If your car insurance payment is late, you may be wondering how much time you have before your Allstate policy cancels. Most auto insurers offer policyholders a grace period to pay overdue premiums and avoid a lapse in coverage. But how long is Allstate’s grace period exactly? What steps can you take to ensure your … Read more
Moving to Canada as a US citizen is absolutely possible, but there are a few key things you need to know. As a US citizen, you have the privilege of entering Canada without a visa as a tourist for up to 6 months. However, if you want to live, work or study in Canada long-term, … Read more
Collecting patient copays and balances can be one of the most challenging aspects of running a successful medical practice. With rising deductibles and healthcare costs, patients are bearing more financial responsibility for their care. This makes efficient copay collection processes more important than ever. The good news is that with the right strategies, you can … Read more
Getting into multiple accidents in a short period of time can seriously jeopardize your car insurance coverage. Most insurers have limits on the number of claims they will accept over a set timeframe before dropping a policyholder. So can car insurance drop you after just 2 accidents? The short answer is yes – having 2 … Read more
Your health insurance card contains important information that identifies you as a member and provides details about your specific coverage. One of the most vital pieces of information on the card is your insurance ID number. This unique identifier allows healthcare providers to verify your policy details and bill your insurance plan for services. But … Read more
When you first enroll in Medicare and get your red, white, and blue Medicare card, you may notice it doesn’t contain a group number. That’s because Original Medicare is not a group health plan. However, if you have a Medicare Advantage, Part D prescription drug plan, or Medigap policy, you may have a group number … Read more
As you enter retirement, maintaining your assets and nest egg is a top priority. With the potential for needing long-term care services as you age, many wonder if long-term care insurance can help protect assets if care is needed. The short answer is yes – long-term care insurance is specifically designed to cover services that … Read more
A Medicare Set-Aside (MSA) account contains funds that are set aside specifically to pay for future medical expenses related to a work injury or illness. This separate account is meant to cover injury-related costs that would otherwise be covered by Medicare. But what happens if you receive MSA funds as part of a settlement and … Read more
Planning a trip outside of Illinois? As a Blue Cross Blue Shield of Illinois (BCBSIL) member, you can rest assured knowing your coverage goes with you wherever you travel within the United States. BCBSIL has you covered through the BlueCard® Program, giving you access to care across all 50 states. With BCBSIL and the BlueCard … Read more
The theory of insurance is a body of principles and models that help explain and guide insurance practices. It provides a conceptual framework for understanding key insurance concepts and mechanisms. By analyzing the behavior of insurers, policyholders, and other parties, theory can offer predictions, insights, and prescriptions related to insurance markets and coverage. Some of … Read more