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Posted by Stephanie Williams On Feb - 13 - 2012 0 Comment

Acting Director Marilyn Tavenner says the agency will re-examine the October 2013 deadline for the coding system, known as ICD-10. It expands the number of codes used for billing medical services.

The Wall Street Journal: Pace of New Medical Coding Implementation To Be ‘Re-Examined’ Today the acting head of the Medicare agency, Marilyn Tavenner, said the Centers for Medicare and Medicaid Services will “re-examine” the pace of ICD-10 implementation. … A CMS spokesman confirmed the remarks. … ICD-10, which stands for International Classification of Diseases, 10th Revision, is a new set of codes that will be used by doctors and hospitals to describe medical services in bills they send to insurers. It

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Tags: Codes Used, Used
Posted by Stephanie Williams On Feb - 8 - 2012 0 Comment

Along with the hot wheels, cool trim, leather interior and killer sound system, your sports car came with another line item add-on that wasn’t part of the MSRP: sports car automobile insurance. Insuring your shiny fast ride can add thousands of dollars to cost of ownership over the life of the car…unless you’re a savvy shopper. Here’s what you need to know to help you find cheap sports car insurance (or at least reasonably priced). For starters, different insurance companies have different definitions of what is and isn’t a sports car. This is typically based on a VIN (vehicle identification number) system published by the Insurance Services Office or the company’s own ranking system. Either syst

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Posted by Stephanie Williams On Jan - 20 - 2012 0 Comment

Finding affordable health care is difficult for a large majority of individuals currently without health insurance. According to a new analysis, three out of four uninsured Americans live in states that have yet to determine how best to provide its residents with the medical care they need.

Affordable Health Care Not Available to 1 in 4 Uninsured

After the Patient Protection and Affordable Care Act was passed in March 2010, states were given the responsibility of carrying out an immense expansion of health insurance by 2014.

States were required to create their on health insurance exchanges that offer uninsured individuals options that are roughly as affordable as those found with employer-sponsored coverage, as well as come up with other ways to offer affordable health care.

However, according to the analysis, only a few so far have been successful. Current

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Posted by Stephanie Williams On Jan - 14 - 2012 0 Comment

A new study concludes that dropping the individual mandate would result in overall lower health spending but increases in health insurance premium costs. Meanwhile, CQ HealthBeat reports on the drama that surrounds the Obama administration’s essential benefits proposal.  

The Hill’s Healthwatch: Study: Premiums Could Rise 25 Percent Without Insurance Mandate Insurance premiums would rise by as much as 25 percent if the healthcare law is implemented without an individual mandate, according to a new analysis from the Robert Wood Johnson Foundation. …

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Posted by Stephanie Williams On Dec - 30 - 2011 0 Comment

Just a few shopping days left before Christmas. Don’t let your car become a shopping mall for crooks. Every year, over $1.25 billion in personal property is stolen from America’s vehicles, according to the National Insurance Crime Bureau. Most of it is never recovered. Adding insult to injury, while your car insurance will cover any damage to your vehicle after deductible, most basic car insurance policies don’t cover personal property losses. However, your homeowner’s insurance or renter’s insurance may.

You’ll have to read your homeowner’s policy for exclusions, but some policies do insure personal property that is temporarily out of your home . Others let yo

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Posted by Stephanie Williams On Dec - 12 - 2011 0 Comment



Have you prepared for your financial future? Do you plan a budget but never stay on it? Do you promise to start financial planning for your retirement but end up spending the money? For many people, planning for their future or budgeting can be difficult. Most banks and credit unions now offer online checking accounts. These have the ability to streamline the planning process for those that need a little help. You only need to set up the accounts and payment times and it does the work for you. The

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Posted by admin On Dec - 11 - 2011 0 Comment

AARP is an organization that offers whole life indemnity for the older community. It looks at the different needs of the older generation who are more likely to have health issues and are of course older meaning the policy will be based on a shorter amount of time than a normal whole life insurance term. Although still seen as a risky type of life insurance there are still benefits for older policy owners that they need to be aware of.

One of the main functions of the whole life insurance for the older policyholder is the chance to provide money for their heirs at the time of their death. Read more…

Posted by Stephanie Williams On Dec - 11 - 2011 0 Comment

Federal officials have announced that the Medicareenrollment deadline, which is set to expire today, has been extended through Dec. 10 due to a jump in last-minute sign-ups. However, the officials caution that seniors may only qualify for the extension if they take important steps before the close of business today.

Medicare Enrollment Deadline Extended for Seniors

To keep up with a sudden increase in last-minute sign-ups, federal officials have decided to issue a three-day Medicare enrollment extension. They say this will give recipients an opportunity to switch coverage options within the private health insurance plan if they so choose.

However, there is a catch to the extension. Off

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Posted by Stephanie Williams On Dec - 4 - 2011 0 Comment

The Department of Health and Human Services today released its final medical loss ratio rule. The rule will ensure that health insurance companies spend at least 80 percent of consumers’ health insurance premiums on medical care rather than on income, overhead and marketing expenses.

The Hill: “Insurance plans will soon have to give consumers more information about how their premium dollars are spent, even if the spending meets new federal requirements. The disclosure requirements were included in final regulations on the healthcare reform law’s medical loss ratio (MLR) provision. The Health and Human Services Department finalized its MLR rules Friday” (Baker, 12/2).

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Tags: Rule
Posted by admin On Nov - 28 - 2011 0 Comment

When you rent a place, your landlord would possibly get a home owner’s insurance policy to cover him in the event that something happens to his property. However, did you know that you can actually get renters insurance as well? In actual fact, that is a highly important policy that you should consider because you might find that you need it one day. Sure, you do not own the property. Still, it would be wise to insure yourself against any unforeseen circumstances in the future such as flooding or theft. The good news is that you will be able to find good renters insurance covers that have the ability to give you as much coverage as you want.

One of the main advantages of getting renters insurance is of course the peace of mind that it brings to you. A Read more…

Tags: Insurance