Insurance is defined as the equitable transfer of risk from one party to another for a pre-determined fee. A premium is another name for this fee, which the policyholder pays to the insurance company in return for indemnity from healthcare costs.
No. When referring to health insurance, the "premium" is the amount you pay to the health insurance company each month to maintain your coverage. The "deductible" is a specific dollar amount you may...
It could be that they audited your medical records and found something that would not correlate with their opinion of what a person in good health should be.
It could also be the fall in our economy...
70% of Americans of all ages will spend some yime in a Long Term Care facility before the age of 65! After 65 years of age, the percent number goes almost straight up from this point. Denise...
If you are paying them for your employees as part of their compensation package, yes, it is a business expense. If it is for yourself, no, it is not a business expense, but it is usually tax...