Key Terms To Consider When Weighing Health Care Plans

With so many different health insurance plans on the market, it can be difficult to know which one is right for you and your family. There are a lot of things to consider when making your decision, but understanding some key terms will help you make an informed choice. Here are four key terms to keep in mind when comparing health care plans. Co-Pay Your co-pay is a flat rate you pay for a covered medical service whenever you receive the service. [Read More]

Medigap Plans Can Be Confusing But Are A Necessity

If you rely on Medicare for your medical insurance coverage, you are probably aware of the fact that not everything is paid for under the plan. You will still need to pay a deductible on most hospital stays and a co-pay for doctor visits. Dental and vision coverage is not part of Medicare Part A or Part B either. This can be quite costly; especially when you are on a fixed income. [Read More]

Questions To Ask About Your Employer's Group Health Insurance Plan

Group health insurance is one of the most significant benefits that employers might offer employees. If you receive this benefit from an employer, educate yourself about what exactly the group health insurance plan includes by asking human resources these questions. What is the Employee's Premium Payment? Employers that offer a group health insurance plan may pay the plan's premium in full, but it's common for an employer to pass some of the premium onto employees. [Read More]