Insurance is a term used to refer to the act, systems, or business where financial protection (or financial compensation) for life, property, health and so forth get reimbursement of events that can not be alleged that can occur such as death, loss, damage or pain, which involves regular premium payments within certain period of time in exchange for a policy that ensures the protection.
A Grace-ful Benefit Revolution
Over at Benefit Revolution, Craig Gottwals has an in-depth look at the 90 day grace period conundrum (about which Bob first blogged here last year). Briefly, folks who buy a plan on-Exchange (and who get a subsidy) have a unique opportunity to game the system in a big way.
Craig's post also features an interesting video of his (very) recent appearance on the A&G Radio show discussing the issue.