Category: Insurance
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Obamacare and Universal Medical Insurance Coverage
Table of Contents Introduction Supportive Evidence Potential Solutions to the Issue Arguments for the Position Conclusion References Introduction Access to health care services has been a problem in the U.S. for a long time. The American health care system is stated to have been the most costly in the world in 2000, whereas occupying only…
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Insurance Issues in the Medical Center
A new community-based medical center may face various issues when starting working with patients from different backgrounds. One of all problems is the insurance of clients that have specific coverage of services. Further, the insurance issues of the medical center will be discussed, addressing the target audience of the institution. As the current patients of…
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The Insurance-Based Inequity Discussion
Humanity continues to fight cancer, trying to prevent people’s deaths. From 1991 to 2018, the cancer death rate in the United States decreased by more than thirty percent (Lin, 2022). However, cancer prevention and treatment are currently in a state where having health insurance is vital for patients. Even though there is tangible progress in…
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Medicaid Insurance Issues Analysis
Nowadays, physicians are still not obliged to accept Medicaid patients that remains a controversial discussion point. In the United States, there are more than 85 billion beneficiaries of this governmental-state program, while 71% of caregivers are ready to deal with their health problems (Holgash & Heberlein, 2019). Even though such patients usually put enormous effort…
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Is Insurance a Right or a Privilege?
Health care is one of the most important parts of the U.S. social system (Kovner & Knickman, 2008). Yet, many perceive the system as vague and not accessible to the poor. With millions of U.S. citizens uninsured, health care cost escalating, access to health care difficult, and health disparities eminent in this country, health care…
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Indemnity Dental Insurance: Pros and Cons
Indemnity dental insurance is one of the several insurance coverage schemes that can be accessed by the American citizens in need of seeking oral health care (Manski et al., 2015). Indemnity dental insurance is a fee-for-service plan, meaning that individuals who subscribe to this type of plan must pay for their dental procedures in full…
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Life Insurance: Types, Value of Money
Life insurance can be defined as the contract between the insurer and the person owns the policy. Some countries include some events like bills and death expenses are included in the premium policy. The insurer is bound to pay some money incase an even happens to occurs. If the insurer enters the contract he pays…
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The Federal Insurance Contributions Act: Economic Burden
Table of Contents Introduction Discussion Conclusion References Introduction Governments usually require taxes to meet expenses such as healthcare, security, and other public requirements. To raise the revenue, the government imposes taxes on goods and services as well as on the wages and salaries that employers pay and employees earn. In essence, payroll tax, such as…
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Automation of Insurance Industry: Personal Reflection
With the sudden outbreak of Covid-19, different industrial companies have invested in advancing digital platforms and technologies to guarantee the sustainability of their operations. As technological developments accelerate, customer expectations are constantly changing. Through a variety of innovative solutions, an essential change in the insurance industry is, therefore, being encouraged. Insurance has become a customer-friendly…
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Business Liabilities and Insurance
Introduction Residential ownership and property rental businesses are profitable and financially rewarding. Unfortunately, being a landlord is one of the most challenging jobs on the planet because it entails dealing with individual’s issues without invading their privacy. Bear Estate Properties, LLC is a single-member limited liability company registered in Florida. The business deals in providing…