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The beneficiary is the only one that can collect benefits unless otherwise specified in the policy such as a rider.

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Q: Can your beneficiary collect life insurance benefits even there is an outstanding billing in the hospital?
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What does HIB mean?

Medicare HIB stands for Hospital Insurance Benefits (vs. SMIB, or Supplemental Medical Insurance Benefits).


What does Medicare HIB mean?

Medicare HIB stands for Hospital Insurance Benefits (vs. SMIB, or Supplemental Medical Insurance Benefits).


When a divorced father passes away and there's only a living will a small life insurance policy for the funeral and Daughter is made power of attorney is she responsible for remaining medical bill?

She is not responsible for the medical bill as long as the didn't sign at the hospital saying she was the responsible party. Was the daughter the beneficiary of the life insurance policy? If the beneficiary of the policy was the estate of the insured then the hospital can file a lien against the estate and life insurance to cover the medical bills. If the beneficiary was a funeral home to pay for a prearranged funeral then the hospital cannot attach the policy proceeds. If the beneficiary was the daughter directly then the hospital cannot claim the life insurance proceeds. However, this leaves the daughter with no obligation to use the entire amount for funeral arrangements.


What does the word beneficiary mean?

The beneficiary is the person who receives the proceeds from a life insurance policy upon the death of the insured person. In law, a beneficiary is one who is designated to receive something as a result of a legal arrangement or instrument. For example, a person may be the beneficiary of a will, trust, bank account, investment account or life insurance policy. On the other hand, a church, charitable organization, school, college, cemetery association, public television, hospital, museum, etc., could also be a beneficiary of a will, trust, account or insurance policy.


How many benefit periods are covered by hospital insurance during a Medicare beneficiary's lifetime?

Based on a ninety-day stay (All but $550/day).


What are some of the benefits offered by Aenta Medical Insurance?

Some of the benefits offered by the Aetna Medical Insurance include dental insurance coverage in certain states and coverage for prescription drugs. You also have coverage for hospital and specialist care.


What does primary beneficiary mean?

* the recipient of funds or other benefits * benefactive role: the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause * having or arising from a benefice; "a beneficiary baron" wordnet.princeton.edu/perl/webwn * A beneficiary (also, in trust law, referred to as the cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. ... en.wikipedia.org/wiki/Beneficiary * One who benefits from the distribution, especially of an estate en.wiktionary.org/wiki/beneficiary * An individual, institution, trustee or estate which receives, or may become eligible to receive, benefits under a will, insurance policy, retirement plan, annuity, trust or other contract upon the death of a certain person. www.statefarm.com/learning/life_stages/retire/glossary.asp * The Beneficiary is the person named by the Account Owner in the Account Application (or in a Change of Beneficiary form) who receives the benefit of the Account. www.mnsaves.org/faq/glossary.html * A lender under a note secured by a deed of trust. www.gloriabryant.com/glossary.aspx * the person or legal entity that receives the annuity death benefit upon death of the contract owner or annuitant. annuityspecs.com/Page.aspx * The beneficiary is the person or persons to whom the insurance proceeds are payable when the insured dies. A policy owner may also name a contingent beneficiary to become the beneficiary if all the beneficiary's die while the insured is alive. ... www.ampminsure.org/notepad/terminology.html * The person or persons designated by a policyholder to receive insurance policy proceeds. www.gisbenefits.com/glossary.htm * The person who is to receive the benefits from a trust fund. www.jocobuilder.com/gloss.htm * A person who is eligible to receive benefits from an insurance policy. www.medtronicsofamordanek.com/spineline/hospital/definitions.html * A person designated by a participant or one who, by the terms of the plan, is or becomes eligible for benefits under the plan. www.mgo-inc.com/pendefs.html * The person in whose favor a letter of credit is issued or a draft is drawn. www.usaexportimport.com/glossary.php * The person who, upon the insured's death, has the first right to receive insurance proceeds. www.spectruminsurancegroup.com/glossary_p.php * In the event an employee dies, benefits are paid to the person or persons listed as primary beneficiary(ies). ... www.occc.edu/HumanResources/glossary.html * The beneficiary named as first to receive proceeds or benefits from a policy when they become due. (LI) www.ggil.biz/glossary/p.html * A person or organization designated to receive the funds or other property from a trust, insurance policy, retirement account or other contract. www.schwab-global.com/public/schwab-gcb-en/investing_from_outside_the_us/glossary/glossary_j_r.html * The first person named in the policy as beneficiary. www.lifeinsurancesouthflorida.com/Resources/glossary.html


What does primary beneficiary?

