Having health insurance helps protect you from large medical expenses. However, most plans involve cost-sharing through deductibles, copays, and coinsurance. One approach some health plans use is a combined medical and drug deductible. What is a Deductible? First, let’s review what a deductible is. A deductible is the amount you pay for healthcare services before … Read more

Many people are faced with the decision of choosing between a PPO (Preferred Provider Organization) and an FSA (Flexible Spending Account) when enrolling in employer-sponsored health insurance plans. The good news is that in most cases, you can have both a PPO health plan and an FSA. However, there are some limitations to be aware … Read more

Fronting is an arrangement between a licensed insurance company and a self-insured organization or captive insurer. It allows the self-insured or captive to issue policies while avoiding certain regulations and requirements. What is Fronting? Fronting refers to when a licensed, admitted insurance company issues policies on behalf of an unlicensed insurer. The fronting company provides … Read more

Covered California is the health insurance marketplace in California established under the Affordable Care Act (ACA). It has played a pivotal role in increasing access to health coverage for Californians over the past decade. As we head into 2023, Covered California will continue serving individuals, families and small businesses, providing a range of health plan … Read more

A Health Savings Account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). HSAs allow you to set aside money on a pre-tax basis to pay for qualified medical expenses. Many people have questions about contributing to an HSA, especially whether … Read more

When applying for insurance, you may notice the process involves disclosing a significant amount of personal information. This raises the question – what exactly happens to this data after it’s collected? Specifically, do insurance companies share it with data mining companies like LexisNexis? The short answer is – not necessarily. While LexisNexis works with many … Read more

Getting car insurance can be tricky when you’re in a relationship but not married. You may be wondering if you can add your boyfriend, girlfriend, fiancé, or domestic partner to your policy if you don’t have a marriage certificate. The good news is, most car insurance companies allow unmarried couples to get a joint policy, … Read more

When you file an insurance claim after an accident, loss, or injury, you expect the insurance company to review the details and pay out your benefits. However, it’s not always that simple. Insurance companies often conduct thorough investigations before approving claims. So why exactly would an insurer investigate a claim that you make? There are … Read more

You go to the doctor, pay your copay at the time of your appointment, and assume that covers your share of the costs. But then weeks later you get a bill in the mail from the doctor’s office. So what’s going on? Why are you getting charged extra after already paying your copay? Getting billed … Read more

Proving ownership of a vehicle is an important step when registering or transferring registration of a car in Australia. Here are the main ways to prove ownership of a car in Australia: Registration Certificate The most straightforward proof of ownership is the vehicle’s current registration certificate. This document lists the registered owner of the vehicle. … Read more