I live in Indiana
--------------------
In Indiana, as long as you are a full time student, and your parents' legal dependent, you can stay on their employer's group health insurance plan until you are 24.
Source
Saturday, July 2, 2011
Is optima health or anthem health insurance better?
I'm 22 not married, no kids, and looking for a reliable insurance and plan
--------------------
Optima is a very small company. In Virginia you have many other options. Anthem is good, but Aetna, United Health, etc... are good sellers there as well. If you're a female I'd recommend the Anthem and adding their maternity rider since it provides comprehensive coverage. Go to my site... http://www.InsurancePickle.com Click on the pickle and you can compare plans that are available to you. The quoting tool requires no personal information to use.
Source
--------------------
Optima is a very small company. In Virginia you have many other options. Anthem is good, but Aetna, United Health, etc... are good sellers there as well. If you're a female I'd recommend the Anthem and adding their maternity rider since it provides comprehensive coverage. Go to my site... http://www.InsurancePickle.com Click on the pickle and you can compare plans that are available to you. The quoting tool requires no personal information to use.
Source
How old can you be and still get health insurance if you are a full time student and live with your parents?
I live in Indiana
--------------------
health-quotes.talk4fun.net - my family have this health insurance. It is affordable and has good coverage for dental issues.
Source
--------------------
health-quotes.talk4fun.net - my family have this health insurance. It is affordable and has good coverage for dental issues.
Source
what is the best health insurance in california?
i could either choose blue cross hmo or ppo or kaiser hmo..not sure which is best?
--------------------
A lot will depend on your specific situation (age, zip code, health issues, etc.) but Blue Cross Blue Shield of California and Kaiser Permanente are both very strong CA health insurance companies. Shop around and compare quotes from at least 3-5 different CA health insurance companies and then you will be able to make a good decision. Here is some more information about finding the best California health insurance:
Source
--------------------
A lot will depend on your specific situation (age, zip code, health issues, etc.) but Blue Cross Blue Shield of California and Kaiser Permanente are both very strong CA health insurance companies. Shop around and compare quotes from at least 3-5 different CA health insurance companies and then you will be able to make a good decision. Here is some more information about finding the best California health insurance:
Source
How do i get affordable health insurance in new york?
I make 40k a year but i live in nyc so i cant afford a standard plan. Just need for myself 37 yr old male Thanks
--------------------
If you're healthy and not overweight, a good low/no deductible plan for just you, will cost around $400 a month. There are lots of places that do online health insurance quotes. The vast majority of them, harvest your personal information and sell it as "leads" to other agents - lots of agents. Plus, the quote you get, is a "bait" quote - when you go to actually buy the insurance, and put more personal information in, the rate will change - sometimes drastically, and sometimes they'll flat out refuse to give you coverage. With health insurance, you get what you pay for. Each state has different coverages and plans. It's almost impossible to compare plans - meaning coverage - effectively, for 50 different states, and if you're shopping based on price, you're probably shortchanging yourself. The safest way to get a REAL health insurance quote, not have your personal information harvested and sold, and not be scammed by being sold a fake policy or a discount plan instead of insurance, is to shop for health insurance with a LOCAL, independent agent.
Source
--------------------
If you're healthy and not overweight, a good low/no deductible plan for just you, will cost around $400 a month. There are lots of places that do online health insurance quotes. The vast majority of them, harvest your personal information and sell it as "leads" to other agents - lots of agents. Plus, the quote you get, is a "bait" quote - when you go to actually buy the insurance, and put more personal information in, the rate will change - sometimes drastically, and sometimes they'll flat out refuse to give you coverage. With health insurance, you get what you pay for. Each state has different coverages and plans. It's almost impossible to compare plans - meaning coverage - effectively, for 50 different states, and if you're shopping based on price, you're probably shortchanging yourself. The safest way to get a REAL health insurance quote, not have your personal information harvested and sold, and not be scammed by being sold a fake policy or a discount plan instead of insurance, is to shop for health insurance with a LOCAL, independent agent.
