CHIP: A New Era in Children’s Health Insurance
Provides health coverage to eligible children through both Medicaid and separate CHIP programs. Children eligible for CHIP are in families with incomes too high to qualify for Medicaid, but too low to afford private coverage. CHIP is managed by states according to federal requirements and CHIP Is funded by states and the federal government of…
Health Insurance Benefits: You Need to Know It
Health insurance policy is basically designed to cover the policy holder financially when faces a medical emergency caused by illnesses, accidents, or hospitalization. It has long-term benefits that make a health insurance policy a definite goal in annual financial plan. Let’s take a look that how health insurance can benefit a policy holder. 1.The cost…
Corporate Transparency Act: A New Era of Disclosure
Starting in January 2024, the Corporate Transparency Act will require most entities formed or registered in the United States to report detailed information about their beneficial owners, i.e. the individuals who own or control the company, to the U.S. Department of the Treasury’s Financial Crimes Enforcement Network. (FinCEN)۔ Which organizations are required to be reported?…
You need to know: What is the Health Insurance?
Overview Most health care in the United States is paid for by health insurance. Health insurance is a contract between an individual or a family and insurance company to cover their health care costs when needed. When covered by an insurance policy, the policy owner pays a fixed amount, or premium, on a regular basis…