It is shocking that some people living in a country with the largest economy in the world are reduced to robbing a bank in order to get urgent medical care. Yet this is precisely what James Verone, of Gastonia, N.C., did in order to take care of a growth on his chest, two ruptured disks, and some problems with his foot.
A person without health insurance can easily rack up $10,000 in a single visit to the emergency room. Treating complex problems such as growths and spine problems, both of which might involve surgical interventions, are simply out of the question for the un-insured. Surely there are tens of thousands of individuals in this country without health insurance, and surely many of them have unresolved health care issues such as Verone’s. W
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The last people in the world you would want to injure are your family. When money is tight and you are looking for things that you can cut back on, you may be tempted to look for a cheaper motor insurance policy, and that is perfectly valid. The only thing is that you should not sacrifice proper liability cover on the altar of economy. If your insurance policy is not giving you adequate cover then in reality you are not insured.
If you are trying to economize then the likelihood is that you want the extra money for your family’s needs, wants and aspirations, and a good motor insurance policy seems quite remote from those priorities. H Read more…
Companies to Back Out Due to Lack of Provision Waiver
The study found that a growing number of employers are seeking waivers from an early provision in the health overhaul that requires them to enrich their benefits for workers this year. The law mandates that employers not cap annual benefit payouts below $750,000 per person, per year.
In order to sidestep the provision, employers have been receiving waivers in droves. By the end of April, the administration had granted 1,372 employers, unions and insurance companies one-year exemptions from the requirement.
Of course, this waiver is very useful to companies now, but it will no longer be available in 2014.
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Everyone remembers the dreaded doctors visits of our youth. No one was excited about having a strange person shine a light in our eyes or press some tasteless Popsicle stick on our tongues. But nowadays, with the shortage of health insurance coverage becoming a major issue, adults have financial reasons to dread visiting the doctor.
People may joke about the fact that they cant afford to get sick due to the high cost of medical bills. But in some instances, because health care is so astronomically expensive without insurance, people honestly cannot afford to get sick.
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A new report from the Commonwealth Fund shows 600,000 young adults benefited by obtaining health insurance in 2010.
Twenty nine percent of young adults had no insurance coverage in 2001.
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The Association of British Insurers (ABI) is calling for a clampdown on the “pain in the neck” culture which it says has made the UK the whiplash capital of Europe.
With one in every 140 people claiming whiplash injuries a year, the ABI highlights the need for action as follows:
Nearly 1,200 whiplash claims are made every day in the UK; six times more than the number of people who claim for workplace-related injury every year.
The cost to the NHS of treating whiplash is estimated at £8 million a year.
Three-quarters of personal injury claims in the UK are for whiplash, more than elsewhere in Europe.
Insurers pay out nearly £2 billion a year in claims for whiplash.
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