Most plans do indeed have basic hospital expense coverage. Some plans may require a deductible or co-pay.
Basic Hostpital Expense Coverage differs from state to state and by Insurance company. You may want to do some research before selecting a good insurance company.
There are many, many different types of medical insurance. Each policy specifies what it will cover, the extent of coverage and for what purpose.
The type of insurance policy that covers expenses incurred at a hospital place of treatment. It generally excludes other coverage such as doctors charges. It sometimes is a fee based coverage or indemnity coverage meaning benefits are paid based on a set fee for a specific service listed in the contract.
expenses of plans provided by employers as a starting point. ... Affordable Health Care Insurance Policy - Basic Guidelines You Need to Know ... Easy Methods to Get the Ideal Medical Insurance Coverage at a Minimum Cost
Business Income and Extra Expense.
Yes, generally they do. Of course, there are many kinds of insurance policies. If you are unclear what your policy covers, check the certificate of coverage document or contact customer service on the back of your ID card, If your insurance is a PPO, POS or HMO ,it is extremely important to stay "in network."
The amount for a knee replacement would be between $20,000 and $35,000 without insurance coverage. If there is insurance coverage, the out of pocket expense can be lowered.
Unexpired insurance for the fiscal period is considered an asset, specifically a prepaid expense, rather than an expense. This is because it represents a payment made for insurance coverage that extends beyond the current accounting period, providing future economic benefits. As time passes and the coverage period elapses, the prepaid insurance will then be recognized as an expense in the income statement.
Usually there is a deductible on comprehensive coverage auto insurance. The deductible can range in different amounts usually from 0 to $1000 or even higher if it is a very expense vehicle.
debit prepaid insurance 11520credit cash 11520Debit Insurance Expense 1,920 Debit Prepaid Expenses 9,600 Credit Cash 11,520 This assumes the payment is made in the first month of coverage. If the payment is made before the coverage begins, the entire amount would be posted to Prepaid Expenses. If the payment was made after the coverage began (for example, in the second month of coverage), you would post the remaining number of months times 1,920 to Prepaid and the balance to Insurance Expense.
this depends on your insurance coverage and other driver's insurance coverage.. some people have $15,000 limit to cover medical expense, and collison.. and some are higher.. asian623 http://www.myspace.com/scionturboracing
AMEGA typically stands for "Accident Medical Expense Group Accident." It refers to a type of insurance coverage that provides benefits for medical expenses incurred due to an accident. This can include costs like hospital stays, surgeries, and other medical treatments resulting from the incident. The specific terms and coverage details can vary depending on the insurance provider.