Home > Insurance

Insurance

  • In 2019 in the United States of America do you get penalized at all for not having health insurance at all?

    My health insurance premium is way too expensive for me to afford and it doesn’t cover anything. And plus even if I had a major medical event I wouldn’t pay any of the bills anyways. If I had a medical emergency and was in the hospital or got surgery I wouldn’t even pay a penny. If it was possible, I would file bankruptcy on the medical bills. So health insurance is just pointless to me but I heard that the government penalizes and fines people for not having health insurance. I can afford my health insurance it’s just too expensive it would save me money and have more in my pocket to not have health insurance at all. Cuz I wouldn’t even pay any medical expenses or bills anyways. So I heard that Donald trump did healthcare reform that might’ve made health insurance no longer mandatory to have. So is health insurance mandatory in 2019? Will I be fined if I don’t have health insurance at all?
    8 answers
  • Property Damage Insurance Flood Question?

    I had a rust water flood from the ceiling of my closet and not only so I had to submit a claim for $240K of stuff ranging from designer clothing and expensive furniture that I was purchased from private party and everything was fairly recent. Some stuff are mine some aren't (family members living together), my limit is around $128K for property damage so I know I won't be compensated for everything and it is a Replacement cost insurance. The problem now is that the insurance is asking for receipts and I don't have any kept, I don't even have a credit card besides debit card, and my family members don't have receipts either and have bad credit. I don't understand how anyone can keep receipts for everything they buy. Is having receipts obligation? What can we do when there are no receipts? We buy our stuff with cash and I don't feel like showing them my debit card statement.
    6 answers
  • Will I be covered by employer provided life insurance if death occurs unrelated to work?

    Best answer: yes
    5 answers
  • I cancelled health insurance with my employer due to a life event. My employer has been deducting health and dental premiums. Help!?

    I have been reimbursed 3 times now but they continue to deduct it even after 3 calls with HR and finally a payroll specialist. This is Target, mind you, with thousands of employees! What can I do to fix this?
    4 answers
  • What should I do?

    So I was in a car wreck in last October and had to go to the hospital. My car insurance said they pay the medical bills since I got them from a car accident. Outside of one phone call I had with my insurance I haven’t heard or received anything from anyone about paying anything. I checked my Health insurance earlier and it’s saying I still owe $520 for ambulance and hospital bills. It also says I have a denied claim for $54 from an X-ray place which I already paid.
    10 answers
  • How to pay medical bill once they send out a letter?

    Best answer: The insurance company sent you an explanation of benefits. That is not the actual bill. It just lets you know what amount the hospital will bill you for. If you do not receive that bill within the next two weeks, you should contact the billing department of the hospital. You should be able to pay the bill directly to the hospital's billing department either in person or over the phone. Once the hospital processes the insurance, you might even have payment options online. You may not be able to see it online yet if the hospital hasn't processed the insurance portion of the billing.

    As for the rest of your question:

    A "copay" is a set amount you pay for certain services. For example, a doctor's office visit might have a $30 copay. You pay the copay and the insurance pays the rest of the cost for whatever charges are involved for that visit. The copay is honored even if the deductible has not been reached yet.

    A "deductible" is the amount of money you will spend for medical services before insurance pays for a portion of the expenses. For example, if you need a surgery and it costs $10,000 and your deductible is $4,000 - then you will pay for $4,000 of your surgery before insurance starts helping with the rest of the bill. Once the deductible is paid, then insurance usually pays 80% of medical expenses - so insurance would pay 80% of the remaining $6,000 balance for the surgery. (but that depends on your policy and this is only an example - you need to know your deductible amount and the percentage covered after deductible to know what YOUR policy actually covers.) After the deductible is reached, insurance will continue to pay their percentage of all other medical charges for the rest of the year. Deductibles reset at the beginning of each year.

    Some insurance companies also have an "out of pocket" maximum. If you reach the amount of the out of pocket maximum, then insurance would pay for 100% of all qualifying medical expenses for the rest of that year.

