As travel has increased by 8 percent, Cigna has seized the opportunity to provide its customers with additional protection against unexpected emergencies while they travel, such as urgent medical situations by acquiring FirstAssist. This acquisition will give a boost to the global footprint made by Cigna International and will grow its affinity partner relationships as it increases the strong distribution expertise and product offered by FirstAssist. FirstAssist Insurance Services was purchased by the Cigna global health services company from Barclays Private Equity. FirstAssist had appeal to Cigna as it is…
Read MoreTag: Supplemental health insurance
What consumers can expect from Medigap coverage
According to senior Medicare adviser from PlanPrescriber, Steve Zaleznick, consumers with original Medicare have been watching their insurance premiums steadily climb, and it is recommended that these individuals carefully consider their Medigap supplemental coverage in order to make sure that adequate protection under a less expensive plan. According to the director of benefits access policy of the Washington D.C.-based nonprofit advocacy organization, National Council on Aging, Hilary Sohmer Dalin, Medigap plans are designed to function with the original Medicare plan, and “Medigap wraps itself around Medicare and covers some or…
Read MoreBuying business insurance to protect yourself and your company
Just as it is important to obtain insurance coverage when you own a house or a car, it is equally important to protect your business. If you are the owner of a company of any size, it is highly recommended that you speak with an independent business insurance agent in order to find out about the types of coverage that are available to you, and to help decide which ones are right for you. This is a decision that should not be rushed, as shopping around will help you to…
Read More3 types of insurance coverage you might have but don’t need
Insurance can be exceptionally useful for helping to bring you peace of mind and assisting you in case catastrophe occurs. However, just because it can be handy doesn’t mean that you need every form available. It is important to have a look at the types of coverage you have so that you know that you’re not buying coverage for something you don’t have or need. Some of the main types of coverage that many people don’t need include the following: • Rental car insurance – though the agents at the…
Read MoreNew insurance guidelines are providing women with new healthcare opportunities
Many women are already singing the praises of the changes in the coverage regulations for women under the Obama administration’s Affordable Care Act. Since the Act went into effect, the following additional coverages for preventive services have been added for women, without deductible, co-insurance, or co-payments: • All forms of patient, sterilization procedures, and contraceptive methods that have Food and Drug Administration approval. • An annual “well-woman” preventive care visit for women. • HPV virus screening every three years for women over the age of 30. • A gestational diabetes…
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