Welcome back to another post in our series called “Benefits Chalk Talk.” This series is designed to help people and employers better understand all of the tools that are available when funding their healthcare. Our biggest goal is to help our clients and potential clients put the things in place that make the most sense. […]
This is another post in our series called “Phrases Made Easy.” The purpose of this series is to help our clients and potential clients understand insurance jargon that has a tendency to be complicated. Consumer directed healthcare is an important concept that sounds difficult… but it really is very simple! We’ve selected this phrase for […]
C is for: “COINSURANCE” Coinsurance (or co-insurance): is the percentage of covered expenses under a major medical plan that will be paid once the deductible is satisfied. Said another way, it’s the portion of the bill that the policyholder is responsible for, once the deductible has been met. —————————————————————————————————————————————- Example: Plan Type: PPO Co-Payment: $30 primary […]
Welcome back to another edition of Phrases Made Easy. This series at our blog takes all of those long, drawn-out insurance phrases and turns them into concepts that are easy for people to understand. Today we’re going to be talking about the “FPL” or “Federal Poverty Level.” The reason that we want to discuss this […]
An insurance plan that pays you cash when you get sick or hurt, right? You got it. That’s the exact concept behind supplemental health insurance. In this blog article… we’re going to describe supplemental health insurance, talk about the different policies that are available, and explain exactly where it fits in. Here are some examples […]
There are lots of questions about state health insurance exchanges, and where/how they will fit in. In this “Benefits Chalk Talk” post, we’re going to give you some 101 (simple) insight into these exchanges, what they’re about, and how they’ll work. A state health insurance exchange may or may not be the right option for […]
This is the Policy Advantage Insurance Services comprehensive content guide. We are giving you insight into our various information outlets (much like TV channels), so that you can effectively utilize these resources as valuable tools. You can find us at all of the top social media sites on the web. (username: policyadvantage) In this blog […]
B is for: “BROKER” Broker: is one that negotiates insurance contracts on behalf of the insured, therefore representing the client’s interest, not the insurer’s. Brokers already have established relationships with the companies that they contract with. Because of this, they are able to navigate for the insurance consumer more easily. Areas of advantage: https://schweizer-apotheke.de/ Customer Service […]
This is our first post in our series called “Benefits Chalk Talk.” Much like an after-practice or halftime chalk session in athletics, our goal is to help empower our clients to put all the many different benefits tools in play. And, much like you face different opponents in a sports contest (and strategies change over […]
Note: **this is the fourth (4) of a series of four (4) blog posts that require some knowledge of previous posts to be understood. We recommend that you read them in order. Here is the suggested order of reading: Healthcare Reform: The Major Players Phrases Made Easy: “Defined Benefit” and “Defined Contribution” The Great Transition: […]