You went to the doctor for a sinus headache and they kindly sent the bill to your insurance company. Later, you received an EOB in the mail. What is this document and what does it mean to you? An explanation of benefits (EOB) is a summary document intended to help you understand medic...
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...
In order to get the benefits of insurance, it is usually necessary to file a claim. A claim is a specific plan that must be followed. For example, someone who is involved in an automobile accident will usually be required to fill out a claim form from their insurance company. This docume...
Health insuranceis important to have, but it's not always easy to understand. You may have to take a few steps to make sure your insurance will pay for your health care bills. There are also a lot of keywords and phrases to keep straight in your head. Here's some basic info you nee...
IT teams have the same goals as you do: they want you to be able to do your best work in the most efficient, secure way possible. But there's another layer of complexity for insurance industry finance, accounting, and risk teams. Your IT team probably isn't an expert in insurance stat...
Lastly, lack of financial education and awareness can also pose challenges. Many individuals may not fully understand the benefits and importance of saving. Without the necessary knowledge and guidance, they may not know how to effectively allocate their savings or take advantage of investment opportun...
The benefits of having a life insurance policy are significant and multiple. In exchange for a monthly or annual payment to a life insurance provider, your beneficiaries receive a pre-determined sum of money after you die. The amount of money can range from tens of thousands of dollars to $...
To avoid financial surprises, it's important for you to clearly understand your vision insurance coverage and what your financial responsibilities are, including fees and copays. Choosing a vision insurance plan The best time to check your vision insurance benefits is before you sign on the bottom...
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....
Life insurance ridersare a way to get more benefits out of your policy. For example, some riders allow you to access a portion of the death benefit while you’re still living if you need it for health-related expenses. Others allow you to stop premium payments if you become disabled. ...