UnitedHealthcare Choice Plus is a type of preferred provider organization (PPO) health insurance plan offered by UnitedHealthcare, one of the largest health insurance providers in the United States. What is a PPO health insurance plan? A PPO plan is a type of health insurance plan that offers more flexibility in choosing healthcare providers compared to … Read more
Insurance is divided into different classes based on the type of risk being covered. The main classes of insurance include property, casualty, life, health, and business insurance. Understanding the different insurance classes can help you determine the right type of policy for your needs. Property Insurance Property insurance protects physical assets like homes, cars, boats, … Read more
Once you enroll in Medicare, premiums are deducted from your Social Security payments for Part B and Part D coverage. A common question is whether these Medicare premium deductions lower the amount of your Social Security income that is subject to federal income taxes. The short answer is no – paying Medicare premiums does not … Read more
Health Maintenance Organizations (HMOs) have become an increasingly popular way to access healthcare in the Philippines. However, there is some confusion around whether getting an HMO plan is mandatory or optional. What is an HMO? A HMO is an organization that provides health insurance plans with coordinated care and controlled costs. HMOs bring together healthcare … Read more
When shopping for car insurance, you’ll often see references to numbers like “50/100/50” when it comes to liability coverage limits. But what do these numbers actually mean and how do they impact your policy? Let’s take a closer look at what 50/100/50 liability limits represent, how this standard split limit structure works, and why it’s … Read more
Getting into a car accident can be stressful enough. But when the other driver’s insurance company refuses to pay for your damages and expenses, it can quickly turn into a nightmare. Unfortunately, this scenario is all too common. Insurance companies are for-profit businesses, and some will try to avoid or minimize payouts when possible. So … Read more
Regular exercise is crucial for maintaining good health. But gym memberships can get expensive. So will your health insurance through UMR help pay the costs? UMR, formerly United Medical Resources, is one of the largest third-party administrators of employer-funded health plans. They partner with UnitedHealthcare to provide coverage to over 2.6 million members. Below we’ll … Read more
If you’ve shopped for health insurance or researched plans offered by your employer, you’ve likely come across the terms “rate” and “premium.” At first glance, these two words seem interchangeable. However, rates and premiums refer to distinct aspects of health insurance pricing. Understanding the difference between insurance rates and premiums enables you to make apples-to-apples … Read more
Driving a car that’s insured but as an uninsured driver can lead to complicated legal and financial consequences. Here’s a detailed look at what can happen in this situation. Overview In most states, auto insurance follows the car, not the driver. So if you drive someone else’s insured car, you’re typically covered under their policy. … Read more
For many Americans, employer-sponsored health insurance is a major benefit. But how does paying for this coverage actually work? Is the cost of your health plan premium deducted from each paycheck? The short answer is – usually, yes. Most companies deduct all or a portion of health insurance premiums from employees’ paychecks on a pre-tax … Read more