Live Insurance News

Deadly Ambush of UnitedHealthcare CEO Sparks Industry-Wide Questions

December 9, 2024December 8, 2024 Nordstrom

UnitedHealthcare CEO – A Shocking Crime in New York City Brian Thompson, CEO of UnitedHealthcare, was brutally killed last week in a high-profile attack that has garnered national attention. Caught on CCTV footage, the 50-year-old was ambushed by an unidentified gunman outside the Midtown Hilton Hotel in Manhattan as he prepared to attend an investor meeting. The assailant fired multiple rounds before fleeing the scene on an e-bike, later reportedly leaving New York City on a bus. Investigators are still pursuing leads and testing DNA evidence. The murder has sent…

5 great reasons to take out an accident insurance policy in Thailand

October 22, 2024 Guest Author

accident insurance Thailand travel insurance

Thailand is a magnificent place to live, which attracts many people from overseas, either to work or retire and enjoy the many benefits that the country provides. That includes being surrounded by amazing culture and living in a tropical climate which is conducive to having fun by the coast. There is never a shortage of activities while surrounded by stunning scenery which attracts millions of visitors each year. It is an affordable place to live, especially compared to many Western countries, meaning that the many wonderful restaurants can be enjoyed…

How the 2.5% Social Security Increase Impacts Retirees

October 15, 2024October 14, 2024 H. Cutner

Social Security’s Cost-of-Living Adjustments: What Do the Numbers Tell Us? The Cost-of-Living Adjustment (COLA) for Social Security is an essential mechanism designed to ensure that benefits keep pace with inflation. Over the past decade, these adjustments have varied significantly, reflecting the economic climate and inflation rates. Notably, in 2023, beneficiaries experienced an 8.7% increase, the largest in nearly 40 years, driven by soaring inflation. In contrast, the 2024 adjustment was more subdued at 3.2%. Historically, the COLA has averaged around 2.6% over the last 20 years, indicating that this year’s…

Understanding if Your Local GP Doctor is Covered by Your Health Insurance Policy

November 17, 2023 Guest Author

health insurance policy terms and insurance jargon

Health insurance is a crucial aspect of managing healthcare costs, providing financial security when unexpected medical issues arise. However, the specifics of what is covered and what is not can sometimes be confusing. In this article, we will explore a commonly asked question: Is your local General Practitioner (GP) doctor or therapy centre covered by your health insurance policy? The Importance of Knowing Your Health Insurance Coverage Within the healthcare landscape, providers are categorized as either in-network or out-of-network. This distinction plays a significant role in determining the cost of…

Americans’ third biggest living expense is health insurance

July 11, 2022July 8, 2022 Marc

Premiums have risen to the point that they require 10.69 percent of an average annual salary. Health insurance premiums comprise a large amount of the average annual income of Americans and consumers are being forced to weigh their priority with other essential expenses, say the results of a new NiceRx study. The premiums paid represent about one dollar out of every ten the average American earns. To arrive at its results, the researchers from NiceRx used data from the Bureau of Economic Analysis, Value Penguin, World Population Review, and Patriot…

Care through public health insurance costs adults less than private plans

June 8, 2021June 7, 2021 H. Cutner

Public health insurance - doctor with stethoscope

Recent research also shows that the satisfaction level is higher among those adults. A recent study published in JAMA Network Open showed that adult Americans with public health insurance coverage face lower costs and experience higher satisfaction than adults with private coverage. The research involved a survey with 150,000 respondents comparing private and publicly sponsored plans. The survey showed that when compared to adults with public health insurance coverage, Americans with private plans often face less access to services, lower satisfaction and higher costs for care. The respondents were all…

Nearly 9 out of 10 US consumers blame surprise healthcare costs on insurance companies

September 7, 2018September 5, 2018 Marc

Recent survey results show 86 percent of consumers blame their insurers for unexpected bills. Most insurance beneficiaries place the blame of surprise healthcare costs directly on their insurance companies. This, according to the findings in a newly published consumer survey. The report suggested that health insurance companies need to boost their education and communication. As 86 percent of consumers feel that surprise healthcare costs are their insurance company’s fault, there survey results show a disconnect between policyholders and their insurers. The survey was conducted by NORC at the University of…