Individuals that are 65 and older, have certain disabilities or have permanent kidney failure can usually obtain health insurance coverage through Medicare.
It's important to know the different parts of Medicare coverage, your Medicare rights and protections, and how to find the right plans to reduce your Medicare out of pocket costs.
For those individuals with limited income or suffer from chronic conditions, the government provides assistance to Medicare benificiaries in need.
With many Medicare Plan Options available, it can be difficult to find the right health plan for your medical needs.
At HealthPocket, we provide you the tools to help you find the right Medicare plan in order to minimize your out of pocket Medicare costs.
HealthPocket examined what medical services were most commonly excluded from health plan coverage in 2014 and compared these results to the most frequent exclusions within the pre-reform health insurance market.
Prescription drug coverage is now included with all new health plans in the individual & small group markets under the Affordable Care Act. However, in a study conducted by Healthpocket, metal plans averaged a 34% increase in copayments and co-insurance fees compared to the pre-reform market.
National averages on deductibles and out-of-pocket caps can be misleading if used for local health insurance plan shopping. Consumers are advised to examine their local health plan options carefully, judging cost-sharing individually rather than based on a plan’s particular metal tier category. Failure to follow this advice could result in some unpleasant surprises with respect to deductibles and out-of-pocket expense limits.
The Affordable Care Act, also known as Obamacare, is approaching the finish line in the form of the Open Enrollment Period‘s conclusion. While various aspects of Obamacare were implemented before this time and more will be implemented afterwards, the Open Enrollment Period serves as a measure of progress for the Affordable Care Act. Pundits, politicians, […]
In today’s highly politicized discussions of health insurance costs, the degree to which inefficient insurance company operations contribute to higher costs is often overlooked. High start-up expenses and considerable staffing requirements to meet regulatory burdens have discouraged entrepreneurs from entering the market with disruptive technological innovations and more efficient processes. Oscar Health Insurance aspires to […]