Does State Farm Have Guaranteed Replacement Cost?
by Robby
When shopping for homeowners insurance, you’ll likely come across the term “guaranteed replacement cost”. This refers to a policy feature that provides extended coverage to rebuild your home in the event of a total loss. But does State Farm offer guaranteed replacement cost coverage? The answer is yes, State Farm does offer guaranteed replacement cost … Read more
Does Medicare Have to Be Paid Back After Death?
by Robby
When a loved one who was receiving Medicare passes away, it’s natural for family members to wonder if Medicare will need to be paid back. The rules around Medicare repayment after death are complex. This article provides a comprehensive overview of Medicare estate recovery to help you understand if and when repayment is required. What … Read more
How Much Does the Government Pay Medicare Advantage Plans?
by Robby
Medicare Advantage plans are private health insurance plans that provide Medicare benefits to beneficiaries who enroll in them. The government pays Medicare Advantage plans a set amount per enrollee per month to provide coverage. This payment system is different from traditional Medicare, where the government pays healthcare providers directly for each service rendered. Understanding how … Read more
Do Renters Insurance Claims Affect Homeowners Insurance?
by Robby
Renters insurance provides protection for your personal belongings while you’re renting a home or apartment. If something happens like theft, fire, or water damage, renters insurance can help replace your items. But what happens when you buy a home – do past renters insurance claims follow you? The short answer is no, renters insurance claims … Read more
What Prescription is Similar to Wegovy? 7 Options to Discuss With Your Doctor
by Robby
Wegovy is a popular injectable prescription medication used for weight management. It contains semaglutide and helps regulate appetite while also improving feelings of fullness after meals. However, due to high demand and manufacturing constraints, Wegovy is often difficult to obtain nowadays. If you’re looking for Wegovy alternatives to discuss with your doctor, there are several … Read more
Is a Deductible Paid All at Once? Everything You Need To Know
by Robby
A health insurance deductible can be one of the most confusing parts of selecting and using a health insurance plan. Unlike other common insurance terms like premium and copay, deductible is less straightforward. One key question many people have is: Is a deductible paid all at once? The short answer is no—fortunately you don’t have … Read more
What is SRCC Cancellation Clause?
by Robby
The SRCC cancellation clause refers to the cancellation of Strikes, Riots and Civil Commotions (SRCC) coverage in marine cargo insurance policies. This clause allows insurers to cancel SRCC coverage by providing notice to the insured. What is SRCC Coverage? SRCC stands for Strikes, Riots and Civil Commotions. It is a type of coverage included in … Read more
Can You Have Two Health Insurances in California?
by Robby
It is possible to have coverage under two different health insurance plans in California. This situation is known as “dual coverage” and often happens when a spouse has health insurance through their employer in addition to the primary policyholder’s coverage. California allows coordination of benefits between group health plans to provide more complete coverage. However, … Read more
What is the Difference Between a 70/30 and 80/20 Asset Allocation?
by Robby
Asset allocation refers to how an investor divides their investment portfolio between different asset classes, such as stocks, bonds, and cash. Two common asset allocation strategies are the 70/30 and 80/20 models. But what exactly is the difference between these two approaches? Overview of Asset Allocation Strategies Asset allocation is a key part of creating … Read more
Can a Patient Be Billed for Non-Covered Services?
by Robby
When a health insurance company determines that a medical service is not covered under a patient’s plan, the question arises of who is responsible for paying the provider for that service. In some cases, the provider can bill the patient directly for non-covered services. However, there are important limitations and regulations regarding when and how … Read more