PostWhat is Self-employment income?
Self-employment income refers to the money earned by individuals who work for themselves rather than being employed by a company or organization. It is an increasingly popular way of making a living, ...
Health Insurance Basics
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PostPostWhat is section 125 health insurance plan?
Section 125 health insurance plan, also known as a cafeteria plan or a flexible benefits plan, is a type of employee benefit plan that allows employees to choose from a variety of pre-tax benefits. Th...
PostWhat is secondary plan health insurance?
Secondary plan health insurance refers to an additional insurance policy that helps cover the costs not covered by the primary health insurance plan. It serves as a supplement to the primary coverage,...
PostWhat is Second lowest cost Silver plan (SLCSP)?
Health insurance is an essential component of ensuring our well-being and financial security. Among the various health insurance plans available, one option worth exploring is the Second Lowest Cost S...
PostWhat is Same-sex marriage?
Same-sex marriage refers to the union between two individuals of the same gender. It is a concept that has gained increasing recognition and acceptance in recent years, sparking debates and discussion...
PostWhat is Rider (exclusionary rider)?
A rider is an additional provision or amendment to an insurance policy that modifies or adds coverage to the policyholder’s plan. It serves as a supplement to the main insurance policy, allowing...
PostWhat is rescission?
Rescission is a legal concept that has significant implications in various fields, including insurance, real estate, and contract law. In simple terms, rescission refers to the act of canceling or voi...
PostWhat is Rental or royalty income?
In the world of finance, rental and royalty income are two terms that often come up when discussing sources of income. Both types of income are earned through the use of certain assets, but they diffe...
PostWhat is reinsurance?
Reinsurance is a vital component of the insurance industry that helps manage and spread risk among insurance companies. It acts as a safety net for insurers, allowing them to transfer a portion of the...
PostWhat is Reconcile?
Reconciliation is a concept that holds significant value in various aspects of life, such as accounting, relationships, and even politics. In understanding the concept of reconciliation, it is essenti...
PostWhat is reasonable and customary fees?
In the complex world of healthcare billing and insurance, one term that often causes confusion and frustration among patients is “reasonable and customary fees.” These fees play a signific...
PostWhat is Rate review?
In the world of insurance, rate review plays a crucial role in ensuring fairness and transparency. It involves a comprehensive evaluation of proposed insurance rates to determine their reasonableness ...
PostWhat is Quality ratings (“star” ratings)?
Quality ratings, commonly referred to as “star” ratings, are a widely recognized and utilized system for evaluating the quality or performance of products, services, or experiences. These ...
PostWhat is Qualifying life event (QLE)?
A qualifying life event (QLE) is a term commonly used in the context of health insurance coverage. It refers to a specific event that allows individuals or families to make changes to their health ins...
PostWhat is qualifying event?
A qualifying event is an important concept in the realm of insurance coverage. It refers to certain life events that trigger a special enrollment period, during which individuals can make changes to t...
PostWhat is provider?
In our increasingly interconnected world, the term “provider” has taken on various meanings and contexts. From healthcare to internet services, education to essential commodities, provider...
PostWhat is private health insurance?
Private health insurance is a type of insurance policy that provides coverage for medical expenses and healthcare services. Unlike public health insurance programs, such as Medicare and Medicaid, priv...
PostWhat is private exchange?
Private exchange refers to a concept that has gained significant attention in recent years. This article aims to dive into the depths of this intriguing concept, uncovering its definition, evolution, ...
PostWhat is Premium?
Premium is a term that is commonly used across various industries, including insurance, marketing, advertising, and finance. It refers to the additional cost or value associated with a particular prod...
PostWhat is premium subsidies?
Premium subsidies are a significant aspect of the healthcare landscape, with the potential to impact millions of individuals seeking health insurance coverage. Understanding the concept of premium sub...
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