Deductible

you want to receive it. There is no delay , unlike a managed care type policy, there is no waiting or fighting for a referral to an in-network specialist or for approval of a treatment. Disadvantages: High premium costs to maintain the insurance. Deductibles or excess payments must be met before the insurance starts helping offset your medical expenses. It requires their members to pay their medical expenses up front and wait for reimbursement checks to be…

depending on the company and/or the bank that issues the card, and the level of credit card used (a platinum card may offer more insurance coverage than a gold card). However, most credit card only provide limited coverage, such as covering the deductible if there is a claim. To know exactly the type and amount of insurance that is included, call the toll-free number on the back of the credit card you will be using to rent the car. If you are depending on a credit card for insurance protection,…

Capital Leases Big 5 Sporting Good’s reasons for leasing its stores: 1. To conserve cash: By taking a lease rather than paying the entire cost of an asset upfront, Big 5 only pay relatively small monthly payments. 2. Tax deductible: Store leases payment are structured to be a deductible expense. However, if one purchases the asset, one has to capitalize and depreciate the asset which slows the recovery of costs. 3. Better Asset to Liability ratio: Recording liability is not required for the…

Managed care plans are types of health insurance that have contracts with health care providers and medical centers to provide care for their members at a reduced rate. For most people who have health care insurance through their employer or individual health insurance are enrolled in a managed care plan of their choice. The plans that managed care cover are preventive care, immunizations, annually checkups, diagnosis, treatments for illness, and pregnancy. There are four managed care plans…

shareholders would receive higher dividends, increasing their profitability as well. Undeniably, a decline in tax rate would affect the company’s profitability. Consequently, a variation in the non-deductible expenses would also affect the profitability of LBB. For comparison purposes, let us assume that the non-deductible expenses decreased by…

because he owns his business and brings in too much money to get insurance. He literally has to pay $1600 a month to get insurance if he wants it, or he will pay a fine each year not being insured. Even know he pays $1600 a month he will still have a deductible to meet. Either way he is getting tacked. A month ago he ended up in the ER for chest pain and they sent him home and told him to follow up with his Primary Physician. He does not have a primary physician because he is uninsured. I…

Medicare Part A and B are great plans, but they can leave you with a lot of medical expenses. Medicare supplement plans are designed help cover your coinsurance and deductible through Medicare Part A & B and offer additional medical coverage. There Are Specific Benefits All Medicare Supplement Plans Have to Offer There is a lot of variance between Medicare Supplement Plans. However, there are basics that all Medicare Supplement plants have to offer for participants. The basics that all Medicare…

An ethical dilemma I am often faced with at work is people who ask for a further discount on their balance after the insurance has given them a discount. This brings up quite the ethical quandary, as both sides of the argument can be made as ethical for both sides. Since ethics is an important part of human nature and our actions within society, some dilemmas need to be reviewed with some frequency to make sure they are still aligned with the current beliefs and understandings. In my current…

Maryland managed Care website showed that there were eight different plans that a Medicaid recipient could choose from to receive their health coverage. Health Choice is the name of this statewide mandatory managed care program. The plans are Amerigroup Community Care, Jai Medical Systems, Kaiser Permanente, Maryland Physicians Care, Med Star Family Choice, Priority Partners, Riverside Health of Maryland, and United Health Care. This paper will analyze these plans in terms of the benefits and…

Many new drivers find car insurance impossibly expensive; this causes many people to not only have difficulty paying for it, but some also avoid purchasing car insurance all together. Young people driving without car insurance causes unnecessary dangers for all drivers. An inexperienced driver is more likely to get in, or cause, a car accident. If this individual does not have car insurance, they may accrue insurmountable debt. For this reason, finding a way to lower car insurance premiums…