2021

2022 Claims Report Schedule Available

Dec 29, 2021 ClaimLinxComment

The Claims Report Schedule for 2022 is ready for administrators to review. Click to download

Small business insurance has a broad level of coverage, and most providers will call this commercial insurance.

Health Insurance Industry

Understanding Small Business Insurance and What It Means for Your Company

Dec 19, 2021 ClaimLinx1 Comment

Your company must work to reduce risks. While you expect to pay the overhead for

Company Information Company Updates

New Client Service Manager Amy McDonald

Dec 9, 2021 ClaimLinxComment

We are excited to announce a new addition to the ClaimLinx team! Amy McDonald is

Health Insurance Industry Wellness

4 Reasons You Still Need Health Insurance Even If You’re Young and Healthy

Dec 4, 2021 ClaimLinx1 Comment

Health insurance isn’t usually at the top of your must-have list when you’re young, healthy,

Group Health Insurance Health Insurance Companies Health Insurance Industry

How A Health Insurance Agent Can Help You Find the Best Plan for You

Nov 20, 2021 ClaimLinxComment

Ohio residents pay an average of $471 a month for their health insurance if they’re

How the ARP makes marketplace health plans more affordable for older buyers

Health Insurance Industry

Ohio Senior Health Insurance: What Is It And Do You Qualify?

Nov 8, 2021 ClaimLinxComment

Seniors spend an estimated $6,668 per year on health care, according to the Bureau of

Supplemental Insurance

What Is Principal Dental Insurance?

Oct 20, 2021 ClaimLinxComment

Principal Dental insurance plans offer enrollees the opportunity to join an employer’s group dental coverage.

What is Medicare Supplement Insurance? Supplement insurance, or Medigap insurance, is just like it sounds: insurance that fills in the gaps. For example, in the scenario above, this type of insurance would kick in and cover the $12,000 that original Medicare doesn't cover. Roughly 24% of all beneficiaries on Medicare purchase Medicare supplement Insurance What's Included in Medicare Part A and B? If you're on original Medicare, this means that you're on both Medicare Part A and Part B. Medicare Part B covers about 80% of the costs for approved: • Doctor services • Medical equipment • Outpatient therapy On top of the 20% of the costs, you'll be required to pay a deductible of just over $200 in 2021. While you may not pay for Medicare Part A, you will be responsible for paying for Part B if you want this additional coverage. Supplement insurance is sold through private insurance companies and will offer additional coverage, such as: • Costs of doctor visits • Services rendered outside of the US Insurance companies cannot disqualify you from these programs based on preexisting conditions either. Cost of Medicare Supplement Insurance Is this type of insurance worthwhile for you? It depends. You'll be required to pay additional money to these programs, and they can be very expensive. While the average person paid $152 per month for supplemental insurance in 2018, prices may be much higher for the individual. Depending on multiple factors, the cost of these plans can range from $50 to $650. Factors that contribute to the overall cost are: • Age • Location • Deductible However, some individuals may benefit from state programs that offer to pay for some or all of these costs. Often, low-income individuals will qualify for state assistance, so they'll benefit from low or no cost for their supplemental insurance. Additionally, there may be options to help cover the cost of prescription medications, too. When considering whether signing up for one of these programs is the right thing to do, it's important to note that Original Medicare does not have a limit on out-of-pocket expenses. So, you'll continue to pay 20% out-of-pocket whether the bill is $200 or $2 million. There are options outside of Medigap, such as Medicare Advantage plans that will roll Part A and B into one plan as well as offer prescriptions for free. Medicare supplement insurance is often a good choice if you don't have coverage through a union or employer and you're enrolled in Original Medicare.

Affordable Care Act Health Insurance Industry Medicare Supplemental Insurance

Is Medicare Supplement Insurance Right For You?

Oct 10, 2021 ClaimLinx1 Comment

Medicare is available for people who are 65 or older or individuals that suffer from

Group Health Insurance Health Insurance Companies Health Insurance Industry

5 Things You Should Understand About Your Health Insurance Policy

Sep 20, 2021 ClaimLinx1 Comment

What is Health Insurance? Health Insurance is the kind of insurance that mostly can pay

Benefits Group Health Insurance Health Benefits

3 Best Health Insurance Plans For Small Business Owners

Sep 10, 2021 ClaimLinx1 Comment

The terms of Business provided health insurance have been altered since the Affordable Care Act

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