Alternative To Traditional Health Plans

The rising cost of traditional healthcare has some Americans seeking ways to access alternatives without busting their monthly budgets. Not all strategies can protect you in case of a medical emergency, though. Keep in mind that some form of standard, Affordable Care Act (ACA)-compatible health plan should still play a part in your healthcare. It pays … Read more

Cheap Car Insurance

Our Home Media study found that companies with the cheapest car insurance rates in 2022 include USAA, Erie Insurance, State Farm, Geico and Progressive. Just because you’re required to have auto insurance doesn’t mean you have to pay a lot to get it. There are many ways to find the cheapest car insurance available to … Read more

Preexisting Condition

What Is a Preexisting Condition? Preexisting condition is a term that refers to a known illness, injury, or health condition that existed before someone enrolls in or begins receiving health or life insurance. This includes illnesses such as heart disease, diabetes, cancer, and asthma. The majority of these conditions are generally considered to be long term and/or … Read more

Minimum Essential Coverage

What Is Minimum Essential Coverage? Minimum essential coverage is a type of health insurance policy an individual needed to meet the shared responsibility provision under the Patient Protection and Affordable Care Act (ACA). Individuals who lacked minimum essential coverage previously were hit with a financial penalty. The Tax Cuts and Jobs Act passed in 2017 removed that … Read more

Children’s Health Insurance Program (CHIP)

What Is the Children’s Health Insurance Program (CHIP)? The Children’s Health Insurance Program (CHIP) provides medical coverage for individuals age 18 and younger whose parents earn too much income to qualify for Medicaid, but not enough to pay for private coverage. Congress passed CHIP in 1997 during the Clinton administration. KEY TAKEAWAYS The Children’s Health … Read more

Best Short-Term Health Insurance Providers

Short-term health insurance (STM) plans are meant to be used when you have a temporary insurance coverage gap. They’re a good fit for those who have lost a job, are no longer eligible for a group insurance plan, find the cost of COBRA plans too expensive, or are not eligible for special enrollment in an Affordable … Read more

Best Affordable Health Insurance Companies

Affordable health insurance once seemed like a pipe dream, yet the passage of the Affordable Care Act changed that for many Americans. Thanks to the sweeping healthcare reform, signed into law by Barack Obama in 2010, households with incomes between 100% and 400% of the federal poverty level (FPL) became eligible for subsidies to bring health insurance … Read more

What Is Health Insurance?

Health insurance is a contract that requires an insurer to pay some or all of a person’s healthcare costs in exchange for a premium. More specifically, health insurance typically pays for medical, surgical, prescription drug, and sometimes dental expenses incurred by the insured. Health insurance can reimburse the insured for expenses incurred from illness or … Read more

Best Health Insurance Companies

BEST FOR MEDICARE ADVANTAGE Aetna An impressive 36 Aetna Medicare Advantage plans sold in 30 states, plus the District of Columbia, received top NCQA ratings (4.0 or greater) in 2021, with Connecticut and Maine being standouts.1 In 2020, Aetna Medicare Advantage Prescription Drug plans were made available in 264 new counties across the country, providing millions … Read more