insurance coverage
insurance coverage

Insurance Law & Risk Management

For visitors looking for insurance coverage laws, litigation, risk management, or compliance issues, the National Law Review has up-to-date content on insurance and reinsurance-related matters.

Insurance Coverage in a Variety of Situations

Coverage includes different types of insurance policies companies require when doing business with clients, or professionals in the medical/legal field require, to protect themselves (licenses) against lawsuits. Malpractice insurance for legal and medical professionals, professional liability insurance for a store-owner, environmental liability, business interruption insurance coverage for companies, and commercial general liability (CGL) insurance, for large corporations, are among the different cases and stories visitors to the National Law Review will find, when visiting the site. Additionally, following major catastrophic events, such as flooding, hurricanes, or other loss of income, which causes a business to shut its doors, property loss, and business interruption insurance coverage is available to businesses. Cyber insurance is another major area of insurance law today, given cyber-attacks, fraud, data breaches, and security issues online. The National Law Review covers the basics as it relates to these, and other forms of insurance, requirements for businesses, and how it will protect them from lawsuits in their niche industry.  We also report on coverage/lack of coverage as it relates to insurance agreements involved in construction defects. This can be a major issue, especially in dealing with government contracts, and we provide detailed information about procedures, risks, and what companies should do, in the event they don’t have a policy (lapse), when working on certain contracts.

Insurance Litigation

Visitors to NLR can also read about insurance disputes as they relate to bad-faith claims, extra-contractual liability, or fiduciary arrangements between companies/clients. Insurance fraud, toxic torts, class actions, and other premium situations are frequently covered online. Additionally, insurance litigation at the district court and state court level is analyzed by

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Oregon House passes bill expanding abortion, trans health care

The bill has sparked fervent debate, particularly regarding abortion access for minors. It would allow doctors to provide an abortion to anyone regardless of age.

SALEM, Ore. — Oregon lawmakers have advanced a sweeping bill intended to protect abortion and gender-affirming health care for transgender people by boosting legal safeguards and expanding access and insurance coverage.

Democratic representatives on Monday night passed the bill along party lines in a House floor vote that stretched for roughly six hours after Republicans sought to stall it.

Citing concerns about the wide-ranging scope of the bill — which addresses topics from minors’ access to abortion to emergency contraception at university student health centers to insurance coverage for gender-affirming care procedures — Republicans sought through various motions to send the bill back to different policy committees, delay the vote until next month and postpone it indefinitely.

Republican state Rep. Lily Morgan was among those who spoke in favor of its postponement.

“It would give us the time to address some of the concerns brought up today, and if nothing else have an honest discussion around them,” she said.

Republicans said they were frustrated that the bill, which has sparked fervent debate, only received one public hearing. The emotionally charged hearing at the state Capitol in Salem in March lasted several hours with dozens of people testifying in person. Hundreds more submitted written testimony both for and against it.

Democrats said the bill has been drafted over the past year and came out of a work group that was convened after the Supreme Court overturned the Roe v. Wade decision.

“This bill is the result of a year-long collaboration between dozens of legislators and stakeholders including patients, providers, advocates, community groups, and legal experts. It protects, strengthens, and expands safe, equitable access to

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Malpractice insurance – Protect your practice

For most lawyers, malpractice insurance coverage is something they need but hope to never use.

But JoAnn L. Hathaway, author of “Legal Malpractice Insurance in One Hour for Lawyers,” thinks lawyers should be well-informed about their coverage needs and protection.

In her book, Hathaway, Michigan State Bar practice management advisor, licensed insurance agent and registered professional liability underwriter, walks through how to choose deductibles, select the right coverage limit, choose an insurance carrier, learn about the claims process and protect your practice.

Although the 134-page manual is of obvious value to solo and small firm lawyers, Hathaway says it’s just as important for attorneys in large firms. Although large firms typically purchase and choose malpractice policy coverage options for the entire entity, coverage needs in a large firm, with its many departments and practice areas, represent a whole host of varying risks.  Accordingly, she says it is imperative that all the firm’s lawyers and staff understand their obligations, risks and coverages under the policy and, if need be, work with the firm to ensure they obtain the coverage they need. 

YourABA caught up with Hathaway to find out more about lawyers’ professional liability (LPL) needs.

What’s the biggest mistake lawyers make in choosing legal malpractice insurance?

