The Hard Time Insurers are Facing from the Press over Critical Illness Insurance Recent stories in the press have again lambasted the insurers over critical illness insurance. The core problem is that a critical illness claim is not as straightforward as, for example, a claim under life insurance. With life insurance it's going to be hard for the insurance company to argue that you're not dead! By their very nature, critical...more
The Non-Disclosure Problem of Critical Illness Insurance If you're in the unfortunate position of having to make a claim on your critical illness insurance policy, the last thing you want is insensitive hassle or apparent non co-operation from your insurer. But according to numerous newspaper articles, that's precisely what's happening. The core problem is that before they'll pay out, the insurer will always want to make exhaustive...more
The Michigan Health Insurance Expert 1. What provisions begin soon? Beginning in 2010, children up to age 26 would be allowed to remain on their parents' health plan. People with pre-existing medical conditions would be eligible for a new federally funded "high-risk" insurance program. Some small businesses could qualify for tax credits of up to 35% of the cost of premiums. Insurance plans could no longer set lifetime caps on coverage and could not cancel policies when a patient gets sick. Health plans would also be prohibited from excluding pre-existing conditions from coverage for children. 2. When do the main reform changes kick in? The main reforms will begin in 2014. That's when insurance marketplaces would be set up in states to offer competitive pricing on health policies for individuals and small businesses that don't have coverage. People with a pre-existing condition would no longer be denied coverage, and all lifetime and annual limits on coverage would be eliminated. Low-income Americans would be covered by an expanded Medicaid. 3. What are the requirements for individuals to buy insurance? Starting in 2014, a person who did not obtain coverage would...more
Reviewing Common Autism Treatments Autism is a developmental disability that affects both children and adults. The symptoms of autism are usually diagnosed within the first three years of the child's life. These symptoms may be more pronounced in some than others and will often affect both the social and communication abilities of...more
Be Sure You Know What Your Health Insurance Does Not Cover Around 7 million people in the UK are covered by health insurance, the majority being covered through their employers. The problem is that few have really studied their policy documents and many misunderstand what is covered. And perhaps just as important, what isn't. If you...more
Is a Little Bit of Health Insurance Better than No Health Insurance? About 50 years ago, health insurance started to be an attractive incentive offered by employers to attract and keep good employees. Overall, group plans tended to be inexpensive for employers, with employees contributing a small amount of money or none at all to secure health insurance for themselves and their families.It was more expensive for individuals to pay for non-group policies, but coverage was fairly affordable. Then medical costs started to rise, people started to live longer and the medical profession became adept at curing various diseases and saving and prolonging the lives of people with serious injuries and life-threatening illnesses. Health care and insurance prices started rising much more quickly than annual incomes and premiums began taxing both employers, who were paying the lion's share of premiums, and for employees, to whom businesses often passed on costs through larger deductibles, greater out of pocket expenses and higher premiums.According to a recent report by the MSNBC News Service, 41 percent of Americans whose income ranges from moderate to middle had no health...more
Understanding Health Insurance Brokers and Health Insurance If you are in the market to purchase your own health insurance coverage you can save yourself precious time and money by shopping and comparing policies right online. Sites...more
Can Unemployed Individuals Avail of Health Insurance? Unemployed individuals may think that they no longer have options when it comes to finding an affordable health insurance. In line with the recent layoffs, however, these...more
How to Save with Florida Health Insurance Options How fast a serious illness or injury can lead to tens of thousands of dollars in related medical fees may shock you, and the need for Florida Health Insurance Plans to protect your...more
Health Insurance Option for Unemployed Individuals If you are unemployed, you can still find options for affordable health insurance. You may check into cobra which will help to convert your previous group health insurance policy...more
Affordable Health Insurance Premium in California We all know the importance of having health insurance. After all, we want to make sure that our loved ones are taken care of when we do not exist. But before you move out and purchase a...more
The Truth of Critical Illness Insurance Insurers treat the non-disclosure of information on an application form very seriously indeed, and it is the most common cause for the rejection of a life or critical illness insurance claim....more