Author: philip
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What is the Best Way to Get the Facts About Private Health Insurance?
Searching the web to find out facts about private health insurance can be exhausting. Type in anything related to the topic, and you will be bombarded with ads, misinformation, and outdated news. When you do finally find some answers, you are never really sure that the information is accurate. When it comes to personal or…
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What is the Best Strategy for Getting Group Health Insurance?
Providing benefits for your employees is no easy feat. There are numerous options out there for group health insurance. Where do you start? Who are the providers in your state? Most importantly, how do you get the best coverage at rates that stay within your company’s budget? Below, we look at how to develop a…
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Can a Health Insurance Broker Help My Company Save Money?
If you are a business owner looking for group health insurance, using a health insurance broker can save you time and money. You can find the right plan that covers your insurance needs. Brokers can simplify the underwriting process and keep you updated on changes that maximize your coverage while reducing your healthcare costs. A…
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How Has COVID-19 Affected Personal Insurance
Whether you are a business owner, an employee with benefits, or an individual looking for personal insurance on your own, you’re probably wondering how the Coronavirus pandemic has affected your insurance premiums and coverage. The truth is, some people have seen little to no change in their policy, while others have experienced significant changes, including…
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5 Myths About Private Health Insurance
Private health insurance is an alternative to Obamacare or Affordable Care Act (ACA) health insurance plans. Since it’s not a mainstream form of health coverage, many people do not understand how private health insurance works or how to get it. As a result, there is a significant amount of misinformation about private companies and the…
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Benefits of High-Deductible Insurance for Healthy People
A high-deductible health insurance plan (HDHP) is an individual health insurance policy with a deductible of at least $1400 ($2800 for family health insurance). The deductible is how much you will pay out of pocket for medical service before your insurance company pays the rest. Essentially, you pay the first wave of expenses up to…
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How to Offer Affordable Group Health Insurance
If you operate a small business – i.e., 50 employees or less – you are not required to offer insurance to your employees. However, there are numerous benefits to providing group health insurance, including tax breaks and saving money on your individual health insurance. The challenge you may currently face is finding group insurance that…
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Should You Buy Prescription Medicine Online?
The Internet has transformed the medical industry, making more services and products more accessible to consumers. As with almost any other product, prescription medicines are available online. You can order virtually any brand and type of medication you need for your condition. However, with the convenience of online shopping also comes the risk of safety…
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5 Tips for Filing a Health Insurance Claim
A health insurance claim is a form that you fill out to request reimbursement or direct payments for medical treatment. Once you fill out the form, the insurance company processes the request, assesses your claim, and decides how much to pay out for services you received. Although the claims process is simple, multiple issues determine…
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What is a Deductible in Personal Insurance?
An insurance deductible is an amount you pay out of pocket before the insurance pays for your medical expenses. For instance, if you have a personal insurance plan with a deductible of $1,000, you must pay $1,000 before the insurance kicks in. The purpose of the deductible is to keep premiums low via cost-sharing and…
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What Are Short-Term Health Insurance Services?
Your health insurance needs are unique. As such, you may not require standard health insurance. Or you may be in a situation where you need a short-term policy until you can get settled into your job or home. If so, short-term health insurance services are available to provide coverage for your basic health insurance needs.…
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How to Save Money on Lab Tests
Exams and diagnostics are among some of the most common and expensive services in the healthcare industry today. How much you spend on a lab test depends on the test, but, on average, lab tests cost between $1500 and $3000. Something as simple as blood work can cost up to $2000. Fortunately, you have insurance…
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What Types of Preventive Care Does Health Insurance Cover?
The type of preventative care that health insurance covers depends on whether you have Affordable Care Act (ACA) coverage and the type of plan you are enrolled in. Under the ACA, health insurers must cover certain preventative health care services without requiring you to pay a deductible, coinsurance, or copayment. If you choose private health…
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Do I Have to Buy Insurance from the ACA Marketplace?
Regardless of your current situation, you may be able to take advantage of health insurance plans outside of the Affordable Care Act (ACA) Marketplace. These types of plans are available through private insurance companies or companies that offer private health insurance coverage in addition to ACA coverage. Once you go outside of the Marketplace, you…
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Best Health Insurance for College Students
Best Health Insurance for College Students Don’t be surprised if your child gets sick while in school. Increased social interaction, high stress, lack of sleep, and poor diet often contribute to various health problems ranging from the common flu to more serious lifestyle-related conditions. Naturally, your child will need some type of health insurance coverage…
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Does Health Insurance Cover Mental Health Issues
Does Health Insurance Cover Mental Health Issues? The emergence of COVID-19, the recent economic downturn, and the 2020 Election have contributed to a sharp rise in mental health issues over the last 12 months. Anxiety, depression, PTSD, eating disorders, addiction, and social disorders have skyrocketed. However, not everyone with a mental disorder has an individual…
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What to Consider When Getting Group Health Insurance
What to Consider When Getting Group Health Insurance As an employer, you can help your employees save money on health insurance costs while still getting quality coverage. Group health insurance plans provide lots of options for small businesses, giving you more flexibility with the type of benefits you offer. Knowing your options and what type…
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What is the Difference Between an Insurance Broker vs Insurance Agent
What is the Difference Between an Insurance Broker vs Insurance Agent? For many, the job titles health insurance agent and health insurance broker are interchangeable. Although both are professionals that work with health insurance companies, there are distinct differences in how they operate. True, both insurance brokers and insurance agents act as intermediaries between insurance…
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Can I Still Get Health Insurance If I Have a Pre-Existing Condition
Can I Still Get Health Insurance If I Have a Pre-Existing Condition? If you have a health condition such as diabetes, sleep apnea, COPD, or cancer before you get health insurance, you may have a pre-existing condition. This is a health condition that occurs before or during your health coverage request. They are also conditions…
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What Happens If I Miss the 2021 Open Enrollment
January 28,2021 What Happens If I Miss the 2021 Open Enrollment? Open enrollment for health insurance only lasts from November 1st through December 15th. That gives you 45 days to find a health insurance provider and the right plan for you, your family, or your employees. You also have an opportunity to adjust your plan…
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10 Ways a Healthy Lifestyle Can Reduce Your Healthcare Costs
January 19,2021 10 Ways a Healthy Lifestyle Can Reduce Your Healthcare Costs Living healthy is the best way to cut down on healthcare costs and keep your health insurance premiums as low as possible. Fortunately, health insurance companies are putting more emphasis on insurance plans that provide coverage for preventative care. However, prevention doesn’t start…
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How to Avoid Predatory Health Insurance Plans
How to Avoid Predatory Health Insurance Plans Even if you have never heard the term predatory health insurance, you may have been affected by it, nonetheless. What are predatory health insurance plans? They are plans that do not provide reasonable coverage for medical services and charge you the same or charge you too much (usually…
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Will COVID-19 Affect My Health Insurance?
