The History of (COBRA)

The History of (COBRA) The Consolidated Omnibus Budget Reconciliation Act (COBRA) stands out as a monumental piece of American legislation in the realm of healthcare. Its journey through conception, enactment, and subsequent evolution presents a captivating narrative of addressing health coverage gaps and navigating political landscapes. Origins: The seeds of COBRA were sown in the…

mental health

Mental Health & Substance Abuse Coverage

Mental Health & Substance Abuse Coverage: Understanding Your Options Mental health and substance abuse are crucial aspects of overall well-being, yet access to quality and affordable treatment can be a challenge. Fortunately, many health insurance plans now offer coverage for mental health and substance abuse services, thanks in part to parity laws that mandate equal…

cigma

Cigma & Humana Merger

Cigma & Humana Merger Cigna and Humana are two of the largest health insurance companies in the United States. In December 2022, they announced plans to merge, creating a company with over 150 million members and $200 billion in annual revenue. The merger is expected to close in 2023, pending regulatory approval. Benefits of the…

health insurance

Factors To Consider When Choosing A PPO Health Insurance Plan In 2024

Factors To Consider When Choosing A PPO Health Insurance Plan In 2024 When choosing a PPO (Preferred Provider Organization) health insurance plan in 2024, consider these essential factors: Network Coverage: Determine if your preferred doctors, hospitals, and other healthcare providers are within the plan’s network. In-network care typically comes with lower out-of-pocket costs. Deductible, Coinsurance,…

Employer Sponsored Health Insurance

The Origins of Employment-Based Health Insurance

The Origins of Employment-Based Health Insurance The Origins of Employment-Based Health Insurance The roots of employment-based health insurance can be traced back to the late 19th century, when industrialization was in full swing. As factories grew larger and more dangerous, workers faced increasing risks of accidents and illnesses. Employers began to provide some form of…