Understanding Prescription Drug Pricing Trends In 2019, the United States spent nearly $370 billion on prescription drugs, keeping trend with significant increases year over year. Although prescription drug spending has historically been a small proportion of national health care costs compared to hospital and physician services, it has grown rapidly in recent years—comprising about 10% […]
Balancing Caregiving and Your Career The demands of caregiving and working a part-time or full-time job can leave you exhausted and stressed. When left untreated, chronic stress can develop into serious health problems, including depression, anxiety and cardiovascular disease. If you are struggling to balance your career with the demands of caregiving, consider the following […]
Although we are still in the midst of a global pandemic, and many are working from home or quarantines are keeping you away from the gym, there are several ways you can get that daily workout in for FREE. Working out is not only good for the body; it is excellent for the mind. We […]
Most major health systems around the country are part of a program through the Center for Medicare and Medicaid Services that provide payments for uninsured patients who have COVID-19. Medical bills are covered through the pandemic legislation relief, the CARES Act. Patients may not be informed of this upfront; ask the question if […]
If you missed the Open Enrollment period and have had a “life” event, read on. Did you know that certain life changes may qualify you to enroll in health insurance coverage outside of the standard enrollment period? Did you or anyone in your household lose qualifying health coverage in the last 60 days? If […]
Did you know there are five factors that can affect how much your health plan’s monthly premium is under the health care law? However, individual states can limit how much these factors come into play. These five factors are: Age: Premiums can be up to 3 times higher for older people than for younger people. […]
Millennials find themselves in the stage of life that may require them to purchase their own insurance. After having aged out of their parent’s insurance coverage and buying or renting a place to live, coverage needs may not be as black and white as one might think. Knowing these five tips will help […]
Beware anything that looks too good to be true! Yes, your parents were actually right on this one. Insurance is just math. If it’s cheaper, there is a reason. I have found that most of the time those reasons look like limits on care. For example, many “cheaper” policies limit cancer coverage to $500,000. […]
Know your max liability So many times, people get hung up on getting a lower deductible and having copays for something to be considered a “good” plan. However, most Americans miss the absolute most important thing in their health insurance documents: The Out-of-Pocket Maximum. This is the most you would pay in one calendar […]
