If navigating the health insurance maze for humans feels confusing, just check out getting coverage for your pet.
Millions of Americans are increasingly buying health insurance for their furry friends. With shifting rules, tricky fine print and premiums creeping up, it pays to be finicky.
About 71.4 million American homes, about 62 percent, have a pet, according to the most recent survey by the American Pet Products Manufacturers Association. Last year, those pet owners spent $12.04 million in veterinary care and will spend an estimated $12.79 million this year. Read the rest of this entry »
Health insurance reform passed the House of Representatives by a slim margin late last night.
The health insurance reform bill, which is estimated to cost $940 billion over 10 years, is projected to extend coverage to 32 million more Americans.
Here are a few key points included in the bill:
- Insurers can longer exclude or increase the cost of coverage for children with pre-existing conditions. This will take effect as soon as the bill becomes law. In 2014, this will be extended to all adult Americans. Read the rest of this entry »
With President Obama’s speech to Congress last night outlining the details of his overhaul of healthcare in the United States, one interesting point popped up – the fact that Obama would guarantee that insurers could not reject people because of preexisting conditions.
Health insurance companies are increasingly citing the failure to disclose preexisting conditions as a means to cancel policies and deny benefits to people in need of care. The term for this is “Post Claims Underwriting”. What this means is that the insurance companies will not investigate someone for verification of entitlement to coverage until after they are sick and need the insurance. Of course, if they then determine the person is sick but not qualified they cancel the coverage and the sick consumer is left with no insurance. Read the rest of this entry »
Everyone needs to set up medical plans for their health protection. Health insurance is important in our life because we can get accident or illness in the future. We never know our future.
Health plans will make sure that we can get the best treatment if we get illness or injuries. We can protect ourselves by taking health plans that cover all our medical treatment. Read the rest of this entry »
With a major health overhaul in deep trouble, some lawmakers want a scaled-back approach that targets the indisputably unpopular insurance industry.
Include the popular ideas, they say, such as requiring insurers to accept people with medical problems and barring them from canceling policies or charging more for customers with health problems.
But that raises a question about a central plank of the overhaul legislation: a controversial requirement that nearly all Americans carry insurance. Read the rest of this entry »
If navigating the health insurance maze for humans feels confusing, just check out getting coverage for your pet.
