Essay on How to Provide Insurance to All

Suppose your computer system was ruined or damaged by a simple power surge. Imagine your business needed to be shut down temporarily because an electrical surge damaged all your equipment. What could happen to your business if an employee error damaged your only production machine? Even broken water pipes can cause a lot of damage. You may not expect them, but any of these things could happen. It's easy to see why insuring your business's equipment is a smart move. If your business equipment…

Insurance and the Need for Public Safety The idea behind insurance is, it is necessary for the protection of an individual against any or all forms of financial loss. In other terms it acts as a safety net with a contributory attribute to the overall lifestyle and economic health of our social construct or society. In the midst of a crisis or an accident, the role insurance plays is as a financial resource that aids in diminishing the burdens that result from the crisis or accident. Since a…

my personal life. I think it’s important that every adult has an understanding of auto and workers compensation insurance. Then as far as my future career in business, the concepts of general liability and property insurance are sure to apply whether I choose the finance or risk management route. The first concept in this course was commercial general liability and property insurance. Although I was unable to attend the first lecture, I was able to understand key concepts by reading the…

The US is one of the only developed countries that does not provide universal health care coverage. With the passage of the Affordable Care Act (ACA), this lack in coverage has greatly been improved but failed to provider coverage for all American. In other countries coverage is provided by many means. Some countries have universal health insurance while other provide universal health care. Some countries maintain private control of the delivery systems and some rely on government sponsored…

about the type of car insurance that you purchase. You need to make sure that the car insurance you purchase will provide you with the coverage you need, without paying too much money. Always Pay For Liability Insurance No matter how little, or how much, your vehicle is worth, you should never skimp on liability insurance. Don’t ever forget that your vehicle is a piece of heavy machinery that can cause extensive damage to other people and other vehicles. Liability insurance covers you if your…

The current focus of Blue Cross Blue Shields is to provide the best quality insurance to their members. Also, it is time for an open enrollment period for their current members, or trying to get new members to come to Blue Cross Blue Shields. The organizations overarching goals are to provide its members with the lowest premium cost, but providing the most insurance coverage for the least amount. What are the organization’s training needs? How do they relate to the overarching goals? The…

persist. • Health insurance remains very expensive. ACA’s marketplaces and Medicaid expansion make health coverage a good deal for those near the poverty line, but for those who just cross the poverty line often struggle to pay health plan premiums, and face deductibles that are much higher than in a typical employer health plan. Premiums were lower than expected and grew slowly in the first three years after…

medicine and health insurance administration. Later, the HIPAA Enforcement Rule and the Breach Notification Rule was followed as well. People were skeptical and wondered whether the new HIPAA would really make a impact, and if any impact would be for the better or the worse. Many questions arise with the new HIPAA Law Regulations For Example: What it meant protecting the confidentiality of protected health information mean? How HIPAA will be enforced? Would it be possible to provide efficient…

when choosing health care insurance. They can determine their choice of the type of plans based on which doctors they chose to see and the possible out-of-pocket costs. Ultimately, it will be the choice of the patients to choose a health insurance plans that will fit their needs in terms of personal preference and circumstances . However, I decided to chose health maintenance organization and indemnity plans, in part, to show a distinct difference of the basic two plans and how they can fit the…

Free HealthCare: Right or a Privilege? If Canada, Europe, and even Australia provide universal healthcare, why does the United States, one of the richest countries in the world, not do the same? The United States is in so much debt with other countries and even inside its own country that the healthcare is not on the list of their citizen’s privileges. The government should promote “the general welfare” as said in the Declaration of Independence. Free education, public law enforcement,…