Most healthy people with health insurance are concerned that an accident could cause financial strain on the family. With companies raising insurance deductible each year there is a simple product you can buy to protect yourself and your family: an Accident Medical Expense (AME) Policy: AME Brochure True Story: My brother and I went bowling
(Read More…)
In many states there is now a coverage option for those who have been denied health insurance or had a portion of coverage excluded due to pre-existing conditions. Although there are no medical questions to qualify for this plan there are other requirements. Most Notable Requirements: Applicant must be without insurance for at least 6
(Read More…)
Here’s the scenario: You just had a heart attack. The doctor tells you that you’re very lucky to be alive and that you can’t work for 2 months. Your doctors and the hospital will get paid by your health insurance. Your life insurance isn’t paying because you’re alive. Who pays you to recover? Critical Illness
(Read More…)
Many are drawn to a High Deductible Major Medical (HDHP) plan for the lower premium. But did you know there is an alternative to high deductible major medical plans? Scheduled benefit plans will pay fixed benefit amounts for the same types of services as HDHP without a deductible. So if you’re in the camp that
(Read More…)
Since children cannot be denied on any new major medical health insurance application, carriers in most states have stopped offering coverage for children only, under 19. A parent is required to be on the policy with the child. As per the health care reform bill, children under 19yrs can no longer be denied coverage on
(Read More…)
Offering benefits to your employees has always been a successful way to attract high quality talent to your company. But many small business owners have trouble affording to bill. Now there’s a way small business owners can offer benefits to employees and it doesn’t cost the business owner anything.
Do you have a dentist that gives you a price break because you don’t have dental insurance? Many dentists don’t want to deal with insurance companies and offer cash discounts to their patients instead. In this case a Cash Dental plan could make sense. Theses plans can be used with ANY dentist since they pay
(Read More…)
Have questions about COBRA and what your options are? FAQ-DEC 2010 DOWNLOAD You can visit the DOL website or view the FAQ pdf above. If you have questions after reviewing that please leave a post here and we’ll post a response.
To answer this, let’s look at what a Dr. Office copay actually is: a flat rate that pays for an office visit and some treatment performed inside the doctor’s office. This often does not apply to lab work or x-rays. As always you’ll want to refer to your policy for clarification. Ask yourself: “How many
(Read More…)
Coinsurance is also known as ‘Rate of Payment’. This is the % that the insurance company will pay AFTER the deductible has been met. Health insurance policies can have different coinsurance percentages so be sure to read your policy docs and ask your agent if you’re unclear. Most common options are: 100%, 80%, and 50%.
(Read More…)
