[su_box title=”Keep in mind…” style=”default”] Health insurance specialist is a well-qualified professional with a detailed knowledge of health insurance procedures They can manage medical coding procedures and check coding for accuracy Specialist post medical services charges and billings They can manage patient records in a number of settings [/su_box] Health Read more…
[su_box title=”Keep in mind…” style=”default”] A private health insurance rebate is a refund sent to you by your insurance company Under the Affordable Care Act, you may receive a rebate if your insurer does not meet the 80/20 rule The 80/20 rule requires your insurance company to spend at least Read more…
[su_box title=”Keep in mind…” style=”default”] A health insurance premium is an amount of money that you pay to your insurance company monthly This is not the only cost you have to pay for your health insurance You may also be responsible for copayments and out of pocket costs, as well Read more…
[su_box title=”Keep in mind…” style=”default”] Coinsurance is the consumer’s share of the costs of covered benefits Traditionally, coinsurance starts after customers reach their plan deductible Coinsurance counts towards the limit on out-of-pocket costs under Obamacare Coinsurance is lower among high premium policies than low premium plans [/su_box] Coinsurance is a Read more…
[su_box title=”Keep in mind…” style=”default”] A ”lifetime maximum” is the total amount that your insurance company will agree to pay out for medical services over the course of your lifetime The Affordable Care Act limited lifetime bans for certain essential health benefits There may still be lifetime maximums on dental Read more…
[su_box title=”Keep in mind…” style=”default”] Single -payer health care is also known as “Medicare for All” Tax increases, rather than premiums, deductibles, and co-payments fund a single-payer health care system A single-payer health care system covers every citizen of a country from birth to death Many countries enjoy the benefits Read more…
[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”] 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”] If you do not have insurance but you can afford it, you will be responsible for paying the individual mandate fine If you cannot afford health insurance, you have a number of options If the lowest cost plan on the marketplace or through your employer Read more…
