The Nation's First ISO Registered Independent Insurance Agency
The Affordable Care Act requires employers to provide their group health plan participants with access to both a summary of benefits and coverage that details the features of their health plan and a glossary of commonly used health care terms (such as balance billing, preauthorization and non-preferred provider).
That glossary, which also offers an explainer of how deductibles, co-insurance and out-of-pocket limits work, is available here.
Alison Matas
Director, Communications
Phone: 234.666.2113
alison.smith@schauergroup.com
Understanding the differences between certain types of drugs can help ensure you choose the best and most affordable option. Here’s a breakdown of some of the most common categories of medications from the team at Schauer Group.
Personal insurance costs are still increasing, but pricing appears to be moderating as the market regains profitability after years of rate hikes.
Some employer-sponsored health plans are supplemented with a flexible savings account (FSA). An FSA is a tax-free spending account you can build up with funds specially designed for qualifying medical expenses.