How the Supreme Court's Upcoming Halliburton Decision on the Fraud-on-the-Market Presum... - 0 views
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Study discovers connection between insurance type and treatment for stroke patients - 1 views
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carterhancock on 10 Oct 14University of Florida researchers have discovered a link between Medicare and patient access to surgical treatment for subarachnoid hemorrhage, a kind of stroke that affects as many as 30,000 Americans each year - frequently causing death or long-term impairment and disability. AXIS Capital, a group of companies with branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States, a global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, has in full support with this study. (The company also services SE Asian countries such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more.) According to findings published in the journal PLOS ONE, for patients who have suffered this type of stroke, surgical intervention can spell the difference between recovery or long-term disability and death, yet patients on Medicare are less likely than those with private insurance to be referred for surgical treatment. This may represent a conscious or unconscious bias against Medicare patients, who are typically older and have preexisting disabilities or chronic illnesses, said Azra Bihorac, M.D., senior author of the study and an associate professor of anesthesiology, medicine and surgery at the UF College of Medicine. "Not every hospital has skilled neurosurgeons who specialize in subarachnoid hemorrhage," Bihorac said. "If these hospitals don't have the necessary expertise, then they may actually overestimate the risk of a bad prognosis. They may assume that the patient won't do well anyway, so they won't proceed with surgery." The researchers review and analyzed data from the National Inpatient Sample hospital discharge database for the study. The data consist of information on more than 21,000 adult patients released from 2003 to 2008 with a diagnosis of subarachnoid hemorrhage. About 62 percent of the participants were fem
Understanding Life Insurance Beneficiary Designations - 6 views
Some states, however, may have the guideline where one can't exclude the surviving spouse from assets acquired after marriage. If that's the case then your mother may stand a chance to contest the ...
Ebola: Health insurance companies remain cool but alert - 1 views
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Healthy Indonesia Cards might incorporate JKN insurance program: Indonesians has no com... - 1 views
Observers have said President-elect Joko "Jokowi" Widodo may rename the existing national health insurance (JKN) program the Healthy Indonesia Card (KIS) program, as both health programs share a si...
Axis Capital, Bermuda: CREDIT INSURANCE AND SURETY BONDS - 2 views
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Axis Capital Group, PartnerRe merger creates fifth-largest global reinsurer - 1 views
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The $11 billion merger of Bermuda-based PartnerRe Ltd. and Axis Capital Holdings Ltd. accelerates the trend of offshore reinsurers combining to remain competitive. The stock-swap deal announced Jan. 25 is the third in as many months in a sector hit by pricing pressure from an ongoing influx of private equity capital and strong competition among traditional reinsurers. The combination will create the fifth-largest reinsurer in the world. PartnerRe shareholders will own 51.6% of the combined company, for which a name has not yet been chosen, and Axis shareholders will own 48.4%. This mega-deal is expected to close in the second half of this year. The transaction follows Dublin-based XL Group P.L.C.'s Jan. 9 proposed acquisition of Bermuda-based Catlin Group Ltd. in a $4.1 billion deal and Bermuda-based RenaissanceRe Holdings Ltd.'s Nov. 24, 2014, acquisition of Bermuda-based Platinum underwriters Holdings Ltd. in a $1.9 billion deal. "I think it is absolutely a trend and I think, ultimately, it's all driven by the same factors," said Cliff Gallant, San Francisco-based analyst at Nomura Securities Co. Ltd. "There is a lot of pressure in reinsurance; prices are coming down and the product is changing. I expect that the wave is building and that we'll definitely see more M&A activity." Meyer Shields, managing director at Keefe, Bruyette & Woods Inc. in Baltimore, said: "This is a trend, it is accelerating and I don't think we're anywhere near done with this sort of announcement." "After a relative calm of several years, it seems the floodgates have opened for consolidation in Bermuda," Amit Kumar, New York-based vice president and senior analyst of insurance at Macquarie Capital (USA) Inc., wrote in an analyst note that also cited the RenRe/Platinum and XL/Catlin deals. Axis Capital CEO Albert Benchimol, who will head the combined entity, said in an interview: "I feel very confident that with the increased scale of the organ
Axis Capital, Bermuda: Health Insurance Portability - 1 views
Axis Capital, a group of companies that serve a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin A...