One of the biggest mistakes is choosing based upon price alone.  Pricing should be a factor, but trying to compare quotes from various carriers can be a daunting task, at best, and this is where an experienced insurance broker can help.

Among the factors that influence pricing are policy limits, retentions/deductibles, claims history, geographic location as well as others a carrier may view as either elevating or lowering your risk to them as an insured.

Lawyers can and should expect excellent customer service when shopping for

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Report eyes path to aid those without health insurance

BOSTON — Thousands of Massachusetts residents from marginalized backgrounds could gain health insurance coverage should policymakers move to expand eligibility criteria for state-subsidized plans and remove administrative hurdles, a report released April 27 found.

Massachusetts boasts the highest insurance rate in the country, with about 2% to 3% lacking coverage at any point in time. But those roughly 200,000 uninsured individuals are disproportionately people of color or immigrants, and about one-third have limited English language skills that make it difficult to use the state’s insurance marketplace, according to the report from the Blue Cross Blue Shield of Massachusetts Foundation.

“Massachusetts pioneered a system of near-universal health care coverage that was later adopted nationally in the Affordable Care Act. We have a lot to be proud of, but our work is not finished,” Audrey Shelto, president and CEO of the foundation, said in a statement. “Our research shows there is an opportunity to build on our legacy by tackling the coverage disparities that persist in our system through further action on the policy front.”

The report pointed to another statistic to put the state of the uninsured in perspective. The state’s overall low uninsured rate climbed above 7% — encompassing about 503,000 people — in a 2019 state survey that probed how many individuals didn’t have coverage over a 12-month period, the report noted.

The new report comes as hundreds of thousands of people stand to lose MassHealth insurance coverage as program administrators redetermine eligibility for 2.3 million members. Some of those people remain eligible for certain subsidized plans, the foundation said.

Researchers found that Black residents comprise 7% of the state population, but 11% of Bay Staters who are uninsured. Hispanic residents represent 12% of the state population but 23% of the uninsured population. Meanwhile, just over half of

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Employer-Sponsored Health Insurance: How It Affects Job Change and Job Market

ESI (Employer-sponsored health insurance) is a type of health insurance coverage provided by employers to their employees. It’s an essential component of the United States healthcare system, with approximately 49% of Americans receiving health insurance through their employer.

 

In this article, we will explore the impact of ESI on job change and the job market, highlighting the benefits and challenges of this type of coverage.

 

ESI and Job Change

When employees leave their jobs, they may be able to continue their health insurance coverage through a program called COBRA. COBRA allows individuals to maintain their group health insurance plan for up to 18 months after leaving their job. However, the costs of continuing with COBRA coverage can be significant, as the employee is responsible for paying the full cost of the insurance premium between jobs.

The availability of ESI can have a significant impact on an employee’s decision to change jobs. Employees may choose to stay with their current employer, even if they are unhappy because they do not want to lose their health insurance coverage. Conversely, employees may be more likely to leave a job that does not offer health insurance or offers inadequate coverage.

A recent study found that employees who were offered health insurance by their employer were more likely to stay on the job compared to those who were not. Additionally, employees who were not offered health insurance were more likely to actively search for a new job with better benefits.

 

ESI and the Job Market

ESI can also have a significant impact on the job market. Employers who offer comprehensive health insurance coverage may be more likely to attract and retain top talent, as employees value health benefits highly. A recent survey found that 61% of employees consider health insurance to be

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Staying on Your Parents’ Health Insurance

Health insurance coverage for kids under 26

Per federal law, you can remain on your parents’ health insurance until your 26th birthday in most states. There are no restrictions before then, so you’re eligible for coverage under your parents’ plan even if you’re:

  • Married
  • Not in school
  • A parent yourself
  • Not living with your parents
  • Financially independent/not claimed as a tax dependent

Can I stay on my parents’ health insurance after I turn 26?

No, not in most states. There are several states offering extensions beyond age 26 with certain limitations. For example, New Jersey allows children to stay on a parents’ policy until age 31 if the child is unmarried and has no dependents. Learn more about age exceptions to dependent coverage in your state and how the Affordable Care Act applies.

How long do I have to get health insurance after I turn 26?

If you were covered through your parents’ employer and you’re turning 26, your window to get a new health insurance plan in place without a gap in coverage typically lasts until the end of your birthday month. When you’re switching health insurance plans, you can typically enroll at any time — no need to wait for an “open enrollment” period.

Learn more about how health insurance works.

