What Does Health Insurance Cover After Pregnancy?
Posted: March 10, 2022
Your health insurance covers some of the medical costs during and after having your baby. Expectant mothers rely on their health insurance to cover outpatient services for prenatal visits with their doctor, screenings, medications, and inpatient care before and during the birth process. Health insurance policies vary in the options they provide, and you may need to find a doctor you like in the insurance...
3 Ways Life Insurance Can Help with Estate Planning
Posted: March 7, 2022
Estate planning is not just for those who plan to retire, or the elderly – this process is a crucial issue for anyone who wants to protect their assets and their loved ones. Life insurance is one of the most effective estate planning tools, no matter the size or value of your estate. You may be in the process of purchasing a home for your...
How Medicare Supplemental Insurance Saves You Money
Posted: March 6, 2022
Medical Supplemental Insurance, which is also called “Medigap insurance,” covers the coinsurance and copay costs that are paid out-of-pocket with Original Medicare. Original Medicare covers Medicare Part A and Part B (inpatient hospital costs and outpatient medical costs). While you are now covered for the medical and hospital care you need, you will pay a portion of the cost yourself, including copays, coinsurance, and deductibles....
What Is Captive Insurance and How Does It Work?
Posted: February 28, 2022
A captive insurance company is a subsidiary owned by a parent organization, established primarily to insure its owner. The captive insurer writes insurance policies for the parent organization and does not insure any other company. It provides risk mitigation for the parent company or a group of related companies. A captive insurance company may be formed: When a parent company is unable to find a...
How to Read a Summary of Benefits and Coverage
Posted: February 25, 2022
The Summary of Benefits and Coverage (SBC) was created under the Affordable Care Act. It was designed as a standardized tool to help you better understand what is covered by your health plan or to directly compare different health insurance plans. The following is a guide on how to read a Summary of Benefits and Coverage. General Plan Information At the top of the SBC...