Physician assistants (PAs) have become integral providers in the healthcare system. But what exactly is a PA and why are they so vital? This article will explain what physician assistants do, their role and responsibilities, why the career is growing so rapidly, and the many benefits PAs bring to healthcare teams and patient care. What … Read more
Medicare is indeed a third-party payor for healthcare expenses. As one of the largest public health insurance programs in the United States, Medicare covers over 60 million Americans aged 65 and older and younger people with certain disabilities. When people with Medicare receive medical care, Medicare pays most of the bill directly to healthcare providers, … Read more
300k CSL stands for $300,000 Combined Single Limit insurance. This refers to an auto insurance liability coverage that provides up to $300,000 total for any accident claim involving bodily injury and property damage. What is Liability Insurance? Liability insurance covers you if you are legally responsible for injury or damage suffered by another person. There … Read more
Voluntary employee life insurance offered by employers can be a convenient and affordable way to supplement your existing coverage. But is this type of group life insurance really worth it for you? This comprehensive guide examines the pros and cons of voluntary life insurance to help you decide if it should be part of your … Read more
Car insurance groups range from 1 to 50, with group 1 being the cheapest to insure and group 50 being the most expensive. So where does group 16e fall on this scale, and is it considered high? Group 16e sits around the middle of the range and contains family cars, hatchbacks and crossovers that are … Read more
If you participate in a medical flexible spending account (FSA) through your employer, you’ll be happy to know the contribution limit is increasing for 2023. The IRS recently announced cost-of-living adjustments that include a boost to the maximum amount you can contribute pre-tax to a medical FSA. Understanding the new 2023 FSA limits can help … Read more
Interest sensitive whole life insurance is a type of permanent life insurance policy that provides lifetime protection along with a cash value account that earns interest. It combines elements of traditional whole life insurance with features that allow the policy’s cash value to grow faster when interest rates rise. Below we will explore what makes … Read more
Managed care refers to a variety of methods and systems that are intended to control healthcare costs and utilization. There are several different managed care models that organize provider networks, member services, and reimbursement approaches in order to manage the cost, quality, and access to healthcare. The six main types of managed care models include: … Read more
When you have insurance, one key component of your policy is the deductible amount. The deductible is the portion of a claim that you must pay out-of-pocket before the insurance company covers the remaining costs. Many people wonder if they can change their deductible right before filing a major claim in order to reduce their … Read more
Managed care refers to a system that integrates the financing and delivery of healthcare services to patients in order to control costs and improve quality. Managed care organizations (MCOs) contract with groups of providers to form networks that patients must use to receive coverage. There are many potential benefits of the managed care model: Cost … Read more