Health Insurance

US workplace disability insurance premiums reach $1.7BN in Q1 2023: report

July 11, 2023binomo

US workplace disability insurance premiums reach $1.7BN in Q1 2023: report

Total US sales of workplace disability insurance premiums reached $1.7 billion in the first quarter of 2023 — a year-over-year increase of five per cent — driven…

By: staff
July 10, 2023 July 10, 2023
15:00

Leveraging the long-term perspective at Rexel North America

The current economic maelstrom, with its high inflation and interest rates, has left many institutional investors operating in uncharted territory — though not Rashid Maqsood,…

2023 BPS coverage: TD Bank’s culture of care driving benefits plan enhancements

TD Bank Group credits its culture of care

What is an Irrevocable Trust?

July 8, 2023binomo

A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. Many trusts are revocable, however, irrevocable trusts can be an incredibly useful way to plan for your future.

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One thing you should know about irrevocable trusts is that, unlike revocable or living trusts, irrevocable trusts cannot be changed or amended. They are set in

Wider access to health insurance via Medicaid expansion improved cardiac care, finds study

July 5, 2023binomo

An expansion of the Affordable Care Act that extends Medicaid eligibility to more people improved patient outcomes, prevention measures and screening access, according to a review of research published today in Circulation: Cardiovascular Quality and Outcomes.

A provision of the Affordable Care Act of 2010 extended Medicaid eligibility to all adults with incomes of up to 138% of the federal poverty level in states that elect to participate, with the federal government covering 90% of the costs. Medicaid provides health insurance coverage for people with low income, and the expansion ensures that as of June

Which Could Save Me More Cash?

July 4, 2023binomo

SmartAsset: Dental savings plans vs. insurance: Pros and Cons

Health insurance doesn’t cover your teeth. Your teeth can cause pain, get infected and need treatment, just like any other part of the body. But when it comes to actually getting treatment the standard health insurance doesn’t cover it. Instead, you need specialized coverage to pay for a trip to the dentist’s office.

The specialized coverage comes in two main forms. The first is dental insurance. This is standard insurance that covers most of the cost of treatment in exchange for a monthly premium and co-payments. The second is a dental

Travel Insurance for a France Vacation (2023)

July 2, 2023binomo

It is not mandatory to have travel insurance coverage to visit France — unless you are traveling from a country that requires a Schengen visa. US citizens can enter France with a valid passport for up to 90 days, after which they must submit a visa application.

Although travel insurance is not required for American tourists, you may still choose to buy coverage. Travel insurance can reimburse you for prepaid, non-refundable costs (subject to conditions) in the event of unexpected trip cancellations or delays. Most policies also protect your belongings, including your luggage, against theft, loss and damage.

The US

New Baby? Time to Update Your Estate Plan

June 30, 2023binomo

We often have clients ask us when the best time to do their estate plan is and the answer is usually, right now! This is especially true for people turning 18 years old, people who don’t have a plan, and people who have had recent life changes.

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One event that should trigger you to meet with an estate planning attorney is a new baby. When you are expanding your family,

The high cost of giving birth even with insurance

June 29, 2023binomo

Qthe burden of high health care costs and medical debt in the US is no secret. Medical debt affects one in five adults in the US, with an average burden of more than $20,000 for each medical debtor. As primary care physicians, we frequently witness the effects of these financial burdens, particularly for our older or sicker patients with expensive medical conditions.

However, new research we published recently in the Journal of General Internal Medicine shows that medical debt is also common in a younger and healthier population: women who have just had a baby.

In a sample of

The Dangers of the EHR

June 28, 2023binomo

Electronic Health Records can be an incredibly helpful tool. However, they are not without fault. A recent warning highlights that electronic health records (EHRs) are a top target of cybercriminals. They can also lead to inappropriate billing if they are not set up correctly.

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The Health Sector Cybersecurity Coordination Center (HC3) issued a warning to healthcare entities regarding EHR vulnerabilities and protections.

Protected health information (PHI) continues to hold its …