Column: Pending Legislation Attacks Private Health Insurance, Raising Costs | Columnists

Ericka McPherson Oklahoma Families for Affordable Health Care Oklahoma Families for Affordable Health Care It’s a common refrain on Capitol Hill in Oklahoma that lawmakers should pursue free market solutions, avoid costly government mandates, and not support special interests rather than the best interests of all Oklahomans. When it comes to health care policy, many … Read more

Critical Illness Insurance Market Estimate

Newark, NJ, May 10, 2022 (GLOBE NEWSWIRE) — According to the report published by Fior Markets, the global critical illness insurance market is expected to grow from USD 68448.20 million in 2020 and reach USD 201788.07 million by 2028 growing at a CAGR of 14.47% during the forecast period 2021-2028. The critical illness insurance market … Read more

Is the family floating policy better than individual health coverage?

A family floating health insurance provides a single policy for all family members with a common sum insured for the family. The relatively lower cost of premiums compared to individual coverage, one-stop-shop policy opening for the family, and convenient policy maintenance with a one-time premium payment are advantages over individual policies. On the other hand, … Read more

Why you should opt for comprehensive health coverage in addition to your business insurance

Health emergencies are on the rise again, and in these times, health insurance is a term we hear quite often. But if we ask you, do you have health insurance? A fairly large population would say yes, counting only the social coverage offered by their employer. The figures undoubtedly testify to the fact that a … Read more

Sometimes it may be a good idea to change or discontinue your Medigap plan

miodrag ignjatovic | E+ | Getty Images If you have a Medicare supplement plan — aka Medigap — there may be times when it’s worth making sure it’s still best suited for you. Medigap policies are standardized — plans of the same name offer identical benefits regardless of the private insurance company that sells them … Read more

Health insurance is the next real estate for entrepreneurs

Opinions expressed by Entrepreneur the contributors are theirs. Entrepreneurship is simply to insert a risk between you and your profit targets. Having a job is risky enough. I heard Marc Cuban say that having a job is like being self-employed with one client. I loved it, but back to the risk. If the risk is … Read more

Youngkin’s veto could impact health insurance prices for smokers and non-smokers

RICHMOND, Va. (WRIC) – A chopping block bill this week could impact health insurance prices for smokers and non-smokers alike across Virginia. If the General Assembly overrides Governor Glenn Youngkin’s veto and the legislation is signed into law, it would prohibit insurance companies from charging tobacco users up to 50% more than non-smokers starting January … Read more

Youngkin’s veto could impact health insurance prices for smokers and non-smokers

RICHMOND, Va. (WRIC) — A chopping block bill could impact health insurance prices for smokers and non-smokers alike across Virginia. If the General Assembly overrides Gov. Glenn Youngkin’s veto this week and the legislation is signed into law, it would ban insurance companies from charging smokers up to 50% more than non-smokers starting Jan. 1 … Read more

Cap on drug price hikes for privately-provided battle of sparks | Economic news

By RICARDO ALONSO-ZALDIVAR, Associated Press WASHINGTON (AP) — Workers and families with private health insurance would save money on prescription drugs thanks to a little-noticed provision in President Joe Biden’s sweeping social agenda bill. It aims to break the cycle of annual price increases for widely used drugs. This provision would require pharmaceutical companies to … Read more

5 takeaways for general insurance from last year

1. Online validation Acko and Go Digit, the two fastest growing companies in the non-life segment in 2021-22, are both challenging the industry’s historic sales model. Among the youngest, their two business models revolve around the online space. Both were licensed in September 2017. While Acko’s latest gross premium growth is on a small base, … Read more