universities and colleges require insurance for your benefit The types of insurance you can obtain to comply with your college’s insurance procedure Not all colleges and universities require the same coverage [/su_box] The sole reason you are attending college is to further your education as Read more…
[su_box title=”Keep in mind…” style=”default”] HIP health plans are a type of HMO insurance mostly based in New York City Those who are covered by a HIP health insurance plan can be seen by a large network of HIP physicians, hospitals, and other medical providers The three types of HIP Read more…
[su_box title=”Keep in mind…” style=”default”] Members of all branches of the military are eligible for TRICARE The three types of TRICARE coverage are TRICARE Prime, TRICARE Extra, and TRICARE Standard Active duty military members are automatically enrolled in the TRICARE prime program If you are an army reserve member or Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance providers decide the type of managed care for their plans. Health insurance providers must meet the requirements for qualified health insurance in the Affordable Care Act The law leaves it to private companies to design the plans they sell on the Obamacare Marketplace Read more…
