Finding Affordable Health Insurance – The Next Step

Previously, I wrote about how I had to cancel the health insurance I was approved for, because it was too expensive. I also wrote about getting help from an insurance broker, in the hopes to successfully complete my quest to find affordable health insurance. Here is an update of what happened next. I got approved for a health insurance plan that was too expensive for me to afford. In order to cancel, or terminate, a health insurance policy, you must send the insurer a letter that clearly states that you want to cancel the plan. You cannot cancel over the … Continue reading

Health Insurance Approval Letters Should Include Cost of Premium

I have noticed that, most of the time, health insurance companies neglect to put a key piece of information into the approval letters that they send to customers. They fail to put in what the cost of the premium will be. I think that insurers should be legally required to put that into approval letters. Here are the reasons why I think so. When an insurer sends an approval letter to a customer, it means that the insurance company has taken all the information from the person’s application, and calculated how expensive it would be to cover the medical care … Continue reading

Insurance Blog Week in Review – Week of March 18 – 24, 2012

What did you miss this week on the Insurance Blog at Families.com? There can be anywhere between twelve and fourteen blog post here each and every week. It is easy to miss something. The Week in Review is a quick and easy way to “ketchup” on whatever you missed. Texas Sues Federal Government Over Funding Cut to WHP The Texas Attorney General has filed a lawsuit against Secretary of Health and Human Services Kathleen Sebelius over the cut to the federal funding for Texas’ Medicaid Women’s Health Program. The Insurance Podcast Roundup went up on March 19, 2012. This week, … Continue reading

Certificate Booklet Arrives – After I Cancelled Policy

I just canceled my health insurance policy. The premiums were quite a bit higher than I expected, which made the policy unaffordable. Naturally, the certificate booklet, that describes more about the policy, arrived yesterday. Now, I should probably state that I canceled my insurance policy almost immediately after it was approved. I can’t really blame the insurer for being “late” with the certificate booklet, especially considering that it arrived within ten business days after I was approved for the policy. Insurers generally don’t expect people to immediately call them, ask how much the premium costs, and promptly cancel as fast … Continue reading