Wondering “What is a health insurance premium?” A health insurance premium is the fee you must pay for your health insurance policy. Premiums are typically paid monthly, quarterly, or yearly during your period of coverage. Understanding how the cost of your premium can affect the amount of coverage you receive will help you make an […]
Shopping for a health insurance plan can be overwhelming, especially if you aren’t familiar with some of the more common health insurance terms. These seven definitions will help you gain a better understanding of basic health insurance terminology. Premium A premium is the amount you or your employer pays periodically to an insurance company for them to […]
Life is about much more than nostalgic moments. While you may cherish those intimate times with family and big celebratory get-togethers, there are also the less talked about necessities, like paying bills and doing your tax returns. And, yes, shopping for life insurance. Getting Americans to adopt a life insurance plan is another story altogether. […]
If you’re a Medicare recipient or you’re considering a Medicare plan, you may be wondering how the new 2022 Medicare costs compare to the previous year. HealthMarkets can help break down the differences for you. Let’s take a look at what you can expect. Medicare Part B Costs When it comes to Medicare Part B, […]
Did you know that you don’t get prescription drug benefits automatically when you enroll in Original Medicare, which includes Part A hospital insurance and Part B medical insurance? If you want to get coverage for your medications, you can enroll in a Medicare Part D drug plan during the annual Medicare Part D Open Enrollment. […]
Everyone knows the old adage “An apple a day keeps the doctor away.” Getting preventive care is just like having that apple a day. When you get regular preventive care, like going to the doctor for check-ups, you help protect and maintain your good health and help avoid more serious conditions. What is preventive care? […]
Often confused, Medicare and Medicaid are actually quite different. Both are means for helping to pay medical bills, but that is where the similarities end. Check out this infographic to see how Medicare and Medicaid compare and contrast.