The Consolidated Omnibus Budget Reconciliation Act
(COBRA), a law created in 1986, gives workers (and members of their family) who lose their health
insurance benefits the right continue their group health insurance for a limited period of time under
circumstances such as voluntary or involuntary job loss, reduction in hours, transition between jobs, divorce, adoption and death.
Generally, the [...]
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If you are considering changing your health insurance policy, you should be aware of the alternative of a Health Savings Account (HCA).
Health Savings Accounts started to become available (and legal) in 2004, allowing people with high-deductible insurance policies to set aside tax-free money to fund medical expenses up to the maximum deductible amount.
If you don’t [...]
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The key to getting the most benefit from your health insurance policy is knowing your policy coverage.
Many people don’t actually read the policy for the policy plan book; they may not be aware that the policy may pay 100% of certain procedures, like annual physicals, mammograms, flu shots or certain labs tests.
The policy plan [...]
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