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  • Health Insurance

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    DIFFERENT TYPES OF HEALTH INSURANCE POLICIES

    Health insurance is a legal contract between two or more parties that promises certain performance in exchange for considerations. A health insurance policy is considered a unilateral contract. This...

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    DISABILITY INCOME INSURANCE

    When a person becomes disabled and unable to work, at some point their income will stop. It might be sooner or later, but unfortunately, life goes on and daily living expenses continue to mount. D...

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    FINDING THE BEST VALUE FOR YOUR NEEDS

    We mentioned early on that when it comes to health care, there is no “one size fits all.” Ideally, working for an employer who offers non-contributory health insurance is what most of us ...

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    GLOSSARY OF TERMS

    javascript:pfs('0','newpage','newpagetext')Coinsurance: The amount you are required to pay for medical care in a fee-for-service plan after you have met your deductible. The coinsurance rate is usuall...

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    GROUP HEALTH INSURANCE

    Most people have a general idea of the nature of ‘group’ coverage. The most common type of group coverage is provided via employment. Many employers provide group health coverage as a be...

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    HEALTH INSURANCE PROVIDERS

    In this chapter we will take a look at all the different “types” of insurers and how they are structured. The following are the different types of insurers: § Traditional Insurers § D...

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    INTRODUCTION

    If you want to spark a spirited debate at your next social gathering, just try bringing up the subject of health insurance. You will undoubtedly set off a firestorm of opinions. Years ago, acquiring...

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    MEDICAL INSURANCE - Part 1

    If you recall, we explained that there are two broad categories of health insurance policies: disability and medical expense. Thus far we have covered disability. Now we’ll take a look at basi...

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    MEDICAL INSURANCE - Part 2

    The primary distinction between supplemental and comprehensive major medical coverage is that supplemental plans distinguish between basic and major medical for reimbursement purposes. Comprehensive ...

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