Certain circumstances make it possible for you to enroll in health coverage outside of the annual open enrollment period, which is the time of year many people can apply for new coverage, change their coverage, or drop coverage.
Welcome to WPS!
Shopping for health insurance can feel overwhelming. Now that you’ve chosen WPS Health Insurance for your coverage needs, we want to make you feel right at home by sharing some tips and tricks for getting the most out of your health plan.
Do you know your copay from your coinsurance? How about the difference between your out-of-pocket limit and your deductible? There’s no doubt about it—health insurance is complicated. It has its own language and you can get lost if you aren’t aware of what the jargon means. Take some time to learn the lingo so you don’t panic when you have a question. Let’s walk through a few more common health insurance terms to help you understand your health coverage better.
There’s no doubt about it, if you ask me—clowns are creepy. Over the past few months, they’ve been popping up in unsettling places around America. Along isolated country roads. In dark alleys. Hanging out in cemeteries. Social media sites have been filled with scary clown pictures. Twitter hashtags for #scaryclown, #killerclown, #creepyclown, and more have been all the rage. And Ronald McDonald is laying low.
When you lose your job, the financial pressure you feel can be overwhelming. As if losing your primary source of income isn’t worrisome enough, for most people that also means losing your health insurance. And studies have found medical bills to be the top cause of personal bankruptcy in America.
Self-funded group health plans, also referred to as administrative services only (ASO) or self-insured plans, have been an option for larger employers for years. But with group health plan costs continuing to rise under the Affordable Care Act (ACA), self-funding is now appealing to smaller employers as well. Why? Because self-funded plans are exempt from many of the Affordable Care Act’s requirements, and because there’s a chance they may save some money.
If you were born between about 1980 and about 2000, you fall into the Millennial generation. If you were born in the earlier end of this time frame, you’re now in your mid-30s. You’ve likely had health insurance for a few years. But if you were born in the middle of the range or toward the end of it, a health plan is probably not something you’ve thought about much. Or at all.
Ah, summer vacation! The sun is shining, the kids are getting along, and all accommodations are set. You and your family are ready for some fun in the sun, when suddenly–sickness strikes.
Health insurance is most often a beneficial thing to have. When you get sick or injured, it helps you pay your medical bills. The trick with using your health plan is knowing what it covers and what it doesn’t. There can be unexpected costs if you don’t know how your plan works.
Most health plans have lists of services that are covered, lists of services that are not covered, and lists of services that might be covered if you meet certain requirements. Prior authorizations deal with that third type.