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?
Category: Blog
HOW DO I GET INSURANCE OUTSIDE OF OPEN ENROLLMENT?
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?
WHY IS THERE A 90 DAY WAITING PERIOD FOR HEALTH INSURANCE?
According to the new rule of the Affordable Care Act (ACA), any employee needs to wait for 90 days before getting covered under a group health plan. If not so, any employer exceeding the 90 calendar days can be fined up to $100 per day. In simple words, every employee receives an effective 90 calendar… Continue reading WHY IS THERE A 90 DAY WAITING PERIOD FOR HEALTH INSURANCE?
HOW LONG AFTER GETTING PRIVATE HEALTH INSURANCE CAN YOU USE IT?
Uncertainties are a part of life. Therefore to keep yourself well and prepared for unforeseen medical challenges, you need to invest in a health insurance plan for yourself and your family. In these days of the pandemic, medical costs can seriously hit your financial health. Therefore investing in medical policies can be your best investment… Continue reading HOW LONG AFTER GETTING PRIVATE HEALTH INSURANCE CAN YOU USE IT?
DO MEDICARE ADVANTAGE PLANS HAVE LIFETIME LIMITS?
Medicare is designed to provide health insurance coverage to people aged 65 or above. The national health insurance program of the US is divided into four parts – Part A – Hospital Insurance Part B – Medical Insurance Part C – Medicare Advantage Plan Part D Prescription Drug Coverage Healthcare providers across the country provide… Continue reading DO MEDICARE ADVANTAGE PLANS HAVE LIFETIME LIMITS?
WHAT IS A RISK SHARING ARRANGEMENT IN A MANAGED CARE CONTRACT?
When a managed care organization gets ready to share an employer’s financial risk in case of unfavorable claim experience, then this mutual contract between employer and managed care is known as a risk-sharing agreement. This agreement needs a managed care organization to either share the risk of unfavorable medical claim experience of an employer or… Continue reading WHAT IS A RISK SHARING ARRANGEMENT IN A MANAGED CARE CONTRACT?
WHAT IS A LIFETIME CAP ON HEALTH INSURANCE?
It refers to the maximum dollar amount your insurer will pay for healthcare benefits during your lifetime or the duration you are enrolled. That is applicable to non-essential healthcare services. However, the ACA now prohibits annual dollar limits for healthcare policies under essential services. Since dental and vision care in healthcare plans come under the… Continue reading WHAT IS A LIFETIME CAP ON HEALTH INSURANCE?
ARE MEDICARE ADVANTAGE PLANS WORTH THE RISK?
Medicare Advantage plans are a bundle of Medicare Part A, Part B, and sometimes Part D, which provides all-in-one private medical insurance coverage. Medicare Part C or Medicare Advantage is the perfect alternative to original Medicare. In the United States, it’s estimated that one out of three people, 65 or above, enroll in Medicare Advantage… Continue reading ARE MEDICARE ADVANTAGE PLANS WORTH THE RISK?
HOW DO I FIND MY MEDICARE FEE SCHEDULE?
The Medicare fee schedule is a list of all the payments that Medicare pays to doctors and other healthcare providers/suppliers. On a fee-for-service basis, this comprehensive listing of fee maximums is utilized to reimburse a physician and/or other providers. Medicare typically covers 80% of the cost of covered services that are mentioned in the fee… Continue reading HOW DO I FIND MY MEDICARE FEE SCHEDULE?
HOW LONG DOES IT TAKE FOR MEDICARE TO PAY A PROVIDER?
Medicare system will render health care services to older citizens of the United States. It serves persons above the age of 65 years; as well as younger people suffering from end-stage renal disease; and any citizen regardless of age who is entitled to Social Security disability income beneficiaries. Medicare has four different parts addressing various… Continue reading HOW LONG DOES IT TAKE FOR MEDICARE TO PAY A PROVIDER?
