How to Understand Your Health Insurance Plandoi:urn:uuid:a44e869459de6410VgnVCM100000d7c1a8c0RCRDWhile they're often dense, reviewing your health insurance plan can avoid any unexpected charges and letting benefits go unused. Here's what you should know.Donna Fuscaldo...
Alternatives to Health Insurance Frequently Asked Questions (FAQs) Photo: The Balance / Britney Willson Health insurance protects your assets from the high cost of medical care. But how it works can be complicated if you don't understand health insurance basics like what a deductible is, when...
and while options are nice to have, they also require the employee to understand the differences between the program offerings. According to a 2017Liazon study, 83% of employees care a lot about their health coverage but only 52% understand...
Health insuranceis essential in today’s world, with medical costs skyrocketing every year. It’s important to understand how to file a claim to avoid being stuck with a hefty bill. However, not many people know the ins and outs of the process, leading to frustration and confusion. In this...
With that in mind, take some time to evaluate your existing policy and priorities. Talk with your human resources representative to understand more about your employee benefits options, discuss your eligibility, and find the best insurance plans for your needs. This article is intended to provide ...
Health insurance is a contract between you and a health insurer that requires your insurer to help pay your health care costs in exchange for a monthly premium. To navigate the world of health insurance, it’ll be helpful need to understand some of its complexities, such as the coverage ...
If you are currently employed, I suggest talking to someone in your HR department to understand how much you would have to pay usingCOBRA. This program enables you to continue your existing healthcare insurance from your employer for a limited time by paying the entire premium on your own, ...
Payers should also consider both members’ out-of-pocket expenditures and which products members select. Different populations of employees will choose different health plans for specific reasons. Employers will only be able to facilitate better health equity in benefits when they understand t...
When your insurer gives you the policy document, it's important to read through it carefully to make sure you understand it. Yourinsurance advisoris always there for you to help you with the tricky terms in the insurance forms, but you should also know for yourself what your contract says....
Term life insurance provides temporary coverage for a fixed period of time, typically between 10 and 30 years (some companies, likeProtective, offer terms up to 40 years). If you die while the policy is in effect, your beneficiaries receive a payout. If you outlive the policy’s expiration...