Year: 2016
HealthNow, New York Inc., will pay over $1.6 million in claims
Posted August 29, 2016
HealthNow, New York Inc., will be paying claims it wrongfully denied for thousands of covered individuals. The announcement was made by Eric T. Schneiderman, New York’s attorney general. The wrongfully denied claims total over $1.6 million. The attorney general reported that the company, for which about 573,700 people in New York rely on for health […]
Insurance Tips To Consider Before Your Next Vacation
Posted August 26, 2016
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Are you planning a getaway over Labor Day weekend? In our latest podcast episode, we discuss the insurance and safety tips to consider before you pack your bags and hit the road.
3 ways to help pay for your long-term care insurance
Posted August 24, 2016
The cost of long-term care insurance is often one of the things that keep people from making this important investment. However, according to one financial expert, there are some tax-friendly ways that can help you save money for long-term insurance. — Deduct the premiums for long-term care insurance as a medical expense. Part of the […]
Lawsuit alleges Morgan Stanley violated ERISA requirements
Posted August 22, 2016
A lawsuit filed against investment giant Morgan Stanley represents about 60,000 participants in a 401(k) plan. The lawsuit, which was filed in U.S. District Court in New York, claims that Morgan Stanley failed to monitor the investment perform as required by Employee Retirement Income Security Act. The complaint states that Morgan Stanley didn’t honor its […]
Man files lawsuit over termination of long-term disability
Posted August 20, 2016
When an injury or illness makes you unable to continue working, you may file for long-term disability benefits. What happens, though, if those benefits are terminated because the insurance provider says you are no longer disabled? One man’s answer is to file a lawsuit against the insurance company to have the benefits reinstated. The man, […]
What can I do if my short-term disability benefit isn’t enough?
Posted August 19, 2016
Do you know how your short-term disability policy works? For many employees, the only thing they can remember about the plan is that it was discussed during their employee orientation. A short-term disability policy can help employees by paying a percentage of their salary until they can return to work. How much does short term […]
Man claims he was wrongfully denied long-term disability benefits
Posted August 17, 2016
A man who says he is disabled claims his insurer wrongfully denied his long-term disability benefits. The man has filed a lawsuit in the U.S. District Court for the Central District of California. The named defendant is United of Omaha Life Insurance Co. The plaintiff alleges that when he became disabled and filed a claim […]
The Most Common Disability Insurance Policy Exclusions & Limitations
Posted August 16, 2016
If you file a long-term disability insurance claim, you do so with the expectation that your company will treat you fairly and pay you timely benefits. After all, you’ve paid a rich premium to ensure you’re covered for a disabling illness or injury. However, many long-term disability insurance policies have exclusions and limitations that may […]
Facing disability as a technical worker
Posted August 13, 2016
If you work in the information technology sector, you probably don’t worry often about getting injured in the workplace and facing a disability because of that injury. Many IT workers tend to sit at desks for long periods of time as they manage reports, databases, programs or networks. However, there are still ways IT workers […]
Back-To-School Insurance Tips For College Students
Posted August 12, 2016
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As many young adults prepare to head off for college, insurance is probably the last thing on their mind. However, leaving home without proper insurance coverage can spell financial disaster for students and their parents alike. In this podcast episode, we discuss insurance coverage tips that parents and their college-bound students should consider.