Health Insurance – Aaron James

Here’s a key way to prevent paying more for your health care than you should

At least 50 percent of the claims reviewed on behalf of DirectPath’s clients contain an error, according to the employee-benefits manager.
Simple mistakes can result in higher bills, which means you should be checking every single bill you receive from a doctor or other provider.

Why using pre tax health savings will keep more money in your pocket

There are two kinds of tax-advantaged savings accounts that let you put money away for health-care needs: flexible spending accounts (FSAs) and health savings accounts (HSAs).
FSAs let you put away up to $2,700 for an individual this year, or $5,000 for a family through payroll deductions.
Under tax rules an HSA is a lot like an IRA savings account; the money you don’t use can roll over from year to year.
You can contribute up to $3,500 this year for an individual and up to $7,000 for a family

How will pharmacogenetics influence the life insurance industry?

Pharmacogenetics is the study of how genes affect a person’s reaction to medicines. The combination of pharmacology (the science of drugs) and genomics (the study of genes and their functions) leads to the development of medications that will be effective and safe, as they will be tailored to a person’s genetic make-up.