When shopping for life insurance, you may come across the terms ‘par’ and ‘non-par’ to describe different policy types. But what do these abbreviations mean and what are the key differences between par and non-par insurance plans? Read on for an in-depth overview comparing participating (par) and non-participating (non-par) life insurance policies. What is a … Read more
If you require mobility assistance at home, you may wonder whether Medicare can cover both a walker and a wheelchair at the same time. Understanding Medicare’s rules for walkers, wheelchairs, and scooters as durable medical equipment can help clarify if simultaneous coverage is possible. Medicare Coverage for Walkers Medicare Part B covers walkers as a … Read more
Insurance policies provide financial protection and security to policyholders in case of unforeseen events or losses. However, under certain circumstances, a policy may be terminated or discontinued before reaching maturity. The two main ways this can happen are through lapse or surrender. While related, these are distinct processes with different implications for the policyholder. What … Read more
When it comes to health insurance and employee benefits, you may have heard of both UMR and UnitedHealthcare. But what exactly is the relationship between these two companies? Are UMR and UnitedHealthcare the same entity? Or are they completely separate organizations? This article will clarify the connection between UMR and UnitedHealthcare and explain how they … Read more
In the healthcare industry, the terms “payer” and “health plan” are often used interchangeably. However, there are some key differences between the two that are important to understand. This article will examine what payers and health plans are, how they differ, and why the distinction matters. What is a Healthcare Payer? A healthcare payer is … Read more
When you make an insurance claim for damage to your vehicle, you may wonder if it will show up later on the vehicle history report from Carfax. Specifically, many people have questions around comprehensive claims and whether they get reported to Carfax. This article provides an overview of how Carfax works, what comprehensive insurance is, … Read more
The American Postal Workers Union (APWU) Health Plan provides comprehensive health insurance benefits to postal workers and federal employees. While it was formerly part of the Cigna network, the APWU Health Plan now uses UnitedHealthcare as its nationwide provider network. Overview of APWU Health Plan Non-profit health insurance plan exclusively for postal employees and retirees. … Read more
American General and AIG are closely connected insurance companies, but they are not exactly the same entity. American General Life Insurance Company is a subsidiary of AIG, and many of American General’s key insurance brands are owned by AIG. However, American General operates as its own insurance company with its own products and services. The … Read more
Physician assistants (PAs) have some key considerations when it comes to choosing between a preferred provider organization (PPO) and a health maintenance organization (HMO) for their health insurance. As medical professionals themselves, PAs need to weigh factors like provider networks, referrals, claim processing, and out-of-pocket costs. PPO vs HMO: Key Differences Here is a quick … Read more
Cigna is a major health insurance provider that offers comprehensive medical, dental, and supplemental health insurance plans. When it comes to their coverage area, a common question is: does Cigna cover all 50 states? The short answer is: no, Cigna does not currently offer health insurance plans in every state. However, they do have a … Read more