Category Archives: Finance Guide

The primary way to increase revenue and cash flow is to reduce the time it takes to collect payments. HIPAA electronic transactions can greatly streamline the insurance collection process. Electronic Submission (837 Professional & Institutional) versus US Mail. It is common to submit claims electronically, but it is important that you highlight the efficiency of electronic […]

Nearly 910,000 licensed drivers live in Hawaii. Each resident who has a vehicle registered on Big Island must have minimum coverage for their car. This protects them financially and legally in the event that an accident occurs. Insurance for car in Hawaii has moderately high prices. The average driver spends $1,127 per year for a full coverage policy, and $345 annually to […]

Understanding the cost of health insurance is an essential element in finding a plan that meets both your medical needs and budget. There are various factors that affect Blue Cross Blue Shield plans’ costs. These include premiums, deductibles, copays and out-of-pocket maximums (OOPM). Out-of-pocket maximums include payments made toward covered services like deductibles, copays and […]

1. Medicare Medicare, the health care insurance program for Americans 65 and over, can be both an exciting milestone and a source of great confusion. Understanding your plan options, knowing when coverage will start (missing an Initial Enrollment Period could incur penalties), and how Medicare interacts with other forms of coverage can be complex and […]

Once young adults turn 26, it’s essential that they establish an alternative source of medical coverage. On reaching 26 you are entitled to select a health plan during a special enrollment period. Here are four points you should keep in mind before making your selection. Employer Plans People born between birth and 26 are eligible […]

Private mortgage insurance (PMI) costs are an integral component of home affordability. PMI premiums may be paid either upfront at closing, monthly, or a combination thereof. Knowing your estimated PMI costs based on your down payment size and credit score can be extremely useful. Use one of the calculators below to estimate these costs. How […]

Your insurance card holds valuable information that can assist when seeking health care services. It provides details about your plan, group number and more – this data also enables healthcare providers to determine which benefits are applicable to you. Group number Your Blue Cross ID card provides healthcare providers with important information when they provide […]

As per federal law, most parents’ health insurance plans can cover their children up until 26 years old; some states may have different restrictions in place. Be wary of scams that try to collect personal data. Common examples are people posing as customer service representatives from banks, insurance companies, or government institutions asking for this […]

Usually, car policies will cover damage caused by someone using your car on their own and causing an accident; however, it’s essential to understand how coverage works in other situations. As a rule of thumb, it’s wise to add anyone who frequently drives or lives in your household to your policy, to ensure they are […]

Steps involved in obtaining an insurance license vary from state to state, but usually involve taking a prelicensing course, passing the licensing exam, and submitting a license application. Processing generally takes three to five weeks once all requirements have been fulfilled. Passing an exam typically entails answering between 75 and 150 questions across both national […]