Whether or not you choose to trust it or not, over 50 million people in developed countries such as United States and the UK doesn't have health insurance! You can pick up your jaw off the ground now. People who do not have a health plan are losing out and adopting a significant amount of risk. There is no doubt that health coverage is important for both single individuals and people with families. Having this particular insurance plan is...more
State regulators are getting money to fight unreasonable Tennessee health insurance premium hikes. The U.S. Department of Health and Human Services (HHS) announced an Affordable Care Act grant in the amount of $3,979,002 to help the state in this battle. HHS Secretary Kathleen Sebelius released a report called Rate Review Works to show how previous grants have already mitigated health insurance premium hikes. When rate hikes are publicizing, the...more
As one approaches retirement, it is increasingly important to have some sort of protection from major medical bills. Did you know that while you are still employed, you may be eligible for a Health Reimbursement Arrangement?Health Reimbursement Arrangements, popularly known as HRAs, allow employers to legally reimburse their employees with tax-free money for qualified health care expenses and health insurance premiums. Depending on your employer, they may continue reimbursing you during your retirement years under the Retirement HRA. The Retirement HRA is allowed by the Internal Revenue Code under Section 213(d) which delineates the qualified expenses that can be reimbursed by an HRA Account.What Are The Qualifications To Participate In The Retirement HRA?You are qualified to participate in the Retirement Health Reimbursement Arrangement if you had a balance in your Additional Security Benefit (ASB) plan that converted to a Retirement HRA on July 1, 2005. You are also eligible to participate if you're a communication participant working for a participating employer. Your participation starts on the very first day your employer places funds in your HRA retirement benefit plan. How...more
When one hears mention of HIPAA, they generally journey back in their mind to their last visit to a physician's office or hospital. Along with all the rest of the necessary paperwork, the HIPAA form becomes just one more thing to sign and date, making it more of an annoyance than anything else. However, when it comes to health insurance and...more
When the USA suffered from a financial turmoil, many people abruptly found themselves out of work and without any health plan. If you made it through this situation and got a new occupation at this time, you are probably a very lucky person. This does not suggest, however, that you should contend yourself with thanking the stars for your good...more
The cost of medical treatment has increase greatly just of late. Do to this problem of expensive treatment many people are now looking for less expensive health insurance plans. Therefore most people are in for low cost medical insurance coverage. Because they are cheap they thus provide only limited facilities. More to that cheaper health plans involve the cost of doctors visit, medicines, hospital stay and other medical coverage altogether. At times certain health plans will exclude the expenses incurred at the doctors office and prices of prescriptions. Thus most important thing to do is to choose the best basic coverage policy and that which suits your private needs. Another way to do that is to save money on coverage by getting a family plan. It is preferable because it is less costly than buying individual health insurance.To receive low cost medical insurance plans, you may have to sacrifice a few things that you have always loved to do. This is because different companies give different quotes their insurance. The best place to compare your prices is the internet; no medium surpasses the internet when it comes to finding the best prices for insurance coverage. Compared to...more
Health Insurance For Less In 5 Easy Steps Benefit from you employer's insurance by living a healthy lifestyle,researching companies to choose the right plan for you and buying your prescriptions through the mail. Health insurance helps protect...more
Health insurance law under divided Congress Can Republican lawmakers repeal the law?Chances are slim to nil, at least through 2012. Although Republicans have regained control of the House, they will remain in the minority in the Senate. So...more
Reasons To Get Small Business Health Insurance In Michigan If you own a small business, you likely do as much as you can to reduce the amount of costs you incur each month. The small business health insurance Michigan provides may be...more
When it comes to health care, people can make things easier for themselves by learning about the choices available regarding insurance. Prior to purchasing a health insurance, customers need to gather relevant information about the options on the...more
Be aware of what the law allows for and requires when it comes to private health insurance. For most states, you can find this information online. When you are shopping for new private health insurance, find out what are the variations and exemptions...more
How To Keep The Family Healthy Over Christmas Christmas is often a time of over-indulgence and it's not uncommon for people to come back after the break carrying a little extra 'holiday weight'. Here are five ways to help your family stay...more