Tweet Before you visit a country where the population speaks a foreign language, it helps to know a few key words and phrases. The same holds true when you’re trying to decipher the lingo of health insurance. Whether you’re buying individual or group health insurance, know there are several health plan varieties, including traditional indemnity [...]

Tweet Imagine you have a $100,000 heart surgery, which is a covered medical expense under your health insurance plan, and let’s say this health insurance plan has a $1,000 annual deductible, 20% coinsurance after deductible, $2,000 out-of-pocket limit per year and $5 Million lifetime maximum. (*Not all health insurance plans feature deductible or coinsurance.) What [...]

Tweet If you need to purchase individual health insurance, it can be expensive. Unlike group plans, in which the costs and risks associated with health care are spread among many people, individual health policies are “medically underwritten” to take into account your personal health history. Any “pre-existing” condition such as heart disease, diabetes, and even [...]

Tweet It’s a fact of life, everyone needs health insurance — and the time to get it is before you have an accident, suffer a serious illness, or discover you’re pregnant. Insurance doesn’t cover health care for medical problems or conditions that start before the moment you have your policy. Finding adequate coverage might seem [...]