6 Benefits of Using a Health Insurance Broker
Navigating through health insurance options is like navigating through the dense tropical jungles of Brazil. Well, maybe trying to find the ideal health insurance plan is not as dangerous as coming face to face with an anaconda. But it is still a highly frustrating...
Large-Scale Drivers Behind Health Insurance Premium Prices
Despite simply referring to the cost you pay each month, premiums are the part of your healthcare spending where much of the math is already done for you. In turn, this is why there are constant complaints over the cost of healthcare often refer to the premium rather...
How Is Your Health Insurance Premium Spent?
If you’re looking at health insurance, you’re going to have a bunch of terms to understand and decisions to make. Should you choose an HMO or PPO? What’s the difference between a small-network PPO and large network PPO? If you’re on the marketplaces, what does a...
Should You Change Coverage During the Special Enrollment Period?
Last month, the House and Senate came together to pass the American Rescue Plan Act, a $1.9 trillion stimulus bill that was signed into law by President Biden days later. Featuring a wide range of spending initiatives ranging from the direct payments to Americans...
New Stimulus Bill Increases Premium Tax Credits for Middle Class
Are you ready for one of—if not the biggest change to the 2010 healthcare law since its passage? Set to increase subsidies for nearly every single person who has secured insurance on the individual market, the change comes as part of the latest COVID-related stimulus...
New Special Enrollment Period Announced for 2021
Whether you missed Open Enrollment, ignored it, or are feeling that the plan you picked during Open Enrollment 2021 isn’t working for you, you’re in luck. A new Special Enrollment Period just opened for everyone, allowing those left uninsured or underinsured the...
50 States, 50 Rulesets: How Essential Health Benefits Differ State to State
Health insurance is complicated. Whether it’s finding a doctor included in your network, understanding what everything costs, or finding out what’s covered, making sense of your coverage is known to cause a few headaches—just trying to make sense of the basics such as...
Health Insurance Basics: What Is a Drug Formulary?
Searching for health insurance is complex. During the time spent seeking out a health plan that’s right for you, you’re going to need to figure out if the health plan meets your preferred balance between monthly cost and out of pocket, provides access to the doctors...
Health Insurance Basics: Maximum Out of Pocket Expenses
The year has begun, insurance secured on the exchanges has started, and for those with calendar-year (marketplace) plans, the clock has reset on deductibles and out-of-pocket maximums. But what is an out-of-pocket maximum and how does your limit affect your healthcare...
Provision in Stimulus Bill Set to End Surprise Health Insurance Billing
Americans may have not gotten a $2,000 check in the latest COVID relief package, but they may have gotten something better—an end to surprise medical billing. A practice lamented for its lack of transparency, hospitals and providers will need to end the practice of...