Search Results Tag: Insurance Companies

Women’s reproductive health issues

Taking a straightforward approach to this issue, we can say that unless more women produce more babies, we shall all be in big trouble. As a nation, the average age is increasing rapidly as the boomers approach retirement age. This is going to place an ever greater strain on the people still working as more tax revenue will be required to pay for the healthcare of our retirees. So, from a strictly economic point of view, we can side with the policies maximizing fertility and promoting childbearing to all couples. Unfortunately, this gets mixed up in the pro-life, anti-abortion stance of many Republicans. As it stands, their view is not wholly rational. From a moral stance, the largely Christian right is hostile to any policy that terminates a pregnancy. There are also objections to the use of contraceptives. Yet there’s equal hostility to any suggestion that taxes should increase to cover the rising costs of caring for the retirees. The assumption seems to be that our seniors should all be prepared to pay their own way out of savings. The “little government” movement wants all public services cut back and all entitlement programs severely limited.

In the recent recall elections in Wisconsin, one of the issues was the cuts to the clinics and programs offering help and support to women. Governor Walker had cut several million from the family planning programs. This is somewhat ironic because Obamacare will require insurance companies to cover the cost of birth control. In practical terms, this puts Wisconsin on a collision course with the federal government because his policies aim to eliminate birth control services in his state. When you take an axe to a range of services that advise thousands on how to avoid unwanted pregnancies, deal with sexually transmitted diseases including HIV, and screen for cervical cancer, this sends a very clear message to women on the priority accorded their reproductive health.

Not surprisingly, Right to Life groups around America actively campaign for all states to adopt this approach. Although, naturally, the focus falls on abortion, when clinics close through a lack of funding, all their other services are lost to the community. Taking nothing away from the strength of their moral conviction, there’s no attempt to cost the drain on public funds when unplanned pregnancies come to term. Many of the mothers have no access to insurance so their medical care and the care of the children comes out of public funds. If these women do not work, there’s a further drain through benefits. We may not like entitlement programs, but we should not ignore them when calculating the costs of policy proposals.

Under Obamacare, there’s a new accent on preventative care. The earlier the diagnosis, the more cost-effective the treatment. If access to reproductive care is also classified as preventative, this will have profound implications for the health insurance debate. This will open up a new war of words between the liberal establishment that favors funding women’s healthcare, and the GOP which campaigns aggressively to withdraw funding from any healthcare service that directly or indirectly supports abortion or fails to emphasize abstinence rather than contraception. So, because these health insurance issues should be resolved during 2012, we can expect men to begin debating how much healthcare women should receive.

Reminders on discounts

There’s a reason why most sites like this talk about discounts as the best way of saving money. It happens to be true but, to take advantage of the discounts safely, you need to think carefully. Let’s start with the most commonly mentioned. All you have to do to make big savings is to increase your deductible. Indeed, the theory is often proved correct that an increase from $500 to $1000 can save you up to 25% of the annual premium. But there are two issues to think about.

Many insurance companies are already increasing the deductible whether you asked for it or not. The reason for this is the rise in the number of claims from bad weather. No matter what your view on global warming or climate change, the last two years have seen record-breaking claims for damage caused by snow, flooding, tornadoes and hurricanes. This year is ending on another unusual note with unexpected snowfall disrupting the northeast in late October, early November. The amount of snow and disruption to more than 2 million homes has broken new records for October for West Virginia through to Maine. All these additional claims mean premium rates will be going up again next year, and the deductibles are being adjusted on a take-it-or-leave-it basis. Don’t be caught out. Before you raise the deductible yourself, find out what your insurer has done. Second, if you do increase the deductible, can you afford to self-insure all the small accidental losses around the home? If not, resist rises in the deductible.

Now on to the other discounts. In the good old days before the internet, people used to rely on the agent to claim all the discounts. These people knew you and your home. They understood the inner working of the insurers. They used to protect you (well, they were supposed to protect you). Now you have moved online, you are the only one who can look out for your own interests. There are a range of monitors and sensors you can fit to your home that will save you money. The details will vary from company to company so, before you spend any money, get a list of the approved devices and cost their installation. Never fit anything unless you can recover the cost in savings within a reasonable period of time. These include central station alarm systems for both unauthorized entry and temperature rises, smoke, water and gas leaks, and so on. Whenever you renovate, ensure your rebuilding cover is increased and that you gain access to the discounts.

Finally, revisit the question of bundling policies together with the same insurer. Almost all companies will give you a discount if you give them more business. So if you have one or two family cars, giving the same company both the auto and homeowners insurance policies can represent at least 10% in savings. This needs quite careful research to confirm. Get as many quotes as possible for individual cover with different companies, and then look at what savings you will get if you bundle with any one of them. Never assume one of your existing companies will give you the best deal. Always shop around and get as many car and homeowners insurance quotes as possible.

Small frauds

Everyone knows about the professional criminals who are now working up and down the country to bilk insurers out of their money. They stage accidents, fake injuries and receive several billion dollars a year for their trouble. Why, you ask, do they get away with this. The answer comes in two parts. The first is at state level. As you might have noticed, almost all states are running deficits and are under pressure to find savings – for some reason, no state wants to be seen raising taxes. This means even essential services are being cut. So when it comes to law enforcement, where does a Police Chief spend his reduced budget? What are the priorities? Well, we all want to feel safe so a focus on violent crimes like robbery and burglary wins votes in the election. So-called white collar crime takes a back seat. That means local police forces only investigate fraud when it’s really serious, i.e. there’s a lot of media coverage. The FBI are interested in anything crossing state lines and there is a task force set up to deal with insurance fraud. But this is a drop in the ocean when you consider how many billion dollars are involved every year.