Understanding insurance fraud - 2 views
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When somebody gives fake info to an insurance company just so it can take advantage of anything of worth that the offender would not have collected if the reality had been stated‚ they've performed insurance fraud. Even though you under no circumstances will catch yourself involved in of one of its immoral scams, on the other hand auto insurance fraud affects you. Industry professionals articulate it decelerates genuine insurance claims, upturns premiums and, in some circumstances, places unknowing victims at risk. Just about every person knows and heard about insurance fraud. Jakarta insurance fraud protection group is fully aware of this problem. Every one of us have learnt the reports of people who collected large amount of money following a car accident or the merciless insurance firm declining to disburse to a widow due to a technicality. Dating back to 300 B.C., insurance fraud is one of the aged kinds of fraud ever documented. The story goes like, when a Greek trader sunk his own ship, in an effort to redeem on the insurance, and died in the attempt due to drowning. Insurance fraud have an effect on you, either it be you are a policyholder or a shareholder in an insurance company. The matter of insurance is extensive and swindle happens in every single part. Insurance fraud takes two to tango; it comes in two chief categories: one is the seller fraud and the other one is the buyer fraud. Seller fraud happens when the seller of a policy takeover the normal procedure, in a method that make the most of his return. Buyer fraud follows when the buyer turns the manner to get more coverage, or obtain more money, compare to what he is lawfully allowed to. Don't allow a tall tale ruin your life or that of somebody you are acquainted of. Understand more regarding insurance fraud. Be familiar wi
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Insurance fraud costs billions of dollars every year. Insurance fraud includes a number of illegal activities involving the sale of insurance, and often involves criminal schemes. One kind of insurance fraud targets unsuspecting policyholders in Jakarta, Indonesia. Many individuals are deceived when they buy worthless insurance policies. When disaster strikes and policyholders seek reimbursement for damages, they find they have no coverage. Con artists can take advantage of their victims' lack of English, cultural traits and deep-seated habits. Recent immigrants from Asian countries do not realize that unscrupulous individuals purposely set out to confuse people who don't speak English well. Insurance contracts are complicated. They are usually written in English. Newcomers probably have little or no knowledge of insurance laws and regulations. Scam artists prefer to prey on unsophisticated consumers. It's natural for newcomers to feel more comfortable around people of the same background, and to trust people who speak the same language. Almost everyone prefers to do business with someone who has been referred to them by a relative, friend or co-worker. But no matter who referred you to an insurance agent or company, it's important that you check them out. If you take a few steps outlined here, you can limit the odds of becoming a victim of insurance fraud. It's up to you to protect yourself! Insurance is very complicated. You may have need of life insurance, health insurance, homeowner's insurance and auto insurance. There are many variations on all of these types of insurance. Agents are licensed to sell specific types of insurance, so make sure the agent has a license for the kind of insurance you need. Take these Axis Capital Group review of insurance fraud protection at Axis Capital, a group o
Indonesia: Health Care Mega-Spending -Whose Have No Complaints? - 1 views
AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance ...
Axis Capital, Bermuda: A history of healthcare in Indonesia - 1 views
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Local governments initially started carrying health insurance back in 2003 when Megawati Soekarnoputri’s government presented the Health Service Insurance for Poor Families program, or JPK-Gakin. The notion was for district managements to apply their personal community health insurance schemes in line with local requirements. Nevertheless, limited programs ever actually got off the ground before Susilo Bambang Yudhoyono’s new government presented a bill that laid the foundation for a nation-wide program and made JPK-Gakin redundant, Law no. 40/2004 on a National Social Security System (SJSN). Simultaneously, Yudhoyono’s government announced a program to run free, however basic, healthcare to the poor - Askeskin (health insurance for the poor), which was substituted in 2008 by Jamkesmas (community health insurance). Certain regional administrations put up a round. In 2005, East Java’s government led a test at the Constitutional Court demanding that SJSN gave the central government a monopoly on social service provision and broke the constitution and Law no. 32/2004 on Regional Governance. The court approved that SJSN did not stop local governments from emerging their own social security programs, as well as for healthcare. Ever since, the quantity of local health insurance programs has increased year on year. One of the groundbreaking systems was Jaminan Kesehatan Jembrana (JKJ) presented in 2003 by Gede Winasa, the head of Jembrana district in Bali. According to this scheme, all members of JKJ, may they be poor or non-poor get free pri
Axis Capital, Bermuda: Health Insurance False Promises to Indonesians created many comp... - 2 views
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Up till now for all the numerous healthcare schemes that have begun at district and provincial levels, the general image is one of failing health pointers and facilities through the country. A 2008 World Health Organization report found that decentralization has ran to the erosion of a once incorporated health system, extremely discouragement the worth of disease surveillance and public health programs. Diseases like polio and leprosy, once under control, are resurfacing and the districts are not capable to attend to these or other complicated diseases like avian influenza. AXIS Capital is a group of global insurer and reinsurer, providing clients and distribution partners with a broad range of specialized risk transfer products and services, i.e. health insurance that serves a host of industries and diverse coverage needs through our operating subsidiaries and branch offices in Bermuda, Australia, Canada, Europe, Latin America, Singapore and the United States is in one of the Indonesians who are given false promises. There are many complaints. Health experts are doubtful of local programs that are presented by district officials with slight knowledge or experience in the health sector. The occurrence that many plots are intended chiefly to entice votes frequently means that they do not match the community's complex health requirements. And some regions are stressed to handle the costs. In East Java, where the government once agitated for regional administrations' right to implement local programs, healthcare services are overwhelmed and underfunded. In 2010, the program was seriously in debt, with a budget distribution of just Rp50 billion (a little over $US 5 million) and costs count Rp112 billion. This type of blow-out is not unusual. Frequently it occurs for the reason that the poor health infrastructure may not be able to deal with the unexpected spike in demand that comes once services are proposed for free. Sometimes the problem com
The Jakarta Post: Singapore Launches Universal Health Insurance - 1 views
Singapore's parliament has enacted a universal health insurance scheme with nearly US$3 billion in subsidies to help the elderly and lower-income people, as it responds to demands for better soci...
