Medical Coding is the process used through which the descriptions of medical diagnoses and procedures are converted into universal bits of numbers, known as "codes". These codes are numeric and alphanumeric designations that depict the descriptions of injuries, diseases and other health care procedures used in the medical field.Medical coding has emerged as an important field of medical sciences. It allows access to different healthcare records...more
There are many insurance plans that are signs of the good insurance companies. These insurance are the family dental insurance, individual insurance and long or short term insurance plans. There are some important steps and considerations that should be in the minds of the people when choosing the best plans for them. First of all consider either the plan is your need or not. If the plan is your need then you should move forward to get necessary...more
One of the main reasons people dont purchase long term care (LTC) insurance is because the premiums are expensive and they think the gamble of paying all that money against the probability of needing long term care is just not worth it. Many people who have purchased long term care insurance a decade ago have allowed their policy to lapse since premiums have doubled in some states in the past seven years. Premiums can range from $2,500 to $5,000 per year which explains why there has been a significant drop in sales of new long term care insurance policies.Why should I purchase long term care insurance?The baby boomer generation makes up about 25 percent of the U.S. population. Thats about 77 million people. By the year 2020, about 33 percent of the population will be in their 60s. Two-thirds of those over the age of 65 will need long term care at some point during their lifetime. Here are five reasons why you need to purchase long term care life insurance.Theres a good chance you might need long term care insurance. According to information from the U.S. Department of Health and Human Services National Clearinghouse for Long Term Care Information (2008), about two-thirds of those...more
What is your most valuable asset? Most people will say its their house, or their car, but not many consider their income to be their most valuable asset, and yet without an income none of us would be able to make payments on a house or a car. So just like we insure our home, and our car, we should protect our income with disability insurance....more
Keeping Fido healthy can be very expensive. Often times, taking care of the family dog, is like taking care of another family member. The dog needs food and medical care just like the human. When the animal gets sick, they need to be taken to the veterinarian. When the animal gets injured, it needs to be taken to the veterinarian. When the animal...more
Naming individuals as beneficiaries of your life insurance can produce problems getting your death benefit used as you intended. This article overviews who you should avoid designating as beneficiaries and devices you can use to assure your intentions for those benefits.*Problems with assigning persons as beneficiary:You may be married and have a couple of kids; or you're married to a second wife with children of a previous marriage. You assign a beneficiary - your wife - and a contingent beneficiary - your children - with an intended idea of who should get your insurance proceeds and for whom they should be used. Unfortunately, circumstances can easily occur that can undermine your 'intended idea'. With your wife as beneficiary and the children as contingent, her simultaneous death - or soon after yours - may leave someone other than your choice as guardian of your children. This guardian may make unsuitable use of your insurance proceeds. Assigning a new wife as beneficiary with your children from a previous marriage as the contingents, opens the possibility that after your death she may break-off all her relationships with, and financial support for, your own children. Who else...more
The ability to obtain insurance is in a state of upheaval, as politicians, doctors, and health insurance coverage providers are pitted against each other with the consumer laid bare on a gurney between them. This atmosphere requires that a consumer...more
Insuring an automobile is not only important to protect yourself in case of an accident, it is required by state laws. Liability insurance is the most basic type of insurance you can purchase for an automobile and this is the type of insurance that...more
If you are looking for ways to save on the cost of your car insurance then you should keep reading as there is no better time to save than these hard economic times. Saving on your rates and premium requires taking few steps such as comparing prices...more
Tighter budgets and a slumping economytwo reasons why more and more Americans are allowing their life insurance policies to lapse. According to a survey conducted by LIMRA in 2010, the life insurance research group headquartered in Windsor,...more
Most people know they need life insurance, but just how much coverage they need can be a mystery. Experts will say that you should purchase 10 to 20 times your annual income but this is a generalization and since life insurance needs will depend on...more
Buying life insurance for your child is one of the biggest dilemma parents will face. To buy or not to buy? Most parents are confused and dont know what to do. To compound the dilemma, some life insurance agents will make parents feel guilty for not...more