 Do I need insurance for my company? |
| Have a Computer programming business, and went ahead and created it under multi member LLC, why because if something happens the company is responsible and I'm not which I declared in the O... |
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 Going to gym while on disability (insurance)? |
| I has spine surgery a few months ago and have since stopped working while I stay home recovering...the surgery has not resolved my pain and I have gained weight since I am home everyday. I have ... |
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 If I am on my parents' insurance...are they financially responsible for my medical bills? |
| I am 23 years old but my parents pay for my health insurance (we are on a family plan). My parents always say they will pay for my medical bills, but lately I've been wondering if my mom really ... |
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 What is required to work successfully in Insurance field? |
Particularly as a Sales Head?
Do i need a lot of contacts?
Also,does one need an mba(insurance)?... |
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 Need health insurance but dont have any? |
| I want to have some health insurance or some type of health care insurance for me. I don't have a job right now and i am 25. I am wondering how i can apply for some insurance if i don't ... |
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 Regarding health insurance contracts? |
I feel stupid asking this. The answer seems obvious. but, maybe I am wrong.
I am looking into buying new health insurance. I am self employed.
I had a salesman here, great ... |
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 Where can I go get a statement notarized? |
My mother need to get a statement notarized, say I will be living with her sister for the school year.
Where can I go in Appleton, Wisconsin?
Does the bank doe them?
If so, would ... |
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 I want to start my own house cleaning buisness, what insurance's do i need? |
| i wanting to start my own domestic cleaning... house cleaning business. does anyone out there know what insurances i need??... |
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 What happens to a life insurance policy if there is no beneficiary?? |
| Someone has died, and had a life insurance policy but didn't have anyone listed as a beneficiary. Before his death he did write a will of sorts saying that he wanted everything to be handled by ... |
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 What does it mean when a company says you have to be able to be bonded? |
| I am looking for a job, and one place that I have looked into says you have to be able to be bonded. Is this some sort of criminal record thing? I have a misdimeanor(sp) marijuana charge from about 8 ... |
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 Should Ins. companies pay for gastric bypass surgery if lives are at risk and the surgeryis there best hope? |
| Gastric Bypass surgery ( roux en Y ) has now been proven through long term studies to cure type 2 diabetes in 95 percent of patients. Reported on MSNBC... |
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 How much does it cost to have health insurance for family of 3? |
| my husband is a private contractor and he does not have ins. but I work as a waitress and my job provides me with health ins, but now we have a baby and we can't afford a day care they cost ... |
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 Sickness pay? |
| Does anyone know? would i be entitled to full pay from my employer if i were to gain a sick note for four weeks.please ... |
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 Can I get just life insurace, in India, from LICI or any other company? |
To cover an educational loan (INR 300000), a bank requires life insurance of student, who is a 20-year old girl, for about 9 or 10 years.
The agents do not tell you about just insurance; and I ... |
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 Looking to purchase health insurance, but confused when it says 20% after deductible? |
| For example, If the deductible was $2,000 and I pay that when my coverage begins. So if I was planning to see a doctor and my coverage was 20% coinsurance after deductible, what does it mean? If you ... |
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 Mom has insurance on me at 23, still snoops? |
| My mom has insurance for me still because Im in college, however she faked my signature so that she could get a free credit report through their company too, and then lectured me! This really ... |
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 Need emergency surgery have no insurance. How can I get a loan? |
| I have a friend that needs surgery for a bad tumor. He has no insurance and has a bad criminal history so can't get a loan. Is there any other suggestions or loans out there. Live in north C... |
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stephanie r | When you are geting health insurance, what does coin insurance mean? |
i am comparing insurances right now and some have coininsurance, some say 20% after deductible and some say 20% coininsurance after deductible.. what is coininsurance? |
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Insurance Biz CT
 |
The term is co-insurance, which means that they will insure you for a portion of the cost after the deductible is met. So, when it says "80/20 co-insurance", they will pay 80% after deductible, and you will be responsible for the remaining 20%. |
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brownidgurl
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If your co-insurance is 80/20 it means that the ins. will pay 80 percent of qualifying charges and you are responsible for 20 percent. |
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Jason S
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Dilbert's answer is not 100% correct. COIN is an abbreviation for CO-INsurance. It just means that you pay a portion & the insurance co. pays a portion.
If your plan is deductible then 20% COIN, it means that you pay 100% of the deductible & then 20% of the remaining charges. The insurance company pays the other 80%.
A charge that you pay every time you go is generally called a copay. If you pay $15 per visit or something similar, that is a copay. |
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Zarnev
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The coinsurance is the money that you pay for the medical bill after you've paid the deductible.
For example - you go into the hospital and have a $1000 deductible. You pay the first $1000. Then you have a 20% coinsurance that you have to pay so if the hospital bill is $2000 you pay $1000 plus 20% of the next $1000, or $200. Your total payment is $1200.
The coinsurance is capped (called out of pocket maximum), usually at around 2 or 3 times your deductible. So if you have a $1000 deductible and 20% coinsurance capped at $3000 then if you have a $100,000 hospital bill the most you pay is $4000. |
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zippythejessi
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I don't know the exact meaning of co-insurance, but the short story is that it's a formula used by insurance companies to determine your portion of the charges. Instead of a copay, which is a set dollar amount every time (usually anywhere from $2 to $40, depending on the plan) Meaning, if a doctor bills $80 for a visit, and the insurance's contracted rate is $55.01 and they pay 80% and you pay 20%, the insurance is going to pay $44.01 and you're going to have to pay $11 for that visit. The more expensive a visit is, the more you'll have to pay, but it will be less than the insurance pays and less than the doctor bills the insurance. Obviously, you want to have the smallest percentage of co-insurance, it ranges from 10% to 50%, with 20% being the most common. |
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gary s
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you mean Co-insurance.When you have more than one health insurance company,they have to coordinate with one another so they don't pay twice.I had it for a while and the extra claim forms weren't worth it.Usually it's when you and your spouse both work and each has a different health plan that covers you both,there is overlapping coverage.Deductibles still apply,so you pay deductibles to both companies. |
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Dilbert
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You mean CO insurance, not COIN insurance.
"Coin" is just a Coincidence.
Coinsurance means you pay a copayment each time you visit a health care professional. |
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