8 Health Insurance Terms You Need to Know Before Choosing a Plan
Posted: June 10, 2022
8 Health Insurance Terms You Need to Know Before Choosing a PlanWhen shopping for a health insurance plan, it is important to understand the language. Like any specialized subject, health insurance has its own terminology. Learning what the terms mean makes it possible to understand the costs and benefits of any given plan and how it compares to others. You need to know the following eight terms before choosing a health insurance plan. Deductible A deductible...
How to Get Health Insurance After Adopting a Child
Posted: May 25, 2022
How to Get Health Insurance After Adopting a ChildWelcoming a new member to your family is one of life’s most rewarding and fulfilling experiences. Whether you are adopting a new baby or an older child, adoption is treated as a “qualifying life event” that allows you to purchase health insurance. A qualifying life event triggers a special enrollment period that allows you to put health insurance in place for your new family member...
What is a Catastrophic Health Insurance Plan?
Posted: May 10, 2022
What is a Catastrophic Health Insurance Plan?Health insurance is a crucial way to protect your health and comes in many forms, one of which is called a “catastrophic health insurance plan.” These plans have a significant advantage – they are affordable and protect you in worst-case scenarios. These plans do not cover everything that many other health insurance plans cover, but for people who rarely visit a physician and are generally...
4 Types of Health Insurance and How to Choose One
Posted: April 25, 2022
4 Types of Health Insurance and How to Choose OneIf you need to buy health insurance, you can choose from four basic types of policies. These policies vary in monthly cost, benefits, and deductible. The Affordable Care Act The Affordable Care Act (ACA, or “Obamacare”) made it impossible for health insurance companies to deny you health insurance due to an existing condition. Whatever your current state of health, you have the right to purchase...
Common Reasons Disability Claims Are Denied
Posted: April 10, 2022
Common Reasons Disability Claims Are DeniedYou have disability insurance to protect your loved ones should you become disabled and can no longer earn a living. It is important that you understand the most common reasons disability claims are denied before purchasing a policy. You Filed for Benefits Too Late. Long-term disability insurance policies require that you file a claim within a specific time frame. Should you fail to file within...