Source
Why was Obama against mandated health insurance in the campaign but pushed it through once elected?
Could he be considered a liar for deceiving the American people about his intentions?
--------------------
Obama said a lot of untrue bullshi*. BIG SURPRISE EVERYONE!
Source
--------------------
Obama said a lot of untrue bullshi*. BIG SURPRISE EVERYONE!
Source
Can your spouse legally cancel you and dependents from health insurance policy.?
There are no legal papers and during open enrollment my spouse who I am separating from canceled me and our four dependents from insurance without notifying me during open enrollment; understand this is legal to do. However, because he did not notify me, I have now missed my 30 period to apply for benefits at my current employer leaving me with no coverage until open enrollment next year. Is this an appropriate action? Would he have to notify me?
--------------------
Yes. During open enrollment, the plan subscriber - your spouse - can choose which, if any, dependents they keep insured, or drop. YOU don't get entitled to any notification, as YOU are not the plan subscriber. Is it appropriate? No, it shows that your marriage is in crisis, that you're not talking about that kind of stuff. That's a bigger problem than not having health insurance, IMO.
Source
--------------------
Yes. During open enrollment, the plan subscriber - your spouse - can choose which, if any, dependents they keep insured, or drop. YOU don't get entitled to any notification, as YOU are not the plan subscriber. Is it appropriate? No, it shows that your marriage is in crisis, that you're not talking about that kind of stuff. That's a bigger problem than not having health insurance, IMO.
Source
Have you ever been denied health insurance coverage because you are a woman?
I was watching Nancy Pelosi make the final argument for health-care reform when she said something like, "People will no longer be denied coverage for the precondition of being a woman." I'm just wondering if this has really happened to you or someone you know.
--------------------
If a woman is the victim of domestic violence, has had a Cesarean or even has been pregnant, it is usually considered a preexisting condition. Women are charged more than men for the same coverage. Insurance companies in most states are allowed to charge a business more for coverage if it employs women.
Source
--------------------
If a woman is the victim of domestic violence, has had a Cesarean or even has been pregnant, it is usually considered a preexisting condition. Women are charged more than men for the same coverage. Insurance companies in most states are allowed to charge a business more for coverage if it employs women.
Source
I was discharged from the Army 2 days ago, no health insurance yet. I need to go to the doctor. What do I do?
I was discharged from the Army 2 days ago and have no job or civilian health insurance yet. I am really sick and need antibiotics. I tried calling the VA to find out what I should do, but they are closed for the weekend. Am I covered by the government at all or is this going to be out of pocket? What do I do???
--------------------
Your eligibility to continue to receive government-sponsored health care is determined by the nature of your separation. Voluntary Separation: If you separate voluntarily, you and your family are not eligible to use military treatment facilities or the TRICARE health care plan. However, you may purchase extended transitional health care insurance, for up to 18 months of coverage, through the Continued Health Care Benefit Program (CHCBP). You have 60 days after separation to enroll in CHCBP. Your coverage will start the day after your separation. See your Health Benefits Advisor for more specific information. Eligible Involuntary Separation: You and your family are authorized to use military treatment facilities for a period of 60 days (if you served fewer than six years) or 120 days (if you served six years or more). During this period of transitional health care, you will have the same priority as family members of active duty personnel. After this 60-/120-day period, you and your family are no longer eligible to use military treatment Continued Health Care Benefit Program (CHCBP) Under the CHCBP program, separating military personnel may purchase temporary, TRICARE-like transitional medical coverage for three months at a time, for up to 18 months total. The CHCBP program covers pre-existing conditions. DoD uses a civilian third-party administrator to provide information, marketing and administrative support. You have 60 days after your initial transitional health care ends to purchase CHCBP. To request an application, obtain premium rates and get more information, visit the CHCPB website at http://www.tricare.osd.mil/chcbp/. Dishonorable discharge=Nothing Less than honorable as well. VA provides necessary dental treatment for veterans who were not able to receive a dental examination and treatment within 90 days of discharge or separation from military service
Source
--------------------
