Health insurance is a contract between a company and a consumer. The company agrees to pay all or some of the insured person's healthcare costs in return for payment of a monthly premium.1 The contract is usually a one-year agreement, during which you are responsible for paying specific ex...
2. UnitedHealthcare Insurance Company 3. Aetna Life Insurance Company Maine 1. Harvard Pilgrim Health Care: A non-profit, Harvard Pilgrim uses the energy spent by other plans to make money and focuses it on making sure all of its customers Down East are in the best of health, with a ful...
There is no right health insurance plan for everyone. “Choosing the right health insurance is highly subjective to the individual, based on their health care needs, risk tolerance, financial situation and how they consume health care,” said Ross Baker, benefits strategist with American Exchange....
In practice, people are put into classes—say, over age 55 with no accidents or moving violations in the case of auto insurance. Some people are uninsurable—risks are too high. For example, one who repeatedly wrecks cars while driving drunk will not be able to purchase insurance. The gove...
To bring prices down, …patients must have stronger incentives to consider price. …But as long as insurance minimizes the patient’s share of cost, the patient won’t bother price shopping. For price-transparency to have the most impact, it must increase visibility of the only price relevant...
Opening the insurance markets is also likely to result in higher Medicaid enrollment, since people who qualify for that program are automatically referred. Promise to build on "Obamacare" The special sign-up opportunity is only a down payment on health insurance for Mr. Biden, who has promised...
Healthcare insurance coverage programs for hospitals, hospices, senior and long-term care facilities, physician groups, juvenile detention centers and more.
health insurance, system for the financing of medical expenses by means of contributions or taxes paid into a common fund to pay for all or part ofhealthservices specified in an insurance policy or the law. The key elements common to most healthinsuranceplans are advance payment of premiums or...
Table 1. Insurance claims. Since a patient’s data are dispersed within these files, we could not use these raw data to predict the health care expenditure of patients. We used the data in these files to create a patient’s representation that we could use for the prediction of an indiv...
The regression results of the model suggested that NRCMS variables (including participation, supplementary medical insurance, and reimbursement methods) had no statistical significance on the labor time of non-farm self-employed farmers. Age and land ownership affected the labor time of non-farm self...