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...
Metal levels for health insurance can be confusing. See everything you need to know about catastrophe health plans, and why this plan might work for you.
Discover what a Level Funded Health Plan is, its benefits and drawbacks, and its role in the health insurance sector. An ideal solution for many small businesses.
An HDHP is a health plan that has lower monthly fees than other types of plans. However, as the name suggests, you'll need to pay more before your insurance begins to pay. You'll be paying for the treatments you need until you meet your maximum out-of-pocket (OOP) costs. ...
The article reports that group health plans that will be effective upon signing the health care reform law on March 23, 2010 in the U.S. could earn grandfather status, wherein they only need to comply with some of the expansive group market reforms....
A health care plan is a type of healthcare insurance that contains specific details about the type of treatments that are covered...
Is a POS plan right for you? There are pros and cons to each type of health insurance plan. Your decision is going to have to come down to what is right for YOU and your financial and medical status. A POS may be right for you if you like flexibility, but don’t plan on branchin...
What is a High Deductible Health Plan? High deductible health plans are health insurance policies with low monthly premiums. The insurance company can keep these payments low because the policyholder pays more for doctor’s visits and procedures and must pay out of pocket up to the deductible. ...
If you have high-deductible health plan coverage, you'll pay a smaller premium amount each month, but you must also pay thousands of dollars out-of-pocket.
A legacy health plan is one introduced prior to the passage of the ACA in March 2010. Legacy health plans are exempt from certain requirements of the ACA and keep this status as long as terms do not substantially change. However, legacy health plans must follow certain consumer protection prov...