Your eligibility to continue to receive government-sponsored health care is determined by the nature of your separation. Voluntary Separation: If you separate voluntarily, you and your family are not eligible to use military treatment facilities or the TRICARE health care plan. However, you may purchase extended transitional health care insurance, for up to 18 months of coverage, through the Continued Health Care Benefit Program (CHCBP). You have 60 days after separation to enroll in CHCBP. Your coverage will start the day after your separation. See your Health Benefits Advisor for more specific information. Eligible Involuntary Separation: You and your family are authorized to use military treatment facilities for a period of 60 days (if you served fewer than six years) or 120 days (if you served six years or more). During this period of transitional health care, you will have the same priority as family members of active duty personnel. After this 60-/120-day period, you and your family are no longer eligible to use military treatment Continued Health Care Benefit Program (CHCBP) Under the CHCBP program, separating military personnel may purchase temporary, TRICARE-like transitional medical coverage for three months at a time, for up to 18 months total. The CHCBP program covers pre-existing conditions. DoD uses a civilian third-party administrator to provide information, marketing and administrative support. You have 60 days after your initial transitional health care ends to purchase CHCBP. To request an application, obtain premium rates and get more information, visit the CHCPB website at http://www.tricare.osd.mil/chcbp/. Dishonorable discharge=Nothing Less than honorable as well. VA provides necessary dental treatment for veterans who were not able to receive a dental examination and treatment within 90 days of discharge or separation from military service
Source
Where do I find "florida health insurance"?
I am looking for a health insurance quote for florida health insurance. I am looking for cheap florida health insurance.
--------------------
I just got a new Florida Health Insurance Policy from Mike Hrad, at 239-699-1543. He is with www.healthinsuretoday.com and they have insurance from excellent companies like United Health Care, Aetna,Humana,Blue Cross Blue Shield of FLorida (bcbs). The policy was approved in less than 3 days and he responded to all my questions very professionally. Good luck with your florida health insurance.
Source
--------------------
I just got a new Florida Health Insurance Policy from Mike Hrad, at 239-699-1543. He is with www.healthinsuretoday.com and they have insurance from excellent companies like United Health Care, Aetna,Humana,Blue Cross Blue Shield of FLorida (bcbs). The policy was approved in less than 3 days and he responded to all my questions very professionally. Good luck with your florida health insurance.
Source
What impact will the new government health care insurance have on jobs in the health care field?
I am planning on going into nursing, but I'm afraid that this will greatly reduce job opportunities and cut the pay of health care workers.
--------------------
if nursing is what you want to do then do it. It will always be in demand. With this d@mn health care crap in play, they might cut pay. Sure more people, but it's basically medicaid for all. Medicare pays like sh!t. Therefore hospitals make less. They can't pay too little though or the hospitals will lose nurses. But keep in mind try to work for a private hospital. They can accept or decline any insurance they want. So besides in the er where you have to stabilize any and all patients, regardless of pay, the private hospitals and md offices will possibly/probably refuse or limit the number of patients with this government insurance. Don't change what you want to do or become because of what might happen. Who knows, obama may be voted out next election and the new president might veto this health care plan. And things will be back to normal. If you want to be a nurse, then do it. If you change to do something else because of this you might not be as happy. Good luck!
Source
--------------------
if nursing is what you want to do then do it. It will always be in demand. With this d@mn health care crap in play, they might cut pay. Sure more people, but it's basically medicaid for all. Medicare pays like sh!t. Therefore hospitals make less. They can't pay too little though or the hospitals will lose nurses. But keep in mind try to work for a private hospital. They can accept or decline any insurance they want. So besides in the er where you have to stabilize any and all patients, regardless of pay, the private hospitals and md offices will possibly/probably refuse or limit the number of patients with this government insurance. Don't change what you want to do or become because of what might happen. Who knows, obama may be voted out next election and the new president might veto this health care plan. And things will be back to normal. If you want to be a nurse, then do it. If you change to do something else because of this you might not be as happy. Good luck!
