[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…
[su_box title=”Keep in mind…” style=”default”] You Have Several Options if Your Health Insurance Lapses COBRA Coverage is Available for 60 Days After Leaving a Job Insurance Cancellation Due to Non-Payment of Policy Does Not Qualify you for Special Enrollment [/su_box] Health insurance can be very expensive. For some the cost Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance has an effective and end date Insurance is usually effective as soon as the first Premium is paid It’s important to know if Your health insurance comes with any waiting periods before scheduling any apointments [/su_box] So, you’ve bought health insurance; now when Read more…
[su_box title=”Keep in mind…” style=”default”] In 1847, the Massachusetts Health Insurance Company of Boston became the first company to ever offer insurance for illness In the 1870’s, industries that were considered more dangerous such as railroads and mining started to provide company doctors for employees that were paid for by Read more…
[su_box title=”Keep in mind…” style=”default”] The law states that you must have health insurance coverage or face a potential fine, also known as a fee or penalty The fine imposed by the government for 2016 and 2017 is a percentage of your household income or $695 for you and $347.50 Read more…
[su_box title=”Keep in mind…” style=”default”] If you have lost coverage due to a job change or job loss, you can apply for coverage under the Consolidated Omnibus Budget Reconciliation Act, also known as COBRA You can search the Health Insurance Marketplace, also known as the Health Insurance Exchange, and compare Read more…
[su_box title=”Keep in mind…” style=”default”] Medicaid is health insurance for the disabled, children, and low-income residents Medicaid participation depends on annual income Those that cannot afford Marketplace policies may qualify for Medicaid Medicaid coverage meets the requirements of the individual mandate [/su_box] Medicaid health coverage is comprehensive health care. It Read more…
[su_box title=”Keep in mind…” style=”default”] Copay is a policyholder payment Copays can apply both before and after passing the deductible threshold copays are usually small payments that reflect only a part of the costs Copays for network services count towards the policy limits Copays may prevent overuse of popular services Read more…
[su_box title=”Keep in mind…” style=”default”] A deductible is a cost or charge that a consumer must pay Deductible is one of the costs of insurance Consumer must pay deductible before insurance will pay benefits The Affordable Care Act put a limit on deductibles per year [/su_box] The costs of health Read more…
[su_box title=”Keep in mind…” style=”default”] With all of the recent legislative changes in health care requirements with the Affordable Care Act, you likely need to purchase health insurance to avoid paying a penalty when you file your taxes If you need to sign up for health care, you will need Read more…
