Every business extends a credit line to its customers and sometimes may have receivables pending due to the slow payments from customers. The delay in these receivable can reflect on a business’s balance sheet and subsequently affect the financial status of a business leading to bad debt. While the collection of these payments can be handled internally, the use of commercial debt collection agencies can help businesses that have a wide range of customers and need dedicated resources to track down receivables.

Medigap plans are health insurance plans that cover gaps in Medicare plans such as deductibles, co-payments, and health care when you travel abroad. There are 10 Medigap plans that are lettered from A to N, and each covers a different set of gaps. While some Medigap plans charge higher premiums offering more coverage, there are others that offer lower premiums if you agree to pay for some of the gaps out of your pocket.

Obamacare is an informal term given for the Patient Protection and Affordable Care Act of 2010. The act passed by the Obama administration succeeded in providing health insurance to nearly 50 million people in the country who were not covered up until 2010. Obamacare was especially useful to those people whose incomes were not good enough to be able to afford high premiums levied by private and independent insurance companies.

It is important to focus your attention on getting health insurance as your retirement approaches. It can give you the peace of mind knowing that your health is covered. Retiree health insurance is when you are retired and have Medicare and group health plan (retiree) from a former employer. In such a scenario, Medicare covers your bills first followed by your group health plan.

The Department of Veteran Affairs (VA) is a federal agency that provides health care for veterans at medical centers across the country. The agency also provides benefits such as education and training, pension, transition assistance, disability compensation, life insurance, vocational rehabilitation, home loans, and burial benefits. Below is a brief insight into each of these benefits.

Taking a much-needed vacation abroad? Make sure you protect yourself with a travel health insurance before you set off on your adventures. Your existing medical insurance or Medicare and Medicaid programs will not offer you with coverage for hospital or medical costs outside of the country. It is, therefore, important that you get a separate travel health insurance that will cover you during any medical emergencies that arise during your travels.

It is estimated that free bank accounts will disappear within a decade and that it is happening already with banks charging up to $10 per month. It is also noted that people who refuse to pay fees, gradually face restrictions on withdrawal limits or block with using branches. The model of free banking is unsustainable due to the lack of good profit.

Aetna is a company that offers health care insurance plans and services such as Medicare plans, Medicaid services, medical management, behavioral health programs, medical, pharmacy, and dental plans. Aetna offers health care spending assistance to nearly 37.9 million people in the country. The AARP (American Association of Retired Persons) is a non-profit organization dedicated to enhancing the quality of life of individuals aged 50 and above.