Source
i like most educated citizens of the world feel that all people deserve health insurance, despite their race,?
color, creed, level of income, level of education, religious affiliation, political ideology, intelligence, or what kind of car they drive. why do conservatives think only rich white people deserve health insurance? insurance companies are so greedy, they will charge such high prices that no one will be able to afford their services except the rich people and everyone will die! is that what you want? or do you want reform and change and hope? i, like most educated citizens of the world want reform hope and change... do you?
--------------------
Way too interdependent for me. I don't even have health insurance. Thanks but NO thanks.
Source
--------------------
Way too interdependent for me. I don't even have health insurance. Thanks but NO thanks.
Source
Has anyone tried Cinergy Health Insurance?
I had them call me to give me quites and it sounded a little too good to be true. They didn't ask me many questions. They just asked me my age and told me I was approved. Then they gave me a quote which in my opinion was around the same price as most 'real" health insurance companies offer. It sounded fishes so I told them to call me back. Has any one tired them? If so how is it?
--------------------
First of all it's not health insurance, it's a 'discount plan' and there is no approval process. The approval process is whether your credit card or your bank information goes through. And, it's not that the plan is discounted, it's just that services that you receive MAY be discounted, but they also MAY NOT. Discount plans are very dangerous plans. Insurance commissioner's offices in many states have posted consumer warnings and even the FTC has posted one. I have the FTC warning on my site (link below). The most important thing to understand is that a discount plan does not make ANY payment to the provider. So, if you racked up $120,000 of medical bills and it was discounted to $100,000, you'd be responsible for that $100,000 bill. Also, you need to understand that an insurance plan (99% of the time) will give you the same discounts (if not better) anyway, so having both plans is a waste of money. After the discount, the discount plan is done. With insurance you'd pay your deductible and then your percentage of the costs. So with my example about if you had an insurance plan with a $2400 out of pocket maximum you'd only be responsible for $2400 of the $100,000. So, when they say "no deductible" don't get excited because that means you're responsible for all costs. They certainly make it sound like a good thing though don't they? Read my article for a better explanation and also download the FTC report. http://insurancepickle.com/health-insura… Also, plans like this new "I Can Benefit" which claim to be 'real insurance' can do so because they make a payment to the provider (in some cases), but the problem is if they give you $500 per day in a hospital and the hospital costs $7500 per day you'd have to come up with the $7000 difference. So, although it might be 'real insurance,' it's still not real comprehensive. An insurance broker could help you out to determine whether it's any good. The moral of the story is a Cadillac insurance plan may cost more than a discount plan, but there are many, many insurance plans that actually cost less than discount plans. Finally, the person selling the discount plan has NO LICENSE since NO LICENSE is required to sell them. AND, they have no license to lose by lying to you either. Get an insurance broker to go over your options. I get calls daily from someone who had been scammed by one of these companies and usually they don't figure it out until it's too late. So, unless you feel like getting stuck with a 5 or 6 digit hospital bill and find out the hard way find an insurance broker to help you out. An insurance broker costs nothing to use and can show you multiple plans from multiple companies. Usually they're looking to develop a long term relationship with you and can help you going forward. The discount plan salesperson will be working somewhere else in a couple months. Hope that helps, http://www.InsurancePickle.com
Source
--------------------