Do I need health insurance if I’m young and healthy?

Health insurance is essential for all, no matter your age or well-being. Accidents and illnesses can occur without warning, and expenses from medical emergencies can quickly become overwhelming. Additionally, health plans may cover pregnancies, pre-existing conditions, lab work, rehab costs, mental health services, and more.

Can my parents kick me off their health insurance before I turn 26?

Yes, your parents can kick you off their health insurance. Once you turn 18, your health care bills are

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Jacobo Bazbaz: The Impact Of Telemedicine And Wearable Techn…

(MENAFN- EIN Presswire)

Jacobo Bazbaz experto en seguros

Jacobo Bazbaz experto en seguros

Jacobo Bazbaz experto en seguros

Jacobo Bazbaz: The Impact of Telemedicine and Wearable Technology on Health Insurance

Because telemedicine allows people to see a doctor without having to travel to the nearest medical facility, it can help reduce healthcare overcrowding in rural areas” – Jacobo BazbazMIAMI, FLORIDA, ESTADOS UNIDOS, January 31, 2023 /einpresswire.com / — telemedicine is a type of medical care in which a provider, usually a specialist, consults with a patient remotely over video or audio connection. It’s made possible by technological advances, such as the introduction of smartphones and computers. In the past few years, telemedicine has become more commonplace than ever thanks to new technologies. Nowadays, telemedicine no longer only involves specialists who meet with patients remotely but also includes health insurance companies that provide remote access to different doctors and other healthcare professionals for patients. This blog post will explore the impact of telemedicine and wearable technology on health insurance coverage and costs. Telemedicine can be useful in remote situations where there is little access to healthcare services or when it’s difficult for people to travel long distances for appointments. For example, it’s common practice for an obstetrician to visit women during their pregnancy at home rather than making them travel long distances to see an obstetrician in person. However, it shouldn’t be surprising that many companies are exploring how telemedicine can be used as part of their business model instead of just being helpful as an alternative care option.

What is Telemedicine?
Telemedicine is the use of technology to provide healthcare services. It’s most commonly associated with physicians, but it can also be used by other healthcare professionals, such as nurses, psychologists, and social workers. In order for a person to

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When is an abortion covered by health insurance?

Abortion rights advocates demonstrate outside of the US Supreme Court a day after the Supreme Courts overturning of Roe v.  Wade in Washington, DC on June 25, 2022.

Abortion rights advocates demonstrate outside of the US Supreme Court a day after the Supreme Courts overturning of Roe v. Wade in Washington, DC on June 25, 2022.Craig Hudson for The Washington Post via Getty Images

  • Whether or not abortions are covered by health insurance depends on your plan type and state laws.

  • many businesses have said they will cover travel costs for workers seeking out-of-state medical care.

  • Here’s how to determine if your insurance plan covers abortion now that Roe v. Wade is overturned.

Following the Supreme Court’s overturning of Roe v. Wade last week, Americans who live in areas that ban abortion now must travel out-of-state in order to receive the medical care they’re seeking.

On top of the financial burden created by travel alone, abortions can cost anywhere from $350 to over $1,500. But depending on the state you live in and your insurance provider, health insurance can cover some or all of the bill.

Insider spoke with two health policy experts about which insurance plans cover abortion, and questions to ask your provider in the post-Roe era.

Which types of insurance plans cover abortion?

State policies on abortion health <a href=insurance coverage.” src=”https://s.yimg.com/ny/api/res/1.2/V2EvHHf4bXc6eJx_rW57jQ–/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MA–/https://s.yimg.com/uu/api/res/1.2/1DkdUpcZg5AewF_zHnm4SA–~B/aD0wO3c9MDthcHBpZD15dGFjaHlvbg–/https://media.zenfs.com/en/business_insider_articles_888/9173bf4aebf08fee674bf6f18f81f16b”/

State policies on abortion health insurance coverage.

State policies on abortion health insurance coverage.KFF

After the fall of Roe v. Wade, many companies across the US announced they would cover travel costs for employees seeking out-of-state medical care.

Employer health insurance falls into two categories: fully-insured plans and self-insured plans. A fully-insured plan is when an employer purchases health coverage from a state-regulated insurance company.

By comparison, companies with self-insured plans pay for employees’ medical bills directly. about 64% of US workers were covered by self-funded health insurance plans in 2021, according to Statista.

State laws — including those that outlaw insurance providers from

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