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How do medical insurances coordinate payments if you have coverage from two companies?
Most of them require a coordination of benefits form to be filled out before paying claims. Typically only one policy pays. You would have to talk with the companies in question to find out their rules. In the case of children it can be a challenge, the rule that my company went with is the insurance of the parent that was born first was the primary provider.
What else can I help you with?
Why is obtaining car insurances difficult for those with bad credit?
Car companies find that individuals with bad credit are unreliable and therefor do not want to do business with them. They are afraid of not getting their payments.
What is of non duplication of coverage coordination of benefits?
Non-duplication of coverage coordination of benefits is a provision that prevents an individual from being reimbursed more than 100% of their total expenses by multiple insurance policies. The provision dictates that if a person has coverage under more than one policy, the combined benefits cannot exceed the total cost incurred. This ensures that insurance companies coordinate payments to avoid overpayment.
What is meant by the interest coverage ratio?
The interest coverage ratio is the calculation that determines a company's ability to repay debt payments. It is this calculation that determines whether or not companies are able to obtain loans.
Can a medical insurance company drop you because of one non payment?
It would depend on the insurance company. Most insurance companies will reinstate your coverage once you are caught up on your premium payments. You would then just have a lapse in coverage for the month you missed.
Are there any fee to cancel auto insurance in California?
Some companies may charge you for early cancellation, it's best to just stop making the payments and secure coverage for when it runs out.
Do credit card companies report cash payments?
No, credit card companies do not typically report cash payments.
Are payments made to an insurance company in return for coverage?
yes it is
Do credit card companies report cash payments to the IRS?
No, credit card companies do not report cash payments to the IRS.
Components to liability coverage under an auto policy?
Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Medical payments Collision Comprehensive None of these Liability Coverage under an auto policy has what components: Liability Coverage under an auto policy has what components:
Which companies are accepting credit card payments at the moment?
There are many companies that are accepting credit card payments at the moment. These companies include, but are not limited to, McDonald's, Walmart, Best Buy, and Amazon.
What is an unintended consequence of an automobile?
Car payments and insurance coverage, to name two.
What is the main difference between automobile medical payments coverage and homeowners medical payments coverage?
Medical payments on your car generally covers expense to yourself and / or passengers in the event of an accident where you're at fault. Medical payments on a home policy will pay for people who are injured in your house - but it won't cover the homeowner or other residents of the house. http://www.coloradosbestinsurance.com
