Tag: health insurance financing
What happens after I meet my health insurance d...
“To sum it up…” A deductible is the amount of money you pay before your health insurance policy begins to pay for servi...
When is your payment due for Obamacare?
“To sum it up…” After you apply and enroll in a plan through the marketplace, you should pay your premium directly to y...
What is a VEBA medical plan?
“To sum it up…” VEBA stands for voluntary employee beneficiary association It is a type of health reimbursement arrange...
What is “actuarial value” for healthcare?
“To sum it up…” Actuarial value is a method for assessing the value of benefits in a health insurance plan Insurance pl...
What is a Flexible Spending Account for healthc...
“To sum it up…” A flexible spending account is an account that allows you to put money away tax-free to use for your ou...
How often do I pay health insurance premiums?
Key Takeaways: Health insurance premiums are typically paid each month. Premiums are paid directly to the insurance company. If you have ...
What is a single-payer healthcare system?
“To sum it up…” In a single payer healthcare system, one entity provides universal health coverage, as opposed to multi...
What happens if my health insurance is cancelled?
“To sum it up…” If your health insurance was canceled because of a change in employment status, you can either go on CO...
What are health insurance premiums?
“To sum it up…” Health care is expensive, so that’s why people have health insurance to pay for unexpected health...
Is health insurance taxable income?
“To sum it up…” Some health insurance premiums are tax deductible Premiums paid for Medicare may be deductible The amou...
What is a self-funded medical insurance plan?
“To sum it up…” There are two ways that a group plan or employer-based plan can be structured in two ways: either as a ...
