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What does coinsurance mean in health insurance?

Higginbotham

You’re reading your health insurance policy and come across a coinsurance clause. Here’s what you need to know about this common insurance term. This is called cost sharing, and it’s common in many types of insurance. Cost sharing helps insurance companies and policyholders achieve certain goals.

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Little-Known Things to Consider When Shopping for Group Health Insurance

Insperity

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans.

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Baby Health Insurance Playbook: 5 Steps to Plan for a Newborn

Corporate Synergies

A new father outlines requirements with his Baby Health Insurance Playbook. The same can be said for insuring a new dependent. To plan for newborn healthcare benefits, parents need a baby health insurance playbook. Patient financial responsibility is on the rise—average out-of-pocket costs rose 11% in 2017 alone.

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Little-Known Things to Consider When Shopping for Group Health Insurance

Insperity

If you’re shopping for group health insurance for your company the first or second time around, it can be hard to make a confident choice. Not to mention, the Affordable Care Act (ACA) has changed the group health insurance market considerably. The main oversight: Ruling out HSA-qualified plans.

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16+ types of employee benefits you should consider

Genesis HR Solutions

Medical Insurance. Medical insurance is likely a no-brainer— it’s one of four major types of benefits most employers offer. It covers things including hospital and doctor visits, surgeries, and prescriptions. Dental Insurance. Health Savings Account (HSA). Hospital Insurance. UHC.com ).

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My Life in Benefits Age 45: Mammogram Screening

Benefit Resource Inc.

Screening mammograms are free through almost every insurance plan. From ACA marketplace insurance, to private and group health insurance. Thankfully, she was able to pay through our Health Savings Account (HSA) with her benefits card. Most of us think that mammograms are free. What to do next.

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Budgeting and Prepping for Open Enrollment

InterWest Insurance Services

If you are running a business, you need to get an early start on preparations for your small group health plan open enrollment, particularly now as so much confusion abounds about the state of health insurance in the country. Going out of network is discouraged with high out-of-pocket costs.