TRICARE is the health care program for uniformed service members, retirees, and their families. Up until 2018, TRICARE was divided into three regions – North, South, and West. In 2018, the regions were consolidated into two – East and West. TRICARE East and West are managed by different contractors, cover different geographic areas, and have … Read more

When you have health insurance through UnitedHealthcare, you are assigned a unique policy number. This number helps identify you as a member and provides important details about your specific coverage. Knowing where to find your UnitedHealthcare policy number can be useful when you need to verify your insurance details with healthcare providers or customer service. … Read more

In the UK motor insurance system, the term “Article 75 insurer” refers to a specific status that an insurer may have when handling third party claims arising from road traffic accidents. But what exactly does being an Article 75 insurer entail and how does it differ from other types of motor insurer liability? This article … Read more

Getting your vehicle declared a total loss after an accident is often an frustrating and stressful process. You have to go through your insurance company’s evaluation to determine if your car is repairable or not. If they do deem your vehicle a total loss, you then have to negotiate a fair settlement amount with the … Read more

Covered California, the health insurance marketplace in California, has announced several changes for 2023. These changes aim to provide more affordable and accessible health coverage options for Californians. Here is an overview of the key updates: Expanded Insurance Carrier Options One of the biggest changes for 2023 is the expansion of insurance carrier options on … Read more

Providing health insurance is an expected benefit at many companies today. However, the costs of traditional group health plans can be prohibitive for some employers. This leads to the question – can I reimburse employees for their own individual health insurance plans? The answer is yes, you can reimburse employees for health insurance premiums they … Read more

Self-insuring is a risk management strategy where a company sets aside funds to cover unexpected losses instead of purchasing insurance policies. Rather than paying premiums to an insurance provider, the company retains the risk and pays for losses out of pocket. Self-insuring can save money over time but requires financial discipline to build up adequate … Read more

Purchasing life insurance is an important part of financial planning. But what happens if the policy owner passes away before the insured person? This situation can create complications if the policy ownership has not been properly arranged. This article provides a comprehensive overview of how life insurance policies are impacted when an owner dies first, … Read more

Drivers under 25 years old typically pay much higher auto insurance rates than older drivers. There are several reasons why car insurance costs more for young drivers under 25. The main factors leading to expensive auto insurance for young drivers include: Lack of driving experience Increased risk of accidents Distracted driving behaviors Overconfidence behind the … Read more

When choosing a health insurance plan, two common options are indemnity plans and preferred provider organization (PPO) plans. Understanding how these two plan types differ is important for selecting the right coverage. Indemnity and PPO plans have distinct features when it comes to provider choice, referrals, costs, and other factors. Here is an overview of … Read more