The passing of a loved one is always difficult. In the midst of grieving, it’s normal to have questions about what happens to their Medicare coverage after they die. Many wonder – does Medicare provide any funeral assistance or final expenses coverage? Unfortunately, standard Medicare does not cover any costs incurred after a beneficiary’s death. … Read more

Founded in 1912, Liberty Mutual has grown into one of the largest property and casualty insurers in the world. Aside from the flagship Liberty Mutual brand, the company owns or controls several other insurance carriers. In this comprehensive guide, we’ll cover: A brief background on Liberty Mutual Full list of insurance companies owned by Liberty … Read more

Coinsurance is a common provision in commercial property insurance policies that requires the insured to carry a certain amount of coverage relative to the total value of their insured property. If the insured’s coverage limit falls short of the required coinsurance percentage, claims payments can be reduced. But does the coinsurance penalty apply when claims … Read more

Having multiple health insurance plans can provide more comprehensive coverage, lower costs, and give you access to a wider range of providers. A common question that comes up is whether Kaiser Permanente health plans can be used as secondary insurance. The answer is yes – Kaiser can serve as secondary insurance when paired with another … Read more

To get premium-free Medicare Part A when you turn 65, most people need to have at least 10 years of work credits. But what if you don’t meet the work credit requirement? The good news is that you still have options to get Medicare coverage. In this comprehensive guide, we will cover: What Medicare work … Read more

Purchasing health, auto or life insurance involves deciding who will be the primary holder of the policy. This is an important choice that determines who controls the policy and its benefits. So who should be listed as the primary insurance holder? What is the difference between primary and secondary holders? This comprehensive guide will explain: … Read more

Original Medicare typically covers 80% of the Medicare-approved amount for covered medical services, after you meet the Part B deductible. As a Medicare beneficiary, you are responsible for paying the remaining 20% coinsurance. However, with a Medicare Advantage plan, your out-of-pocket costs are structured differently. The 20% Coinsurance in Original Medicare Under Original Medicare Part … Read more

When it comes to health insurance, you’ll often come across terms like HMO and MCO. While they sound similar, HMOs and MCOs are two distinct types of health plans. Understanding the key differences between a Health Maintenance Organization (HMO) and a Managed Care Organization (MCO) can help you choose the right plan for your needs. … Read more

When you make an auto insurance claim after an accident or incident, you are responsible for paying the deductible amount before your insurance coverage kicks in. But what if the cost to repair the damage is actually less than your chosen deductible? This situation presents a dilemma. Should you pay the full repair bill yourself … Read more

If you have Medicare Part A and/or Part B, you may receive premium bills from Medicare on a regular basis. But how often does Medicare actually send out these bills for your monthly premium payments? The frequency of Medicare premium billing depends on a few factors: Whether you have Part A, Part B, or both … Read more