Health Insurance

Court seeks compromise that might preserve preventive health insurance mandates as appeals play out

08/06/2023binomo

NEW ORLEANS (AP) — Federal appeals court judges are seeking compromise on whether government requirements that health insurance include coverage for HIV prevention, cancer screenings and some other types of preventive care can be maintained while a legal battle over the mandates plays out.

The 5th US Circuit Court of Appeals panel on Wednesday told attorneys on both sides of the issue to report by Friday on the possibility of a temporary compromise in the case.

At issue is a March ruling by a federal judge in Texas who said some of the preventive care requirements under former President Barack

Can You Prevent a Whistleblower Lawsuit?

08/06/2023binomo

When a whistleblower suit is brought against a company or practice, there are usually many warnings that were ignored or not dealt with appropriately. Many times, wrongdoings are brought to light internally first and properly addressing concerns can prevent a lawsuit.

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Often, the employee who becomes the whistleblower tries to raise the issue internally before going outside the company.

There are also fears of retaliation by many whistleblowers. Fear of

The best times to get pet insurance for dogs

02/06/2023binomo

gettyimages-1327161473. jpg — One of the best times to get pet insurance for your dog is when they’re still a puppy.

Getty Images

If you’re a pet owner, you already know how much thought goes into owning yours paint or dogs. You’re often thinking about what’s best for them, whether that be the type of food they eat, the veterinarian who takes care of them or the groomer who gives them their haircuts. This thought process also extends to the pet insurance world.

While pet insurance can be a cost-effective and valuable protection to secure, it pays to get the timing right.

How Can You Protect Your Children?

02/06/2023binomo

Many of our estate planning clients have children and want to protect their children.

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While concerns vary, protecting children is a huge part of estate planning.

When parents have minor children, estate planning is essential. It allows parents to pick guardians for their children. This will ensure that they have peace of mind knowing who will care for their minor children.

This will also prevent court fights over guardianship.

Ford sues Blue Cross, accusing the insurer of price fixing

02/06/2023binomo

Ford Motor Co. is suing Blue Cross Blue Shield in federal court, alleging a price-fixing conspiracy that it says resulted in the automaker being overcharged for health insurance in Michigan and other states.

The lawsuit was filed Wednesday in US District Court in Detroit against the Blue Cross Blue Shield Association as well as Blue Cross Blue Shield of Michigan.

FILE -- The exterior of a Blue Cross Blue Shield of Michigan office building in Detroit.

Ford claims in the suit that various Blue Cross insurers divided up territory and fixed prices in ways that reduced competition and violated antitrust laws, leading to “astronomical profits” and “extraordinary salaries” for Blues executives.

The automaker’s claims relate to

Are You Prepared for an Audit?

31/05/2023binomo

The Federal Government is constantly auditing healthcare entities. A recent Michigan settlement resulted in prison time and a hefty repayment for violations of the False Claims Act.

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If your compliance plan needs to be updated, now is the time.

You want to make sure that your practice is protected so that you are not faced with a similar situation as a vascular surgeon from Bay City, Michigan.

A vascular surgeon …

Are gains in life expectancy around the corner?

30/05/2023binomo

Are gains in life expectancy around the corner? | Insurance Business America

Advances in medicine are likely to fuel a gain in human longevity, the report says

Life & Health

By Ryan Smith

Gains in human life expectancy have slowed over the last decade, but the next wave of improvements is around the corner, according to a new report from Swiss Re.

Advances in cancer diagnosis and treatment are the most likely areas to improve global life expectancy, according to Swiss Re’s latest report, The future of life expectancy:

A quick guide to understanding Individual Health Insurance

27/05/2023binomo

The importance of having Health Insurance is now more than ever. The rapid changes in our daily lives, our work-life patterns, dietary practices, etc., only reinforce the necessity of staying healthy and having to be financially prepared for any health emergencies.

As the awareness about investing in a Health Insurance plan is growing, many people from different age groups, especially the younger generations, take steps to secure their health and finances with Health Insurance.

Health Insurance plans can be broadly categorized under two sections – Individual Health Insurance and Family Health Insurance. As the name suggests, Individual Health Insurance