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I am surviving surgery and getting back to the keyboard. It’s amazing how much control insurance companies have over the amount and type of medical treatment and care a person receives. I have always been confused when my doctors tell me they would like me to stay another day in the hospital, but because I am doing so well insurance won’t approve another day. The better a patient does, the less time they should need in the care of the hospital. There are of course always, exceptions to the rules and ways to manipulate things. The truth be told, I was happy to be sent home after 48 hours.
Thursday, March 1, 2007.
- The Basics of Health Savings Accounts (HSA’s) A Health Savings Account is a savings account where money is deposited on a tax-preferred basis and used to pay medical and health costs not covered under a qualifying High Deductible Health Plan. The only insurance policy or product a person is required to purchase in order to have a HSA would be High Deductible Health Plan.
Friday, March 2, 2007.
Do you ever wonder how an insurance company figures out how much money they want you to pay for your insurance policy? It takes someone and a bunch of computers to determine the premium we pay, and it all ends with an Actuary. The newest Blog in the Business of Insurance is:
- What is an Insurance Actuary? Actuaries are professionals who find the mathematical way to manage the odds of a risk. An actuary uses analytical skills, business knowledge and understanding of human behavior in order to create and manage insurance programs designed to control risks and establish insurance premiums.
Related Insurance Blogs:
Saturday, March 3, 2007.
- AAA – Help on the Road and Beyond For most Americans the first thing we think of when we hear AAA is the emergency road service offered to members. While the emergency road service and maps are cornerstones of the AAA organization, today AAA has expanded services and now offers a range of other services and insurance products.
Related Insurance Company Reviews and Information:
- AM Best The Insurance Information Source AM Best is the best source of information about the stability of Insurance Companies.
Sunday, March 4, 2007
- The Insurance Application Is the first statement of facts. The correct personal information given to the insurance company by a person wanting a new insurance policy. The Insurance company double checks everything on the application and decide if the risk an acceptable risk for the insurance company.
Monday, March 5, 2007.
- Parental Liability: Civil Behavior and Criminal Children. Parental liability is the term used to define the parent’s responsibility to pay for any damages caused by negligent, intentional, or the criminal behavior and acts of their child or children.
Stay tuned for more Insurance Blogs!
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Families.com Blogs are for informational purposes only. Families.com assumes no responsibility for consumer choices. Consumers are reminded that it is their responsibility to research their choices properly and speak to a certified insurance professional prior to making any decision as important as an insurance purchase.