The second reason is that you are not exactly overjoyed by the prospect of better fraud detection. Just imagine the sequence of events. Insurance companies have to recruit and train investigators to work alongside claims adjusters. This immediately boosts the insurer’s costs which get passed on to you in higher premium rates. Now all these eager-beaver investigators finish their training and they are released on to the current files. Suddenly everything slows down as these investigators decide whether there’s anything fishy about your claim. How long are you going to put up with someone poking around your claim to decide whether you really did suffer whiplash in that accident? At what point do you start complaining? It’s possible, of course, that these investigators may detect real fraud. If so, the savings they make could start paying their salaries and the premium rates would come down. Well that’s the theory, anyway, and we can all dream.

This leaves all those little frauds. Now we have pay-as-you-drive black boxes, this does away with the most common which was people lying about their mileage. Honest drivers with low mileage can now enjoy their justified discounts. Everyone else can go back to paying the proper rate. But this still leaves about $15 billion in other problems. You would be amazed (well, that’s probably an exaggeration) at the extent to which people lie. They forget to tell the insurers exactly who will be driving the family car, or they edit the driver’s experience, age or marital status. Relatives suddenly develop membership of clubs and affinity groups which produce discounts, and all this is before we get to those who forget to mention they are using their vehicle in a business. Yes, these are only small frauds, only barely dishonest really. But the industry estimates it loses $15 billion a year because of these little lies. That’s $15 billion we all have to cover with higher car insurance rates. So, be honest, what would you prefer: everyone telling the truth and most paying lower rates, or higher car insurance quotes to cover this continuing dishonesty?

Things left undone

According to the Book of Common Prayer we often leave undone the things we ought to have done. It’s a fact of life. In many ways, we are our own worst enemies. Yet, for most everyday purposes, there are no penalties. We do the things we left undone when we have the time. We might never actually catch up with the backlog, but we keep moving forward. Except there are times when the failure produces instant consequences and, no matter how hard we try, it’s impossible to go back and put it right. Let’s be clear about this. The majority of traffic accidents could be avoided if everyone followed the rules of the road and kept a proper lookout. But we are easily distracted, multitasking when we should focus on the driving. This leaves the insurance companies with a bill and a problem.

In a no-fault state, it does not matter whether the insured driver or the others involved were negligent. The insurance company pays out regardless. But this only applies in twelve states. The remainder rely on the law of tort which order the party at fault to pay compensation to the other. So, if you were not at fault, your insurance company collects the compensation from the other driver and, in theory, suffers no loss. But if the other driver was not insured or underinsured, or you were at fault, your insurer now faces a loss. If this was just down to the math, the insurer would calculate a “fair” premium rate increase and slowly recover the loss. But if the insurer put up the rate every time one of its drivers was at fault, many of those drivers would move to a competing company. So the math has to bend to match social considerations. Sometimes, the insurers have to accept the loss.

In this, we need to distinguish really serious errors of judgement from more everyday inattention. A driver who has an accident because of excess alcohol or drugs will be classified as high risk and the rates will automatically rise. Few people will argue against this. But suppose you open your car door and another vehicle crashes into it. We start with the general rule you should always look before opening your door. Even if you are not on the road, there’s still a risk you might hit someone walking past. So if a vehicle hits the door as you are opening it, that looks like your fault. But if the door has been open for a reasonable period of time, other drivers should see the problem and take evasive action. This is always a 50/50 decision for the insurer, but if you hit the other family car as you are leaving your driveway, this is always going to cause more problems. The first factor is that you cannot claim on the liability policy. This only cover liabilities to third parties. Your only hope lies in having collision cover on both vehicles. This form of car insurance pays out for the repair of your own vehicle if damaged in a collision. If it’s the same insurer, try negotiating for only one deductible payment, but don’t hold out much hope on the premium rate. The next car insurance quote is likely to be higher.

A Great Career With Medical Coding



Many people work hard in establishing good careers and raising their standards of living: these are the lucky ones who are able to finish their education and land a good occupation. Unfortunately, there are those who have other priorities or who do not have the proper skills training to join the world of traditional work. This creates a situation of unemployment- unless he or she finds a suitable career. An answer for this problem is finding a new option, and on of these possible career choices is Medical Coding.

Medical Coding is essentially the job of translating the medical observations about any procedure into alphanumeric codes. This translation objectively describes the details in a medical situation: from the illness of the patient, the kind of treatment provided, and whatever necessary information is present. This makes information storage and dissemination about highly sensitive and meticulous medical issues easy and possible on a highly impartial basis.

The good news is that medical coding is highly in demand in the present. Hospitals, health centers, physicians, organized health groups, government agencies and insurance companies need people who are adept to this position. Employers accept transcriptionists with minimum requirement and work experience. Remember, the medical field is not a stable science and needs to be regularly updated: hence, the need for many medical encoders to keep it accessible and allow knowledge to spread among the different areas of the study. Furthermore, most entry positions in the said career require only a high school diploma for potential employees. Now, however, employers prefer to hire those with medical billing and coding certification. This can be acquired either online or from an accredited training program. In this case, getting the education and the certification from this career is made easy and fast through technology which allows one to learn the needed skill efficiently and with the least amount of time.

A great advantage of medical coding is that it allows the person to do the work at home if he or she cannot do it in an office. As long as the person is familiar with using computers and can learn the medical billing and coding software needed, then he or she can get the job done. This makes it a good option for people who have many restrictions in their living situation situation. For example, mothers who cannot leave the home to take care of their children or people with physical disabilities can learn and earn without the rigorous demand of ordinary jobs. Also, those who are highly skilled in using computers or who would rather stay at home will still surely earn in this career and even find it profitable.

For more information regarding the possibility of entering this lucrative and accessible career, one can access medical billing and coding online school websites which offer preliminary information.

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Welcome , Today is Sunday May 20, 2012