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Different insurance agencies allot different amounts towards certain types of treatments. In order to find out how much your insurance will cover any treatment, is important to talk to your prescriber. They can tell you what kind of medication to get and how much you will have to contribute out-of-pocket.
What else can I help you with?
What proportion of this monthly take home pay would go toward paying for family medical insurance coverage?
56%
How do you decide the amount of motorcycle insurance coverage you need?
Start with looking at what money you can budget toward insurance. You know for that you want basic liability and medical coverage. Additional coverage can reimburse you for your safety gear and accessories, protect against theft, and uninsured drivers. You can also talk to an agent who will work with you to make sure you don't get too much coverage.
Hidden Insurance Problems Caused by Pre-Existing Conditions?
Pre-existing heart conditions, such as heart disease, are a headache for insurance companies as well as individuals. For heart patients, insurance companies may deny coverage so as not to lose money. Even when coverage appears to be granted, hidden exclusions may appear in some individual insurance plans. These include not covering a congenital defect even though the insurance company may not deem it congenital, and including previous health insurance plan coverage toward a new plan's lifetime limit of coverage. Both hidden exclusions are illegal under group plan policies.
When does the decrease in term life insurance begin?
If you are inquiring about decreasing term life insurance, the policy defines the level of coverage at various points in time. Often, this kind of life insurance is intended to correlate with pay-down of a debt. Therefore, as the debt reduces by payments toward it, the life insurance balance proportionately reduces.
Is there a deductible on liability auto insurance?
Not with respect to personal auto insurance. However, when commercial auto insurance is involved, especially fleet coverage, there sometimes is. It is not called a deductible, but a "self-insured retention". The insured selects an amount that it is willing to pay toward the indemnity of a third party before the insurer's obligation to pay is triggered.
Is a health premium the same as a deductible?
No. When referring to health insurance, the "premium" is the amount you pay to the health insurance company each month to maintain your coverage. The "deductible" is a specific dollar amount you may be required to pay out-of-pocket per year before the health insurance company will begin paying for medical services covered under your policy. The amount you pay toward your monthly premium (or for copayments) does not count toward your annual deductible. Not all health insurance plans have a deductible, and even among plans with deductibles, some services may be covered up-front (preventive care, for example) without being applied toward your deductible.
Can you switch insurance companies in the middle of cancer treatment and still have coverage?
The question is - getting a new company to take you. HIPAA and other laws require that if they do, the time on the old plan count toward the Pre-X waiting period.
What two types of heat treatments are there?
Superficial heat treatments apply heat to the outside of the body. Deep heat treatments direct heat toward specific inner tissues through ultrasound or by electric current.
What happens if medical expenses exceed auto insurance coverage after an auto accident?
1. Most states have a requirement that a registrant of an auto maintain "personal injury protection" (PIP) coverage (altho the name may be different). This is the essence of so-called no-fault auto insurance. Essentially, it pays a percentage of the insured's own medical bills and lost wages, up to a maximum amount, arising from an auto collision. It pays those expenses irrespective of fault for the collision. 2. Most insurers also offer a Medical Payments coverage. This is often an optional coverage. It pays an additional amount toward medical expenses , and often coordinates with the PIP coverage. Therefore, if the PIP coverage pays 80% of the medical bills, up to the policy limits, the medical payments coverage will pay the remaining 20% up to its policy limits. 3. If medical expenses exceed #1 and #2, one's major medical insurance is triggered. The auto insurance is "primary" in the sense that its benefits have to be exhausted before major medical insurance is called upon to pay. This is because auto insurance is required by state "financial responsibility laws" and for the further reason that it and the major medical insurance contain "coordination of benefits" provisions making the auto insurance primary. 4. If medical expenses still exceed the total available auto insurance and major medical insurance (including, if there is no major medical insurance), the injured party/insured is personally responsible for unpaid amounts. In this situation, the health care provider frequently is willing to work out payment arrangements. Alternatively, the unpaid amounts may be discharged in bankruptcy, but this is a very drastic step and should be avoided if at all possible.
What percentage of your gross income should go towards health insurance?
A general guideline is to allocate around 5-10% of your gross income towards health insurance premiums. However, this can vary based on individual circumstances such as age, health status, and coverage needs. It's important to evaluate your budget and prioritize health insurance as necessary.
Are condominium unit owners required to have homeowners insurance?
Yes. However, insurance for a condominium unit is more complicated than insuring a private home. Insurance provisions are made a part of the boilerplate language in the documents that create the condominium. Since the value and well being of the community depends on the upkeep and maintenance of each unit there must be insurance coverage in the case of a disaster. If you have a mortgage, your lender will require full insurance coverage. You need to discuss insurance responsibility in detail with the condominium management before purchasing your unit. Review the rules and regulations and by laws with your attorney and with your insurance company before you purchase. There are other considerations in addition to insuring your property within the four outer walls of your unit. If a pipe should break in your bathroom and cause damage to units or common areas on a lower level you will be responsible for damages. You need to make certain you have that extended coverage. Your monthly condo dues typically pay toward insurance for the common areas. See links for more information.
When you pay your mortgage payment there is alway extra added to it why is this?
Any extra charges should be identified on your bill. It may be an escrow amount that will go toward insurance and property taxes.Any extra charges should be identified on your bill. It may be an escrow amount that will go toward insurance and property taxes.Any extra charges should be identified on your bill. It may be an escrow amount that will go toward insurance and property taxes.Any extra charges should be identified on your bill. It may be an escrow amount that will go toward insurance and property taxes.
