Insurance Info

One of the growing trends in the health insurance industry is the increased use of consumer-directed health care. It consists of a high-deductible health plan, intended for catastrophic use. The plan is attached to a health savings account, which is used for everyday expenses (such as prescription medications and doctor visits).

In 2009, consumer-directed insurance was clearly a growth segment for individuals, groups, and families. 27 percent more people opted for such a plan in 2009 than the year before. Continue reading ‘Consumer-Directed Family Health Insurance Increases In Popularity’ »

Healthcare reform legislation notwithstanding, the cost of health care has only continued to rise. Some people have taken desperate measures, and become perpetrators of medical identity theft in order to obtain treatment.

Unfortunately, it is innocent victims that suffer. Although everyone–regardless of their insurance status–can receive healthcare through an emergency room, they are often faced with bills afterwards. Unscrupulous individuals who attempt to get out of them through fraud hurt others. Continue reading ‘How Identify Theft Makes Your Health Insurance Plan More Expensive’ »

A paragraph added at the last minute to the health-care bill is causing a road block with many of the lawmakers. The paragraph which describes a $100 million dollar promise in form of federal government aid for extra poor people joining Medicaid in Nebraska is being questioned by many including the Nebraska Senator Ben Nelson who says he has not asked for it and would like to do away with it.

Medicaid, the government’s health insurance program created in 1960s for low income individuals is paid jointly by federal government and states based on states ability to share the cost. Under the Senate bill, the government will pay the entire cost for Medicaid expansion during 2014-2016. After this date the cost will be shared by state and federal funds. The current bill then goes to insure that federal government will continue to pay the whole amount for government sponsored insurance program in Nebraska. Continue reading ‘The Stumbling Block To Health Care’ »