Will your US employer provide health insurance?
Securing medical cover from your employer is usually the most cost-effective way of getting health insurance in the US. According to SHRM, employers typically cover almost 70% of their workforce’s healthcare costs, although this can drop closer to 50% for smaller employers. Based on data from the 2019 KFF study, about 49% of the US […]
What happens if you don’t have medical cover in the US?
Despite there no longer being any kind of penalty (in most states) for not having health insurance, adequate medical cover is still an essential expense.First and foremost, you’ll have to pay an awful lot of money for medical care that could otherwise have been covered by your insurer. Will your US employer provide health insurance? […]
How does the US healthcare system work?
Basic healthcare is not considered a “universal right” in America. There is no NHS-equivalent. Instead, the industry is completely privatised. There’s a network of hospitals and doctors surgeries across the nation, all run by independent companies. In America, once someone has received treatment, they’re left with a bill – which can range from hefty to […]
In a reimbursement claim, you must initially pay for the treatment and then file a claim for reimbursement. When you file a claim, you must produce the bills and showcase other records of the money spent on hospitalisation and treatment. The insurance company, after verifying the bills, will credit the amount to your bank account. […]
In a cashless claim, the policyholder can seek treatment from any of the network hospitals of the insurance company. On admission, the policyholder must produce the cashless health card provided by the insurer and the expenses incurred for the treatment will be directly settled by the insurance company; you need not pay a single Rupee. […]
Health Plans and Benefits
A group health plan is an employee welfare benefit plan established or maintained by an employer or by an employee organization, or both, that provides medical care for participants or their dependents directly or through insurance, reimbursement, or otherwise. Most private sector health plans are covered by the Employee Retirement Income Security Act. Among other […]