The Grass Might Be Greener, But It Sure Is Pricey
March 12, 2010 | Insurance
The Southern Colorado Tea Party rallied yesterday in Pueblo, voicing their opposition to the health care reform bills. One of the protesters who came to the rally was Warren Abbate, who said “It’s time people took back the government. Everything in Washington is wrong. The government is too big and arrogant. If I can’t afford [...]
The Value We Get From Our Healthcare Dollars
March 11, 2010 | Insurance
Cost has been a major factor in the health care reform discussions from day one. When it comes to health care, most people would rather have someone else pay for their care. But we can’t all pass the cost onto someone else – eventually somebody has to foot the bill. The way I see it, [...]
Health Care Reform Should Be Federally Driven
March 10, 2010 | Insurance
David Williams of Health Business Blog has written an interesting article about why states can’t drive health care reform. I agree, and believe that in order to have meaningful change, it will need to take place on a federal level. One of the issues that David addresses is the problem that occurs when a [...]
How The Public Views Health Care Reform
March 6, 2010 | Insurance
A new poll released last week shows that most Americans are in favor of health care reform (75%) but only a quarter of the people polled want to see a bill passed that is similar to what the House and Senate have already passed. Nearly half of the respondents want congress to start over, and [...]
Starting Over Seems Like A Waste
March 6, 2010 | Insurance
Last week’s seven hour health care summit was basically a rehash of the ideas that were tossed around throughout the last year of health care reform debate. Neither party seems willing to negotiate much more in terms of the nitty gritty of the reform, and it’s looking like the Dems might try to use reconciliation [...]
Colorado Division Of Insurance Reconsidering Anthem Rate Increase
March 6, 2010 | Insurance
The Colorado Division of Insurance is reviewing the approval they granted last fall for Anthem Blue Cross Blue Shield’s 2010 rate increase – which amounted to an average premium hike of 20% for people buying Anthem’s individual health insurance policies. The Division of Insurance received 35 consumer complaints in December about the Anthem rate increases, [...]
Competition Among Private Health Insurance Companies
March 6, 2010 | Insurance
One of my favorite bloggers, Jaan Sidorov of Disease Management Care Blog, has written a very thoughtful article about the Wellpoint premium increases. He pointed out that public health insurance policy premiums are rising too – sometimes dramatically – and that the problem does not simply lie with a quick explanation about how premium increases [...]
Mandate Still Too Weak In Health Care Reform Compromise
March 6, 2010 | Insurance
President Obama unveiled his compromise between the House and Senate health care reform bills this week, and I’ve been browsing through his version for the last couple days. I think it’s great that he’s so focused on bringing health insurance and access to care to the millions of Americans who are currently uninsured. But I [...]
Wellpoint Premium Increases Provide Strong Case For Mandate
March 6, 2010 | Insurance
The 39% rate increase that some CA Anthem Blue Cross Blue Shield individual policy holders will see later this year has been the subject of much political debate this month. The Obama administration has used it to drum up more support for the floundering health care reform bills, and HHS Secretary Sebelius has ordered a [...]
Putting Costs Into Perspective
March 6, 2010 | Insurance
Ian Morrison, at The Health Care Blog, has written an excellent article about the cost of health care. When we hear that the US spent $2.5 trillion on health care last year, the number is so big that most of us can’t really get our heads around it. But Ian’s article helps to put it [...]
Buying Life Insurance: Term Versus Permanent
September 20, 2008 | Insurance
Term Life Insurance
Term life insurance is pure insurance protection that pays a predetermined sum if the insured dies during a specified period of time. On the death of the insured, term insurance pays the face value of the policy to the named beneficiary. All premiums paid are used to cover the cost of insurance protection.
The [...]
Who Needs and Qualifies for Life Insurance?
September 20, 2008 | Insurance
If you’re wondering whether or not you should buy life insurance, ask yourself this one question: “Would my death leave anyone in a financial bind?” If you answer “yes”, it may be time to get serious about shopping for life insurance. Life insurance can offer peace of mind, ensuring that your debts or loved ones [...]
Whole Life Insurance
September 20, 2008 | Insurance
Contrary to the term life insurance that covers only a segment of the insurer’s life, whole life insurance offers coverage the individual’s entire life. Though the death benefit and premium remains the same in both the cases, with whole life insurance cash value is built as a return on a part of your insurance premiums [...]
Term Life Insurance vs. Permanent Life Insurance
September 5, 2008 | Insurance
Choosing a life insurance plan is difficult; it takes a lot of time and research in order to ensure that all aspects are thoroughly examined before making a final decision. There are basically two forms of life insurance to choose from: term life insurance and permanent life insurance.
Below you will find valuable information regarding both [...]