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Health Insurance Reform Terminology Defined

13. April 2010

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Talk of “health insurance reform” is everywhere these days, but all the terminology involved can be quite confusing. If you feel you need a bit of a lesson on the definitions of healthcare insurance reform terms, the following may help:
Fee for Service – this is how the doctors get paid. Each service the doctor provides [...]

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Tips to Determine the Insurance Needs of Your Business

15. March 2010

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As a business owner, the level of insurance coverage you obtain is completely up to you; you, of course, will want to be sure you are adequately protected, while not paying for insurance that has no relevance to your business.
Take into consideration the following when deciding on the best coverage for your unique business:
Size:
Often, businesses [...]

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Learning Health Insurance Terminology Can Help You Determine Which Plan is Right for You

23. February 2010

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INSURANCE TERMINOLOGY YOU NEED TO KNOW:
Premium: this is the amount you pay to the insurance company each month to keep your coverage.
Co-payment: widely termed “co-pay,” this is the specific amount of money you are required to pay to the provider when you receive services. Many plans require a co-pay for office visits and prescription medications.
Deductible: [...]

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Knowing Plan Terminology Can Be Helpful When Shopping for Health Insurance

22. February 2010

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When you shop for a new health insurance plan, you may feel a bit challenged by health insurance terminology. In order to shop smart, learn the differences between the top four kinds of individual and family plans available:
PPO
A PPO is an acronym for “Preferred Provider Organization.” These are the most popular in the Family and [...]

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