When your health insurance is sponsored by your employer, it is easy enough to know which policy to choose because it has typically been selected for you, but when you are unemployed, self-employed, or employed by a company that doesn’t offer this medical benefits, then it is up to you to find your own coverage. Use the following tips to help you locate the right policy and price to fit your needs: • Healthcare.gov – this federal government site provides a number of questions that you can answer in order…
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GoDB Tech develops Mobile Insurance POS (point-of-sale) platform for Reliance General
GoDB Tech, a leading software product firm specializing in enterprise mobility solutions, today announced it has led the development of a mobile insurance point of sale (M-POS) application for Reliance General Insurance (RGICL), one of India’s leading private general insurance companies. The M-POS application is presently rolled out on Android devices and is powered by the GoDB Mobility platform, which is already deployed on the existing PC based Offline POS systems at RGICL across the country. The Mobility platform is a state-of-the art Mobile Enterprise Application Platform (MEAP).The platform equips…
Read MoreAmerican Association for Critical Illness Insurance seeks information regarding claims benefits for consumers
The American Association for Critical Illness Insurance has begun seeking feedback from insurance agents whose clients have received claims benefits in recent months. The trade association is looking to gather information on how these payments have been disbursed and whether consumers are satisfied with the service of their insurers. Critical illness insurance is a new type of coverage designed to provide care for those that suffer from afflictions such as cancer, heart disease and strokes. As a new form of insurance, information regarding satisfactory practices is scarce, leading the association…
Read MoreLegislation could exclude insurance agents from medical loss ratio provision of the Affordable Care Act
Two U.S. senators have drafted a new legislation that would exclude insurance agencies from the medical loss ratio provision of the Affordable Care Act. The provision requires insurers to spend no less than 80% of the money they collect from premiums on improving medical care. The provision would have dire implications for agents as it includes the money they collect from commissions. Senators Mary Landrieu, D-La., and Johnny Isakson, R-Ga., have introduced the legislation to the House of Representatives and hope that it will bring insurance agents the protections they…
Read MoreNationwide and Allied Insurance team to respond to natural disasters in Southeastern U.S.
Nationwide and Allied Insurance are coming together to provide policyholders with quick assistance in the wake of natural disasters that have come to the Southeastern U.S. In the past year, residents of Southeastern states have been inundated with storms, tornadoes and floods. These disasters have caused extensive damage to homes and businesses and put severe strain on the economy of the region. Insurers hold out hope that 2012 will not be a retelling of the previous year in terms of catastrophes, but recent storms have shaken that hope. The two…
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