If you have trouble understanding your health insurance, you’re not alone. We’ve untangled the key terms you're likely to come across when dealing with all things health insurance. Premium Your health plan provides coverage to help you pay for medical care and...
One of the most important considerations when choosing a health plan is your total costs for the year. By total costs, we mean how much you’ll pay in premiums (usually straight from your paycheck) and out-of-pocket costs for your care. Even though crunching the...
Open enrollment and the months leading up to it are often the busiest time of the year for benefits professionals. Along with finalizing benefit details, they’re busy gathering resources and supports that will help employees understand and choose the right benefits...
Open enrollment has arrived. It’s once-a-year opportunity for employees to consider changing health insurance plans—and sadly, it is historically underutilized. More than 90 percent of people choose the same health plan year after year, even though their health needs...
Did you know that many preventive drugs are covered by the Patient Protection and Affordable Care Act (ACA)? The ACA regulated the coverage of many preventive services to make sure they are available under all benefit plans—including private health insurance. In...
Do you know how to read your Summary of Benefits and Coverage document (or SBC)? This is a consumer facing document outlining the coverage provided by a health insurance plan. Devoid of legalese, this summary helps to clarify the cost-sharing structure of a plan...
535Choosing between the different types of health insurance plans is hard. The first thing to do is understand the basics. Get started with this easy overview of the different types of health insurance plans: High Deductible Health Plan (HDHP) An HDHP plan is defined...
Choosing the right health insurance plan is complicated. This blog breaks down the total costs of health insurance to empower you to choose the plan that works for you and your family. What is a deductible? A deductible is the amount you will pay, besides the monthly...
Choosing the right health insurance plan is complicated. This blog explains how to tell which services are covered under your health plan. Understanding health plan coverage basics can help you choose an optimal plan. Covered Vs. Non-Covered: Not all medical services...