Posted by janedant
on Monday, February 28, 2011
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Mounting pressure to keep runaway hospitalisation costs under control, combined with improved technology and facilities, has resulted in a rapid increase in the frequency of outpatient surgeries and procedures being conducted.
While this has resulted in reducing the amount of hospital-base recuperation stays, it has also caught numerous people short whose company or private medical insurance has not covered outpatient procedures.
"Outpatient diagnostic procedures and surgeries are now being performed in three types of facilities -- doctors' offices, outpatient departments in hospitals, and freestanding ambulatory care centres," notes Mr. Joseph Griffin, Chairman and CEO of Hong Kong based GlobalHealth International Group. "Such procedures and surgeries do not require an overnight hospital stay and patients return home after time spent in a recovery room in these outpatient facilities."
Read on Out Patient Insurance Cover Now More Important Than Ever
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Posted by janedant
on Friday, February 25, 2011
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Ask the typical person what sort of insurance coverage they have and they will usually rattle off the most common policies: automobile, life, homeowners, and accidental death.
While it is common practice to insure one's self and family against accidents and death, far too many people do not consider the importance of having personal medical insurance for major illnesses such as strokes, heart attacks, kidney problems, or even cancer.
This is a major oversight, for major illnesses may involve substantial medical expenses that continue for weeks, months, and even years. If you are uninsured against major illnesses, the financial consequences are potentially far reaching and devastating.
"The unabated rise in health care costs makes private health insurance for major illnesses essential," notes Mr. Joseph Griffin, Chairman and CEO of GlobalHealth International Group in Hong Kong. "This is because a person is now more prone to suffer long-term critical sickness than accidental death."
A long-term illness not covered by personal health insurance can be enormously draining financially for a family, often resulting in a substantial hit to personal bank accounts, investments and even retirement savings.
Continue Reading Private Medical Insurance Coverage For Major Illnesses
Posted by janedant
on Monday, February 14, 2011
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A very informative post by Doower
Personal medical insurance is available for those working, studying, or living outside Canada for an extended period. These insurance plans consist of full accident and sickness coverage, including emergency medical evacuation and war risk. Personal medical insurance is primary coverage for any immediate medical expense related to the accident. Commonly referred to as collision and comprehensive coverage, physical damage coverage is not provided by the state motor vehicle insurance account (smvia) for state vehicles, privately owned vehicles, or rental cars used on state business. Personal medical insurance is for the single people or main earner of the family.
The features available to you depend upon the policy you choose and also upon the insurance company you choose. As there can be much exclusion with the medical insurance, so you must check them before taking a personal medical insurance.
Continue Reading Characteristics Of Personal Medical Insurance
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Posted by janedant
on Wednesday, February 9, 2011
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For an individual not covered by a company or group insurance policy,
private health insurance can often seem like a massive, unbearable and expensive hurdle to overcome.
The choices are numerous and confusing, and taking out a policy for yourself or your family can appear costly. If you have a chronic medical condition, an additional stumbling block can be encountered, as your premiums may become even higher or you may face lengthy periods of no coverage for a pre-existing condition. As a result, people with chronic conditions often face the burden of high insurance premiums and having to also pay for treatments and medicines related to their long-term problems.
A chronic condition is usually defined by insurers as an illness or disease from which a person is unlikely to recover, or for which there is currently no cure. Examples of chronic illnesses include arthritis, asthma, cancer, cardiovascular disease, cholesterol problems, chronic obstructive pulmonary disease, depression, diabetes, high blood pressure, multiple sclerosis, and osteoporosis.
Continue Reading Lack of Insurance Compounds Chronic Conditions Burden
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