Premiums: The Insurance Company’s Perspective When it comes to life insurance premiums, insurance companies consider a variety of factors that determine the average life expectancy of the policy holder, and the resulting risk of issuing such coverage. No other factor has quite the effect on life insurance premiums as does smoking. As a smoker, your […]
Does Short-Term Health Insurance Cover Preexisting Conditions?
The most common health insurance policy is the comprehensive plan. Consumers pay an annual premium (or, more commonly, break it up into smaller payments throughout the year) and receive continuous and ongoing coverage. With the adoption of the Affordable Care Act (ACA), or Obamacare, into law, all Americans are now expected to carry “minimal essential […]
What Religions Are Exempt From Obamacare?
Although the Patient Protection and Affordable Care Act, or Obamacare, requires all Americans to carry personal health insurance or face annual penalties for noncompliance, there are a number of exemptions. The most common form of exemption is related to household income. Those individuals or families that meet criteria pertaining to low income will not be […]
Can Congress Defund Obamacare?
It’s no secret that several members of the Republican Party are in favor of defunding Obamacare. After repeatedly failing to repeal the Affordable Care Act (ACA), conservatives in Congress tried and failed to link defunding to a spending bill needed to avoid a government shutdown last year. But that was in a Congress that favored […]
Can I Get Health Insurance Just for My Child?
There are several options to consider when it comes to obtaining health insurance coverage for your children. Ideally, your employer will offer a benefits package that includes insurance coverage for both you and your dependents. But not every company offers such benefits. Even if you receive coverage through your work, it may not extend to […]
How Does Private Health Insurance Work?
The Patient Protection and Affordable Care Act (Obamacare) mandates that every U.S. citizen must carry a health insurance policy or face annual penalties for failing to be properly insured. As a result, options for free, low-cost, and moderately-priced insurance coverage have been made available through the healthcare marketplace, or by way of state exchanges, offering a […]
Can I Put My Girlfriend on My Health Insurance?
The short answer to this question is “maybe.” Whether or not you can add someone who is not your spouse to your existing health insurance depends largely on your insurance provider and the policy you hold. But there are circumstances that could help you qualify for such an addition. And with a little research, you […]
Can Illegal Immigrants Get Health Insurance?
If you’ve immigrated to the United States outside of proper legal channels or you’ve continued to live and work in the country beyond what your visa allows while you attempt to find a legal means of remaining, then you are probably aware of the fact that certain services available to citizens and legal visitors are […]
How Long Can You Stay on a Parent’s Health Insurance?
The recent changes in healthcare laws may have upset a lot of people, as any major change is bound to do, but these changes also provided new or continuing coverage for often underserved groups, such as those unable to otherwise afford coverage. And young adults were one group in particular that benefited from the expansion […]
Is Medicaid Considered Health Insurance?
Because Medicaid is free (or very low in cost), you might not think it qualifies as regular health insurance. And because of new laws that require every U.S. citizen to carry health insurance, you might be worried that you will have to pay penalties at the end of the year for failing to obtain appropriate […]
