Archive for the ‘Health Insurance’ Category

Where to Get Cheap Small Business Health Insurance in Indiana

October 23, 2015

According to the Indiana 2008 Legislative Agenda, -Access to affordable health care continues to be one of the biggest concerns for small businesses in Indiana. Of the 42 million people uninsured, more than 61 percent are either small-business owners or employees of small businesses.-

Legislators are considering a number of options to help ease the insurance burden. But until these or other money-saving options are enacted, small business owners still need to find inexpensive health insurance.

Lowering Your Costs

There are ways small business owners can reduce health insurance costs. For example, you could choose a PPO or HMO instead of a Fee for Service plan. While Fee for Service plans offer more choice and flexibility, they also cost more.

Another option is to consider a high deductible insurance plan coupled with a health savings account. You will have to pay out of pocket for all your medical costs until you reach the deductible. However, you can reimburse yourself – tax-free – with funds from the health savings account.

Get Quotes from Multiple Companies

No matter what kind of plan you decide to buy, the best way to get the best rates is to comparison shop. You can quickly and easily get quotes from multiple A-rated insurance companies by going to an insurance comparison website.

You just fill out and submit a simple online questionnaire and you’ll receive quotes from several small business health insurance companies.

On the best websites, you can also talk online with insurance experts, getting complete and accurate answers to all your insurance questions. (See link below.)

Where to Get the Best Rates

Visit or click on the following link to get Indiana health insurance quotes for small your business from top-rated companies and see how much you can save. You can get more tips and advice in their Articles section.

The authors, Brian Stevens and Stacey Schifferdecker, have spent 30 years in the insurance and finance industries, and have written a number of articles on small business health insurance in Indiana.

Health Insurance For Independent Contractors You Are Not Alone Dear

October 20, 2015

Health is said to be the most important possession one can ever have. People may have a lot of money or no money at all, but with a good health it becomes easier on your part to grab what you deserve. Do not believe me? Just have a look around. You will find numerous examples of highly paid officials who cannot sleep at night due to health problems, let alone mental health. On the other hand, just have a stroll in the national park. Penniless folks are enjoying long naps even without knowing what will happen after they get up. So I think that one instance is more than enough to make you understand the necessity of health insurance.
On the other hand, health insurance comes in a lot of categories. Different people have the need of different types of these insurances. Nevertheless, it often possesses a threat to those who are not full time employees or those who are newly in the list of entrepreneurs. Basically these people do not have any sort of full time employee benefits and it makes them go on without any insurance benefits. For this, sometimes they have to purchase their own insurance or simply they need to plan something for themselves.
Well it is not always true that they will be able to get what they need. Sometimes they fail to meet their expectation or companies providing Health Insurance for Independent Contractors do not show that much interest in making the right policy for them. In our case, we have kept a close look on the credibility and acceptability of our policies so that the independent contractors find it easy to adopt our benefits.
To be specific, our company has always been great in serving the customers. Our Health Insurance for Independent Contractors include insurance for medical treatment, retirement benefits, insurance for liability, insurance for disability because of accident, property insurance and what not. Selecting a proper plan is also important for new entrepreneurs as it has something to do with the reputation of the company and its future. For this, you can rely on us as we have a long and enriched history in this domain. Though these policies are generally more costly than the regular plans, we have a long term benefit plan for independent contractors. If you are starting the plan as an independent contractor and then if you want to move up to a full time position, you have the freedom of doing so by providing official papers and the approvals from the government.
So what are you waiting for? Simply step ahead a bit and reach our customer service points. We believe that you will find it very convenient on your part to choose the best option for you. In addition to that, we will provide you with the specific details of the products that you are interested in. So choose wisely and then go for it as you want.

Health Insurance Policies For People Over 50

October 3, 2015

People above the age of 50 find it pretty hard to find an affordable health insurance policy for them as at this tough age most of the people start developing health problems. Wisely speaking most of the health insurance companies speak statistically to evaluate how much they will have to spend on a person who is above 50 as compared to the young people. This is the reason for the health insurance premiums being much higher for older people.

