Thai Insurance Company Advertisment
31.August, 2008
An insurance employee trys to sell his company’s insurance so that he could make a living. But common people see them as roaches always on their nerve.
Duration : 0:2:3
Anderson Cooper 360 — Keeping them Honest: Insurance Battle
31.August, 2008
Anderson Cooper 360 covers the effort to make sure insurance companies treat Washington consumers fairly — Referendum 67 — on his October 2, 2007 broadcast. Visit http://www.approve67.org to learn more.
Duration : 0:7:41
How can I find what insurance company someone has?
31.August, 2008
My sister hit my car accidentally. She said she would "take care" of the damage so I did not file a report. I got three estimates and sent them to her. She says i am trying to rip her off and she want to have her boyfriend fix the car with junk yard parts. I want to just turn it over to her insurance company but I don't know who it is and I do not have collision or comprehensive on my own car so I cannot place a claim with my own insurance company.
You can report it to your insurance company and ask them (or the police) if they can run a tag trace to get the insurance information. They will sometimes do this as a courtesy for you if you don't have collision coverage. You can report the claim to her carrier, then they will have to call her to confirm that the accident happened and verify information. They'll want to see your car and do their own estimate.
Barring that, have you considered snooping through her personal papers to find out? Maybe she'll tell you if you sue her in small claims court. And by the way, I am not an advocate of litigation, but I bet she'd report it then.
How does health insurance work in the US?
31.August, 2008
I am a non-US citizen and need this information to do a case.
Specifically:
1) Is health insurance compulsory for everyone?
2) What happens if someone cannot afford it?
3) In the event that a medical procedure needs to be done, does health insurance cover all the bills? Does the patient need to pay anything extra?
4) Does the patient have any say over what kind of procedure he can take? Say if 2 treatments are available for his condition, can the patient choose the more expensive treatment? And if so, is it covered by the insurance?
Thanks for reading this. Your help in answering any part of the questions would be greatly appreciated!
Thanks to those who have responded so far.
I would like to further ask:
Does a health insurance contract state that it will only cover the "normal" rates for a procedure? For eg. if there are 2 possible treatments for a disease, 1 of which is more expensive but more effective than the other, will the patient only be covered by the LESS expensive one?
Or is it a case in which the patient can opt for the more expensive one and "top-up" the difference?
This is a crucial question to my understanding the case. Thanks!
You've asked a very broad question. There is no simple answer.
In truth, health insurance works a little differently in each state.
To answer your specific questions:
1) No, health insurance is not compulsory for everyone. If you're lucky, you are able to join a group policy at work. (If you're really lucky, it's a good policy and the employer pays at least half of it.) Some states have recently made it compulsory, but that's such a recent change that there's no clear cut answer yet for how that's going to work.
2) What happens if someone can't afford it is… they don't get it, usually. Except if your income puts you below the "poverty level", in which case you qualify for Medicaid. (In some states there are programs that typically provide assistance with insuring children, though they are few and far between for covering adults.)
3) Health insurance rarely covers all the bills when you have a procedure done. Most plans cover 50-80% after you meet your deductible. The deductible amounts vary widely (but the trend is that the deductibles are getting higher and higher to keep the premiums down.) If you're really, REALLY lucky, you don't have a deductible (which is only an option on group plans), and you may only have to pay 10% of covered charges. (These plans are few and far between. As in, you might have them if you're in Congress.)
4) Yes, the patient has some say over procedures. However, if the patient opts for an "experimental" procedure, or one that isn't deemed "medically necessary", then health insurance may refuse to cover any charges at all.
In the end, as with most things, the middle class takes the brunt of these costs. This has become such a problem that more than 50% of all bankruptcies are as a result of medical bills (and of those, more than 75% had health insurance.)
** Edited to add:
It's not ALL about the money when a procedure is involved. If it is, the state keeps track of complaints filed on behalf of consumers with "managed care" (ie. any type of network arrangement including Preferred Provider Organizations, Health Maintenance Organizations, and Point of Service organizations — also known as PPO, HMO, and POS) and may very well revoke a company's charter to do business in the state should the company be turning down too many legitimate claims.
However, insurance companies are sticklers for following the "standard" for medical care. This is what makes it difficult to answer your question. Because they should not deny anything that's considered standard for care in the given circumstances (should not and will not being two completely different things, of course.) And there may be several options that would be considered "standard." If the patient wants treatment that isn't yet considered "standard", they would balk. Period.
Insurance company will not believe this
30.August, 2008
Amazing shot of how a tyre flying out of a F1-car hits a winshield of another car parked outside of the racing track…..
Duration : 0:0:26
How do you know if your insurance company is also insuring the party who caused you the damage in a claim?
30.August, 2008
If your insurance company pays you a small amount for a large loss and you then sue the party who caused the loss, what complications can there be for you? Are there conflicts of interest sometimes which prevent an insurance company from pursuing subrogation? If they do pursue subrogation, do they share in paying the legal fees.? If they are also insuring those who caused the loss, will they pay out under those people's insurance?
I'm not sure we have the whole story here, but here goes. This is assuming that both you and the other party are insured by the same company.
I don't understand why you have collected from your insurance company for the loss under your policy, and then plan on suing the other party. Generally you either collect from your policy and let the insurer go after the other party, or go after the other party and leave your insurer out of it. We aren't talking an uninsured motorist here, so what type of claim could you be making? You can't collect twice for the same damage. Either way, unless your exhausted the other party's policy limits, you will have to reimburse them.
There is little chance that the insurance company will bother with subrogation against itself. And subrogation rarely requires legal fees, especially when the parties are insured and liability is clear.
Finally, as to the conflict of interests, if there is an issue regarding this, the claims department will appoint different adjusters, usually having them report to different supervisors, to handle the claim. In some states this is a requirement, both even without the law, most companies consider this protection against getting sued for bad faith claims handling.
How much does insurance for a bank cost against a robbery compared to the salary of two highly trained armed?
30.August, 2008
guys with machine guns and maybe special locks on the door to prevent anyone entering with a gun?
My guess is that you could hire 20 guys and pay them well for what it costs for insurance.
And don't forget, banks have sissy hours - you only have to pay these guards to work 6 hours a day, just like the tellers.
Someone is getting ripped off very badly with this insurance crap.
Can you find a hole in my logic?
6 hours a day?!?!?!? Where in the world do you live?
I work at a bank that is open from 7:15 a.m. to 6 p.m.
and there is one bank around here that is open from 8 a.m. to 8 p.m.
Not all banks have guards and the ones that do, have them more for a deterrent. Plus, no matter what, banks HAVE to pay insurance. YOU aren't the on paying for it.
Health Insurance Company Denies Coverage
29.August, 2008
Woman in Missouri is claiming that her health insurance company, owned by Coventry is denying access to prescription drugs to treat her Fibromyalgia.
Duration : 0:2:11
Thai Life Insurance advertisement