New Hampshire Health Insurance Coverage...
Information and Free Rate Quotes...
If you are searching for ways to lower your health insurance costs and you live in the State of New Hampshire...We, here at HealthInsureCoverage.com, work hard to supply you with the information you need to make an informed decision regarding your health insurance needs and requirements.
- What is some of the terminology you will encounter as you look to buy health insurance coverage in New Hamphsire?
There is a ton of language to weed through as you research a health inurance coverage policy in New Hampshire. The following should help you with the language.
- Affiliation Period.
The time an HMO may require you to wait after you enroll and before your coverage begins. HMOs that impose an affiliation period cannot exclude coverage of pre-existing conditions. Premiums cannot be charged during HMO affiliation periods. New Hampshire does not permit HMOs to use affiliation periods but other states may do so. See also HMO.
- Certificate of Creditable Coverage.
A document provided by your health plan that lets you prove you had coverage under that health plan. Certificates of creditable coverage will usually be provided automatically when you leave a health plan. You can obtain certificates at other times as well. See also Creditable Coverage.
- Children’s Health Insurance Program (CHIP).
CHIP is a program that provides health coverage to some children from low income families.
- COBRA.
Stands for the Consolidated Omnibus Budget Reconciliation Act, a federal law in effect since 1986. COBRA permits you and your dependents to continue in your employer’s group health plan after your job ends. If your employer has 20 or more employees, you may be eligible for COBRA continuation coverage when you retire, quit, are fired, or work reduced hours. Continuation coverage also extends to surviving, divorced or separated spouses;
dependent children; and children who lose their dependent status under their parent’s health
plan’s rules. You may choose to continue in the group health plan for a limited time and pay the
full premium (including the share your employer used to pay on your behalf plus a 2%
administrative charge). COBRA continuation coverage generally lasts 18 months, or 36 months
for dependents in certain circumstances.
- Continuous Coverage.
Health coverage that is not interrupted by a break of 63 or more consecutive days. Employer waiting periods and HMO affiliation periods do not count as gaps in health coverage for the purpose of determining if coverage is continuous. See also Creditable Coverage, Federally Eligible.
- Creditable Coverage.
Health insurance coverage under any of the following: a group health plan; an individual health plan; Medicare; Medicaid; CHAMPUS and TRICARE (health coverage for military personnel, retirees, and dependents); the Federal Employees Health
Benefits Program; Indian Health Service; the Peace Corps; or a state health insurance risk pool.
See also Continuous Coverage, Group Health Plan, Individual Health Plan.
- Elimination Rider.
An amendment permitted in an individual health plan issued by an insurer
that permanently excludes health coverage for a health condition, body part, or body system.
HealthInsureCoverage.com offers our visitors information regarding their health insurance needs with state by state policy rates and info. We offer information from specific to general but you will ultimately need to consult with your health care provider or doctor for assistance.
If you are looking for some more information regarding policy rates and your rights under your state or federal health care laws, then you can continue your research by visiting the following convenient link.
|
