SBI has released a statement for its customers saying that the Free Accident Insurance Cover for its car and home loan customers will be terminated from July this year. The current master policy by the bank is going to expire on 1 July, 2013.
Insurance companies claim that cancer patients would have more survival chances if they have insured themselves.
David Carter, Managing Director, Asteron Life has said that most of the people in New Zealand think that Government would take care of them in all the adverse situations, which is a myth. Thus, they themselves should get insurance done.
It seems that not much time remains when all Minnesotans will have an access to health-care coverage. It has been said so as legislation for the same has received green signal from both the houses that are State House and Senate House.
Health insurance policy is a great thing to have but it gets very difficult to choose which type of insurance to have. Majorly, there are two types of health insurance.
First one is cashless health policy and the second type is a reimbursement plan. Both have their pros and cons. Cashless health policy is the one in which the insurance company directly deals with the hospital in settling a person's bills.
Private health insurance premiums are to rise by 5.6% from April as the Federal Government has approved the increase for 2013. This means an individual will have to pay $1.70 extra whereas an extra $3.70 will be charged from the average family on top cover.
Health Minister Tanya Plibersek announced the increase in health insurance premiums that would be effective from April 1.
A recent news report talked about new ways to simplify buying health insurance, thereby making it all the more easier for people to make the right choice for them. As per the Affordable Care Act, every state is required to implement its own exchange system, which is also termed as the "health insurance marketplace".