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…

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…

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…

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…

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…

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…

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…

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.…

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…

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…