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 [...]
15. March 2010
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 [...]
23. February 2010
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: [...]
22. February 2010
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 [...]
13. April 2010
0 Comments