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Health Insurance Guide

FAQ

Is health insurance considered a fringe benefit?

[su_box title=”Keep in mind…” style=”default”] Some forms of health coverage are considered to be fringe benefits and some are not Fringe benefits are benefits besides wages and salary that are considered to be income (and taxed as such) by the IRS To find out whether or not any of your Read more…

By Jessica Traversari, 8 yearsJune 8, 2017 ago
Health Insurance Guide

Medical Insurance When Traveling in Europe

[su_box title=”Keep in mind…” style=”default”] Your American health insurance plan probably doesn’t cover you if anything happens in Europe However, you can compare insurance quotes online and purchase a health insurance plan that will work in Europe When you are purchasing this plan, think carefully about your budget and the Read more…

By Jessica Traversari, 8 yearsJune 7, 2017 ago
FAQ

What does “out-of-pocket” mean in health care?

[su_box title=”Keep in mind…” style=”default”] Health insurance can be paid for by employers, the government, or individuals. It often involves some level of cost sharing between these parties Out-of-pocket costs are costs that individuals have to pay either when receiving health care services or on a periodic (e.g. monthly) basis. Read more…

By Jessica Traversari, 8 yearsMay 31, 2017 ago
FAQ

What does “voluntary health insurance” mean?

[su_box title=”Keep in mind…” style=”default”] Any health insurance policy that you sign up with and willingly pay premiums for is considered a voluntary health insurance plan Health insurance plans such as employer or organization sponsored group health, private, HSA’s, self-insurance and marketplace policies are considered voluntary, which means premiums will Read more…

By Jessica Traversari, 8 yearsMay 30, 2017 ago
FAQ

Why do colleges require students to have health insurance?

[su_box title=”Keep in mind…” style=”default”] Universities and colleges require insurance for your benefit The types of insurance you can obtain to comply with your college’s insurance procedure Not all colleges and universities require the same coverage [/su_box] The sole reason you are attending college is to further your education as Read more…

By Jessica Traversari, 8 yearsMay 30, 2017 ago
FAQ

What is HIP health insurance?

[su_box title=”Keep in mind…” style=”default”] HIP health plans are a type of HMO insurance mostly based in New York City Those who are covered by a HIP health insurance plan can be seen by a large network of HIP physicians, hospitals, and other medical providers The three types of HIP Read more…

By Jessica Traversari, 8 yearsMay 30, 2017 ago
FAQ

What health insurance does the military have?

[su_box title=”Keep in mind…” style=”default”] Members of all branches of the military are eligible for TRICARE The three types of TRICARE coverage are TRICARE Prime, TRICARE Extra, and TRICARE Standard Active duty military members are automatically enrolled in the TRICARE prime program If you are an army reserve member or Read more…

By Jessica Traversari, 8 yearsMay 22, 2017 ago
Cheap Health Insurance

What does “HMO” mean in healthcare?

[su_box title=”Keep in mind…” style=”default”] Health insurance providers decide the type of managed care for their plans. Health insurance providers must meet the requirements for qualified health insurance in the Affordable Care Act The law leaves it to private companies to design the plans they sell on the Obamacare Marketplace Read more…

By Jessica Traversari, 8 yearsMay 22, 2017 ago
FAQ

Why does Obamacare cost more money?

[su_box title=”Keep in mind…” style=”default”] Before the Affordable Care Act the public paid uninsured patients accounts The individual mandate requires every eligible resident to accept responsibility for his or her medical expenses Qualified health plans assured consumers that they would have adequate coverage in the event of a serious health Read more…

By Jessica Traversari, 8 yearsMay 11, 2017 ago
Health Insurance Guide

Health Insurance Companies Are Rip-Offs

[su_box title=”Keep in mind…” style=”default”] Health insurance companies must meet the requirements of the Affordable Care Act Insurance must provide essential health benefits and no cost prevention services The federal and state governments seek maximum value for their residents Health Insurance companies design health plans to make profits [/su_box] Health Read more…

By Jessica Traversari, 8 yearsMay 11, 2017 ago

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