Many people enjoy a range of benefits as part of their employment contract, including private health insurance; however, when people retire they are finding it difficult to afford the cost of private medical insurance. Companies receive large discounts on insurance policies because of group discounts and doing their own paperwork; larger companies have also effectively […]
Category “Health insurance”
Retired workers struggling to afford health insurance-1894
November 16th, 2010Plans for portable medical insurance announced-0976
November 16th, 2010Representatives from the Insurance Regulatory and Development Authority (IRDA) have announced that it is considering making health insurance portable. The new measure would enable consumers to change their insurance provider without losing the benefits of their previous policy. Currently, consumers are obliged to stay with one provider because of the waiting times imposed by insurance […]
Legal aid cut in a bid to save money-6658
November 16th, 2010Legal aid will be cut in a bid to save money, it has been revealed. Justice Minister, Ken Clarke revealed that legal aid will now only be provided for those in desperate need, as the state looks to reduce the legal aid bill by 350 million pounds. The legal aid programme currently costs 2.1 billion […]
Experts predict obesity time bomb and urge patients to get private medical insurance-3555
November 12th, 2010Information about healthy living, exercise and healthy eating is everywhere, yet obesity is rising at alarming levels. According to the Government’s Foresight Thinktank, 60 percent of adult men, 50 percent of adult women and 25 percent of children will be clinically obese by 2050; it is estimated that obesity will cost more than 45 billion […]
Major Insurance Problem In The USA-4387
November 11th, 2010While British citizens take the National Health Service for granted, US citizens require health insurance to pay for treatment. However reports suggest that nearly 59 million people in the country do not have any form of medical insurance. The report’s author Frieden also says that during the first quarter of 2010, a staggering 30.4 million […]
Rising insurance costs blamed on accident lawyers-9345
November 9th, 2010A committee of MPs has been told that consumers are set to face higher bills for their car insurance, because the increasing number of no-win-no-fee lawyers has pushed up personal injury claims. The Transport Select Committee heard from Duncan Anderson of the EMB Consultancy, that premiums have risen by 40% over the last year, with […]
NHS Top-Up Plan to Allows Patients to Claim Out of Pocket Expenses-8888
November 5th, 2010With the NHS facing funding cuts of around £6 billion pounds a year, many people are having to pay for medical treatment out of pocket, and the expenses are beginning to rack up. Expenses for things not even related to treatments are also beginning to wreak havoc on people’s purses from parking costs, telephone fees […]
Costs and benefits of health insurance on the rise-5244
October 29th, 2010Last year’s “open enrolment” season (where workers sign up for health benefits for the following year) has brought about new prices – but it’s not all doom and gloom. This year the Bay Area, including San Jose, will see the price of group health insurance rise by 9 per cent. According to a study conducted […]
Legal fee costs for personal injury claims adding £40 to the cost of car insurance policies-1169
October 29th, 2010Statistics have shown that legal fee costs for personal injury claims are adding on average £40 to the cost of a yearly car insurance policy. Ten pence from every pound spent on car insurance premiums will go directly to personal injury lawyers due to rising legal fee costs of personal injury claims after an increase […]
City workers claiming for cosmetic surgery-7040
October 27th, 2010An associate of the School Board in the US city of Buffalo has revealed how many of the city’s teachers and administrators are taking advantage of a clause in their health care insurance which allows them to claim for cosmetic surgery procedures. Chris Jacobs has revealed that while the inclusion of cosmetic surgery in the […]
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