Archive for the ‘Health Insurance’ Category

qualifying events for health insurance?

We’ve all heard about “qualifying events for health insurance” but, most of us don’t know what it is all about. In short, when you enroll in an health insurance plan, you are told that you can only make changes to it if a qualifying event occurs. It is of utmost importance to understand qualifying events if you plan for changes in the future.

Quote: A Qualifying Event is a condition such as terminal illness or a event that permits an acceleration or continuation of benefits or coverage. It’s an occurrence that dramatically changes your health insurance needs. (more…)

How to Choose Personal Health Insurance

Selecting a personal health insurance plan can be intimidating. The purpose of insurance is to safeguard against the unknown. Unfortunately, it can be hard to decide what’s essential and what’s extraneous. However, there are three important aspects to consider when choosing your personal health insurance plan:

1. Absolutely Necessary Coverage

First, consider what coverage you absolutely must have. If you’re planning on starting a family, some sort of maternity coverage will be important. Alternatively, if you’re done having children or have no immediate plans to have a baby, you can forgo this option. (more…)

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