Drug formularies are probably the least understood component of a health insurance policy. Texas consumers rarely discuss the prescription formulary and how a formulary functions before securing coverage. All Texas health insurance carriers rely on drug formularies...
Health savings account (HSA) plans have become very popular because consumers are able to combine the tax deductibility traits of an Individual Retirement Account (IRA) with a high deductible health insurance plan. However, Texas consumers should identify the...
The U.S. Department of Health and Human Services (HHS) issued a list of frequently asked questions (FAQ) in order to clarify the rules pertaining to the essential health benefits. The requirements for essential health benefits were included in the Patient Protection...
The Affordable Care Act (ACA) has created instability in the individual market, which has resulted in a dramatic escalation of premiums and an exodus of carriers providing coverage. The lack of carrier competition has reduced plan options and limited provider network...
Texas health insurance policy holders receive a benefit every time they file a claim but are probably not aware that they are receiving the benefit. The most common type of health insurance for individuals and families is classified as a HMO or Health Maintenance...
