Live Insurance News

Allstate expands critical illness insurance into Canadian employer market

September 25, 2015September 23, 2015 Julie Campbell

Canada health critical illness insurance industry

The insurer has now broadened the reach of this product to help employers to offer added benefits. Allstate Benefits, the top voluntary benefits provider in the United States, has now expanded into Canada to give employers a new way to offer critical illness insurance products and services to their employees. This coverage is meant to enhance the health care services that are already available to all Canadians. According to the Canadian Cancer Society, there will have been almost 197,000 new cases of cancer in the country by the end of…

Insurance costs are driven skyward by some ailments more than others

July 28, 2015July 24, 2015 H. Cutner

New research has revealed the catastrophic ailments are the most expensive for insurers to cover. The results from a recent study that looked into health insurance costs has now revealed the 10 types of catastrophic ailments that are the priciest for insurers to have to cover as a part of their plans. Among the leading types of condition is going into labor early and having a preterm baby. Preterm births occur about 450,000 times every year and have been found to be among the highest insurance costs, says the new…

Cancer insurance is helping to plug some coverage holes

September 17, 2014September 15, 2014 G. Turner

This type of voluntary benefits is among a growing number of gap coverage being purchased by Americans. Employers and individuals, alike, are starting to look into a type of coverage product known as volunteer benefits – such as cancer insurance – which can help to fill the gaps present in some of the most popular health plans. These are rising in popularity as people start to see that a number of critical illnesses can still run up huge expenses. While cancer insurance is far from the only product in the…

Health insurance coverage may impact cancer outcome

August 20, 2014August 23, 2014 Julie Campbell

A recent study has shown that having a decent medical plan can improve a patient’s chances. Newly published research has shown that cancer patients who don’t have health insurance – or who do have it, but it is through the federal Medicaid program for those in the lowest income brackets – are at a considerably higher risk of negative medical outcomes than those with better coverage levels. The research also showed that those with poor coverage are more likely to have advanced cancer on diagnosis. Moreover, without health insurance, when…

Quality of medical care depends on where health insurance comes from

June 6, 2014June 5, 2014 S.Vagus

emergency health insurance policies medical technology

Studies highlight the difference between public and private insurance coverage Cancer patients receiving coverage through the federal Medicaid program may not be receiving quality medical care, according to three recent studies. The studies highlight the medical care that patients with different forms of cancer receive from the doctors associated with their Medicare networks. Notably, the studies found that those receiving coverage through the private market receive a higher quality of care than those on Medicaid. The studies were presented to the American Society of Clinical Oncology during an annual meeting…

Cancer insurance may be a vital tool for the young

June 5, 2014June 3, 2014 S.Vagus

Appropriate insurance coverage could be a powerful weapon in the fight against cancer Insurance coverage may be a very powerful tool in the fight against cancer, according to a new study from the Dana Farber Cancer Institute. Conventional health insurance does not typically include coverage for cancer of any kinds. This coverage most often exists as supplemental insurance and must be purchased separately from a primary insurance policy. The study shows that young adults that have been diagnosed with cancer, but have insurance coverage, tend to recover or live longer…

Pet insurance is helping more pets survive cancer

March 6, 2014March 4, 2014 Julie Campbell

According to Aquarium, a software provider for insurers, coverage is contributing to animal survival. According to pet insurance software company, Aquarium, companion animals such as cats and dogs are surviving cancer at a notably higher rate because of the treatments that their owners can afford through their coverage. This has created a direct link between animal health coverage and their cancer survival rate. For the majority of animal owners who do not have coverage, being able to afford cancer treatment for their beloved furry friends would be cost prohibitive. However,…