As medical technologies and treatments improve, more people are surviving once-fatal forms of cancer, heart disease and other conditions. Many employers have responded to rising costs by increasing their employees’ share of costs. This can leave many employees with staggering healthcare expenses—even if they have medical benefits. Continue reading “Critical Illness Insurance: Filling the Benefits Gap”
Tag: Health Insurance
The ABCs of Insurance
Understanding what certain insurance-related terms mean will help you become a better insurance consumer. Continue reading “The ABCs of Insurance”
Health Insurance by the Numbers
The final cost of a medical insurance plan depends on more than just the premiums, even when you compare plans with similar benefits. Understanding the following definitions can help your employees understand the components that affect their medical coverage costs. Continue reading “Health Insurance by the Numbers”
How Voluntary Benefits Can Help Employers Mitigate the “Cadillac Tax”
The Affordable Care Act will impose a 40 percent non-deductible excise tax on so-called Cadillac health plans starting in 2018. You might be surprised to learn the Cadillac tax could affect your organization’s plan.
Section 9001 of the Patient Protection and Affordable Care Act (ACA) imposes a non-deductible excise tax on high-cost plans, Continue reading “How Voluntary Benefits Can Help Employers Mitigate the “Cadillac Tax””
How You Can Fill the Benefits Gap
In the past ten years, employers have faced skyrocketing costs for their employee health plans. If you have employer-sponsored health coverage, your share of costs has probably risen as a result. Continue reading “How You Can Fill the Benefits Gap”
When Life Interferes with Fun: Travel Insurance to the Rescue
When events interfere and make travel planned in advance difficult or impossible, travel insurance can protect your investment.
Families in the South who booked their summer vacations months in advance hardly expected that snow…of all things…might cause them to have to change their plans. Since unusually cold and snowy winter weather in many parts of the U.S. forced school districts to cancel classes, Continue reading “When Life Interferes with Fun: Travel Insurance to the Rescue”
Do You Need Travel Insurance?
Foreign travel checklist: Passport – check. Visa – check. Airline tickets – check. Hotel reservations – check. Health insurance coverage – ? Any foreign travel requires some planning. Since nothing can ruin a trip faster than an accident or unexpected illness, don’t forget to check how your health insurance coverage applies outside the U.S.! Continue reading “Do You Need Travel Insurance?”
E-Cigarettes and Your Health
Electronic cigarettes, or e-cigarettes, are growing in popularity. How will they affect your health…and your insurance coverages?
Tobacco vs. E-Cigarettes
Cigarette smoke contains more than 4,700 chemical compounds, Continue reading “E-Cigarettes and Your Health”
Thwarting Medical Identity Theft
Like financial identity theft, medical identity theft can leave you responsible for bills you did not incur. But unlike other types of identity theft, it can also affect your medical records, jeopardizing your health. It could even jeopardize your health insurance coverage.
Medical identity theft occurs when another person uses your identity or insurance information to Continue reading “Thwarting Medical Identity Theft”
Critical Illness Insurance Fills a Benefits Gap
Almost a third of cancer patients have healthcare costs totaling 10 percent or more of their family income, and roughly one in nine have costs that exceed 20 percent of family income. As a result, 11 percent Continue reading “Critical Illness Insurance Fills a Benefits Gap”