First of all it's not health insurance, it's a 'discount plan' and there is no approval process. The approval process is whether your credit card or your bank information goes through. And, it's not that the plan is discounted, it's just that services that you receive MAY be discounted, but they also MAY NOT. Discount plans are very dangerous plans. Insurance commissioner's offices in many states have posted consumer warnings and even the FTC has posted one. I have the FTC warning on my site (link below). The most important thing to understand is that a discount plan does not make ANY payment to the provider. So, if you racked up $120,000 of medical bills and it was discounted to $100,000, you'd be responsible for that $100,000 bill. Also, you need to understand that an insurance plan (99% of the time) will give you the same discounts (if not better) anyway, so having both plans is a waste of money. After the discount, the discount plan is done. With insurance you'd pay your deductible and then your percentage of the costs. So with my example about if you had an insurance plan with a $2400 out of pocket maximum you'd only be responsible for $2400 of the $100,000. So, when they say "no deductible" don't get excited because that means you're responsible for all costs. They certainly make it sound like a good thing though don't they? Read my article for a better explanation and also download the FTC report. http://insurancepickle.com/health-insura… Also, plans like this new "I Can Benefit" which claim to be 'real insurance' can do so because they make a payment to the provider (in some cases), but the problem is if they give you $500 per day in a hospital and the hospital costs $7500 per day you'd have to come up with the $7000 difference. So, although it might be 'real insurance,' it's still not real comprehensive. An insurance broker could help you out to determine whether it's any good. The moral of the story is a Cadillac insurance plan may cost more than a discount plan, but there are many, many insurance plans that actually cost less than discount plans. Finally, the person selling the discount plan has NO LICENSE since NO LICENSE is required to sell them. AND, they have no license to lose by lying to you either. Get an insurance broker to go over your options. I get calls daily from someone who had been scammed by one of these companies and usually they don't figure it out until it's too late. So, unless you feel like getting stuck with a 5 or 6 digit hospital bill and find out the hard way find an insurance broker to help you out. An insurance broker costs nothing to use and can show you multiple plans from multiple companies. Usually they're looking to develop a long term relationship with you and can help you going forward. The discount plan salesperson will be working somewhere else in a couple months. Hope that helps, http://www.InsurancePickle.com
Source
Can a person with expensive health insurance worth more dead than alive ? Would there be motive, means and?
opportunity to kill them ?
--------------------
Depends on if they have life insurance as well :)
Source
--------------------
Depends on if they have life insurance as well :)
Source
Where can I buy inexpensive health insurance on line?
I am age 22 and out of work.
--------------------
healthplans.my-age.net - my family have this health insurance. It is affordable and has good coverage for dental issues.
Source
--------------------
healthplans.my-age.net - my family have this health insurance. It is affordable and has good coverage for dental issues.
Source
Why should employers be required by law to provide health insurance for its workers?
Shouldn't this be an individuals responsibility? What right does the government have to tell someone he has to pay for someone elses health care?
--------------------
TAXATION WITHOUT REPRESENTATION!
Source
--------------------
TAXATION WITHOUT REPRESENTATION!
Source
I don't have health insurance. How much do I have to whine and cry until you will give it to me?
I'm warning you, I can cry and whine a really really lot!!! So you better just give it to me you greedy rich people!
--------------------
Get a job and get off welfare and pull your begging hand back in before it gets chopped off then we can talk.
Source
--------------------
Get a job and get off welfare and pull your begging hand back in before it gets chopped off then we can talk.
Source
When a child has CHIP health insurance, is the cost added to a child support?
order to reimburse the government? Does anyone know how much more? My husband has a review and his ex has put their child on Texas CHIP.
--------------------
yes
Source
--------------------
yes
Source
What health insurance companies are the best in Texas?
What are the top 5?
--------------------
Health insurance can be very tricky. Since I live in North Carolina I'm not sure about Texas laws and regulations, so I suggest you call a nearby health insurance agent. http://www.goodinternetdeals.com/Health-Insurance.html They should be able to help you.
Source
--------------------
Health insurance can be very tricky. Since I live in North Carolina I'm not sure about Texas laws and regulations, so I suggest you call a nearby health insurance agent. http://www.goodinternetdeals.com/Health-Insurance.html They should be able to help you.
