[su_box title=”Keep in mind…” style=”default”] The open enrollment period is the official time period to buy, change, or switch health insurance After the open enrollment applicants need a special enrollment period Special enrollments require qualifying life events Pregnancy is not a federal qualifying event, some states differ [/su_box] The time Read more…
[su_box title=”Keep in mind…” style=”default”] Referrals play a key role in healthcare plans Plans use networks of medical care providers to deliver benefits and services for members Referrals give permission to use network resources Some plans use doctors to make referrals while others allow members to choose for themselves and Read more…
[su_box title=”Keep in mind…” style=”default”] A Section 125 cafeteria plan lets you pay medical bills in advance of having the money in your account The plan allows employers to provide a tax benefit to their employees The plan’s “use it or lose it” clause may cause it to not be Read more…
[su_box title=”Keep in mind…” style=”default”] Your need to understand grandfathered medical plans will be examined and explained The details of a grandfathered medical plan are laid out and thoroughly covered The relationship with grandfathered medical plans and the variety of other health insurance coverage is addressed A summary is laid Read more…
[su_box title=”Keep in mind…” style=”default”] For most of your eye care needs, you will need vision coverage in addition to your basic medical coverage Health insurance does not cover routine eye exams, lenses, or contacts for adults Health insurance will cover most major eye disorders such as glaucoma or diabetic Read more…
[su_box title=”Keep in mind…” style=”default”] Most health care cooperatives have failed since 2013 If the Affordable Care Act is repelled – there may be no co-ops Only a few health insurance cooperatives remain intact The Affordable Care Act created the health care co-ops [/su_box] What’s a health insurance cooperative? It’s Read more…
[su_box title=”Keep in mind…” style=”default”] A buy-up medical plan is an addition to your current insurance coverage. You will have the information to know whether investing in a buy-up medical plan is worth it during open enrollment Buy-up medical plans are not for everyone. However, it will be explained the Read more…
[su_box title=”Keep in mind…” style=”default”] United Medical Resources, also known as UMR, is an affiliate company of United Healthcare United Medical Resources is not a separate, stand-alone health insurance company It is a third party administrator that assists in administering plan benefits Companies that self-insure their employees often use third Read more…
[su_box title=”Keep in mind…” style=”default”] Federal law requires insurance to offer medical and behavior insurance coverage Copays, coinsurance, or deductible expenses are still applicable Coverage varies greatly from one carrier to another [/su_box] Although it wasn’t common practice in the past, many modern health insurance plans include some level of Read more…
[su_box title=”Keep in mind…” style=”default”] A consumer-directed health plan, known as a CDHP, allows you to use funds from a Health Savings Account or a Health Reimbursement Account to pay for routine medical expenses You must enroll in a High-Deductible Health Plan before you can enroll in a Health Savings Read more…
