There's a powerful agenda behind the opposition to the rule proposed by the U.S. Department of Labor (DOL) requiring that advisors to retirement plans be fiduciaries: The securities industry wants to preserve its ability to give conflicted advice. There's a lot at stake.
Being an adult comes with many responsibilities, and among the most important is purchasing the right type of insurance plans. There are four basic insurance plans a person needs: Life, Health, Car and Rental/Homeowners.
As well intended as it could be, the regulator seems to ignore that none of the European insurance companies needed any rescue during the financial crisis and they even contributed to the haircut of Greek debt.
Health conscious consumers who have proven their value to insurers over the course of twelve months deserve to receive financial reimbursement for their efforts. Even a year's worth of successful compliance by those patients facing on-going conditions such as diabetes would prove beneficial to patient and insurer.
There's an epidemic in America that's not getting the attention it deserves: hospital closures. The situation is so dire that, according to the American Medical Association, almost one third of all emergency rooms in the country have closed since the mid-nineties.
When a child is hungry, she will not necessarily eat.
I've called myself other titles, masking that my income comes from the life insurance industry. There are multiple reasons why my lifetime occupation became a semi-hidden secret. The industry itself went through the same kind of identity crisis.
The insular and well-heeled world of American asbestos litigation is gathering atop San Francisco's Nob Hill this week for what amounts to an annual current-events snapshot, and this year things may get a bit testy in the industry triangle of plaintiff attorneys, defense firms and insurance companies.
While Hobby Lobby and other legal battles are important decisions playing out in the high courts, none address the structural problems with the delivery of insurance to consumers. To address the structural problem, let's go back to the breakup of AT&T.
I'm assuming you are aware of this issue, President Obama -- the fact that doctors are refusing to take your insurance. I'm assuming you get that this is not acceptable.
Since the new health insurance exchanges launched last October, there's been a seemingly endless stream of news stories, mostly about rollout problems, health insurance cancellations, enrollment numbers, or personal anecdotes that are quickly repurposed as political fodder. But what about the shopping experience?
Having elections every two years for House members means that the only real work that the Representatives do following being elected is start working for their immediately looming re-election.
"We're just gently nudging younger people into seeing how beneficial the new health care system is," says Health and Human Services/Biological Havoc spokesperson Alan Kollop.
Regardless of your general disposition toward the president, let's make sure your anger isn't just a little bit misguided.
The patients who reach out while in the quicksand of catastrophic illness, like the 49-year-old man who was terminated by his insurance company because he had the nerve to contract brain cancer, are equal parts heartbreaking and inspirational.
Insurance companies suck. Anyone disagree? No? Good, let's continue. They want you to die, don't they? Okay, maybe that seems a little harsh, but that's what it feels like to me every time I hear the word "denied." I'm sure by the end of this post, if you put yourself in my shoes, you'll feel the same way.