Health insurance can be confusing, with many different plan types using terms that all sound similar. Two options you may come across are PPO and Choice Plus plans. Although they have some overlap, there are key differences between PPO and Choice Plus that impact costs, provider choice, and how you access care. This comprehensive guide … Read more
If you’ve shopped for health insurance or researched plans offered by your employer, you’ve likely come across the terms “rate” and “premium.” At first glance, these two words seem interchangeable. However, rates and premiums refer to distinct aspects of health insurance pricing. Understanding the difference between insurance rates and premiums enables you to make apples-to-apples … Read more
Underwriters and insurers are both integral roles within the insurance industry. But while they work closely together, these positions have distinct responsibilities when it comes to evaluating risk, pricing policies, and paying claims. This comprehensive guide examines underwriters and insurers in detail, including how they interact and their unique contributions to the insurance process. Keep … Read more
Adding a newborn baby to health insurance is an important task for new parents. Most insurance policies require you to enroll your baby within 30 days of birth to get them covered. But it’s easy to forget this crucial step during the haze and busyness of having a newborn. So what happens if you miss … Read more
When purchasing an insurance policy, you may come across various terminology used to describe the parties involved. Two common terms that are often used interchangeably are “policyholder” and “policy owner”. While they refer to the same role, there are some subtle differences between these terms that are good to understand. This article will explain in … Read more
Insurer concurrence refers to a situation where two or more insurance policies provide coverage for the same risk during the same time period. It is a common practice for policyholders to take out multiple policies to get additional protection beyond their primary coverage. However, having overlapping policies can lead to disputes over which insurer is … Read more
UnitedHealthcare Choice Plus is a type of preferred provider organization (PPO) health insurance plan offered by UnitedHealthcare, one of the largest health insurance providers in the United States. What is a PPO health insurance plan? A PPO plan is a type of health insurance plan that offers more flexibility in choosing healthcare providers compared to … Read more