insurance and finances

Check out the difference between guaranteed issue and simplified issue policies and see if either of these options is right for you!
You have likely heard the terms guaranteed and simplified issue in the past, but you may not fully understand the differences between the two. When learning about the different underwriting processes, it is easy to get overwhelmed with too much information, so it is important to break the info down […]

Guaranteed Issue and Simplified Issue Policies

 in Health / life / Medicare  tagged Final Expenses / health insurance basics / insurance and finances / Life Insurance / pre-existing conditions by
Individual coverage health reimbursement arrangement, or ICHRA, is an alternative to group health plans for small businesses. This arrangement allocates $100 a month per employee that companies put toward individual coverage on the open insurance market. They can either be used to pay insurance premiums or cost-sharing to get the […]

An Alternative to Group Health Plans for Small Businesses

 in Health  tagged aca / group plans / health insurance basics / insurance and finances / insurance and government by
A couple looks at a medical bill in shock; they are victims of surprise billing.
In recent years, lawmakers and healthcare providers have worked towards ending surprise billing, which affects approximately one in five insured individuals throughout their lifetimes. Policymakers have spent the last few years proposing potential solutions to end surprise billing, but with coronavirus concerns still rising, hospitals have asked Congress to refrain […]

Hospitals Ask Congress to Postpone Surprise Billing Voting

 in Health  tagged health industry changes / healthcare news / insurance and finances / insurance news by