Attorneys

Health Insurance FAQs

• What Is Individual Health Insurance?
  Individual health insurance is health insurance that insures you in the event that you become injured or acquire an illness. Individual health insurance is a prudent … more
• What Is An Agent?
  An agent is a licensed representative of an insurance company who solicits, negotiates, or effects contracts of insurance and provides service to the policyholder for … more
• What Is An Application?
  An application is a signed statement of facts requested by the insurance company on the basis of which the company decides whether or not to issue the coverage. The … more
• What Is An Assignment?
  An assignment is the signed authorization by the policyholder for the insurance company to pay benefits directly to the hospital, doctor, or other provider.
• What Is A Beneficiary?
  A beneficiary is the person designated or provided for by the policy terms to receive the proceeds upon the death of the insured.
• What Are Benefits?
  Benefits are the dollar amount payable by the insurance company to the claimant, assignee, or beneficiary under the policy.
• What Is A Claim?
  A claim is a demand to the insurance company for payment of benefits under the insurance contract.
• What Is Cobra?
  COBRA is a federal law that regulates group health insurance. If you lose your job and you worked for an employer who has more than 20 employees, you may be able to … more
• What Is A Co-Insurance Or Co-Payment?
  This is your share of the bill that must be paid after you have met the deductible amount. This is usually 20% or 30% of the costs up to a specific … more
• What Is Conversion?
  Some insurance companies offer their policyholders conversion privileges that allow you to convert group coverage to individual coverage without showing proof of … more