Head over to any mall located anywhere in America, grab a seat on a bench, and watch the people as they pass and you’ll soon see that this country has an obesity problem. That’s not much of a secret; after all it’s been it’s been well documented for years in the national media that America is getting larger (around the waste). What you may not know is that Tennessee is well above the national average in not only adult obesity, but obesity in children as well. [Read more...]
Replacing You AIG Coverage?
September 22, 2008 By 1 Comment
You might soon be contacted by an insurance agent looking for frightened AIG policyholders. This type of agent will have one thing in mind, making a sale. Get the facts before replacing your AIG coverage. [Read more...]
A.M. Best Downgrades AIG
September 15, 2008 By Leave a Comment
The insurance industry rating agency has downgraded the ratings of American International Group (AIG) from an A+ (Superior) to A (Excellent) rating following its near collapse. [Read more...]
What Is A PPO Network?
September 4, 2008 By 1 Comment
A Preferred Provider Organization (PPO) is an organization that negotiates arrangements with doctors, hospitals, and other healthcare providers to accept predetermined fees from insurers for their services. So, who benefits most from a PPO, the insurance company or the insured person? [Read more...]
September Is Life Insurance Awareness Month
September 1, 2008 By Leave a Comment
The purpose of the national Life Insurance Awareness Month campaign is to increase understanding of the importance of life insurance. This initiative is sponsored by the not-for-profit Life and Health Insurance Foundation for Education (LIFE) organization and the key message of the campaign is that Life Insurance offers a variety of valuable benefits across all age groups. [Read more...]
Humana to Buy Cariten Healthcare for $245M
August 26, 2008 By Leave a Comment
Cariten Healthcare, a Tennessee based not-for-profit company is being acquired by Humana Inc, a Kentucky based for-profit corporation for $245M. [Read more...]
Insurer Receives $20 Million Fine
July 30, 2008 By Leave a Comment
HealthMarkets, Inc. was recently fined $20 million following a market conduct exam that found problems with consumer disclosure and agent oversight. Do you recognize the name? Perhaps you would recognize some their affiliate names: the Mega Life and Health Insurance Company, the Chesapeake Life Insurance Company, or Mid-West National Life Insurance Company of Tennessee. [Read more...]
The Male Equation for Health Insurance
July 13, 2008 By Leave a Comment
If you’re married and have health insurance or received health insurance quotes, then you know that men cost less to insure than women. The real question isn’t necessarily why the costs are different, but rather what makes it lower for a male instead of a female? [Read more...]
The Female Equation for Life Insurance
July 13, 2008 By 6 Comments
If you’re married and have life insurance, or have received life insurance quotes, then you know that women cost less to insure than men. It’s been suggested to me many times that life insurance companies charge more for men than for women because they know that in most cases men are the primary source of family income, and therefore, more likely to purchase life insurance. Thus, the insurance companies make more money. While that’s a great conspiracy theory, it’s just plain wrong. [Read more...]