understanding your medical insurance policy

Posted on: 14 August 2015
New jobs can bring many changes and big adjustments. One of the many changes you'll go through is the switch from your old employer's healthcare insurance to your new employer's insurance. Depending on how big the company is, there could be many health care options. Knowing the difference between an EPO, HMO, and PPO could help you decide type of insurance is best for you. Preferred Provider Organizations (PPOs) PPOs have physicians inside a network, but don't require you to stay within the network.
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Posted on: 3 August 2015
Having health insurance means you're protected against most major health care costs, but insurance usually isn't perfect. Even Medicare, which offers very affordable coverage for the most part, has its gaps in the form of uncovered services. For non-Medicare health insurance, co-pays, co-insurance, and deductibles can make using the policy too pricey unless supplemental coverage is available. If you're worried about being able to pay for those items that your insurance won't cover, take a look at how supplemental insurance can make life a lot easier for you.
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Posted on: 15 June 2015
Medical care can be expensive, even with health insurance. There are things you can do to reduce the amount you pay on your medical care. Here are five strategies that can help you save more money, even with health insurance. 1. Stay In Network In-network doctors are contracted to charge a lower amount for their services. Using them can help you save money, since the insurance companies usually offer a lower copayment and will cover a higher percentage of the cost when you use in-network providers.
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Posted on: 17 April 2015
Now that taxes are done, many families have discovered that the Affordable Care Act has hit their wallets unexpectedly.  Whether it turned out that you had to repay a portion of premium subsidies or you paid a penalty for not having coverage, there are steps you can take now to avoid a bill again next spring.   Subsidy Repayment If you had to repay part of your subsidy payments, it was because you underestimated your income on the application.
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