The effective date is one of the most important dates on any insurance policy. It indicates the date that the policy’s coverage will start. Knowing your health insurance effective date can help you avoid costly surprises and ensure you have coverage when you need it most. When Coverage Starts The effective date is the first … Read more
TRICARE is the health care program for uniformed service members, retirees, and their families. Up until 2018, TRICARE was divided into three regions – North, South, and West. In 2018, the regions were consolidated into two – East and West. TRICARE East and West are managed by different contractors, cover different geographic areas, and have … Read more
High deductible health plans (HDHPs) paired with health savings accounts (HSAs) have become increasingly popular options for health insurance. HDHPs typically have lower monthly premiums than traditional plans, but higher deductibles you must pay out of pocket before coverage kicks in. HSAs offer unique tax benefits that allow you to set aside pre-tax or tax-deductible … Read more
Managed care refers to a system that integrates the financing and delivery of healthcare services to patients in order to control costs and improve quality. Managed care organizations (MCOs) contract with groups of providers to form networks that patients must use to receive coverage. There are many potential benefits of the managed care model: Cost … Read more
Fidelis Care is a health insurance company that offers both Medicare plans and Medicaid plans to residents of New York State. However, Fidelis Care is more well-known for its Medicaid plans. Overview of Fidelis Care Fidelis Care is a health insurance provider owned by Centene Corporation. Key facts about Fidelis Care include: Provides health insurance … Read more
Retirement income can affect your eligibility for Medi-Cal, California’s Medicaid program. However, not all retirement income is counted the same. Here is a detailed look at how different types of retirement income are treated when determining eligibility for various Medi-Cal programs. Overview of Medi-Cal Medi-Cal provides free or low-cost health coverage to low-income California residents. … Read more
300k CSL stands for $300,000 Combined Single Limit insurance. This refers to an auto insurance liability coverage that provides up to $300,000 total for any accident claim involving bodily injury and property damage. What is Liability Insurance? Liability insurance covers you if you are legally responsible for injury or damage suffered by another person. There … Read more
A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). HSAs allow you to set aside money on a pre-tax basis to pay for qualified medical expenses. Many people have questions about contributing to an HSA, especially whether … Read more
UnitedHealthcare offers a wide range of Medicare plans, including Medicare Advantage, Medicare Supplement, and Medicare Part D plans. A common question is whether you need to be an AARP member to enroll in UnitedHealthcare’s Medicare plans. The short answer is no, you do not need to be an AARP member to get Medicare coverage through … Read more
The rise of managed care in the U.S. healthcare system has transformed how physicians practice medicine. Managed care plans, which integrate healthcare financing and delivery to control costs, havebecome the dominant form of health insurance coverage over the past few decades. This rapid shift has had major implications for physicians’ clinical autonomy, patient relationships, workflow, … Read more