Health Insurance Portability
In 1996 "The Health Insurance Portability and Accountability Act" (HIPAA) was enacted by the U.S. Congress. The act was instated primarily to protect health insurance coverage for workers and their respective families when their is a loss or change of employment.
The HIPPA (Health Insurance Portability and Accountability Act) Created by the U.S. Congress in 1996. Actually HIPAA is composed of several sets of standards like transactions and code sets, privacy and security etc. The main purpose of the standards are to modify the administration of health insurance claims and lower costs, to give patients more easily access to their health care information.
If you are a resident of Virginia, you are in a better position than many others in the country to purchase a health insurance. A big advantage of being a Virginian is that you are eligible for HIPAA (Health Insurance Portability and Accountability Act). Being eligible for HIPPA gives you the right to buy individual health insurance policies and are exempted from pre-existing condition exclusion periods.
HIPAA stands for Health Insurance Portability and Accountability Act and was passed in 1996. Many are required to comply with it including health care providers, insurance companies, transcription and translation companies, and anyone else who needs to handle protected health information.
The Health Information Technology for Economic & Clinical Health (HITECH) act really does 'up the ante' for HIPAA enforcement. In theory Health organizations have had to comply with the Health Insurance Portability and Accountability Act (HIPAA) since its introduction in 1996. Originally HIPAA was introduced by congress to protect the health insurance rights of employees made redundant. Additional 'Titles' to the act were introduced including 'Title 2' which was designed to protect electronically stored data relating to patient health information - often referred to as 'Protected Health Information' (PHI).
There aren't many more industry where regulation is as stringent as in Healthcare.
We offer individual health insurance, family floater health cover, extended health insurance and women specific critical health insurance.
For those who are self employed or have a job with no health benefits buying health insurance is a good idea. If you have health insurance you can cover yourself and your family. In case you don't have it, you take a risk. You really need to get health insurance in case you suffer from chronic health conditions and you need regular health care. If you are one of those healthy people who don't suffer from anything, you are lucky but yet you need to buy health insurance because it covers accidents and anything else that might happen to you. Imagine something happens and you have no health insurance, then you will have to pay huge bills for medical care.
With all the health insurance options that are available today you might be wondering which company is right for me. Most of us purchase health insurance based on impulse. We look at the next TV ad or some mailer that we got. The reason I can say that is because I’ve been in health insurance industry as insurance broker for over a decade. I will share with you things you should look for when shopping for health insurance. Also I will share with you a company which offers best options you can possibly get in health insurance coverage.
Insurance is protection against any loss. Several types of Insurances are available in market like Auto insurance, Health insurance. Health insurance policies pay for your all medical expenses. These insurance bodily covers long term nursing or any disabilities.
No one can argue against the value of having health insurance but only some people can afford to pay the costs of an insurance premium that will entitle them to getting health insurance benefits either. Lucky are those who are admitted to get group health insurance coverage, either through their occupations or the insurance of other family members, as they only pay a fraction of the payment or nothing at all.
The cheapest option that is available for those who want to get health insurance is to get the insurance from insurance employees. There are two options to choose from. You can get individual or family insurance. The insurance companies both kinds of health insurances.
If you consider a health insurance you would find that it is almost similar to any other insurance policy but the only difference is in health insurance people actually try to get all the medical expenses which they may have to pay in future. There are number of companies which offer health insurance plans or policies.
In the year 2006, in the Netherlands an all new system of insurance of health came into force. This all new system of health insurance very truly avoids the two pitfalls of moral hazard and adverse selection that is really associated with the traditional forms of insurance of health by using a combination of an insurance equalisation pool and regulation.
The ideal is to find a job that includes health insurance as one of the benefits as most people don't want to have to pay out of pocket for an individual health insurance plan. With the rising cost of health insurance, however, more companies are choosing to pay a slightly higher salary to their employees as opposed to paying for their health insurance.