People will buy health insurance because it is supposed to be a form of protection. It helps individuals and families be able to pay for the healthcare that they need. Unfortunately, some insurers are approving certain treatments or surgeries, and then are reversing their decision. This leaves the consumer stuck having to pay for the entire bill. It is called a reversal. This is the term used when a health insurance company abruptly changes its mind about covering a treatment, surgery, medication, or doctor’s visit that it originally approved coverage of. When this happens, it means that the insurer has … Continue reading →

The weekly Insurance Podcast Roundup helps keep you informed about new changes to insurance that can affect you. You can also listen to podcasts that advise about certain types of insurance, and keep up with the latest news regarding health insurance. NPR has an episode of “Talk of the Nation” that was released on November 22, 2011. This episode is called “ADHD Sufferers Fear an Adderall Shortage”. Host Neal Conan points out that the Drug Enforcement Administration thinks that the problem is not really a shortage, but is actually a problem with distribution. He interviews several adults who have been … Continue reading →

A new Gallup Poll shows that so far, the health care reform laws haven’t done much to impact the health insurance coverage for older Americans. The number of younger Americans with health insurance coverage has increased. The reform is just keeping up with the decrease in employer sponsored health insurance. The Affordable Care Act has declined in popularity lately, (even among Democrats). A survey done in October of 2011 by the Kaiser Family Foundation found that American’s favorable view of the health care reform law has dropped to a new low. It hasn’t been this low since March of 2010, … Continue reading →

There is some debate about whether or not state health insurance plans should cover bariatric surgery. Some people feel that people should have to pay for this surgery on their own, without the use of “taxpayer money”. Others point to the lifesaving benefits of this type of surgery, and its expense. For some reason, there are a lot of people who feel that people who use a state or federal form of health insurance should not have access to the range of health care treatments and services that are available to people who are able to afford to pay for … Continue reading →

An insurance company in Michigan has sued the United States Justice Department over a wrecked Ferrari. An FBI agent totaled the car while moving it from one location to another. The Justice Department is now refusing to pay the insurer the $750,000 it is asking for. There are a lot of people who would list a Ferrari as their dream car. It was a 1995 Ferrari F50. There were only 50 of these vehicles in the entire United States. Therefore, it was a very special Ferrari that was involved in an accident. In 2003, the rare Ferrari was stolen from … Continue reading →

In December of 2010, the Insurance Institute for Highway Safety created a list of what they considered to be the safest vehicles of 2011. In April of 2011, they released their list of the safest electric cars. This is the first time electric cars have been safety tested by an insurance group. The Insurance Institute for Highway Safety is non-profit, independent, scientific group. It also is an educational organization. This group is very dedicated to reducing the number of deaths, injuries, and property damage that occurs due to automobile crashes that happen on the nation’s highways. This group is not … Continue reading →

In times of financial trouble, it is understandable for a person to consider cashing out a life insurance policy in order to come up with some extra funds right when you need them the most. Once you cash out a life insurance policy it will be gone, forever. Fortunately, there are some options that you can choose other than cashing out your life insurance policy. I recently cashed out an old life insurance policy. I didn’t decide to do this until I had a new life insurance policy in place, that was going to meet my family’s needs much better … Continue reading →

This is either a fantastically innovative idea, or a disaster waiting to happen. State Farm insurance is trying something new called State Farm Next Door. It’s not an insurance office, and it will have free Wi-Fi. It seems to be a way for the State Farm insurance company to connect with young adults. There will be a State Farm Next Door located in Chicago, Illinois, that is set to open on August 1, 2011. It isn’t an insurance office. Instead, it’s something completely “out of the box”, that seems to be designed specifically to attract young adults to the location. … Continue reading →

In general, if you are paying for health insurance, there is the expectation that the insurance will cover the health care that you require. Many Americans (including myself), are using some form of alternative medicine, either instead of traditional medicine, or in addition to it. There is a growing push to require health insurance companies to cover acupuncture and massage treatments. I just started having acupuncture treatment in an attempt to improve my chronic allergies. Now, I don’t have health insurance, at all, so I went in completely aware that I would be paying for all of my treatments out … Continue reading →