Securing your health insurance identification card is as important as protecting your credit cards. Information on the I.D. card may be used to file false claims, or used as part of a scheme to steal one’s identity. As there is no industry standard when it comes to health insurance identification cards, some insurers and government […]
The federal government will begin enforcing the Transparency in Coverage Rule (TCR) in July, 2022. Essentially, the rule states that insurers must publicly post machine readable files that include pricing on all covered items and services. Commercial and self-insured health plans must post such files. The TCR includes three different types of files, though the […]
When dealing with Affordable Care Act (ACA) policies, once you have met the annual deductible, co-pays, pharmacy, and co-insurance, you have reached the maximum amount of money you will spend on medical care in a given year. Note that your monthly premium is not included in the maximum out of pocket. Once the max out […]
