Introduction As healthcare costs continue rising every year, finding ways to save money on medical expenses is more important than ever. One strategy that is gaining traction is the use of Health Savings Accounts, or HSAs. An HSA allows you to set aside pre-tax dollars to pay for qualified medical expenses now and in the …
Introduction Hello everyone! My name is Adam and I work as a benefits coordinator at a mid-sized company. Every year during open enrollment season, I get lots of questions from employees about navigating the process of selecting or changing their health insurance plans. It can definitely be overwhelming trying to choose the right plan for …
Introduction The COVID-19 pandemic has shone a harsh light on many weaknesses in our healthcare systems and highlighted opportunities for improvement. At the same time, it accelerated the adoption of telemedicine as people sought safer ways to access medical care. Post-crisis, experts foresee lasting prominence for telemedicine, expecting it to shape healthcare services significantly in …
Introduction Hello everyone, my name is Jacob and I work as a health insurance advisor. In this article, I wanted to discuss an important yet sometimes overlooked aspect of health insurance – how our lifestyle choices can impact the premiums we pay. Maintaining good health is important for our overall well-being, but it also has …
Introduction Hi there! My name is Claire and I work as a healthcare advocate, helping people navigate the complex world of health insurance. I know firsthand how confusing and overwhelming the health insurance process can be, especially if you’re new to it. The plans, terms, and acronyms seem designed to complicate and obscure rather than …
Introduction Choosing a health insurance plan can feel like a dizzying task. With so many different options available on the marketplace, it’s easy to feel overwhelmed by all the jargon, plan types, coverage details, and price points. However, taking the time to do your research and compare plans side-by-side can help you select coverage that …
Introduction Over the past few years, the concept of “social inflation” has become a buzzword within the property and casualty insurance industry. Simply put, social inflation refers to the tendency of jury awards and settlements for things like pain and suffering damages to increase at a rate higher than general economic inflation. While the costs …
Introduction Hello readers, my name is Daniel and I work as an analytics consultant in the insurance industry. In this post, I wanted to share some of my insights around how data analytics and predictive modeling are revolutionizing the property and casualty insurance business. Property and casualty insurers have access to massive troves of customer …
Introduction The insurance industry operates in a heavily regulated environment and is subject to constantly evolving laws and regulations at both the state and federal levels. Regulators play a crucial role in overseeing insurance companies to protect consumers and help ensure a stable market. However, regulatory changes can also significantly impact insurers’ operations and bottom …
Introduction The property and casualty insurance industry has faced many challenges in recent years due to factors such as increasing claims costs, natural catastrophes, and changing customer needs and preferences. In response, insurers have been seeking out new and innovative ways to adapt their coverage models to remain competitive in today’s marketplace. While traditional policies …