Source
Question about European Health Insurance Card?
Well I made the application with this forwarding service that charges £10 (yes I know it's a scam). I was just wondering whether they will send off the application as normal and whether there will be any delay. The nhs official website is currently unavailable for the European Health Insurance applications so im wondering whether that will have any affect on the process.
--------------------
Go to the post office, fill out a form and get the post office send it over night for you then you will get your card through the post 10 days later roughly.
Source
--------------------
Go to the post office, fill out a form and get the post office send it over night for you then you will get your card through the post 10 days later roughly.
Source
If I transfer colleges in the middle of the year can I still be on my parents' health insurance?
I want to transfer from a university to a community college this coming up spring semester. My brother says I can't do that because even though I will still be in college, it will be a different college which means I'll no longer be on my parents' insurance and I don't have a job to pay for my own. It seems to me that it doesn't matter what college I go to, as long as I go to one as a full-time student I should still be on their insurance, right?
--------------------
as long as you are in school for any 5 months during the calendar year, you can stay on their insurance - changing schools affects nothing - what does your brother know?
Source
--------------------
as long as you are in school for any 5 months during the calendar year, you can stay on their insurance - changing schools affects nothing - what does your brother know?
Source
With the Health Care Reform, what are people going to do that can't afford insurance?
For the people without Health Insurance that make 20k or less a year, what are they going to do since they have to buy insurance and can't afford it
--------------------
http://Cheap-Health-Insurance-Quote-USA.blogspot.com/ has a few questions and they will give you an estimate from a ton of different health insurance companies with the lowest price from all companies in your area. It's free, easy, and fast.
Source
--------------------
http://Cheap-Health-Insurance-Quote-USA.blogspot.com/ has a few questions and they will give you an estimate from a ton of different health insurance companies with the lowest price from all companies in your area. It's free, easy, and fast.
Source
Is it illegal to "write off" health insurance copays and deductibles?
I work for a professional office where a patient inquired if we can write off his/her copay. Can anyone provide documentation stating if this is legal or not? I appreciate your thoughts in advance.
--------------------
There are three words that people often misunderstand and misuse. They are: co-pay(ment), coinsurance, and deductible. A deductible is the amount a person MUST PAY before their insurance will begin processing claims for payment in any given year. The amount is applied to the first claim(s) that are received during the year, and the patient must make payment to the provider of service whenever an amount is applied to their deductible. Co-insurance is the amount that the insurance company does not pay, after the deductible has been met. Typically, the insurance will pay 80% of the allowable amount, and the insured member is responsible for the other 20%. Both of these concepts, deductible and co-insurance, are cost share obligations under a traditional indemnity, or fee-for-service health insurance plan. A co-payment is completely different, and pertains to a managed care plan. The co-pay is the managed care (HMO, MCO, etc.) cost share obligation. Managed care IS NOT INSURANCE! So laws that regulate insurance companies in regard to claims, benefits, etc., do not apply. Managed care is referred to as a "subscription plan," because it does not constitute the issuance of a certificate of insurance. Read the rules of managed care. The patient CANNOT see the doctor until they make their co-payment. Managed care is governed by federal law and is not open to interpretation. To "write-off" a co-pay, or to allow a patient in to see the doctor without collecting the co-payment, is against the law! This flies in the face of traditional indemnity insurance, and because so many people are not familiar with the laws governing managed care (including doctors and administrators) they believe that the same rules apply. They do not. Traditionally, even if an established patient owes the doctor money, we must still let them in to see the doctor. As opposed to managed care, where the patient cannot see the doctor until the co-payment has been made. Having said that, deductibles and co-insurance amounts cannot just be written off. IRS code demands that we do one of two things before we write it off. And understand, an adjustment is different from a write-off. You eat an adjustment. Write-offs can be included on your Schedule C, and be accounted toward your profit and loss statement for the year. The IRS demands that we either: 1.) Substantiate that the patient suffers a financial hardship; 2.) make a collection effort. A financial hardship is more laborious and time consuming, but offers better protection if you are audited. Basically, you must gather paycheck stubs, tax info, mortgage or rent info, car note info, utilities bills, and anything that will assist in documenting the fact that the patient suffers a financial hardship. This process must be repeated every 180 days. However, once established, you can simply write the amounts off that the patient would normally owe. Making a collection effort is defined by the IRS as sending a bill (statement) once each 30 days for a period of 90 days, followed by a demand letter on day 120. If funds are not received to reimburse us for that expense, we can then write it off. These are the rules as stated by the IRS when it comes to write off allowances. The managed care scenario is covererd by federal law, so please be careful what you do. There are no HIPAA police looking in our windows. There are no IRS police, either. But it only takes one patient to complain, and an audit can ensue. Hope that helps!
