Filed under: Insurance, Health, Insurance – Health Insurance
With the threat of having to rebate customers if they make too much profit, Anthem Blue Cross withdrew its request for premium increases as high as 39%. That’s great news for an estimated 800,000 Californians who buy individual health insurance policies from Anthem Blue Cross, a subsidiary of WellPoint.
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Filed under: Extracurriculars, Insurance
As someone who doesn’t golf much and has never hit a hole-in-one, no matter how good the odds, I don’t expect I’ll ever need hole-in-one insurance. But some people must, because there’s a market for it, among other types of odd insurance.
Golfers traditionally buy a round of drinks at the golf course bar after hitting a hole-in-one, and some bars have a hole-in-one jar for golfers to make occasional donations to and cover any future holes-in-one they might sink.
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Filed under: Insurance, Travel, As Seen on TV, In the News
Hurricanes. Earthquakes. Riots. Airline strikes. Volcanic eruptions. There are so many things that could foil even the best laid vacation plans this summer.
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Filed under: Insurance, Health, Insurance – Health Insurance
We’ve been seeing a lot of stories about people who say they’re healthy and shouldn’t be forced to waste the money on health insurance. For example, a recent story in The New York Times talks about a man who earns about $25,000 and never bought health insurance and doesn’t think he needs it. He doesn’t want to spend money on something he calls a “maybe” — maybe I’ll get sick.
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Filed under: Money College, Insurance, Health, Insurance – Health Insurance
Major insurers — Humana, Kaiser Permanente, UnitedHealthCare, and WellPoint — announced they will extend insurance to those graduating from college and soon to be kicked off their parents’ health insurance plans. Officially, the new healthcare reform law requires health insurers to allow young adults to stay on their parents’ plan until they are 26, but that provision doesn’t kick in until Sept. 23.
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Filed under: Insurance, Travel
With some European air service resuming today or tomorrow, the next few days will likely be dominated by news regarding how travel insurance companies are dealing with what volcanic ash did to people’s travel plans. The short answer: Well, there is no short answer.
Several large travel insurance companies said call volume skyrocketed to 50% higher than normal this weekend as stranded passengers grappled with whether their plans would pay out for mounting hotel, transportation and food costs. Some travelers even reported that their hotel costs went up overnight, in some cases leaving them broke.
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Filed under: Insurance, Health, Insurance – Health Insurance
While it may be only one insurer — UnitedHealth Group — focusing on only one disease — Type 2 diabetes — the new program announced by UnitedHealth and the YMCA may be a sign of things to come. Clearly, UnitedHealth understands that spending on disease prevention now can save billions later.
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Filed under: Insurance, Retire, Health
Yesterday, I heard gerontologist Ken Dychtwald talk about relying on family to take care of you when you’re old. He was reporting on a survey for long-term care insurer Genworth, confirming what I would have guessed — most people would rather die than be dependent on a family member to wipe their butt in their old age.
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Filed under: Insurance, Real Estate, Insurance – Home Insurance
Better lock your doors! The results of CQ Press’s annual State Crime Rankings are in and, for some states, the results aren’t pretty. For nearly two decades, these rankings have shown how the 50 states compare against the national average for six crimes: murder, rape, robbery, aggravated assault, burglary and motor vehicle theft.
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