    I am not sure what "OV out of area vs in area" means. You may need to ask your insurance company about that one. It might refer to doctors that are in network or out of network. Most insurance companies have "in network" doctors and hospitals and using caregivers that are "in network" is cheaper than using "out of network" providers.
    4 answers
  • Do you pay a big bill if your child has Medicaid.?

    Dr billed a $2000 bill and the child is SC Medicaid covered. Had out patient surgery 7 months ago. Just received a bill.
    4 answers
  • Where do I get health insurance if I m unemployed, and over 26 years old?

    I m going to be a student for the next 4 years, and I won t have a job for the time being. What company s offer coverage?
    6 answers
  • Heath insurance after age 26?

    So I’m currently 25 about to turn 26, I live in California and I have medical as of right now under what was known as Obama care. Once I turn 26 that will go away. I’m currently a full time student, working part-time for the university that I attend and I’m filling my own taxes,(still living at home with my parents) the university doesn’t have a health plan that I can sign up for, what will be my options if I need health insurance but won’t be able to afford it because I don’t make much of an income.
    7 answers
  • So can someone help me understand my insurance?

    Best answer: No. Having a card does not mean that you have insurance. The purpose of the card is to tell someone what insurance you have whenever you do have insurance, but it does not say whether you have insurance now.
    5 answers
  • Can I stay under my parents insurance if I get married?

    My dad is in the military and my family is insured under tricare. I m an 18 year old dependent, and am planning on getting married to my boyfriend before he leaves for the army. I m keeping my last name and I m still going to be living in the same house, do I have to change my insurance in any way? I don t see why it needs to be changed until I m moved out of the house which won t be until a year from now.
    12 answers
  • Does long term care insurance benefits run out after 3-4 years, or do they keep paying the rest of your life?

    Best answer: It depends on the policy: there are many types. A common type is one that provides a set dollar-amount limit. Once the insurer has paid that limit (say $200k or $500k), then benefits stop. Sometimes you can buy inflation protection in the policy. You should contact a reputable insurance agent for information.
    7 answers
  • INSURANCE IN MY CAR NOTE IS THIS LEGAL?

    I have full coverage on my vehicle, with my name on the policy, but I am not the main policy holder,lien holder still charges me extra,is this legal
    5 answers
  • At 66 will my wife go on regular s.s.i. she is on s.s. disability , she has cancer?

    11 answers
  • Prescription no longer covered by insurance/pharmacy not taking insurance?

    From October 2018 up until this January my prescription (birth control) has been covered by my insurance. I haven t changed my provider or gotten information stating that there were changes in my coverage, so I m wondering who to contact/what steps to take. Someone told me to transfer pharmacies so I m also wondering if that ll make any difference.
    8 answers
  • I called my insurance policy and it said my insurance plan isn t enforced. Does that mean it s inactive and I won t get charged for it?

    6 answers
  • Ever notice that insurance companies done allow you to leave reviews. I wonder why?

    6 answers
  • Does Aflac cover “occupational disease?”?

    I have aflacs accident coverage and I have an injury that is more longer term and it started before I had coverage. But it only got real bad after I had the Aflac coverage. How do I go about this?! I’m assuming if I say the injury started a few years ago vs 5 months ago it’d be a different outcome. Also hypothetically speaking do they cover occupational disease stuff? Or does it need to be direct injuries on the spot the same day?
    6 answers
  • Can my city refuse to pay this claim?

    My city’s trash truck accidently backed into the garage on one of my rental properties. There was a LOT of damage to the garage. I filed a claim with the city and they refused to pay it because they said the garage was not permitted. Can they do that? If I file a claim with my house insurance they will probably raise my rates. Any ideas how I can get the city to pay for the damage to my garage?
    7 answers
  • If my husband has a life insurance through his company and is layed off do you just lose the policy or can you continue the policy?

    12 answers