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What is Creditable Coverage?
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It is health coverage that a new enrollee has had in the past that gives the enrollee certain rights when he or she applies for new coverage. Certain kinds of previous health insurance coverage, such as group plan coverage, that can be used to shorten a pre-existing condition waiting period under a new plan.
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It is a method for establishing health insurance premiums whereby an insurer's premium is based on the age of individuals when they first purchased health insurance coverage. This is an older form of actuarial assessment.
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It is insurance coverage with no front-end deductible where coverage begins with the first dollar of expense incurred by the insured for any covered benefit.
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Try talking to network outfits which usually have nationwide coverage, to have their members use your facilities a discounted rates.
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Monday, September 24, 2007
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Comments (2) :
1.
dk123
Wednesday, March 19, 2008 6:27 AM
nice comment
2.
thingMaster
Tuesday, October 23, 2007 1:52 PM
you are overconfident. you will probably kill many patients, but drive a nice car.
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Consider your financial or personal situation-to determine appropriate liability limits, which protect you if you are ever sued. Your financial assets and family members who depend on you need protecting, so generally speaking, the more you have to lose, the more protection you will want.

If you can afford higher deductibles, they will lower your premiums.

Review optional types of coverage to evaluate whether or not you may need extra protection

Think about value. The best insurance may not be the cheapest

 

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