unil Godhwani
Plan Creates New Program to Pay for Long-Term Care
One provision of the health-care legislation with broad potential impact on Americans isn’t about health insurance. Instead, it would create a new federal long-term care benefit that would pay cash to people who become disabled. Premiums for the program would be automatically deducted from the paychecks of people who work for participating employers, but employees [...]
Tips to Consider Before Buying Long Term Care Insurance
The Center for Retirement Research recently reported that 64% of pre-retirees will be at risk of not having enough money saved to maintain their current lifestyles. That means that 2 in 3 retirees will have to reduce their standard of living in retirement. If no major medical issues arise, it may not be so bad. [...]
Swiss Re, Religare Tie-up for Health Insurance
In order to increase its presence in the insurance segment, financial services provider Religare today signed an agreement with global reinsurer Swiss Re to set up a 74:26 joint venture for health insurance. The joint venture now awaits approval from the Insurance Regulatory and Development Authority (Irda) and plans to roll out operations by the [...]