Insurance news made as Africa seeks epidemic disaster coverage

February 5, 2015February 2, 2015 Julie Campbell

health insurance news ebola hazmat isolation quarantine

Countries in that continent are now looking to broaden a catastrophe protection fund for emergencies like Ebola. African countries are in insurance news headlines as they now seek to widen a new type of catastrophe fund, which has already made its first payout, as of January, which was for $25 million. The catastrophe insurance fund is meant to provide protection against Ebola-like outbreaks. This insurance news could mean that countries that face catastrophes such as the devastation left behind by the Ebola outbreak in several African countries, could receive payouts…

Would a health insurance plan foot the bill for Ebola care?

October 27, 2014October 25, 2014 Julie Campbell

While the risk of contracting the disease in the United States is very low, many wonder about treatment coverage. The odds of every catching the Ebola virus within the United States are quite slim, but as many people watch the headlines about specific cases that have popped up in the country, they also wonder if their health insurance would cover the very high expenses that are associated with medical care for that illness. Estimates regarding the price of Ebola care can range from a massive $5,000 to $25,000 per day.…

Insurance news made as clinics and hospitals seek coverage against Ebola losses

October 20, 2014October 20, 2014 Julie Campbell

Massachusetts General Hospital health insurance

A broker based in Boston has announced that it is rolling out this new protection across the country. The risk of having to quarantine an Ebola patient has had hospitals and clinics wondering how much money they could potentially lose in such a circumstance, and in recent insurance news, a broker from Boston has announced that a policy will be offered to protect them against just that. A special Ebola insurance is now being sold at William Gallagher Associates as developed by Phil Edmundson. According to Edmundson, people could decide…