Offering health insurance to people above 50 is a potential growth market for insurance companies

With the advancements in the health industry, there has been quite a good progress in terms of offerings of health insurance policies for people over the age of 50. This was mainly because the insurance companies found a potential growth market for the policies in the age group of 50-60 as many older people are in good health and have higher income than younger people and will be willing to pay high deductibles too.

Group health insurance can help get a cheaper premium rates

There are a lot of avenues that you can investigate if you are looking to retire and start a business of your own. Check out for options if the insurance company will give you the opportunity to purchase health insurance plans through the company plan. In that case you will get a group health insurance plan that will have cheaper premium rates as compared to the individual health insurance rates at this age.

Internet is the best source to find and compare health insurance policies offered by various companies for people over the age of 50. Spend some time to study and understand the premium rates and other terms and conditions framed by various professional organizations that offer health insurance plans to people over 50 or senior citizens at much affordable rates. You just need to do a bit of research to find out the best health insurance option for you to benefit more from your policy.

Understanding Health Insurance Claims And Policies

October 1, 2015

Health Insurance policy helps you in your medical crisis offering the benefit of cashless hospitalization and quality treatment If the process is duly followed it becomes easier to get claim settlement. However, many times there may be a situation when claim is denied due to non coverage of the disease under the policy and treatment not being covered by the policy. Such situations may leave you badly frustrated. So, it is always better to gather knowledge of how health insurance claims are processed, how and why are they accepted and rejected and what are the different types of health insurance claims.

Types of Health Insurance Claims

Basically there are three types of health insurance claims:
Cashless Claims
Reimbursement Claims
Pre and post hospitalization claims

a. Cashless claims: As the name suggests, cashless claims mean where the claim is settled without you paying any cash to the hospitals to avail treatment. This happens if the hospital where you are undergoing treatment is a network hospital and you have aptly followed all the procedures to avail cashless treatment.

b. Reimbursement Claims: In this type of health insurance claim the hospital bill needs to be settled by the insured as most probably the hospital in which you are availing treatment is not on the network of the insurance company. Once you settle the bills with the hospital you need to submit the documents as required by your insurance provider and file a reimbursement claim. If all the documents are duly submitted then the money spent up to your coverage extent on the treatment is reimbursed.

c. Pre and post hospitalization claims: Most of the health insurance policies provide coverage to pre-hospitalization expenses for 30 days and post hospitalization expenses for 60 days. You need to submit the original bills to claim the expenses.

Under what circumstances my claims can be rejected?
Most of the time, the claims are rejected because of improper communication between the insured and the insurance company. Always pay heed to the following before filing a claim for availed treatment:

Does my policy cover the treatment for the disease diagnosed?
Do I need to get prior approval before getting hospitalized?
Have I submitted all the required documents and prescriptions as mentioned in the policy document?
Have I timely submitted the documents or not?

What if my claim is genuine but still being rejected by the insurance provider?
You can always take a legal route if you think that your claim is wrongly rejected.

Health Insurance Why Is It Important For Your Future

September 16, 2015

A visit to the hospital or your doctors clinic is enough to tell you how expensive health care can get sans health insurance. The visiting charges or doctors fee surpasses your budget sometimes and leaves you with very little to buy the actual medicines if you dont have health insurance. And if you were involved in an unforeseen accident, without health insurance, the cost of the hospital stay, pre-medication and post-medication care, the surgery, etc. will cost you a bomb. In fact, abroad, if you do not have proper health insurance doctors dont even make an appointment with you. That is why health insurance cannot be ignored or taken casually by anybody.

Life is very unpredictable and rather than worrying about what youll do when things might go wrong, it is better to be prepared with the right health insurance. Why spend all your life savings in one go during an emergency if you can plan it correctly and get covered for the major expenses of your medical condition? What happens is that as long as something untoward doesnt happen to you, one doesnt think about getting health insurance – it isnt priority at that particular time. But when has an accident ever come to you with a warning? Health insurance, thus, is a way of safeguarding your future from circumstances like these, where all your life savings are spent on taking care of yourself or your family member. A health insurance policy for your family is what is essential to take care of them any given point of time. After all, a stitch in time saves nine.

