Monthly Archives: | May, 2013

Understanding Changes in the Health Care System

Why is change to the health care system needed? Millions of Americans are currently uninsured. Many people would like to have health care, but find it to be too expensive, and they are pushed out of the system. Having less people involved in health care ultimately lowers the bargaining potential everyone has, since more people buying insurance means lower overall premiums and prices. The average American pays much more for their healthcare than comparable countries, while receiving less quality care. A cost analysis shows a need for updates to the current system, especially when high medical bills are often the result of a lack of adequate health care beforehand, which results in more dire conditions forming. Factors such as medical loans and loan defaulting can ultimately hold back economic growth for the entire country. In accordance with new government policies, Connecticut is implementing the Ct health insurance exchange program. Exchanges are organizations that will, hopefully, create a more competitive and organized environment for health insurance purchases. They primarily serve individuals and business owners who have more than 100 employees. The program allows people to receive subsidies for insurance premiums they plan to buy from the exchange if they have incomes

Claims Investigators are a Necessary Part of Any Insurance Agency

Unfortunately, in the fast paced and often hectic world of today, accidents happen that cause things to break and people to get hurt. In order to make sure that they have the money needed when those problems arise, many individuals will insure both themselves and their items. However, many individuals make funny insurance claims to try to cheat the system. By making funny insurance claims, they will hopefully be able to receive money for a problem that might not be real. As a result, insurance agencies have to find ways to protect themselves from wasting money on false insurance claims. One of the most common problems that people will need to make Elephant insurance claims for is car accidents. Every day, millions have to drive to work or take their kids to school, and busy roads means that accidents are always possible. But in some cases, individuals might either stage or lie about accidents and make funny insurance claims. Doing so could allow them to receive money that they are not actually entitled to. All kinds of funny insurance claims can be made when it comes to car accidents and problems, and they can be a headache for agencies. Though

Enrique Borja in Torrance CA

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The Drawbacks of Funny Insurance Claims

When I first heard the phrase funny insurance claims, I assumed there was a punch line following. It is actually another term for fradulent insurance claims, however, and it is not a laughing matter. It might seem at first glance like a Robin Hood story where the deserving are getting what they are owed from the rich insurance company. This is not the reality of insurance fraud and it is actually harmful, when it happens, to all insurance owners. Here are several drawbacks to funny insurance claims. First, fraudulent insurance claims cause a rise in the cost of services for all other users that the insurance company provides for. At the end of the day, an insurance company needs to both cover its losses and make a profit. In a system where people do not cheat, everyone contributes a little bit of money so that they can potentially use a lot if anything ever happens to them. In a system where individuals cheat, everyone has to contribute more money in order to cover the costs of funny insurance claims, which collectively cost the insurance industry millions of dollars every year. Not only that, but the submission of fake elephant insurance

Funny Insurance Claims Are No Joke

I’m guessing you know what I mean by funny insurance claims. These aren’t “hilarious” insurance claims, but instead refers to fraudulent insurance claims. These are actually very common in the realm of auto insurance, and the penalties for submitting funny insurance claims are quite serious. So what are some common types of funny insurance claims? One typical instance of false insurance claims is exaggerated reports of damage or injury. Some people who try to file funny insurance claims will increase or invent the amount they were charged for medical expenses, or acquire a misleading statement of damage to their vehicle. Avoiding these funny insurance claims is why insurance companies always want thorough documentation of this kind of damage. False reports of theft are another case of funny insurance claims. And some people will even go so far as to get into a collision intentionally in hopes of collecting insurance moneys. This is called “hard” insurance fraud, and is the case in which there can be really extreme penalties. It includes any situation where the filer has deliberately constructed a situation where they would theoretically be owed by their company. There are a few ways insurance agents can spot these sorts