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Do you keep your health insurance while on long term disability?
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Why do disability insurance companies ask if you have other disability insurance?
Disability insurance often replaces up to 2/3 of your income. The idea is to keep money flowing in during times you are unable to work, but not to create an incentive for workers to stay disabled. Insurers want you returning to work as soon as possible, and shorter disabilities keep premiums affordable. Insurance companies ask if you have other coverage in order to make sure that you won't be making more money while hurt than when at work.
Do you keep your health insurance while on workmens compensation?
Yes, the insurance is kept but you must pay the full amount your employer paid. If not Cobra insurance will be offered at a very expensive rate.
Can you keep your primary medical insurance if you are eligble for disability insurance?
Yes - keep both coverages. They are designed for two very different purposes. Your medical insurance reimburses the doctors and hospitals that provide your medical treatments. Disability insurance replaces a portion of your income during the time you are sick or hurt and unable to work.
Should you cancel a disability insurance policy if you take early retirement?
If you can afford to keep disability insurance, I would. As we get older, our bodies become fragile, and you want to be fully covered just in case.
Does Aetna health insurance allow the retiree to keep his ex wife on his health insurance plan?
Yes it dose
How to keep health care of the kids?
The Affordable Health Care Act of 2010 allows parents to keep their children on their health insurance until they are 26. This applies if they are not covered under any other health insurance.
What is a waiver of premium for life insurance plolicies?
Waiver of premium on a life insurance policy or disability insurance policy means that in case of a disability, the insurance company will waive the premiums and keep the policy in force. This is a layer of added protection in case you can't afford to pay the policy due to loss of income in case of an illness or accident. All disability insurance policies include the waiver of premium at no cost, keeping the policy in force while you are disabled and receiving disability benefits. Life insurance policies have the waiver of premium as a rider which usually cost additional premium to add. Consult a life and disability specialist to help you choose the best plans available to you.
Is star health insurance a reliable insurance company?
Star Health Insurance is a reliable insurance company because they cover all your needs. They also compete with other companies to keep your rates low.
Do the proposed health care bills require you to drop your private insurance after 5 years?
No, you can keep your insurance.
Is it difficult to get health insurance if you are self employed?
The website provided below has a lot of information regarding self employed health insurance, how to get it or keep it. Explaining the benefits of COBRA as well as other options for buying health insurance. http://www.healthinsurance.org/learn/self-employed-health-insurance/
If I work full-time and have health insurance. Can I drop the health insurance when medicare kicks in ?
It might be a good idea to keep both. If you don't have to pay anything for the insurance through your job, I would definitely keep both. If you have prescriptions that are expensive or brand named, you may want to keep your current policy.
Why should I purchase Tonik health insurance?
It is important that you have health insurance to stay healthy and make sure that you are able to take care of yourself. If you have health care you can use it to regularly see a doctor to keep track of your health and any issues that might bother you with your health that you normally may not be able to do with out health insurance.