January 08, 2021 Will COVID-19 Affect My Health Insurance? As thousands of people have been affected by COVID-19, many patients, doctors, and health insurance brokers are asking how the pandemic will affect medical costs, insurance coverage, and premiums. For individuals and small businesses, keeping up with premiums has been nearly impossible due to economic hardship…
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Can I Get Health Insurance If I Move to Another State?
December 23, 2020 Can I Get Health Insurance If I Move to Another State? When you move to another state, you cannot carry your current insurance into the state. Each state has unique regulations regarding health coverage, including regulations for keeping health insurance plans in-state. Fortunately, you can still get insurance when you move regardless…
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Child Health Insurance Coverage Basics
December 18, 2020 Child Health Insurance Coverage Basics From the time your child is born, they are vulnerable to injury and illness. Like adults, children need a health insurance plan that meets their needs at every growth stage. With open enrollment right around the corner, now is the time to add your child to your…
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How to Get Health Insurance After the Death of a Spouse
December 07, 2020 How to Get Health Insurance After the Death of a Spouse When a loved one passes away, you are left with a lot of difficult decisions to make. One of your primary concerns is getting a health insurance plan that matches the adjustments in your life. Fortunately, you do not have to…
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Health Insurance Terms Explained: Understanding Your Coverage
December 03, 2020 Health Insurance Terms Explained: Understanding Your Coverage The U.S. healthcare system is a complex network of doctors, developers, and health insurance companies. Countless stakeholders both feed into and draw from the system, making it difficult for any family or individual to navigate. New treatments and advances in technology can complicate the system…
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Enrollment for Health Insurance is Still Open. It is Not Too Late to Get Coverage
November 25, 2020 Enrollment for Health Insurance is Still Open. It is Not Too Late to Get Coverage Open enrollment is the designated time to buy health insurance for the 2021 calendar year from the health insurance marketplace. In most states, the 2021 open enrollment period is from Nov. 1, 2020 – Dec. 15, 2020.…
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What is Coinsurance?
November 19, 2020 What is Coinsurance? Depending on what type of health insurance plan you get, coinsurance will be included in the plan. What is coinsurance? It is the percentage of covered health service you will pay for out-of-pocket after you meet your deductible. When your deductible is met, you will pay the full negotiated…
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10 Essential Health Insurance Benefits
November 11, 2020 10 Essential Health Insurance Benefits When choosing a health insurance plan, your primary goal should be to find a policy covering your medical needs. While no insurance plan is going to hit the mark 100 percent of the time, it is possible to get the coverage that, at the very least, covers…
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Open Enrollment is Here. Do You Have Health Insurance?
November 9, 2020 Open Enrollment is Here. Do You Have Health Insurance? As of November 1st, open enrollment for individual & family health insurance is available to all Americans who qualify for health insurance. You can now enroll in or update a 2021 health insurance marketplace plan that meets your needs. Before you enroll in…
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Understanding the 4 Types of Health Insurance
October 28, 2020 Understanding the 4 Types of Health Insurance Although looking for the right health insurance plan can be a hassle, the good news is that you have options. There are different types of marketplace health insurance plans designed to meet the various needs of patients. Some plans offer flexibility when choosing your provider.…
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How to Choose the Right Health Insurance Plan
October 21, 2020 How to Choose the Right Health Insurance Plan Looking for health insurance can take a lot of time and effort. When you finally sign up for insurance, you’re not guaranteed that the plan will cover your health condition. However, with a little knowledge and the right strategy, you can get an individual…
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Benefits of Using a Health Insurance Broker
October 16, 2020 Benefits of Using a Health Insurance Broker Whether you are getting individual health insurance or a business owner looking for group health insurance, using a health insurance broker can save you time and money. You may also be able to find the right plan that covers your insurance needs. Brokers can simplify…
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5 Ways to Cut Family Health Insurance Costs
October 12, 2020 5 Ways to Cut Family Health Insurance Costs Health insurance today is more expensive than ever. A recent study revealed that the national cost of health insurance has increased by a trillion dollars since 1995. Families are paying higher premiums, deductibles, copays, and out-of-pocket expenses, most of which are related to restorative…