Can I Lose My Medicaid Coverage?
There are a few reasons why you might be at risk of losing your Medicaid coverage, including pandemic-related policy changes, changes in income level, and loss of social security insurance benefits.
Can I Use My Health Insurance Outside of State
All health insurance plans regardless of the state of purchase will cover emergency services at any hospital in the United States, with the exception of Hawaii. However, non-emergency care, like primary care visits, might not be covered.
What Are My Options Once I Age Off of My Parent's Health Insurance?
After turning 26, the exact time at which your parent’s health insurance plan expires will depend on how your parent gets their health insurance - private or public coverage. After turning 26, you will be able to sign up for your plan within a specific 120-day period or during the year-end Open Enrollment Period, but to avoid a coverage gap, you should decide upon a plan before or during your birthday month.
What Types of Surgeries are Covered by My Health Insurance?
Many health insurance plans fully or partially cover surgical procedures deemed ‘medically necessary’ by a healthcare professional. Every health insurance company has its own policies to identify what is a medically necessary service. To find out if your surgery is covered by health insurance, you should review your Summary of Benefits and Coverage (SBC).
Best Obamacare Plans in NYC
Bronze and silver plans are best for young and healthy, low-income individuals while gold and platinum plans are typically best for those requiring frequent medical care.
Discount Health Programs vs. Health Insurance
A discount health program provides members with discounts for medical services. While health insurance provides coverage for a small or large portion of your medical needs, it, unfortunately, is not always the most affordable and accessible option.
Does Health Insurance Always Cover Emergency Room Visits?
In general, insurance companies will cover the cost of your visit to the ER (minus deductibles or copays), as long as your condition is deemed emergent. In some instances, like for the treatment of minor illnesses, you may be responsible for the out-of-pocket costs. Some emergencies can be treated at urgent care facilities instead of ERs to save money, such as sprains and stitches.
COBRA vs. Marketplace Insurance
There are typically two routes that you may consider if you are between jobs: COBRA and Health Insurance Marketplace (HIM) plans. COBRA may be a better fit for those with pre-existing medical conditions, but marketplace plans are usually more affordable.
How Can I Use HSA Funds?
You can use the funds in your Health Savings Account (HSA) to pay for IRS-qualified medical expenses, such as doctors’ visits and medications. You can pay for your IRS-qualified medical expenses using your HSA Bank Health Benefits Debit Card or pay out-of-pocket and reimburse yourself later with HSA funds.
What is a High Deductible Health Plan
A high deductible health plan (HDHP) is a health insurance plan with traditionally low premiums but higher deductibles. Other types of insurance plans, such as PPO, POS, HMO, and more, can still be classified as an HDHP, depending on the deductible of the plan.
Are At-Home COVID-19 Tests Covered By Insurance?
With new variants emerging, at-home COVID-19 tests are becoming more widespread within various drug stores. However, their costs have remained an issue for many Americans. In general, health insurance companies do not cover the cost of an at-home COVID-19 test.
Are Lab Tests Covered By Insurance?
Most major medical insurance covers the cost of many preventative and diagnostic lab tests due to the Affordable Care Act. Without insurance, lab services can become costly. Contact us to learn more about how much you can save on labs. Lab tests not covered by health insurance are often considered unnecessary such as genetic testing or at-home drug tests.