Supplemental health insurance Archives

How Medical Debt is Devastating Millions of Insured Americans and What You Can Do About It

August 2, 2024August 1, 2024 Nordstrom

Medical debt is a pervasive issue in the United States, affecting millions of Americans each year. Despite having health insurance, many people still find themselves facing unexpected medical bills that can lead to significant financial stress. According to a recent survey by the Commonwealth Fund, nearly half of insured working-age Americans received a medical bill or charge that should have been covered by their insurance. This article aims to shed light on the realities of medical debt, highlight key statistics, share personal stories, and offer practical advice for those grappling…

New supplemental insurance law passed in Massachusetts

January 7, 2015January 6, 2015 S.Vagus

Governor Patrick signs supplemental insurance legislation into law A new law that eliminates the cap on insurance payments for non-medical hospital expenses has gone into effect in Massachusetts. Governor Deval Patrick has signed a bill that would remove the payment cap, which had been placed on supplemental health insurance policies that are meant to provide aid for non-medical expenses. Massachusetts had been the only state in the country that had placed payment limits on such coverage. Law has removed the cap placed on insurance payments for non-medical hospital visitis The…

Disability Insurance – A Dying Breed

September 14, 2013March 1, 2014 Loreen

When you think of disability insurance, you may automatically think about the benefits some receive through the Social Security program. This is run through the government. Everyone pays in, and someone who becomes disabled can then receive money each month. This program has saved many families from financial ruin, but the amount you can receive each month is not a lot. Families need more protection. Did you know there are other policies you can buy on your own in the event you are in a terrible accident or if you…

Mind the Gap: Things to Know Before Picking the Best Medicare Supplement Plan

May 5, 2013February 15, 2014 Guest Author

Whether you have just turned 65, are about to turn 65, or are looking after a loved one who already has, keeping abreast of Medicare policy changes and picking the best Medicare supplement plan can seem like a daunting task. While the basic Medicare supplement plans (Plans A – N) are standardized at the federal government level, there are still many variations and nuances that occur at the state level. For example, some states may charge different rates for males than they do for females; some states won’t ask questions…

Cancer insurance website features importance of awareness as well as coverage

April 10, 2013February 28, 2014 Julie Campbell

The site may recommend the additional protection that a policy can provide, but it also provides additional resources. A cancer insurance specialty website called CancerInsuranceInfo.com has just re-launched with a new design and direction that is geared toward assisting individuals not only in obtaining the coverage that they need, but also in improving the way that they live their lives to stay healthier and make a bigger difference to those who already have the disease. The website shows that while coverage gives peace of mind, the true goal is to…