$1 Million Grant Would Bolster Industry-favored Schwarzenegger Plan, Help Kill Actual Regulation of Insurance Companies

Washington, DC — Consumer Watchdog today asked Health and Human Services Secretary Kathleen Sebelius to reject Gov. Arnold Schwarzenegger’s request for a $1 million grant under the new health reform law. The grants are intended to help states strengthen regulation of health insurance companies, but the Schwarzenegger administration’s weak plan would kill proposed protections against unjustified rate increases, Consumer Watchdog charged.
 
In a brief letter to Sebelius, the nonprofit, nonpartisan consumer advocates charged that the $1 million grant would in effect support legislation intended to prevent regulation of insurance rates. The

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A letter issued by the American Medical Association is requesting that health insurance companies reveal their doctor rating system. In other insurance news, a study has found that the elderly pose fewer threats on the rode than their younger counterparts and in the state of Massachusetts it seems that primary care doctors are hard to find.

AMA Criticizes Health Insurers

A sharply worded letter from the American Medical Association (AMA) to the nation’s largest health insurance companies was released on Monday. In the letter, the association and 47 medical societies called on insurers to disclose to the public how they assessed doctors’ performance. Als

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Protect Your Discount Auto Insurance by Identifying Fraud

Archived in the category: Car Insurance Quotes
Posted by Matthew Lock on 01 Aug 10 - 0 Comments

Insurance fraud can be an insidious thing, and makes it difficult for insurers to continue offering discount auto insurance. The reason is, of course, that such fraud drives up the cost of doing business; investigations and prosecution take time, cost money and require the use of resources that might otherwise go toward servicing legitimate claims. However, insurance companies are not the only ones who fall victim to insurance fraud and abuse. As some Canadian car insurance customers have discovered in recent months, policyholders themselves are frequently the target of insurance fraud and it happens in the U.S.

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Shedding more light on term policies

Archived in the category: Insurance Glossary
Posted by Edward Broadhurst on 30 Jul 10 - 0 Comments

The selection of insurance products and offers you can choose from on the market is overwhelming. And choosing a policy to insure your life with can be tricky, requiring you to both evaluate your insurance needs and spend some time on comparing the offers you get from different providers. It’s not just a possibility you can think of while buying insurance, it’s a firm requirement that the product you want to buy meets your exact personal needs and can be adjusted to your budget, not the other way.

In contrast with continuous policies term insurance policies are designed to provide coverage only for a certain period of time, specified in the policy. Full article…

What is the significance of insurance quotes?

Archived in the category: Car Insurance Quotes
Posted by Isla Bannister on 29 Jul 10 - 0 Comments

Insurance, life would be an important addition, since it comes to security features in an individual and also what is important in his life. But the economic problems of today by many people with more to consider now, the liability and insurance, do not, finally, its importance in life. Then consider that in perspective, one must understand that money is indeed important, Insurance plays an important role in providingSecurity in life. Therefore, this method would be to Online Insurance, since it is a diverse range of projects and estimates of insurance for your taste. In addition to free insurance quotes are also a common sight on websites, and there are lots of types to choose from. Full article…

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