[su_box title=”Keep in mind…” style=”default”] A policyholder is the person named on the insurance policy contract Joint policyholders have both their names on the insurance policy contract Policyholders, when it comes to group health insurance, are sometimes employers [/su_box] When discussing insurance, one of the terms that is most frequently Read more…
[su_box title=”Keep in mind…” style=”default”] When you start a new job, the maximum waiting period before your health insurance starts is 90 days The application process for coverage through the Healthcare Exchange Marketplace should take you less than an hour Processing time on your application can vary After you receive Read more…
[su_box title=”Keep in mind…” style=”default”] Having two different health policies is referred to as dual coverage. If you are covered under two different plans at the same time, then you are said to have dual coverage Individuals who are covered under two different health insurance plans will have one policy Read more…
[su_box title=”Keep in mind…” style=”default”] Some real estate agents may work for large firms that provide employer-sponsored health insurance. Many agents are private contractors and have to seek health insurance on their own. Some professional organizations may offer health insurance options. Individuals can find health insurance through the Marketplace. [/su_box] Read more…
[su_box title=”Keep in mind…” style=”default”] Regular reimbursements for employees are usually not taxable Excess reimbursements are classified as income and are taxable Reimbursements made from HSAs are taxable Reimbursements are typically associated with employees on group plans Reimbursements for dependents and spouses aren’t taxable Some employers offer employees health reimbursement Read more…
[su_box title=”Keep in mind…” style=”default”] The policy sets terms for the health insurance coverage Health insurance makes health care costs more affordable Policies are often designed for individuals or groups of employees Health insurance policies cover treatment for illnesses and injuries Most payments are based on deductibles, co-payments, and premiums Read more…
[su_box title=”Keep in mind…” style=”default”] You can provide proof of health insurance when you file your federal tax returns There are three different IRS health insurance information forms Your employer or health insurance company should send these forms to you You are not required to send the IRS information confirming Read more…
[su_box title=”Keep in mind…” style=”default”] You typically pay your health insurance premium once a month However, you may have other health insurance payments to make in addition to your premiums, such as deductibles and copayments You usually pay your deductible and copayments at or after the time of your medical Read more…
[su_box title=”Keep in mind…” style=”default”] Children can stay on a parent or guardian’s policy until age 26 Children or dependents can get coverage through an employer-sponsored plan Every eligible person can buy health insurance during the Open Enrollment Period Loss of dependent coverage at age 26 or by job loss, Read more…
[su_box title=”Keep in mind…” style=”default”] Healthcare does not depend on income but many features use income to qualify applicants Eligibility to participate on the Obamacare Marketplace is based on annual family income Marketplace assistance programs are based on annual family income Premium tax credits are based on annual income Health Read more…
