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Why have many insurers replaced retrospective health insurance plans with group plans such as HMOs and PPOs?
Wiki User
∙ 11y ago
It helps keep the cost down for insurers as well as individuals.
Wiki User
∙ 11y ago
Kez
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How many health insurance companies are there?
According to the Insurance Information Institute there were 1,398 life, health and medical insurers and re-insurers in 2011. http://www.iii.org/facts_statistics/industry-overview.html
Does Ohio still provide health insurance?
Yes, there are many health insurers in Ohio. In fact, Ohio health insurance rates are quite affordable compared to most other states.
Who is a logical candidate for healh insurance?
In my opinion, a person with no pre existing disease history and having sound health, should be a logical condidate for health insurance who should be welcomed with both hands by the insurers.
Where can one go to purchase GA Health Insurance online?
One can purchase GA Health Insurance online via the State of Georgia website, that lists approved insurers in the state. Alternatively one can use insurance comparison sites.
What is the usefulness of the HIE or Health Insurance Exchange?
The usefulness of the HIE or Health Insurance Exchange is that it helps insurers to comply with consumer insurance protection, to create competition that will help make it possible to have a cost effective insurance. It also promote the way insurance is extended to many people in America.
Do insurance companies have a right to accept or reject you for insurance coverage based on the results of voluntary and confidential genetic testing predicting your future health?
No, insurers are not allowed to discriminate against people who have had genetic testing. The Genetic Information Nondiscrimination Act of 2008 specifically prohibits health insurers from using genetic test results to charge people different rates or to refuse to cover them. The law protects people from discrimination by health insurers and employers on the basis of DNA information.
Where can you compare health insurance benefits online?
By going to selected health insurers's websites their plan benefits are listed. For example, some sites like Progressive will allow individuals to compare their rates and services to other health insurance companies across the industry.
What types of services does Icicipru in India offer?
Icicipru in India offers insurance services, including life, health and pensions insurance. Its life insurance has a dominant position amongst the private life insurers in India.
What are the names of health insurance companies?
There are many good health insurance companies. Some are indemnity companies and some are managed care, such as HMOs and PPO's. Costs differ depending upon the company, the choices of provider offered, and the number of people to be insured under the policy. There is no "best" health insurer. People like or dislike certain ones based mainly upon their own experiences with claims and customer service. You can get the names of health insurers that are authorized to engage in business in your state by contacting the office of the state insurance regulator. Alternatively, you can contact a local, licensed health insurance agent or broker who represents one or more health insurers. It is extremely important to deal only with "authorized" health insurers. These are those who have been licensed to transact health insurance business in your state. By going through the licensing process, the insurer must demonstrate, among other things, financial soundness.
What options are available for a recent college graduate regarding health insurance?
The recently passed Affordable Care Act allows young adults up to age 26 to remain on the parents' health insurance. Major insurers such as Blue Cross offer a comprehensive range of health insurance choices for young people.
Where can one see ratings of health insurance companies?
There are many places where one can see ratings of health insurance companies. New organizations like the New York Times have rated companies. The government will also start to rate insurers.
Why did your health insurance insurance send you check?
Under health reform, insurers have to spend a certain percentage of their revenues (your premiums) on medical care and on improving quality of care. If they spent less than the target percentage, they have to refund money to you. That is why you received a check.