Source
--------------------
There are three words that people often misunderstand and misuse. They are: co-pay(ment), coinsurance, and deductible. A deductible is the amount a person MUST PAY before their insurance will begin processing claims for payment in any given year. The amount is applied to the first claim(s) that are received during the year, and the patient must make payment to the provider of service whenever an amount is applied to their deductible. Co-insurance is the amount that the insurance company does not pay, after the deductible has been met. Typically, the insurance will pay 80% of the allowable amount, and the insured member is responsible for the other 20%. Both of these concepts, deductible and co-insurance, are cost share obligations under a traditional indemnity, or fee-for-service health insurance plan. A co-payment is completely different, and pertains to a managed care plan. The co-pay is the managed care (HMO, MCO, etc.) cost share obligation. Managed care IS NOT INSURANCE! So laws that regulate insurance companies in regard to claims, benefits, etc., do not apply. Managed care is referred to as a "subscription plan," because it does not constitute the issuance of a certificate of insurance. Read the rules of managed care. The patient CANNOT see the doctor until they make their co-payment. Managed care is governed by federal law and is not open to interpretation. To "write-off" a co-pay, or to allow a patient in to see the doctor without collecting the co-payment, is against the law! This flies in the face of traditional indemnity insurance, and because so many people are not familiar with the laws governing managed care (including doctors and administrators) they believe that the same rules apply. They do not. Traditionally, even if an established patient owes the doctor money, we must still let them in to see the doctor. As opposed to managed care, where the patient cannot see the doctor until the co-payment has been made. Having said that, deductibles and co-insurance amounts cannot just be written off. IRS code demands that we do one of two things before we write it off. And understand, an adjustment is different from a write-off. You eat an adjustment. Write-offs can be included on your Schedule C, and be accounted toward your profit and loss statement for the year. The IRS demands that we either: 1.) Substantiate that the patient suffers a financial hardship; 2.) make a collection effort. A financial hardship is more laborious and time consuming, but offers better protection if you are audited. Basically, you must gather paycheck stubs, tax info, mortgage or rent info, car note info, utilities bills, and anything that will assist in documenting the fact that the patient suffers a financial hardship. This process must be repeated every 180 days. However, once established, you can simply write the amounts off that the patient would normally owe. Making a collection effort is defined by the IRS as sending a bill (statement) once each 30 days for a period of 90 days, followed by a demand letter on day 120. If funds are not received to reimburse us for that expense, we can then write it off. These are the rules as stated by the IRS when it comes to write off allowances. The managed care scenario is covererd by federal law, so please be careful what you do. There are no HIPAA police looking in our windows. There are no IRS police, either. But it only takes one patient to complain, and an audit can ensue. Hope that helps!
Source
Is it legal for an employer to cancel health insurance without giving any notice in the state of texas?
How much notice does an employer have to give? If any?
--------------------
It's 100% legal. The insurance company will send you a list of possible options.
Source
--------------------
It's 100% legal. The insurance company will send you a list of possible options.
Source
Subscribe to:
Posts (Atom)