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During 3 paycheck months, insurance coverage typically remains the same as in other months. The extra paycheck does not usually impact insurance coverage unless specified by the insurance policy or employer.

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4mo ago

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What were the extra paycheck months in 2017?

The extra paycheck months in 2017 were months that had five Fridays, which occurred in March and September.


Can you get Cobra insurance coverage for just one week?

No, Cobra insurance coverage typically lasts for 18 to 36 months after a qualifying event such as job loss. It is not typically available for just one week.


Can you explain how short term health insurance works?

Short term health insurance provides temporary coverage for medical expenses, typically lasting from a few months to a year. It is designed to fill gaps in coverage during transitions, such as between jobs or waiting for other insurance to start. Short term plans may have limited benefits and may not cover pre-existing conditions.


What are the options for short term health insurance coverage between jobs?

Short term health insurance is a temporary option for coverage between jobs. It typically lasts for a few months and provides basic medical benefits. These plans are often cheaper than traditional health insurance but may have limitations on coverage and pre-existing conditions. It's important to carefully review the terms and conditions before choosing a short term health insurance plan.


Can you provide information on Cobra dental insurance?

Cobra dental insurance is a continuation of your employer-sponsored dental coverage after you leave your job. It allows you to keep the same dental insurance plan for a limited time, usually up to 18 months, by paying the full premium yourself. This can be a good option if you want to maintain your dental coverage while transitioning to a new job or insurance plan.

Related Questions

What terms does State Insurance NZ cover in its policy?

State insurance NZ will cover terms as short as six months and as long as eighteen months. They offer coverage from a basic liability to a full coverage rate.


Will home replacement insurance pay for fire after 3 months of coverage?

Yes, your coverage begins on the effective date of your policy.


Is insurance company still liable for medical payments even you no longer carry that insurance?

The insurance should cover an accident while it was in force. If you had insurance 2 months ago and the accident happened 2 months ago, coverages should apply. If the accident happened today and the coverage stopped 2 months ago, there should not be coverage.


How is temp insurance defined in a small company?

Temporary insurance offers coverage for a short period of time, often twelve months or less. This short term insurance often has limited coverage compared to other plans.


What were the extra paycheck months in 2017?

The extra paycheck months in 2017 were months that had five Fridays, which occurred in March and September.


Can you get Cobra insurance coverage for just one week?

No, Cobra insurance coverage typically lasts for 18 to 36 months after a qualifying event such as job loss. It is not typically available for just one week.


What is the duration of the preexisting condition exclusion period for health insurance coverage?

The duration of the preexisting condition exclusion period for health insurance coverage can vary, but it is typically up to 12 months for individual health plans and up to 18 months for group health plans.


Can a suspended insurance policy be re instated?

It depends. In many cases, insurance companies may reinstate coverage if the premiums for the lapsed months are paid.


What exactly is term insurance?

Term insurance is an insurance you get for a specific amount of time. It is only for a certain amount of time. For instance, term insurance can be an insurance coverage for 6 months, 2 years, or 5 weeks.


What is the duration of the pre-existing condition exclusion period for health insurance coverage?

The duration of the pre-existing condition exclusion period for health insurance coverage can vary, but it is typically up to 12 months for individual health plans and up to 18 months for group health plans.


Can you explain how short term health insurance works?

Short term health insurance provides temporary coverage for medical expenses, typically lasting from a few months to a year. It is designed to fill gaps in coverage during transitions, such as between jobs or waiting for other insurance to start. Short term plans may have limited benefits and may not cover pre-existing conditions.


Paid 11520 for six months insurance premium what will be the journal entry?

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.