Health insurance deductibles can play an important role in determining the health insurance premium, and at times, reducing it. A health insurance deductible is the amount that you need to pay out of your pocket before the insurance company starts paying under the insurance policy. It means you need to have available funds to pay […]
Category: Health Insurance Claims
4 Common Reasons Insurance Companies Deny Health Insurance Claims
Insurance claim denials are common. No matter what the reason is, a simple mistake can land the claim application in jeopardy, and the insurance company might end up denying it. Research from 2016 shows that around 17% of the in-network claims were denied. The denial rate of issuers ranged from less than 1 percent to […]
