by insurancebh | Mar 18, 2024 | Basics
Choosing the right health insurance plan is not easy. There are various factors to consider. You must compare costs, coverage, and other features. A firm understanding of the variables involved in health coverage will help you determine which plan is right for you....
by insurancebh | Feb 29, 2024 | Basics
Health insurance often saves people money in the long run. However, short-term expenses can make it difficult to afford. Individuals must consider things like premiums, co-pays, deductibles, and out-of-pocket expenses. You can make health insurance more affordable if...
by insurancebh | Feb 21, 2024 | Basics
Today, we are seeing a shift in the healthcare industry. Many people are moving away from traditional insurance plans. They are setting up cash pay systems with providers to save themselves from monthly fees. The biggest risk with this system is the possibility that...
by insurancebh | Jan 19, 2024 | Basics
Between 2016 and 2020, a staggering 26.6 percent of health insurance claims in the United States faced denials primarily due to registration and/or eligibility issues. Additionally, over 17 percent of claims were denied during this period due to missing or invalid...
by insurancebh | Jan 8, 2024 | Basics
Over the past decade, there has been a downward trend when it comes to life insurance ownership. In 2011, 63% of American owned life insurance, which reduced to 52% in 2023. However, a stark opposite trend can be seen in terms of health insurance. In 2022, nearly 304...
by insurancebh | Dec 18, 2023 | Basics
Health insurance, a critical aspect of financial well-being, can become a complex maze without proper guidance. Unanswered questions may lead to costly mistakes on your end, too. This may result not only in health-related, but financial loss as well. For example,...
