The Affordable Care Act (ACA), often called Obamacare, significantly expanded health insurance coverage in the United States since it was enacted in 2010. The ACA expanded Medicaid eligibility, provided subsidies for private insurance plans, and prohibited exclusions for preexisting conditions. As a result, millions of previously uninsured Americans gained health coverage. So exactly how many … Read more

Opening up your winter coat to find holes eaten through the wool or discovering your favorite cashmere sweater riddled with tiny holes is disheartening. The damage is likely the work of clothes moths – a pesky pest that can ruin fabrics and textiles around your home. But will your homeowners insurance policy cover the cost … Read more

When reviewing your insurance policy, you may come across the term “retention” along with a dollar amount. This is an important concept to understand, as it refers to the portion of any claim you are responsible for paying before the insurance company’s coverage kicks in. Below we’ll explain exactly what retention is, how it works … Read more

Insurance policies provide financial protection and peace of mind in the event of unexpected losses. There are many different types of insurance available to cover a wide range of needs. Here is an overview of the most common forms of insurance that individuals and families may want to consider purchasing. Auto Insurance Auto insurance is … Read more

When it comes to insurance, the terms “underwriter” and “insurer” often get used interchangeably. However, they refer to two distinct roles within the insurance industry. Understanding the key differences between an underwriter and insurer is important for anyone purchasing insurance or working in the insurance sector. An Overview of Underwriters and Insurers An underwriter is … Read more

When you get added as an additional insured on someone else’s insurance policy, you gain certain protections and rights under that coverage. However, these rights are limited compared to being the named policyholder. Understanding exactly what an additional insured is entitled to – and not entitled to – is important for managing risk. Who Is … Read more

Having double health insurance coverage can provide more comprehensive benefits and greater cost savings. A common question that comes up is whether you can be covered by two Kaiser Permanente insurance plans at the same time. The answer is yes, you can have dual Kaiser coverage – also known as double Kaiser. Here’s an in-depth … Read more

If you work in healthcare, you’ve probably come across the names PHCS and MultiPlan when researching provider networks. But what exactly is the relationship between PHCS and MultiPlan? Are they the same thing or completely separate networks? In this comprehensive guide, we’ll explain what PHCS and MultiPlan are, their key differences, and how they fit … Read more

Experiencing an accident can be traumatic and lead to unexpected expenses. When another party is at fault for your injuries or damages, you have the right to pursue compensation through an insurance claim or personal injury lawsuit. However, this process raises an important question – can you claim twice for the same accident? The short … Read more

Insurance companies make money by collecting more in premiums and investment income than they pay out in claims and expenses. Profitability depends on pricing policies correctly, managing risks and costs, and investing premium dollars wisely. Insurance companies aim for target profit margins but many factors influence the actual profits achieved. What Drives Profits for Insurance … Read more