Can one personality be covered beneath 2 diff. condition insurance policies?
My employeer offers robustness insurance where the monthly cost is like peas in a pod no matter how heaps family member you have on your plan. So I enjoy our 2 children on my plan and my husband is on his plan through his employeer which provides the same type of plan-Can I incorporate my husband to my plan and he add me to his plan? My thought is if something unforseen happen we would both be covered no matter what? But can you be enrol on 2 different plans and if you are does that create complications when medical expenses are being submitted to your insurance?Answers: Yes, you can be covered by 2 insurances. Yours is primary for you-your husband's is primary for him. You and your husband's birth month and time determine who is primary for the kids. Whoever is born first in the calandar year is primary for the kids. EXAMPLE: Your birth month and afternoon are April 6, your husband's is Sept. 20. Your insurance would be primary for the kids. (The year is not considered). But another thing you must consider is whether the insurances would PAY any spare benefits, and whether those benefits paid would balance the additional premium payments (if any) you would net for the coverage. Check the co-ordination of benefits clause in respectively to see how they co-ordinate benefits. Many times, there is a "no duplication" clause. Which technique the second insurance will not pick automatically up a balance. The lower insurance will compute its normal benefit and if the primary rewarded less, the inferior will pay the difference up to the secondary's maximum benefit. If you own an HMO, they (normally) will only salary benefits if the provider of service is one of their contracted providers and there is an authorization for the serivce provided. Therefore, it would not benefit you to settle the premium for the additional coverage unless you also jump through all their hoops for pocket money. PPO's have oodles more contracted providers, but again you need to check next to both coverages to see if they require certain authorizations or other documentation prior to the service human being provided in charge for any benefit to be paid.
Most providers (doctors and such) bill both insurances at matching time and let them payment or deny charges based on who they consider to be primary or minor following the rules I listed above. Once the primary have paid, the explantion of benefits requests to be forwarded to the secondary insurance for consideration. Some providers will do this for you, some do not. You will want to check with your providers to be sure.
Yes, but you cant duplicate expense claims.
You hold to define one as primary and one as lesser.
yes you can have two different vigour insurance but the kicker is...
the dentist/doctor are the ones that will take or deny the 2nd insurance.. they are the ones that do the billing, if they don't want to bill a second insurance after your out of luck
so, before you stir to a doc, ask them if they will bill two insurance companies..
I too was interested surrounded by this, and this is the info that i received
Edco is right. You can't have duplicate expenses and one source must be identified as the primary source.
At any rate, most plans allow you to make a payment someone at anytime if there is a energy event in the family connections, which usually includes a spouse losing their job. If at hand is no incremental cost increase for adding your spouse, consequently do so.but make sure you account one source as primary care and one as lower.
Yes you can have two different insurances.
For you, the insurance you transport would be your primary and your husbands would act as the lower.
Fory your husband, it would be just the contrary.
The children, (if you both carry them) you would own to establish which insurance was primary, which be secondary.
Your doctor will wallet with the primary and what they don't cover later gets file to your secondary insurance. Most doctors will report to both insurances and if they don't, then you database the secondary claim yourself.
Sure, but it's not going to work the channel you think.
The insurance companies won't donate you fully covered with no out of pocket expenses - they'll SHARE covered bills.
Most credible what will happen, is your policy will stay the primary coverage for you, and his will be primary for him, and if near are any overlaps or questions, both companies will decline to wages the claim and YOU will be stuck in the middle, trying to grasp ONE of them to pay. They surely won't cooperate to each other and hash it out.
It is undercooked for people to hold duplicate coverage. I would recommend talking to both carrier first and making sure one is the primary and that they both accept this arrangement.
Look at it from their point of spectacle:
If you have a chief claim against your health policy - after neither company will want to be the primary and may fight to not money your claim. That leaves you with central medical bills and litigation to deal beside.
You need to enjoy a primary plan.
Yes you can be covered by two different companies, but you can only submit the claim to one company. The verdict is up to you to find the one that is most suitable to your desires this way you wil avoid confusion. Only if you manage your deducticle should you contact the other insurance company. Additionally you cannot make claims for impossible to tell apart incident with both companies.
Is an employer required to pay for Cobra insurance when retireing before medicare?
Answers: No, the employer NEVER pays for cobra. The EMPLOYEE always pays the cobra.
Keep in mind that COBRA only applies to health plans maintained by private-sector employers with 20 or more employees, employee organizations, or state or local governments.
In most cases the employee pays the COBRA premiums. Check the Summary Plan Description that was prepared by your employer, the procedures for COBRA continuation should be covered in that document.
The other thing to keep in mind is that, regardless of who pays the premium, the continuation coverage is only for a period of 18 months, unless you are disabled per a ruling from the Social Security Administration. If you are disabled you could get another 11 months.
What is a "P/C and Life license"?
I'm looking into applying for a new insurance available job and it says that one of the requirements are "Ability to go by P/C and Life license"What is this and how would I know if I am able to or not? Thank you!
Answers: These are two different license.
You need to study and intervene a test. Can you study? Can you ratify a test? Here's a preview exam:
http://www.insurance-schools.com/free_in...
PC is property casualty and life is energy insurance.
You would need to study for the exams. They are uncomplicated if you study hard. You should plan on a month of study if you are only starting out.
PC = property casualty insurance
life = life span insurance
i have the notebook license it took me about 2 times to go by, but i did it.
you really need to study tricky for it and quiz your self as you finish each chapter.
I do not own my life license , but i hear it was for a moment hard , but not by much.
Good Luck