The General Enrollment Period (GEP) is a specific period designated by the Centers for Medicare & Medicaid Services (CMS) during which individuals
Read More »Gaps in Coverage – Understanding the Limitations and Potential Expenses in Health Insurance Plans
Gaps in Coverage refer to the periods or circumstances in health insurance plans when certain medical services or expenses are not fully
Read More »Formulary Restrictions – Understanding Limitations on Medication Coverage in Health Insurance Plans
Formulary Restrictions refer to the limitations or criteria set by health insurance plans on the coverage of certain medications listed in their
Read More »A Formulary is a list of prescription drugs covered by a health insurance plan or a pharmacy benefit management program. It serves
Read More »A Foreign Travel Emergency refers to a sudden and unexpected medical situation that occurs while an individual is traveling or temporarily residing
Read More »Fitness Benefits are wellness-oriented perks offered by some health insurance plans to encourage policyholders to adopt and maintain a healthy and active
Read More »Fee-for-Service (FFS) is a traditional payment model in healthcare where healthcare providers are reimbursed based on the services they deliver to patients.
Read More »Federal Employees Health Benefits (FEHB) – Comprehensive Healthcare Coverage for Federal Employees
The Federal Employees Health Benefits (FEHB) program is a comprehensive healthcare benefits program offered to current and retired federal employees, as well
Read More »Extra Help, also known as the Low-Income Subsidy (LIS) program, is a valuable financial assistance program provided by the government to help
Read More »Extra Benefits, also known as supplemental benefits or value-added services, are additional perks offered by some health insurance plans beyond the standard
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