Health Insurance

Health insurance covers the cost of hospitalization, visits to the doctor’s office, and prescription medicines.

Learn all you need to know about Health insurance here, what it is, how it works, and get to know the best Health insurance company for you and close to you.

Health Savings Account (HSA): Meaning, How It Works, Pros & Cons

If you have a high-deductible health insurance plan, you are eligible to contribute to a health savings account (HSA), which is an investment vehicle that offers tax advantages. HSAs are frequently provided by employers, but you can also start your…
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Health Insurance Agent: Meaning, Job, Salary & How To Become One

An agent for health insurance refers to a sales or service representative of an insurance provider. Any person who markets, sells, distributes, or provides customer service for a covered product offered by an insurance company is referred to as a…
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12 Best Health Insurance Companies 2023 – Pros & Cons

Comparing health insurance providers is difficult, but it’s essential for financial security and overall health. The phrase “best health insurance plan” does not apply in a vacuum. The best health insurance for you will depend on your individual needs. However,…
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Insurance Broker: Meaning, Job, Salary & How to Know A Licensed One

An insurance broker differs from an insurance agent in that a broker often acts on behalf of a customer by negotiating with several insurers. In contrast, an agent represents one or more specific insurers as per the contract. Brokers deal…
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How Insurance Broker Make Money

An insurance broker acts as the intermediary between a customer and an insurance provider, negotiating, selling, or pursuing insurance on their behalf in exchange for payment. They assist the clients by locating the ideal insurance plan that most closely matches…
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Health Reimbursement Arrangement (HRA): Meaning, How It Works, Types, Pros & Cons

Employers are left wondering how they can provide a powerful and individualized health benefit to be competitive in today’s labor market without going over budget or dealing with the nitty-gritty of compliance as healthcare costs rise substantially each year. A…
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Health Maintenance Organization (HMO): Meaning, How It Works, Pros & Cons

A Health Maintenance Organization (HMO) is a form of network health insurance plan that emphasizes on prevention and coordinated treatment provided by a primary care physician (PCP). Members must obtain a PCP referral before seeing any specialists since the PCP…
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Preferred Provider Organization (PPO): Meaning, How It Works, Pros and Cons

Preferred Provider Organizations (PPOs) have grown significantly over the past few years. The switch from standard FFS insurance to managed care agreements has been one of the most important transformations in the healthcare delivery system over the last ten years.…
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Exclusive Provider Organization (EPO) Pros And Cons

An EPO plan is a kind of health insurance that contributes to the cost of medical care, but only when it is received from providers in the plan’s network. However, if you are a member of an Exclusive Provider Organization…
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Copayment: What It Is, How It Works, What It Covers, Pros & Cons

Copayments, sometimes known as copays, are a common way to pay for health care. They are usually a set amount that the patient must pay each month for care. This can be difficult for people who don’t have insurance or…
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