[su_box title=”Keep in mind…” style=”default”] You typically pay your health insurance premium once a month However, you may have other health insurance payments to make in addition to your premiums, such as deductibles and copayments You usually pay your deductible and copayments at or after the time of your medical Read more…
[su_box title=”Keep in mind…” style=”default”] Children can stay on a parent or guardian’s policy until age 26 Children or dependents can get coverage through an employer-sponsored plan Every eligible person can buy health insurance during the Open Enrollment Period Loss of dependent coverage at age 26 or by job loss, Read more…
[su_box title=”Keep in mind…” style=”default”] Healthcare does not depend on income but many features use income to qualify applicants Eligibility to participate on the Obamacare Marketplace is based on annual family income Marketplace assistance programs are based on annual family income Premium tax credits are based on annual income Health Read more…
[su_box title=”Keep in mind…” style=”default”] Check whether you are eligible for Medicaid, CHIP or a subsidized insurance plan before self-paying for care Most primary care physicians accept cash for their services, often with a substantial discount Direct Primary Care offers health care to the uninsured for a recurring fee Urgent Read more…
[su_box title=”Keep in mind…” style=”default”] The IRS requires taxpayers to confirm their health insurance coverage for the tax year The IRS has a key role in health insurance through tax credits and deductions The IRS uses self-reporting along with systems information to confirm coverage The IRS uses premium tax credit Read more…
[su_box title=”Keep in mind…” style=”default”] Health insurance specialist is a well-qualified professional with a detailed knowledge of health insurance procedures They can manage medical coding procedures and check coding for accuracy Specialist post medical services charges and billings They can manage patient records in a number of settings [/su_box] Health Read more…
[su_box title=”Keep in mind…” style=”default”] A private health insurance rebate is a refund sent to you by your insurance company Under the Affordable Care Act, you may receive a rebate if your insurer does not meet the 80/20 rule The 80/20 rule requires your insurance company to spend at least Read more…
[su_box title=”Keep in mind…” style=”default”] Once deductibles and copayments have been met, the stop loss provision is activated This is a specific clause that is contained within any policy that has a deductible as a core component Once the stop loss provision is enacted, the insured will no longer pay Read more…
[su_box title=”Keep in mind…” style=”default”] A rider is any type of amendment to a health insurance policy They can add coverage or exclude coverage depending on a situation Since 2014, health insurance plans have not been able to include exclusionary riders in their policies [/su_box] There are a variety of Read more…
[su_box title=”Keep in mind…” style=”default”] The policy number is typically found on the front of your health insurance card Your policy number, also known as your ID number, is used as an identifier to determine the benefits and eligibility associated with your plan Your group number and other information is Read more…
