 Would you let an insurance company handle a claim? |
I am doing and can see corruption I'm sure.
Additional Details
1st answer, you mention another extreme.... |
|
 What liability insurance is needed for a club (choir) to take children on a trip (Jersey)? |
| we're nota company but a club and are now thinking what liability insurance we need. I've read details on the web but we're not a sports club or a company and i'm confused in what ... |
|
 Where should i look for health insurance plans? |
| i work freelance as a designer from home and i'm currently covered by my husband's health insurance plan through his job. we would like to have him quit his job and help me so that we can ... |
|
 Crime reference number would i need one?? |
| if u crash your car then leave it because you assume its a write off but it gets took then set alight by vandals and is now a complete write off could you still claim and would you need a crime ... |
|
 Can you have 2 short term disability insurance clames pay you at the same time?? |
| I will be having surgery and will be out of work for 4-6 weeks, i have short term insurance at work, but it only pays 60%, can i get another policy on my own and also collect that money???... |
|
 Insurance won't replace windows...is this right? |
| I just comletely remodeled an older home (including refinishing the windows and original trim) and it has the old windows with divided glass. Unfortunately we had hail a week ago and it broke out 7 ... |
|
 Buildings cover - How much do I need? |
| I'm looking for home insurance and one of the questions is how much buildings cover do you want? This is in addition to the value of your property question. I thought they were the same answer?<... |
|
 Are there any legitimate insurance companies out there that you can work from home w/o paying big $$ to do it. |
| Looking to work at home as an insurance agent - I have a liscense but I don't want to do any MLM thingie or spend a ton of money buying crappy leads for a company that promises the moon and the ... |
|
 Health insurance for pre-existing conditions? |
| I'm 29 years old and had reconstructive urological surgery as a child and have had to be closely followed by a urologist all my life. I'm originally from Canada, but have permanent ... |
|
 Health Insurance question....can an agent answer this? |
| I'm shopping around for health insurance and a question that is asked is about being a smoker. I quit almost 4 months ago. Some only ask, "Do you smoke tobacco...yes or no", others ask,... |
|
 What do you think of this proposal to replace our health care dilemma? |
First of all I think we can all agree that our "for profit" system we have now, must and will be replaced. Now, how about this?
1. All workers will pay in let's say 2% of our ... |
|
 I inherited a life insurance policy how do i check to see if its real? |
they say send them legal fees and they will send me the fund
Additional Details
i am the benificery they say fees are for the signing of my name also were can i check for ... |
|
 How investments is better in insurance than in share market & mutual funds? |
| if person invest in insurance and he invest which is safer for him to invest.... |
|
 What right does my Mortgage company have to lay hands on MY Homeowners Ins. Claims check? |
I had a house fire and my mortgage company is giving me the run around about sending me my First Draw, after I’ve done all they have asked.
It appears to me, this is a scam by mortgage ... |
|
 I'm looking for a health plan, with low monthly payments? |
neither my or my husbands job offer health insurance, so we are looking into private plans like Blue Cross Blus Shield. I am 28 and hubby is 29 and we have a 2 year old.
The quotes we�... |
|
 Insurance claims? |
| Anually, what is the value of insurance claims due to water ... |
|
|  |
matt l | Is a health savings account a good or bad? I'm confused? |
My company is switching to a high deductable hsa. I will be getting individual coverage. I'm wondering what the pros and cons are for me. I know my company will be saving a lot of money. Right now I have an 80/20 plan. |
 |
 
Wide Awake
 |
Well, if you use it correctly, a medical savings account can be good for you financially.
With such an account you set aside money each week to pay medical expenses that are not covered by your insurance, such as the deductible or the 20% co-pays you describe.
The reason that it helps you financially is that this medical expense account money comes out BEFORE taxes, and so you are required to pay fewer taxes. If you had paid this money out of your savings, it would have been AFTER tax money, and would do nothing to reduce your taxes.
In your situation I would add up what you expect the medical costs for the year to be, and base your contributions to the account on that amount. You can use a previous year to estimate. You know you will probably have to pay the complete deductible, so start with that figure. In any event, you should not exceed your out-of-pocket maximum unless you have dental and other covered medical expenses to factor in as well.
Be careful that you don't overestimate, and that you keep your receipts to get reimbursed, because if you don't use this money, you LOSE it under most plans. So I usually figure what I will need to spend in a year and select contributions to meet 80-90% of this, so that I don't overestimate.
Good luck! |
|
InsuranceGuy
|
Your company is probably contributing some money to the HSA account to make the transition easier. However, HSA plans are beneficial only if you have a "healthy" year where you did not accumulate a lot of claims. The whole concept of a HSA is that you build up a good size savings account over a few "healthy" years and if you have a large medical claim in the future, you have the money to pay for it. |
|
joefunsmith
|
Is a health savings account a good or bad?
Yes, an hsa is good or bad depending on the circumstances and how diligent you are. Make sure you understand the rules, then make sure you submit your bills promptly, keep them organized, and follow up after a set period of time.
If you set your monthly deduction too high, you can lose money which the company gets to keep, so don't over do it.
The money you put into an hsa is pre-tax (usually?), so that helps too. |
|
Big Bear
 |
I don't think so b/c if you have money left over at the end of the year you lose it. You can spend it on generic stuff at the pharmacy, but it all seems useless to me. |
|
jkade
 |
Know ALL your option!!! If you are going to pay most of the bills out of pocket....Then check into fee for service plans.. Knowledge is power!!!! and their monthly fees are low...59.95 a month for the entire household!!! www.mybenefitsplus.com/40413633 GOOD LUCK!!!!! |
|
Kathleen S
 |
You are definitely LUCKY to even have a health insurance from the company that you work for! Just think that there are thousands of people out there that do not have any....Okay, the pros for you is: example-You get sick or hurt and you were in the hospital for a week. Bill:$120,000. Insurance pays 80%. You pay 20%. Good deal.
Cons: You get sick, be in hospital for a week. Bill: $120,000.
No insurance. You are stuck with the bill and have to pay all out of your own pocket.. |
|
mommaslove1995
|
its both because it makes u pay bills but if u die which noone hopes will happen but if u do ur family will get tha money u kept on paying those bills 4 because they need 2 buy tha grave tha funeral and a bunch of different stuff so they have tha money 2 do it |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
5 | 8 minutes(s) ago
| | | |
7 | 20 minutes(s) ago
| | | |
7 | 34 minutes(s) ago
| | | |
7 | 1 hour(s) ago
| | | |
9 | 2 hour(s) ago
| | | |
7 | 5 hour(s) ago
| | | |
7 | 10 hour(s) ago
| | | |
7 | 2 day(s) ago
| | | |
7 | 2 week(s) ago
| | | |
7 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Insurance 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
