Natural disasters during your overseas trip can cause havoc to your travels in more ways than one. Then add the financial loss you may face due to change your itinerary or extra cost for medical and evacuation care for you and your family. This year, 2016, The National Oceanic and Atmospheric Administration’s (NOAA) Atlantic hurricane […]
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I hate insurance but…
Our owner recently said, “I hate insurance” in a training meeting for our staff. He also said “I don’t think I’m unique in feeling that way.” Since we offer travel insurance and overseas medical insurance for those working and living abroad, it got my attention. After he said “I hate insurance”, I furiously wrote down […]
ERISA Compliance FAQs
ERISA Compliance FAQs What is an ERISA Plan? The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. ERISA includes requirements for both retirement plans (for example, 401(k) plans) and welfare benefit plans (for example, group health plans). ERISA has […]
Dental Benefits are an important part of the total medical insurance benefit package
Dental Benefits are an important part of the total medical insurance benefit package. Here is some good information on dental coverage, the benefits, and options you may want to take. Call one of our agents here at Good Neighbor Insurance at 480-813-9100 for dental insurance options or go to our dental web page at https://www.gninsurance.com/resources/ask-doug/aca-plans/az/arizona-dental-insurance/. We are […]
Embedded and Non-embedded Deductibles
Deductibles can be confusing. If you have family health insurance coverage, it’s incredibly important for you to understand the type of deductible your plan uses. What are embedded and non-embedded deductibles exactly? Not understanding types of deductibles or being aware of the latest IRS rules may lead you to unknowingly select a health plan that […]
Why do I need travel insurance while outside my home country?
“I never have a major medical concern when I travel overseas” is what I hear every-so-often from our guests at Good Neighbor Insurance. And for sure that may be the case for most. But what about those who do have medical conditions while they are traveling outside their home country? How will they pay for […]
International medical insurance indemnity benefit
What is an indemnity benefit on international medical insurance policy? (https://www.gninsurance.com/health/) Great question! An indemnity benefit on plans such as our GMMI international medical insurance career plan or GMI International health insurance works as follows: A cash benefit of $400 per day (in addition to medical expenses paid) sent directly to the insured for approved […]
About On-site medical case management and evacuation – Hong Kong, China
Good Neighbor Insurance, Inc provides top-notch international travel insurance benefits that include medical evacuation. You may view one of our best evacuation travel plans for those who are traveling and residing overseas for business that also covers security evacuation at www.onlineglobalhealthinsurance.com/global-rescue.asp. We have a variety of other travel insurance plans that you may view at […]
Understanding medical loss ratio (MLR)
Good Neighbor Insurance (www.gninsurance.com and www.gninsurance.com) is continuing to update our clients on the new health insurance laws. There are six major coverage options for those in the US and even though some of the rules and regulations are similar for all many differences are there and it all depends on how old you are […]
Why do life insurance companies require blood test?
Good Neighbor Insurance, Inc provides term life insurance to our clients in Arizona and throughout the U.S. To understand more about term life insurance please go to our web page at https://www.gninsurance.com/resources/ask-Doug/ACA-plans/AZ/. Life insurance companies are only looking at the “major” medical illnesses when one applies for term life insurance. Thus, instead many medical questions […]
Understanding the basics of FSA, HRA, and HSA plans for U.S. group insurance
Good Neighbor Insurance (www.gninsurance.com) is continuing to update our clients on the new health insurance laws that were signed into law in the spring of 2010. There are six major coverage options for those in the US and even though some of the rules and regulations are similar for all many differences are there and […]
Medical Evacuation – Medical transportation 101
Good Neighbor Insurance Inc, has been involved in providing international health care cover to our clients since 1997. HTH is one of our top career and short term/travel companies we provide and is one I personally use when I travel overseas on my diving trips. Not only is HTH an “A” rated company but they have […]
Reporting value of insurance plans on employee W-2 forms
Good Neighbor Insurance (www.gninsurance.com and www.gninsurance.com) is continuing to update our clients on the new health insurance laws. There are six major coverage options for those in the US and even though some of the rules and regulations are similar for all many differences are there and it all depends on how old you are […]
Understanding Pre-existing Medical Conditions
Don’t we all have some pre-existing condition? To quote from an unknown author, “No one is perfect…that’s why pencils have erasers.“ So what is a pre-existing condition? Imagine you contact your car insurance agent on a Monday morning to tell him you want to take out car insurance to pay car repairs. The car is now in the garage being fixed because […]
Buying Health Insurance is Like Buying a Car
Bells and whistles on a car increase the cost. So it is with health insurance. Adding benefits only increases your premiums. One way to lower premiums is to increase your deductible and decrease the amount of benefits.
