Adding a driver to your State Farm auto insurance policy can increase your premium, but the amount will depend on several factors. Here’s what you need to know about how adding a driver impacts your State Farm car insurance rates. Who Needs to Be Listed on Your Policy Any licensed driver who uses your insured … Read more
Insurance policies contain certain conditions that policyholders must comply with in order for coverage to apply. Failure to meet these conditions can result in a denial of claim benefits. Understanding what conditions exist in your policy and what they require is key to getting full value from your insurance. What Are Policy Conditions? Policy conditions … Read more
Preferred provider organization (PPO) plans are a popular type of health insurance in the United States. PPO plans offer flexibility in choosing healthcare providers while also providing access to discounted rates through a network of preferred providers. As healthcare costs continue to rise, many people are looking for ways to save money on their medical … Read more
Long-term care insurance can help cover the costs of care services if you experience a chronic illness, disability or cognitive impairment later in life. However, long-term care insurance uptake remains relatively low in the U.S. Here’s an in-depth look at the statistics surrounding who has long-term care insurance coverage. Key Long-Term Care Insurance Statistics Let’s … Read more
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