Washington Insurance Policy Summary Information Worksheet

State:
Multi-State
Control #:
US-DD01404
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This due diligence worksheet is used to summarize the analysis of insurance policies regarding business transactions.

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How to fill out Insurance Policy Summary Information Worksheet?

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FAQ

To report a change, sign in to your account and select Report a Change. You can do this at wahealthplanfinder.org or through WAPlanfinder, our mobile app. Answer the questions that apply to you and follow the pages to update your information.

Washington Healthplanfinder is the online marketplace where individuals, families and small businesses can find, compare and enroll in a health plan. It is part of the Affordable Care Act (ACA) and is intended to make it easier for consumers to shop for coverage.

You'll get the "Summary of Benefits and Coverage" (SBC) when you shop for coverage on your own or through your job, renew or change coverage, or request an SBC from the health insurance company.

Today, Apple Health covers adults with incomes up to 138 percent of the federal poverty level. In April 2022 that translated to about $18,754 for a single person or $38,295 for a family of four.

The SBC is a snapshot of a health plan's costs, benefits, covered health care services, and other features that are important to consumers. SBCs also explain health plans' unique features like cost sharing rules and include significant limits and exceptions to coverage in easy-to- understand terms.

Where can I find a Summary of Benefits and Coverage? You'll find a link to the SBC on each plan page when you preview plans and prices before logging in, and when you've finished your application and are comparing plans. You can ask for a copy from your insurance company or group health plan any time.

It will summarize the key features of the plan or coverage, such as the covered benefits, cost-sharing provisions, and coverage limitations and exceptions.

Don't be fooled by Imitations: Wahealthplanfinder.org is the official health insurance marketplace for the state of Washington and the only place where you can receive tax credits, subsidies or access to free coverage through Medicaid or Washington Apple Health. Do not be fooled by imitations.

An easy-to-read summary that lets you make apples-to-apples comparisons of costs and coverage between health plans. You can compare options based on price, benefits, and other features that may be important to you.

The summary plan description is an important document that tells participants what the plan provides and how it operates. It provides information on when an employee can begin to participate in the plan and how to file a claim for benefits.

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Washington Insurance Policy Summary Information Worksheet