With the holiday season almost upon us and 2010 quickly approaching it’s a good idea to address some insurance related issues that a new calendar year always brings up. Whether you have Individual Health Insurance or an employer sponsored plan, a Life insurance policy, Dental or Vision plan, or some combination thereof, here are a few things to keep in mind as we close out 2009 and usher in 2010.
Health Insurance:
For most policies, your Medical plan’s deductible (or copay maximum amounts for HMO plan holders) and maximum out-of-pocket limits are based on a calendar year regardless of when your coverage became effective. All deductibles, copays, and out-of-pocket maximum amounts will therefore be renewed on January 1, 2010. If you are unsure about your policy please refer to your policy booklet or call your independent insurance broker.
Dental and Vision Insurance: Continue reading ‘End of the Year Insurance Reminders For Health, HSA, Life and Dental Plans’ »