* the recipient of funds or other benefits * benefactive role: the semantic role of the intended recipient who benefits from the happening denoted by the verb in the clause * having or arising from a benefice; "a beneficiary baron" wordnet.princeton.edu/perl/webwn * A beneficiary (also, in trust law, referred to as the cestui que use) in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. ... en.wikipedia.org/wiki/Beneficiary * One who benefits from the distribution, especially of an estate en.wiktionary.org/wiki/beneficiary * An individual, institution, trustee or estate which receives, or may become eligible to receive, benefits under a will, insurance policy, retirement plan, annuity, trust or other contract upon the death of a certain person. www.statefarm.com/learning/life_stages/retire/glossary.asp * The Beneficiary is the person named by the Account Owner in the Account Application (or in a Change of Beneficiary form) who receives the benefit of the Account. www.mnsaves.org/faq/glossary.html * A lender under a note secured by a deed of trust. www.gloriabryant.com/glossary.aspx * the person or legal entity that receives the annuity death benefit upon death of the contract owner or annuitant. annuityspecs.com/Page.aspx * The beneficiary is the person or persons to whom the insurance proceeds are payable when the insured dies. A policy owner may also name a contingent beneficiary to become the beneficiary if all the beneficiary's die while the insured is alive. ... www.ampminsure.org/notepad/terminology.html * The person or persons designated by a policyholder to receive insurance policy proceeds. www.gisbenefits.com/glossary.htm * The person who is to receive the benefits from a trust fund. www.jocobuilder.com/gloss.htm * A person who is eligible to receive benefits from an insurance policy. www.medtronicsofamordanek.com/spineline/hospital/definitions.html * A person designated by a participant or one who, by the terms of the plan, is or becomes eligible for benefits under the plan. www.mgo-inc.com/pendefs.html * The person in whose favor a letter of credit is issued or a draft is drawn. www.usaexportimport.com/glossary.php * The person who, upon the insured's death, has the first right to receive insurance proceeds. www.spectruminsurancegroup.com/glossary_p.php * In the event an employee dies, benefits are paid to the person or persons listed as primary beneficiary(ies). ... www.occc.edu/HumanResources/glossary.html * The beneficiary named as first to receive proceeds or benefits from a policy when they become due. (LI) www.ggil.biz/glossary/p.html * A person or organization designated to receive the funds or other property from a trust, insurance policy, retirement account or other contract. www.schwab-global.com/public/schwab-gcb-en/investing_from_outside_the_us/glossary/glossary_j_r.html * The first person named in the policy as beneficiary. www.lifeinsurancesouthflorida.com/Resources/glossary.html


Is Medicare taken out of your social security?

For most persons, Medicare Part A (Hospital Insurance Benefits, or HIB) is free. Medicare Part B (Supplemental Medical Insurance Benefits, or SMIB) premiums are typically deducted from one's Social Security benefits.


What are the benefits of maternity insurance?

Maternity insurance basically gives you peace of mind. It usually covers any surgery associated with your pregnancy and the duration of your hospital stay.


Can a hospital garnish your wages due to an outstanding balance My insurance paid most of the debt?

No...they do not have the right to garnish wages unless you signed a consent form agreeing to such.


What services are offered by Acceptance Insurance?

Acceptance Insurance is a company that is dedicated to a variety of different insurance policies. They are known to provide services such as Auto, Renters and Motorcycle insurance as well as Roadside Assistance and Hospital Benefits.