If you have health insurance, you might have heard about the Affordable Care Act (ACA), signed to become law in 2010. It aims to have more affordable health insurance coverage for the citizens of the United States. Medicaid eligibility is…
What Is A Qualified Health Plan? Types, Cost, And Comparison
Getting health insurance is an excellent investment, especially If you don’t want to be buried in a load of medical debt. However, there are many options in the market, so choosing the right one for you might be tricky. Today,…
Out-Of-Pocket Maximum: What You Need To Know In 2021
You might have heard about “out-of-pocket maximum” if you have health insurance. In general, an out-of-pocket maximum is a form of limit on the amount of money you need to pay in exchange for the covered health care services. These…
What Is Voluntary Accident Insurance?
Causes of accidents can vary from car accidents, falling objects, trips and falls, and bruises. Accidents in all forms can happen at any time. The expenses that come with accidents also increase over time and might become a burden for…
Socialized Medicine: What Is It And How It Works
Healthcare is expensive, especially for those who can’t afford it. Access to healthcare providers, facilities, and prescription drugs are just some of the existing health sector problems worldwide. However, some countries have found a way to address these problems. Various…
What You Should Know About Blockchain In Insurance In 2021
The insurance industry is an ever-growing business. However, because of its age-long existence, it faces many problems that not even modern solutions can solve. But, if you’re in the industry, you don’t have to worry anymore. Blockchain is here to…
Why A Medicare Advantage Plan Isn’t For You
Health insurance is a must, especially if you have loved ones who depend on you. If you don’t want to incur medical debt, it’s best to purchase a health insurance plan right away. There are many options available in the…
Health Insurance Penalty: A Guide Of What It Involves And How To Avoid It
One of the essential purchases you would have to pay in real life is insurance. Aside from home or car insurance, you would also need to invest in health insurance too. There may be times when we would not be…
How Insurance Companies Make Money? The Role Of Paid Premiums
Let’s say that I am an insurance agent, I offer you coverage of protection, but ever wondered how it benefits me and how I make money out of it? Insurance companies are around for a long time as early as…
Guide To Medical Insurance Deductible, Copays, and Coinsurance
Are you one of the millions of Americans who are thinking about getting their medical insurance this year? Finder found out that most Americans wrote down something about their health for their New Year’s Resolution list. Since Statistica reports that…