Insurance

The short answer is no, Optum is not part of Humana. However, the two companies do have an important strategic partnership. In this article, we’ll take a deep dive into the relationship between Humana and Optum and how they are working together to shape the future of healthcare. Understanding Humana and Optum First, let’s provide … Read more

Understanding health insurance terminology can be confusing, especially when it comes to concepts like deductibles, copayments, and coinsurance. One term you may come across is “30% coinsurance after deductible.” What exactly does this mean and how does it impact your healthcare costs? In this comprehensive guide, we’ll explain what 30% coinsurance after deductible means, walk … Read more

If you’re shopping for car insurance, you may come across Safeco’s enhanced protection level. But what exactly does Safeco’s enhanced auto insurance cover and what makes it different from other options? In this comprehensive guide, we’ll explain what Safeco enhanced protection includes, key benefits and coverage add-ons, who it’s best suited for, and how it … Read more

If you work in healthcare, you’ve probably come across the names PHCS and MultiPlan when researching provider networks. But what exactly is the relationship between PHCS and MultiPlan? Are they the same thing or completely separate networks? In this comprehensive guide, we’ll explain what PHCS and MultiPlan are, their key differences, and how they fit … Read more

Federal Insurance Company has a long and storied history that is indeed intertwined with Chubb, one of the world’s leading property and casualty insurance companies. While they operate as separate entities today, their origins reveal an undeniable connection. The Beginnings of Federal Insurance Company Federal Insurance Company was founded in 1901 in Jersey City, New … Read more

If your spouse lands a new job, you may wonder if you can switch your health insurance to their new employer’s plan. The answer is usually yes – with some caveats around timing and enrollment periods. Switching health coverage can potentially save you money on premiums and out-of-pocket costs. But the rules vary for changing … Read more

Many companies offer basic life insurance coverage to their employees as part of their benefits package. This employer-sponsored life insurance is also referred to as group life insurance or “basic life EE.” But what exactly is basic life EE and how does it work? Below we’ll explore the key things employees should know about this … Read more

Dealing with insurance companies after an accident or injury can be frustrating. It’s not uncommon for insurance adjusters to delay, ignore, or deny claims. If an insurance company doesn’t respond to your claim or settlement demand, it can leave you wondering what to do next. When an insurer stalls or “stonewalls” a legitimate claim, there … Read more

The SRCC cancellation clause refers to the cancellation of Strikes, Riots and Civil Commotions (SRCC) coverage in marine cargo insurance policies. This clause allows insurers to cancel SRCC coverage by providing notice to the insured. What is SRCC Coverage? SRCC stands for Strikes, Riots and Civil Commotions. It is a type of coverage included in … Read more

When shopping for dental insurance, you’ll notice plans are categorized as either “low” or “high” option. But what exactly does this mean and how does it impact your coverage and costs? Here’s an in-depth look at the key differences between low and high dental plans. Dental Plan Categories Dental plans offered through the Health Insurance … Read more