Welcome to Health Insurance City - Articles, News & Information
Free Medical Health Insurance Article
This is a selection made from among articles on Free Medical Health Insurance. For a permanent link to this article, or to bookmark it for future reading, click here.
Beyond the Box Office Screen—Medical Insurance Companies’ Corporate Structure
from:
Medical insurance means health and financial security. You will be able to avail the medical services you need especially in times of emergencies and when you do not have enough cash at hand. It also translates to savings since you will no longer shoulder your medical expenses once your policy has been approved and declared effective.
Medical insurance policy of varying coverage can be obtained in different ways. If you are currently employed, you do not need to apply for an individual policy for you are automatically enrolled in the group medical insurance policy sponsored by your employer. If you are not currently employed, let us say you have your own business or you are an ordinary individual, you need to apply for a self-employed or individual medical insurance policy, respectively.
Whatever type of plans you want to get or medical coverage you want to avail, different medical insurance policies just come from one entity—and that is, a medical insurance company. They are the ones providing the medical coverage stated on each type of your medical health insurance policy. They are also in charge of the processing and approval or denial of every policy application from their clients.
We have already read articles before about how to get the best medical insurance companies that offer the coverage you really need. What if we shift our discussion to other aspects of medical insurance companies?
Since you already understand what the best medical insurance companies for you are, it is now time to understand their overall operations. This will shed light on how the premiums of their policies are set as well as appreciate the persons or groups influencing their medical coverage and service.
Probably you will notice that there are hundreds of medical insurance companies operating in the United States. However, their operational structures have still something in common. Read on the preceding sections and familiarize yourself with the in-charge departments and their respective functions.
Executive and Administrative Department
This is spearheaded by the medical insurance company himself who is in-charge of the overall operations of the company. All major and important decisions are made in this level such as reorganization within the company ranks. The decisions made by this department may either directly or indirectly affect the premium charges for their policy.
Marketing Department
This department is tasked to handle public relations and advertising matters of the medical insurance companies. The marketability of their medical policies as well as their advertising decisions may affect the medical plans they will be offering in the future.
Agency Department
This department is concerned with the employment, training, and compensation of the insurance company’s sales force that is composed of medical insurance agents. It also provides additional customer service to insurance agents assigned on field work.
Underwriting Department
This department is in-charge of the review of individual medical histories of the policy applicants and decides whether they should receive coverage or not. They usually set the plan rates based on the geographic, demographic, and risk classifications summarized by the actuarial section which is composed of mathematicians and statisticians.
Finance Department
It is spearheaded by the company treasurer which is tasked to handle and manage the medical insurance companies’ investments. The flow of investments and its performance in the market may actually affect the premium settings of your policy.
Claims Department
This department facilitates the payment of all medical bills submitted either by the policyholder himself or his attending physician. They often work with the physicians or hospital’s concerns to settle the claims.
Understanding the corporate structure of various medical insurance companies as well as appreciating their respective functions will answer your queries on how they process your policy papers and approve your medical claims.
Free Medical Health Insurance Specific links
Free Medical Health Insurance
- Looking for Free Medical Health Insurance?
-- http://www.shopica.org/
Free Medical Health Insurance
- Symptoms, causes, treatments of Free Medical Health Insurance
-- http://www.myoptumhealth.com/
Searching For Dog or Cat Breeds?
- Find Every Dog & Cat Breed at Petside.com
-- http://www.petside.com/
Free Medical Health Insurance News
Finding health insurance when unemployed (WVLT-TV Knoxville)
One of the first issues to come up after losing your job is health insurance. The cost of Cobra is really not affordable to anyone, especially someone who is un-employeed. One East Tennesee family knows this all to well, when both were laid off from their jobs, leaving them and their child without healthcare.
Read more...Angara bats for free health insurance for kids (GMA News)
MANILA, Philippines - Around 14 million Filipino children will benefit from a government health insurance program, a senator has said.
Read more...Consumers Find Affordable Health Insurance Quotes Using Innovative Plan Finder on GoHealthInsurance.com (Marketwire via Yahoo! Finance)
Building off the early success of their online portal, GoHealth Insurance has created a new interactive Plan Finder that makes it easy for shoppers to compare affordable health insurance plans online.
Read more...Rep. Kagens returned pay raise will aid two local medical clinics (Manitowoc Herald Times Reporter)
WASHINGTON Congress is getting a $4,700 automatic pay raise this year, but Rep. Steve Kagen says he is giving his to two medical clinics that provide free health care to low-income people.
Read more...Health Highlights: Jan. 8, 2009 (HealthDay via Yahoo! News)
Here are some of the latest health and medical news developments, compiled by editors of HealthDay:
Read more...Missouri Expands Health Services For Low-Income Women (Medical News Today)
Missouri has expanded a program to provide state-funded women's health services -- including pelvic exams, cancer screenings and family planning services -- to low-income women without private health insurance, the AP/Washington Examiner reports. The program is available to women ages 18 to 55 with incomes up to 185% of the federal poverty level.
Read more...No job, no health insurance: How to survive tough times (Atlanta Journal-Constitution)
Just two weeks after getting laid off from his job, Ashish Desai sprained his ankle and knee playing tennis. No paycheck and no health insurance meant no doctor for the Buckhead resident. Desai bandaged the injuries the best he could and left them to heal. "It doesn't feel great by any stretch, but it feels good enough," said Desai, 32, a former securities analyst who lost his job in October ...
Read more...