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Pacificenergy11-24-21
Level 1

two health insurance providers

Hi, how could make journal entry for 2 health provider. We are giving health insurance 50% companys account and 50% employees, 2 employees is for Staywell , 2 is for Netcare. However, when i try to create my liability payment total amnts goes to STaywell. I can adjust the payment to those 2 health providers by making journal entry correct? my question will be, What will be my debit and credit side for Journal entry. It is correct if I (dbn

1 Comment 1
Varner69
Level 1

two health insurance providers


@Pacificenergy11-24-21 wrote:

Hi, how could make journal entry for 2 health provider. We are giving health insurance 50% companys account and 50% employees, 2 employees is for Staywell , 2 is for Netcare. However, when i try to create my liability payment total amnts goes to epayitonline. I can adjust the payment to those 2 health providers by making journal entry correct? my question will be, What will be my debit and credit side for Journal entry. It is correct if I (dbn


A health insurance risk pool is a group of individuals whose medical costs are combined to calculate premiums. Pooling risks together allows the higher costs of the less healthy to be offset by the relatively lower costs of the healthy, either in a plan overall or within a premium rating category. In general, the larger the risk pool, the more predictable and stable the premiums can be.

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