With health insurance youll be able to live a happy, tension-free and healthy life. Health insurance also assures you that you get a healthcare treatment that you deserve and require as an individual without worrying about how much youre spending and whether you can afford it. Your family will feel safer and more secure once every member is covered in a health insurance plan that helps you live without fear. To know which is the best health insurance plan for you and what are the things covered in the plan along with the duration of paying for your health insurance policy, you must research thoroughly online as well as take advice from your friends and family. Speaking to experts also ensures that you have no doubts or regrets in the future and live a safe, worry free life.

Importance Of Cashless Hospital List In Health Insurance Policies

August 22, 2015

Cashless hospitalization is one of the major reasons the health insurance policies are becoming popular. Cashless hospitalization saves the insured from making last minute financial arrangements when going for treatment at the hospitals. With inflation on the rise, availing treatment in good hospital can be very dearing for the pocket. Hence, the majority of health care policies provide cashless hospital list wherein the insured can get the required cashless treatment facility.

What is cashless hospital list?

Cashless hospital list provides the list of hospitals which are on network of your health insurance company that facilitates the treatment without you paying any cost of treatment up to your coverage limit. The bill is directly settled by the insurer with your health care provider.

When you purchase a health insurance policy you receive health care card, policy document and a booklet containing cashless hospital list. Before buying a policy check if the preferred hospitals in your locality are on cashless hospital list of your service provider because in case of emergency hospitalization proximity does matter. Generally the service provider has tie up with all the good hospitals of every locality keeping in mind the customer benefit.

Is there any tax benefit on cashless policies?

Health insurance policies also act as a wise tax saving investment option. Premium paid towards health insurance policies is subject to tax rebate under Section 80 D of the Income Tax Act. This tax benefit is applicable to individuals and members of Hindu Undivided Family.

Mentioned below is tax benefit that you can enjoy:

The premium paid upto Rs 15000 p.a for self, spouse or your children
The premium paid towards parents health insurance upto Rs 15000 p.a. if they are less than 60 yrs old. This rebate is in addition to the premium you have paid for yourself, spouse and children
The premium paid towards parents health insurance upto Rs 20000 p.a. if they are more than 60 yrs old

To sum up you can avail maximum rebate of Rs 35000 on the premium paid covering your immediate family and your parents. Thus, health insurance policies is a good tax investment source too wherein the health of your loved ones is also secure and you enjoy tax benefit too.

Two important aspects to remember when considering heath insurance as Tax Saving Investment

Most of the people are oblivious of the fact that they can enjoy tax rebate if they pay premium for their parent’s health insurance policy. Hence, gift your parents health insurance and take mutual benefit.

Remember, if you have corporate health insurance policy through your company then the premium paid towards it is not going to fetch you any tax rebate as the policy is issued on the name of your company as it is paying premium on your behalf. So buy health insurance policies offering cashless hospitalization and get the advantage of tax savings.

Avail Your European Health Insurance Card Today!!!

August 21, 2015

As they say Health is Wealth, thus it is always preferable to insure your health for uncertainties. Today when life is uncertain and you just dont know what will happen to you the very next minute, insuring your life and health is completely advisable. For those who reside in UK and are frequent travelers to European countries, The European Health Insurance Card UK (EHIC) is a must have item. This card allows you to receive either free or discounted health care in countries which are listed under the European Union. In short this card will avail you the same treatment as a local resident of the country you are planning to visit during your vacations. This card is a substitute for E111 Form since January 2006.

Do keep in mind that there are certain rules for you to adhere by before you apply for your EHIC Card. To know everything about it you can visit the government website and read the frequently asked questions.

Who can avail the benefits of EHIC?
Residents of following given countries can apply for an EHIC card and enjoy the benefits:

Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Republic of Ireland, Italy, Latvia, Leichtenstein, Lithuania, Luxemburg, Malta, The Netherlands, Norway, Poland Portugal, Romania, Slovenia, Slovakia, Switzerland, Spain, Sweden and the UK.

