Illinoisinsurance.org

Health Insurance Options :: Illinois Insurance Association

WebIf you work, find out if the employer offers group health benefits. The company may offer employer-sponsored health insurance or have a self-funded health plan administered by …

Actived: 1 days ago

URL: https://www.illinoisinsurance.org/news-updates/health-insurance-options

Insight into Illinois' health insurance marketplace

WebThe state health insurance marketplace is called 'Get Covered Illinois.' Get Covered Illinois helps individuals and families shop for and secure health insurance. Click on the link …

Category:  Health Go Health

What are health insurance provider networks

WebThis term refers to health care professionals (doctors, nurse practitioners, therapists, etc.) and facilities (hospitals, clinics, pharmacies, etc.) that have payment agreements with the …

Category:  Health Go Health

How do HMO, PPO, and Indemnity health plans differ

WebHealth insurance terms can certainly be confusing. Click on the link for a brief overview of HMO, PPO, and Indemnity health insurance plans.

Category:  Health Go Health

How do the different deductibles work on my family health …

WebEmbedded deductible plans have one threshold for individual family members and a second overall cap for the entire family. Individual deductibles are often half the maximum amount.

Category:  Health Go Health

What is a self-funded health plan

WebMany large employers make health coverage available through self-funded plans. Instead of buying a group policy from a traditional insurer, the employer establishes a fund to pay …

Category:  Health Go Health

How does group health insurance differ from a self-funded plan

WebAn insurance company assumes health risk and is responsible for paying claims under group health insurance plans. Self-funded plans provide similar health benefits, but …

Category:  Health Go Health

I may lose my job. What should I know about COBRA

WebCOBRA is a federal law that requires most employers with 20 or more workers to offer group health benefits to specified individuals if they lose coverage because of a qualifying …

Category:  Health Go Health

How does a health policy's coinsurance work

WebCoinsurance is the percent you pay after meeting your deductible. A policy with 80-20 coinsurance means the insurance company pays 80 percent of the covered health care …

Category:  Health Go Health

Our 25-year old is on my health insurance. What happens at 26

WebMany young adults have health insurance through a parent's family or group plan, but this option ends at age 26. Upon reaching 26 your daughter will need to have other coverage …

Category:  Health Go Health

Health insurance for 25-year old son on parent's group plan

WebCOBRA is a possibility if your son is currently covered by a group insurance plan that covers 20 or more employees. COBRA law allows the child to continue health benefits, but the …

Category:  Health Go Health

Home :: Illinois Insurance Association

WebThe Illinois Insurance Association (IIA) is an insurance trade association, which effectively and professionally represents member companies before the Illinois legislative, executive …

Category:  Health Go Health

Medicare versus Medicaid for 65 and up :: Illinois Insurance …

WebMedicare and Medicaid both help individuals pay health care and medical expenses. Medicare is an age-based benefit operated by the federal government and funded by …

Category:  Medical Go Health

Losing employer group health insurance

WebMost employers providing health coverage for 20 or more workers are subject to COBRA law. COBRA allows covered employees, spouses, former spouses, dependent children, …

Category:  Health Go Health

Supplement options if you're turning 65 and ready to enroll in …

WebMedicare supplements (also called Medigap) help with deductibles, coinsurance and co-payments not paid by Medicare. Open enrollment lasts six months from the first day of …

Category:  Supplements Go Health

Why does a life insurance application ask such detailed health

WebMost life insurance companies evaluate medical history to assess the applicant's overall health. A life insurer pays the policy death benefit when the insured individual dies. A …

Category:  Medical Go Health

Can a self-employed person get disability insurance

WebLook for a policy that is noncancellable. Disability insurance covers lost income when an illness or injury prevents you from working. There are two different kinds of disability …

Category:  Health Go Health

What happens if my insurance company goes under

WebAs of 2011, property and casualty claims are limited to $500,000 in most cases. Life insurance claims have a maximum of $300,000 per life. Single health insurance claims, …

Category:  Health Go Health

Is there recourse when a health insurance claim is denied

WebStart with verifying policy premium payment status along with deductible, out-of-pocket maximum, and coinsurance requirements. Next, make sure the procedure is typically …

Category:  Health Go Health