COBRA INSURANCE AND ITS BENEFITS

When an individual purchases a health insurance policy they believe that all of their essential medical needs will be covered by the insurance coverage. Here comes COBRA insurance that stands for Consolidated Omnibus Budget Reconciliation Act of 1985 that allows an employee to keep their insurance active even after the completion of their employment. All… Continue reading COBRA INSURANCE AND ITS BENEFITS

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How to avoid claim denials & improve reimbursements?

If your healthcare practice is like most, see the words “claim denied” fairly often; that not only leads to frustration and increased work but also reduced revenue for the practice over time. A study by AMA found that medical practices spend almost $15,000 on the phone calls, follow-ups, and claims appeals associated with reworking claims.… Continue reading How to avoid claim denials & improve reimbursements?

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WHY IS AUTHORIZATION REQUIRED?

Preauthorization, precertification or prior authorization are terms used interchangeably in the medical billing world. Some situations and procedures require authorization requests in advance from the insurer to be reimbursed fully for the services. Verification and authorization play a vital role in managing the revenue cycle, as most of the denials happen during this process. Preauthorization… Continue reading WHY IS AUTHORIZATION REQUIRED?

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BRIEF ABOUT THE INPATIENT AND OUTPATIENT SERVICES?

Most people understand the differences between inpatient treatment and outpatient treatment in the healthcare systems of the U.S. In general, healthcare services can broadly be divided into two aprons: inpatient care and outpatient care. Owing to the very essential components of the healthcare system, two aprons focus on different aims like medical conditions. According to… Continue reading BRIEF ABOUT THE INPATIENT AND OUTPATIENT SERVICES?

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WHAT IF YOU HAVE REACHED YOUR MAXIMUM BENEFIT LIMIT?

Have you ever been puzzled about what occurs when you hit the maximum limit for your insurance or different blessings? It’s an essential query with widespread economic implications. One of the critical aspects of any coverage plan is the maximum benefit limit—the cap set by means of coverage corporations on the amount they’ll pay for… Continue reading WHAT IF YOU HAVE REACHED YOUR MAXIMUM BENEFIT LIMIT?

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CAN YOU BUY PRIVATE HEALTH INSURANCE AT ANY TIME?

Healthcare costs and fees concept.Hand of smart doctor used a calculator for medical costs in modern hospital

Since the introduction of the Affordable Care Act (ACA) to provide medical coverage to uninsured citizens in the U.S., some common questions are being frequently asked by healthcare consumers. One such question is: “Can I buy private health insurance at any time?” However, before finding the answer to this question, healthcare consumers must finally understand… Continue reading CAN YOU BUY PRIVATE HEALTH INSURANCE AT ANY TIME?

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CAN I DROP MY EMPLOYER’S HEALTH INSURANCE AND GO ON MEDICARE?

Healthcare costs and fees concept.Hand of smart doctor used a calculator for medical costs in modern hospital

People looking for both private insurance and public insurance (Medicare) for the cost of their healthcare services can have it covered under TRICARE or COBRA on eligibility. How do private insurance and Medicare go hand in hand? Health insurance covers medical healthcare costs depending on the individual’s financial situation and healthcare needs. However, Medicare has… Continue reading CAN I DROP MY EMPLOYER’S HEALTH INSURANCE AND GO ON MEDICARE?

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WHEN CAN I APPLY FOR HEALTH INSURANCE 2021?

Healthcare costs and fees concept.Hand of smart doctor used a calculator for medical costs in modern hospital

The Affordable Care Act (ACA) of the United States provides people with a wide spectrum of health insurance options, such as dental, medical, vision, and so on, which are usually not available in the market. The primary goal of ACA is to provide affordable health insurance benefits to the maximum people in the US. If… Continue reading WHEN CAN I APPLY FOR HEALTH INSURANCE 2021?

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IS IT TOO LATE TO GET 2020 HEALTH INSURANCE?

Healthcare costs and fees concept.Hand of smart doctor used a calculator for medical costs in modern hospital

Millions of Americans are still looking for and purchasing health insurance outside the ACA’s yearly open enrollment period. So, if you are someone who hasn’t taken his/her 2020 health insurance yet, and thinking whether it’s too late to get one or not, this article is for you! How to get 2020 health insurance? You may… Continue reading IS IT TOO LATE TO GET 2020 HEALTH INSURANCE?

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HOW DO I GET INSURANCE OUTSIDE OF OPEN ENROLLMENT?

Healthcare costs and fees concept.Hand of smart doctor used a calculator for medical costs in modern hospital

Let’s talk about open enrollment and the way it could affect you. Well, open enrollment is the conventional window for acquiring medical health insurance. You can access insurance through numerous approaches in which you may be covered. This weblog will explore the numerous ways to obtain medical health insurance outside of the open enrollment length,… Continue reading HOW DO I GET INSURANCE OUTSIDE OF OPEN ENROLLMENT?

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