How to Read a Summary of Benefits and Coverage

How to Read a Summary of Benefits and Coverage

A Summary of Benefits and Coverage is an easy-to-read summary that lets you compare costs and coverage between health plans. You can compare options based on price, benefits, and other features that may be important to you. You’ll get the “Summary of Benefits and Coverage” (SBC) when you shop for…
Understanding Your Health Insurance Network

Understanding Your Health Insurance Network

A health insurance provider network is a group of healthcare providers that have contracted with a health insurance carrier (via an HMO, EPO, PPO, or POS plan) to provide care at a discount and accept the discounted price as payment in full. An example of a network provider is a…
How Has COVID 19 Affected Personal Insurance 1

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…
5 Myths About Private Health Insurance

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…
Benefits of High Deductible Insurance for Healthy People 1

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…
How to Offer Affordable Group Health Insurance

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…
Should You Buy Prescription Medicine Online

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…