Anyone who has had to take over care of a declining family member knows that helping someone who is unable to perform basic daily activities can be both exhausting and expensive. According to the website medicare.gov, “this year, about nine million men and women over the age of 65 will need long-term care. By 2020, […]
Health Insurance
The cost of healthcare seems to rise higher and higher every year. Politics aside, there are very few solutions to the problem, but savvy consumers can learn to take advantage of a few programs to help cut healthcare costs. Here are a few ideas to help you save money on healthcare related expenses.
You want to live a long life, but if you’re like most Americans, you’re not doing nearly enough to make sure that happen. Our life expectancy has never been longer, and yet it’s never been more difficult to thrive in old age. Sure, the potential is there, but a long and prosperous life doesn’t happen […]
Last week, we introduced you to the health insurance estimation of benefits (EOB) codes. This week, we are going to help you make sense of them. Medical care is big business in the U.S and health insurance companies are out to make money, not to make sure you get quality medical care. Keeping this fact […]
As part of the U.S’s Health Insurance Portability and Accountability Act of 1996 (HIPAA), health insurance companies now submit a standardized form for all medical services and products billed under a health plan. This form is called an Estimation of Benefits (EOB), or less commonly a Remittance Advice (RA; these are the EOBs sent to […]
Paying for health insurance expenses has become an ever-increasing source of irritation for many consumers. Even those fortunate enough to have decent coverage often find themselves squinting at long lists of detailed pages written in what appears to be a foreign language that only accountants or insurance clerks understand. For the average consumer, sorting through […]