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Not all forms of health insurance qualify as creditable coverage. Those that don’t qualify include: COBRA (Continuation of Health Coverage): COBRA is designed to prolong your health insurance ...
Creditable coverage" is defined quite broadly and includes nearly all group and individual health plans, Medicare, and Medicaid. [12] A "significant break" in coverage is defined as any 63-day period without any creditable coverage. [13] Along with an exception, it allows employers to tie premiums or co-payments to tobacco use, or body mass ...
A person may have creditable insurance coverage from an employer, union, or other organization. Different rules exist for creditable coverage for both healthcare insurance and prescription drug plans.
Guaranteed issue is a term used in health insurance to describe a situation where a policy is offered to any eligible applicant without regard to health status. Often this is the result of guaranteed issue statutes regarding how health insurance may be sold, or to provide a means for people with pre-existing conditions the ability to obtain health insurance of some kind.
Among children and seniors the 2010 coverage rate was even higher, at 99.8 percent and 99.6 percent respectively. The breakdown of insurance coverage consisted of that 65.1 percent of state residents being covered by employers, 16.4 percent by Medicare, and 16.6 percent via public plans such as Commonwealth Care.
Small business owners face severe penalties if they don't report to the federal government by year's end. Thousands of businesses may not realize they are subject to a new reporting process ...
Overall benefits paid to CSRS or CSRS Offset employees will remain equitable based on the number of years of creditable service and CSRS formula upon retirement. CSRS and CSRS Offset employees with a break in service more than three days are also eligible to elect coverage under FERS within the first six months of rehire.
Physician's News Digest article on Certificates of Medical Necessity; Statutory definition of a CMN at the SSA website; Medicare manual that provides exhaustive information about the practical use of CMNs, particularly section 5.3. This is the official source of information for contractors administering the Medicare system about the use of CMNs.
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