Health insurance is a type of insurance coverage that pays for medical and surgical expenses incurred by the insured person.
Choosing a health plan can be difficult due to plan rules regarding in-network and out-of-network services, deductibles, co-payments, and more.
Since 2010, the Affordable Care Act has prohibited insurance companies from denying coverage to patients with pre-existing medical conditions and allows children to remain in their parents’ insurance plan until they are 26 years old.
Medicare and the Children’s Health Insurance Program (CHIP) are two public health insurance plans that target seniors and children, respectively. Medicare also serves people with certain disabilities.
The Consolidated Comprehensive Budget Reconciliation Act (COBRA) allows many employees to remain in their employers’ group health plans for a specified period of time after losing their job.
HIPAA affects policy, technology, and record keeping in healthcare facilities, health insurance companies, health insurance companies, and health care billing services.
A Health Savings Account (HSA) is a tax-advantage account that helps people save on medical expenses that are not covered by high deductible health insurance plans.
Long-term care insurance typically covers all or part of nursing facilities and home care for people aged 65 or older or with a chronic condition requiring ongoing care.
“This is private insurance available to anyone who can afford to pay for it.