Insurance Q&A

November 11, 2010

MetLife to Stop Selling New LTC Policies

Filed under: Uncategorized — rrroark @ 6:19 pm

MetLife Inc. says it will no longer sell new long term care (LTC) insurance policies in either the individual or group markets after the end of the year.

The move will not affect coverage for the company’s existing LTC insureds, the company says.

The decision to stop writing new LTC insurance business, effective Dec. 30, came after an “extensive review” of the market, according to the announcement by MetLife (NYSE: MET), New York.

The company will continue to accept new applications for individual LTC policies if they are received by Dec. 30. For existing group and multi-life LTC insurance plans, it will stop accepting new enrollments throughout 2011, with the timing based “on existing contractual obligations” with employers, MetLife said.

Current insureds can keep their coverage and, if permitted under the terms of their policy, change benefits such as inflation protection.


God Help You. You’re on Dialysis.

Filed under: Uncategorized — rrroark @ 11:37 am

Every year, more than 100,000 Americans start dialysis. One in four of them will die within 12 months—a fatality rate that is one of the worst in the industrialized world. Oh, and dialysis arguably costs more here than anywhere else. Although taxpayers cover most of the bill, the government has kept confidential clinic data that could help patients make better decisions. How did our first foray into near-universal coverage, begun four decades ago with such great hope, turn out this way? And what lessons does it hold for the future of health-care reform?

In October 1972, after a month of deliberation, Congress launched the nation’s most ambitious experiment in universal health care: a change to the Social Security Act that granted comprehensive coverage under Medicare to virtually anyone diagnosed with kidney failure, regardless of age or income.

It was a supremely hopeful moment. Although the technology to keep kidney patients alive through dialysis had arrived, it was still unattainable for all but a lucky few. At one hospital, a death panel—or “God committee” in the parlance of the time—was deciding who got it and who didn’t.

Read the rest at “The Atlantic”

Crossposted at Politician, Tar, Feathers (Some Assembly Required)

Dr. Drew on Obama’s Health care reform

Filed under: adam carolla,carolla,dr. drew,drew,health,healthcare,Obama,obamacare — rrroark @ 10:40 am

Dr. Drew on The Adam Carolla’s Show Podcast giving his prediction on what will happen when Obama’s health care act is implemented.From November 5th, 2010

Vodpod videos no longer available.

Dr. Drew on Obama’s Health care reform, posted with vodpod

November 8, 2010

The Election and Insurance Comissioners

Filed under: Uncategorized — rrroark @ 12:51 am

Last week’s election results for state gubernatorial races across the nation are likely to radically change the complexion of the state insurance regulatory system, with commissioner positions hinging on the actions of newly elected governors.

Only 11 states have elected commissioners, and only three of those seats were contested last Tuesday.

Sandy Praeger faced no opposition and will stay as insurance commissioner in Kansas. The only other incumbent running in a commissioner’s race—Democrat Kim Holland in Oklahoma, the vice president of the National Association of Insurance Commissioners—lost to Republican challenger John Doak.

In all other states, insurance commissioners are appointed by the governor, and of the states that do not elect commissioners there will be new governors in two dozen states due to either term limits or because incumbents are not seeking re-election.

November 7, 2010

Rudy Giuliani – Market-Based Healthcare Reform

Former mayor of New York City and current Republican Presidential candidate Rudy Giuliani discusses his views on healthcare reform.

Vodpod videos no longer available.

Rudy Giuliani – Market-Based Healthcare Reform, posted with vodpod

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