Although one letter shy of documeister Michael Moore’s provocative new documentary Sicko, author Jonathan Cohn’s new book Sick uses a technique similar to Moore’s: presenting real-life nightmares of people deferring badly needed medical care for serious conditions because they have no health insurance, to make a case for universal healthcare, whether via a government -run, single-payer system or through one where private plans continue to provide coverage, but are heavily regulated.
Insurance News
The size of the insurance business will jump six times to reach $60 billion by 2010 from the current size of around $10 billion, according to industry chamber Assocham. The projections are based on the feedback the chamber received from its constituents engaged in the insurance businesses.
(Chicago) Filmmaker Michael Moore talks to CBS 2’s Jim Williams about his new documentary “Sicko,” and his fight to change the health care system.
Florida drivers will no longer be required to carry auto insurance because the no-fault law will have expired.
Citizens Property Insurance was created by Florida to be an insurer of last resort. But, as Kelly Cobiella reports, many Floridians may not have the coverage they bargained for this hurricane season.
According to a study by LIMRA International, 44 percent of the US household population either don’t have life insurance and believe they should, or they own a life insurance polcy and belive that they need more. Also, 3/4 of the american household don’t have any financial advisor or life insurance agent.
LIFE ( Life and Health Insurance Foundation for Education) has created a website - http://www.life-line.org/. The website provides basic information and helps consumer find the best coverage without any pressure to buy.
AOL is offering free insurance coverage for identity theft and computer damage. The insurance coverage is offered through American International Group Inc. and the policy will provide up to $10,000 that will help restore identity and credit. Policy covers up to $2,000 for lost wages and it will cover cost for rejected loan applications, legal fees, credit reports. A separate AIG policy will cover up to $1000 for computers that require repair or physical damange. The policy will not cover any money that is lost through a scam. The insurance coverage is only limited to subscribers for the $26 a month unlimited access plan.
For maximum insurance, it’s better not to deposity everything in one account. It’s very rare to hear about a bank failing and most depositors don’t make enough to to even go over the insurance protection limit incase their bank fails.
Most peopel are not aware of how much of their money is protected when they deposit significant amount of money in an institution that is insured by the Federal Deposit Insurance Corp. One of the main reasons why there has been soo much interest in deposit insurance is due to increase in retirement savings account. For the first time in 25 years, limit was increased from $100,000 to $250,000.
According to FDIC, basic insurance limit for bank deposits, credit union and thrifts is still $100,000. Single accounts are insured ...
American Medical Association is pushing for a legislation that will make it a requirement for anyone who has an income that is 500 percent of federal poverty level. For example, anyone making $49,000 or more would be required to buy health insurance. According to Dr Ardis Hoven, an AMA board members, “young healthy individuals who decide not to have health insurance create a excessive amount of cost to the health care system.” This in turn leads to higher taxes and higher premium for the society.
