MacHale to join Clearwater Underwriting as CEO
📰 Curated Industry Article This is a summary of a full article from a trusted healthcare and insurance publication. Click “Read Full Article” below to read the complete story. Clearwater Underwriting, an Aquiline-backed managing general agent (MGA), has announced the appointment of Henry MacHale as Chief Executive Officer, a newly created role. Bringing extensive experience […]
The Role of Hospital Stewardship to Improve Outcomes and Manage Costs
📰 Curated Industry Article This is a summary of a full article from a trusted healthcare and insurance publication. Click “Read Full Article” below to read the complete story. [Sponsored] Panelists in the webinar, sponsored by Inovalon, will explore how near real-time surveillance, smart risk prioritization, and closed-loop intervention are shifting stewardship programs to proactive, […]
Viewpoint: AI Doesn’t End the Rite of Passage; the Grind Wasn’t the Teacher
📰 Curated Industry Article This is a summary of a full article from a trusted healthcare and insurance publication. Click “Read Full Article” below to read the complete story. A few years ago, the industry’s biggest worry was how to recruit enough talent to fill the gaps and prepare for the future of insurance. We […]
Does my credit score affect how much I pay for car insurance?
Direct answer Yes, in most states, insurers use credit-based insurance scores to determine premiums because data suggests a correlation between credit history and the likelihood of filing a claim, though some states explicitly prohibit this practice. State insurance commission regulations regarding the use of credit information in premium underwriting. For additional information about how states […]
Should I choose whole life insurance if I want to use it for estate planning?
Direct answer It depends on your tax situation and long-term liquidity needs, as whole life provides a guaranteed death benefit and potential cash value growth that term insurance lacks. If you are looking to cover estate taxes or leave a legacy, the permanent nature of whole life is often preferred over the expiration risk of […]
How much does health insurance cost for a self-employed individual?
Direct answer Costs for self-employed individuals vary widely based on your age, household income, your location, and the level of metal tier plan you choose. Data is consistent with public market pricing trends and subsidized healthcare affordability guidelines. For additional information about subsidized healthcare affordability, see the Healthcare.gov marketplace resource. What this means for you […]
How can I lower my auto insurance premiums if I have a tight budget?
Direct answer You can lower your premiums by increasing your deductible, bundling your home and auto policies, or opting for usage-based insurance programs, though it depends on your specific driving history and the minimum state-required coverage limits. State-specific insurance regulatory guidelines regarding discount eligibility and mandatory coverage minimums. For additional information about state-specific regulations and […]
Is term life insurance cheaper than whole life insurance for young families?
Direct answer Yes, term life is generally more affordable because it provides coverage for a specific period without the cash value component found in whole life policies. It is often the better choice if your primary goal is high-value protection during your peak working or child-rearing years. Industry-standard actuarial pricing models and premium data from […]
Does my health insurance cover emergency surgery?
Direct answer Most ACA-compliant plans cover emergency surgery, but the exact amount you pay depends on your specific deductible, coinsurance, and whether the hospital is in-network. Information is verified against standardized summaries of benefits and coverage documentation requirements. For additional information about standardized coverage documentation, see the Centers for Medicare & Medicaid Services‘ summary of […]