AHigh-Deductible Health Planis similar to a catastrophic plan in that it enables you to pay less for your health insurance. You have higher out-of-pocket costs when compared to other plans, but it can fall under the category of an HMO, PPO, EPO, or POS plan. You may want to use a...
Insurance is a card in your pocket, health care is a relationship with a doctor you know and trust. This is a recurrent mantra for doctors across the country who have broken away from fee-for-service, insurance-based health care. This simple phrase illustrates the idea that health insurance ...
many still lack any form of health insurance coverage.The passage of theAffordable Care Act (ACA)allows millions to choose a government-subsidized healthcare plan. However, many consumers are ineligible for subsidies, and many of those who qualify have chosen not to participate. ...
doi:10.1007/978-3-319-43796-5LieberthalRobert D.Springer International PublishingLIEBERTHAL, R. D. (2016): What Is Health Insurance (Good) For? An Examination of Who Gets It, Who Pays for It, and How to Improve It. New York: Springer....
and learn other key information. But to understand what is a covered benefit, having a live discussion with an insurance representative is the best course of action. As higher percentages of healthcare costs are pushed to insurance plan members, more of the "shopping" decisions should also be ...
Yet, paying for health and life insurance may be tricky when money is tight. That means you need to drop one of them. As mentioned, each insurance covers a different purpose. Therefore, it is crucial to learn their differences and benefits to know which to keep and which to cancel. Both...
A health insurance premium is the amount of money you pay per month for your health insurance plan. This fee is one of the primary costs associated with maintaining your health coverage and varies widely depending on the type of plan you choose, the level of coverage it offers, and personal...
Private health insurance:The Centers for Disease Control and Prevention (CDC) say that the U.S. healthcare system relies heavily on private health insurance. In the National Health Interview Survey, researchers found that65.4 percentof people under the age of 65 years in the U.S. have a type...
Individual plans, basically the only option for self-employed health insurance, have also come under fire for have high rates of rescission, which is when a person gets sick and the insurance company goes through their application with a fine-tooth comb looking for a reason to cancel it - li...
Health insurance is insurance against the risk of incurring medical expenses. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity. Sounds simple but choosing the right insurance po