How to Understand Your Coverage When You Are Expecting
Posted: January 25, 2023
If you are expecting a baby, you will naturally want to know what your health plan will cover. Under the Affordable Care Act of 2014, maternity coverage must be provided by all health plans offered to individuals, families, and small groups. Coverage is mandatory for pregnancy, labor, delivery, and newborn care. What Changed About Maternity Coverage with the Affordable Care Act? Before the Affordable Care...
What Happens if You Are Denied Life Insurance?
Posted: January 22, 2023
It can be discouraging, to say the least, when you are trying to protect your family by purchasing life insurance, and your application is rejected. If you have been denied life insurance, you are not alone. It happens to people every day. Keep in mind that you have options and do not give up. Why Are Some People Denied Life Insurance? Typically, life insurance companies...
How to Avoid Costly Claims from Winter Storms
Posted: January 16, 2023
Winter storms can do serious damage to your home. In 2021, storms during the winter months caused a record $15 billion in insured losses in the U.S., as reported by the Insurance Information Institute (III). Some of the costliest winter events by insured losses from 1950 to 2021 include: Polar vortex Freezes Blizzards Winter storms Winter damage Cold waves Ice storms Does Homeowners Insurance Cover...
Here are the Advantages to Having a Health Savings Account
Posted: January 13, 2023
Many employers today are offering high-deductible health insurance plans along with health savings accounts (HSAs). The downside is the high deductible – the amount you must pay out-of-pocket for covered medical expenses before your health plan kicks in. Nevertheless, HSAs have a number of benefits for employees. How Does a Health Savings Account Work? An HSA is a medical savings account that is only available...