Applying for an EHIC
-Now you can apply for your EHIC card online, without any hurdles and delay.
-For those who want to renew their card, can do so six months prior the expiry date.
-Once availed, it is valid for five years.
-Please keep in mind that your EHIC is not an alternative to travel insurance.
-It does not cover lost or stolen property, nor does it helps you with flight related problem. For all this you need travel insurance.
-An EHIC covers only state-provided emergency treatment.
-Yes, most of the accidents are covered under EHIC but you are not permitted to go to abroad to use the card to specifically receive the medical treatment.

Though one can get his EHIC card from post office for free, but many online websites these days promise you to provide with extra benefits if an EHIC is applied with them. These companies will charge you with some fees for providing add- on services. So if you are planning to explore Europe during your next vacations make sure to apply for your EHIC, to make your visit tension free and secure.

Bad Health Insurance Claim

July 24, 2015

Bad faith insurance is any matter concerning an insurance claim by an insured individual that is wrongfully denied by the insurance company. An insurance policy is considered a contract between you and your insurance carrier. This contract requires that your insurance company acts in good faith toward you. When an insurance company unfairly denies the benefits of the policy from its insured policy holders, it is considered to be in bad faith.

There are numerous examples of how an insurance company can commit bad faith, they include: failing to promptly and methodically examine a claim; unjustly delaying payment; unreasonably refusing benefits to a claim; using unreasonable interpretations in translating policy language; and refusing to settle the case or refund you for the entirety of your loss. Insurance Bad faith constitutes not only breach of your insurance policy contract with your policy holder but also includes injuries personally sustained outside of the insurance contract.

If such a violation exceeds that of being unreasonable and is established to be false, misleading or fraudulent, a judgment can be attained and punitive damages honored exceeding damages for the loss under the policy as punishment for bad faith.

Bad faith insurance practices are also found in the HMOs & Managed Care Organizations; Homeowners Insurance and Disability Insurance arenas.

If your insurance company has denied your claim, please fill out the form at the right for a free case evaluation by a qualified insurance claim denial attorney.

Lawsuits can be brought against health insurers for acts that are believed to not be in the best interest of consumers or actions that are believed to violate public policy such as denying a claim. Insurers can act in bad faith by failing to fulfill the obligations of a health insurer. This can include not properly examining a claim, not promptly making payments for valid claims and unfairly interpreting a health insurance policy to avoid paying a claim.

Frank N Darras is one of the leading lawyers in America; if you have got any Insurance Claim Advice come to us as we protect policy holders, athletes, seniors, individual, large corporations.

Understanding Short Term Health Insurance Options

June 19, 2015

Having short-term health insurance means absolutely nothing if you do not understand what it is that you exactly have. There are tons of different types of health insurance that you can buy and sometimes you have no idea what exactly it is that they cover. You might be surprised by how little they cover, especially when it comes to travelers insurance, or the cost of COBRA insurance, which is a necessary evil you need if you lose your job unexpectedly.

COBRA is designed for those who have become unemployed without being prepared and gives you the kind of health insurance that you will need while looking for your next job, hopefully one that will provide you with the kind of health insurance that you need. COBRA can be extremely expensive even though it provides you with the same benefits that you had with the insurance that you had while you were working, but since your former employer won’t be paying anything, that cost goes to you and will take huge chunks out of your bank account

Temporary health insurance is another option for those who have become unemployed or who find themselves caught in a wait period before their new health insurance policy kicks in. Since these plans can be purchased for the short term they remain a low cost alternative but one that often only covers emergencies and serious illnesses and does not usually cover routine care.

Travelers insurance is usually something that people overlook, but it can be important. The thing is, travelers insurance typically covers only some countries. If you are traveling abroad, make sure you check with the insurance company you are dealing with to make sure it covers that country because you would be surprised how often your traveler’s insurance policy means absolutely nothing in certain countries.

The best thing to do is to simply call your insurance agent for answers. Most companies will tout their policies but you won’t know what is the best policy for you unless you can talk to someone who you can trust and has the answers.

Having self employed health insurance is a big deal for loads of people.Searching online the best health insurance in texas can be a great money saver.