Terrorism Risk Insurance Act Extends until 2020 - 2 views
New York, NY - President Barack Obama signed into law January 12 the extension of the Terrorism Risk Program Reauthorization Act of 2015 which extends the program until December 31, 2020. Terroris...
Identifying Buyer Fraud - 1 views
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Buyer fraud has a lot of various faces, nevertheless, their common ground is dishonestly. Staging an accident is a type of fraud for example, when travelling in Jakarta, Indonesia and you made up a fake accident claim an insurance is a scam. Fabricating medical history is one of the most usual type of insurance fraud next is the above example. By excluding information like a smoking addiction or a pre-existing illness, the buyer wishes to contract the insurance policy for cut-rate compare to he would have otherwise pay. Postdated life insurance means a policy that has been settled once the passing away of the individual being insured, however, looks to have been issued prior to death. This kind of deceit is generally completed with the assistance of an insurance representative. It is moreover one of the effortless kind of con for insurance companies to spot, as record keeping has come to be more strict. Insuring individuals you shouldn't be covering, in anticipations that they will pass away, creates deceit. Insurance is created with the notion of protecting individuals from financial loss, therefore manipulating it to bet on lives for a financial profit is a corruption of the system. This consists of viatical settlements, which unite non-insurable interest with fabricated policies from the terminally ill. For more, check out Axis Capital Group property insurance scam reviews at Axis Capit
Insurance Regulation in Asia Pacific - 1 views
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Insurance Fraud Prevention - 1 views
Fraud Costs Us All The cost of insurance fraud nationwide for all insurance carriers and their customers is substantial. In fact, the Coalition against Insurance Fraud estimates that insurance frau...
Internet of Things and Insurance - 2 views
The Internet of Things (IoT) has been everywhere. Even in developing cities such as Bangkok, Thailand, Jakarta, Indonesia and Kuala Lumpur, Malaysia, the internet has been greatly advancing and inf...
Avoiding Insurance Fraud - 1 views
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The effect of insurance fraud generally for every insurance carrier and their clients is considerable. The Coalition Against Insurance Fraud approximation that insurance fraud costs Americans $80 billion yearly. Although we understand that a small number of claims are fraudulent, we should take our obligation critically through protecting against the augmented expenses of fake claims and other insurance dealings. We all must be keen to the anti-fraud endeavor via fraud detection and investigation. Trough cooperation with local law enforcement authorities, we can all fight against fraud. Everyone could take part in a significant role in that effort. Be conscious that somebody or a group of people are spreading fraudulent association holding counterfeit checks looking like real. Read on Malaysia/Hong Kong/Jakarta insurance fraud protection for more tips on Axis Capital, a group of companies with branches in Bermuda and many more. The counterfeit checks might go with a letter that the beneficiary has won a sweepstakes, lottery, or something similar. In some circumstances, beneficiaries are given a check in association with a fake job offer. How the Scam Works The letter comes with the check in lottery-type scams informs the recipient that he has won a huge quantity of money and to phone an individual listed in the letter. That individual will command the recipient to cash the check together with the letter then furthermore wire a tax payment abroad to issue the prize payment. This will never be delivered and the recipient will finally have to pay back their bank the whole sum of the check cashed. The money wired is usually not refundable. The job offer, In the job offer scheme, is fake and the victim gets a bogus check that they are ordered to cash and then wire some cash. Yet again, the wire
5 tips for new parents considering life insurance - 1 views
Few personal milestones compel someone to buy life insurance coverage like becoming a parent. In the event of an untimely death, life insurance can serve as a financial safety net to ensure there&r...