Health Insurance Plans For The Expectant Mother

A very informative post by Wojciech Ciszewski
Excitement over a pregnancy can easily turn into worry and anxiety if a woman has no health insurance coverage. The Pregnancy Discrimination Act of 1978 was created to keep pregnant women from being discriminated against regarding personal health insurance. Unfortunately, this act does not apply to companies with less than 15 employees or individual health policies. Even if a woman has health insurance, pregnancy may not be covered unless a rider to the policy is purchased.

These riders are expensive, have limited coverage and usually have waiting periods from six months to more than a year. A report by the National Women's Law Center in 2009 showed that only 13% of 3,600 national policies covered pregnancy. Even with these difficulties there are options for pregnant women who are without health insurance.

The average cost for a normal pregnancy, which includes prenatal and post partum care, can be anywhere from $10,000 to $12,000 so it is essential to find some type of health insurance. For women considered low-income there are State programs such as Medicaid and WIC that can help with medical care and nutrition. There is also a federal program called CHIP (Children's Health Insurance Program). These programs are run by the Department of Health (DHS) and even if you don't qualify for Medicaid, there may be other programs available. DHS will be able to give you helpful information.

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Characteristics Of Personal Medical Insurance

A very informative post by Doower

Personal medical insurance is available for those working, studying, or living outside Canada for an extended period. These insurance plans consist of full accident and sickness coverage, including emergency medical evacuation and war risk. Personal medical insurance is primary coverage for any immediate medical expense related to the accident. Commonly referred to as collision and comprehensive coverage, physical damage coverage is not provided by the state motor vehicle insurance account (smvia) for state vehicles, privately owned vehicles, or rental cars used on state business. Personal medical insurance is for the single people or main earner of the family.

The features available to you depend upon the policy you choose and also upon the insurance company you choose. As there can be much exclusion with the medical insurance, so you must check them before taking a personal medical insurance.

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Private Medical Insurance Coverage For Major Illnesses

Ask the typical person what sort of insurance coverage they have and they will usually rattle off the most common policies: automobile, life, homeowners, and accidental death.
While it is common practice to insure one's self and family against accidents and death, far too many people do not consider the importance of having personal medical insurance for major illnesses such as strokes, heart attacks, kidney problems, or even cancer.
This is a major oversight, for major illnesses may involve substantial medical expenses that continue for weeks, months, and even years. If you are uninsured against major illnesses, the financial consequences are potentially far reaching and devastating.

"The unabated rise in health care costs makes private health insurance for major illnesses essential," notes Mr. Joseph Griffin, Chairman and CEO of GlobalHealth International Group in Hong Kong. "This is because a person is now more prone to suffer long-term critical sickness than accidental death."

A long-term illness not covered by personal health insurance can be enormously draining financially for a family, often resulting in a substantial hit to personal bank accounts, investments and even retirement savings.

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What Insurance Is Needed for a Corporation?

A very informative post by Cellina LaForey
Although business operations may vary from corporation to corporation, all corporations should protect their interests and purchase adequate insurance. Some insurance policies are mandatory and required by the state while other insurance coverages are necessary to adequately protect the company's interest. When it comes to protecting a company's best interest, companies should not scrimp on insurance protection.


Workers' Compensation Insurance

1. The minute a corporation hires an employee, it is required to purchase workers' compensation insurance. Workers' comp policies have two sections. Coverage A under the workers' comp policy provides coverage for the employee in the event she is injured as a result of a work related injury or illness. Coverage B protects the employer in the event the employee elects not to accept the payments offered under section A of the policy.

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What Is Corporate-Owned Life Insurance?

A very informative post by Tyler Lacoma

Many different types of life insurance policies exist. Some are designed to be used as investments, while others are used to help pay family expenses when a loved one dies and leaves behind funeral costs and debts. However, there are few life insurance policies more controversial than corporate-owned life insurance and the benefits that the corporation receives upon the death of an employee.

Definition

1. A corporate-owned life insurance policy is simply a policy that a company buys to cover its employees. When the employee dies, the corporation receives money from the policy to use. These policies are known by several different colloquial names, such as dead peasants' or dead janitors' insurance. Typically only large corporations have enough money to spend on this type of insurance.

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Family Planning: Don't Forget Maternity Insurance!

When you start thinking of the excitement of adding a new addition to your family, don't forget to update your private health insurance policy. Otherwise you could get caught with significant pregnancy related medical expenses.

Most personal medical insurance policies will allow the addition of maternity coverage for an additional annual premium. Some, like the Pallas GlobalHealth plan from GlobalHealth Asia automatically includes maternity coverage for prenatal, delivery, and postnatal expenses, as well as any complications arising from pregnancy, birth defects and congenital conditions at birth.

Having personal health insurance coverage that includes maternity benefits can be a great financial relief when that new bundle of joy enters your life. After all, medical expenses for pregnancy and delivery typically run into the thousands of dollars, and this can easily double if there are complications, when a cesarean delivery is required, or in instances of premature births.

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What is Emergency Medical Evacuation and Repatriation Insurance?

It would be nice if you could leave home and not worry about medical problems when you are traveling overseas. Unfortunately, however accidents and illnesses do occur during business and vacation trips.

Even more unfortunately, medical evacuation and repatriation is not covered by most health or medical policies if you are injured or become sick while abroad.

"It is bad enough to encounter a medical emergency or suffer an accident when you are home. It is even worse when you are traveling overseas," notes Mr. Joseph Griffin, Chairman and CEO, GlobalHealth International Group. "In addition to the stress of a dealing with an emergency while away from home, travellers may also be forced to deal with language barriers, different customers, and inadequate medical facilities."

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