health insurance companies

How Much Is Life Insurance?

sarah08/03/2023 17 Views

Some companies, such as Progressive Life Insurance, don’t underwrite policies directly but make policies available through other insurers.

Factors Influencing Cost

Type of Policy

Since permanent life insurance policies are designed to last your entire life, they’re more expensive than term policies. In fact, a permanent policy premium can cost up to 10 times that of a term policy for the same amount of coverage (see chart above). Generally, whole life insurance has the highest premiums of permanent policies, while universal life insurance is more affordable—both are intended to cover you as long as you’re alive, but whole life insurance

…

8 min read

Health Insurance

niva bupa health insurance: Niva Bupa launches health insurance plan ‘ReAssure 2.0’

sarah26/02/2023 17 Views

Niva Bupa Health Insurance on Thursday announced the launch of the health insurance policy ‘ReAssure 2.0’. The first of its kind indemnity plan offers lock-in of entry age until a policyholder makes his/her first claim, helping customers save on premiums.

Niva Bupa Health Insurance MD and CEO Krishnan Ramachandran said with this product, “we have addressed the prevailing concerns of customers which act as a hindrance during health insurance purchases.

“We have designed this product in a unique way that will encourage customers to start investing for their health and financial security at an early age,” Ramachandran said.

This new-age

…

2 min read

Health Insurance

What’s the difference between travel insurance and medical insurance? Do I need both?

sarah25/02/2023 58 Views

Canadians love to travel, with more than doubling passenger traffic from January 2022 to January 2023 at eight of Canada’s largest airports according to data from the Canadian Air Transport Security Authority.

With the fun of choosing a destination and finding the best deals, and the not-so-fun part of massive airport line-ups and lost luggage, comes a more practical question. Do you need travel insurance or medical insurance?

Which one is better? Do they cover the same thing? Let’s look at the differences and similarities between the two and when you may need them.

What is travel insurance?

Travel insurance

…

4 min read

Health Insurance

Health-insurance stocks drop after Medicare Advantage proposes lower rates for 2024

sarah16/02/2023 16 Views

A proposal for lower-than-expected Medicare Advantage rates in 2024 has sent shares of publicly traded health insurers falling.

UnitedHealth Group Inc.’s UNH,
-0.32%
stock fell 1.2% in trading on Thursday, shares of Elevance Health Inc. ELV,
-0.89%
were down 3.3% and Molina Healthcare Inc.’s MOH,
-1.34%
stock tumbled 1.6%. Centene Corp.’s CNC,
-0.38%
stock was down 3.0%, shares of Cigna Corp. CI,
-0.26%
dropped 2.2% and Humana Inc.’s HUM,
-0.67%
stock declined 3.3%.

The Centers for Medicare and Medicaid Services on Wednesday proposed new Medicare Advantage rates for 2024, including a core rate increase of 2.09%. Rates have averaged 3.3%

…

2 min read

Health Insurance

LASHMA offers free health insurance to vulnerable in ljede council | The Guardian Nigeria News

sarah11/02/2023 12 Views

To ensure access to quality healthcare, the Lagos State Health Management Agency (LASHMA) has offered free health insurance to the vulnerable in Ijede Local Council Development Area (LCDA).

The General Manager, LASMA, Dr. Emmanuella Zamba, who spoke at the flag-off of EKO Social Health Alliance ‘(EKOSHA) Community Storm’ in the council, commended the governor for his support, especially in providing special funds for the actualization of free health insurance coverage for the vulnerable in the state through EKOSHA, in accordance with the provisions of the State Health Scheme (LSHS) law.

She explained that the initiative is designed to provide a

…

3 min read

Health Insurance

Aditya Birla Health Insurance unveils the New Health Normal report

sarah09/02/2023 16 Views

The report shows that health insurance awareness has increased in the past few years and more people are investing in health insurance with each passing year

Aditya Birla Health Insurance Co. Limited. (ABHICL), the health insurance subsidiary of Aditya Birla Capital Limited (ABCL) unveiled The New Health Normal report. As a key player in the health ecosystem in India, ABHICL undertook the survey, designed to identify the key changes in consumer behavior from a health perspective. This research was conducted with 6600 respondents across 19 key cities covering the length and breadth of India.

The rise in uncertainty and anxiety

…

3 min read

Health Insurance

Where Do Healthcare Breaches Come From?

sarah08/02/2023 19 Views

While we have seen an increase in healthcare data breaches stemming from vendor vulnerabilities, there can be a variety of sources.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

Recent breaches have demonstrated various sources of data breaches.

One source is from vendors and vendor tools.

We have seen a large uptick in vendor cyber attacks, as cybercriminals have found it easier to hack vendors than the healthcare entities directly. Many vendors have less security measures in place

…

2 min read

Health Insurance

US spends way more on healthcare, but has worse outcomes than wealthy peers

sarah31/01/2023 40 Views

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to [email protected]. Please include your name and the best way to reach you. A reporter may be in touch.

The US spends far more money on healthcare when compared to other high-income countries, yet remains without universal health-insurance coverage and performs worse on several key health indicators, according to a new report.

Using data from the Organization for Economic Cooperation and Development, which compiles health statistics across its 38 member countries,

…

4 min read