When insurance company AIG—which was considered “too big to fail”—was on the brink of failure during the Great Recession, the U.S. government stepped in to bail out the company in 2008. Bailouts like that don’t happen every day, though. In fact, you probably shouldn’t count on Uncle Sam…
You can borrow against next week with a payday loan and against next month with a credit card. You can even borrow against your own retirement with a 401(k) loan. What about a life insurance loan? Well, it won’t affect your afterlife, but your heirs might not appreciate…
As insurance companies take over corporate pensions, advocates are concerned about risks to retirees. How safe is your pension? As COVID-19 shutdowns hobble the U.S. economy, the question has taken on more urgency. While risks associated with underfunded pensions for state and local government employees have been known…
A foreign national is a person who is a U.S. citizen who lives outside the U.S. full time or a citizen of another country residing in or traveling to the U.S. As a foreign national, you can still get U.S.-based life insurance if you meet certain criteria. Here’s…
Among the many riders offered, the popular ones are term rider, critical illness rider, waiver of premium rider, and accidental death benefit rider. These riders are add-ons to the primary policy, which offers additional benefits over and above the policy. With these add-ons, policyholders can maximize their benefits…
With coronavirus cases spiking across the country and the U.S. officially in a recession, it’s more important now than ever to make sure you have health insurance to protect yourself and your loved ones. Unfortunately, with millions of Americans left unemployed due to COVID-19-related closures and with many…
Covid-19 has disrupted industries all across the globe, perhaps none more than the Healthcare industry. Hospitals incurred costly preparations for Covid-19 patients and big hits to revenue from reductions in nonurgent care patients. Investors who cannot see past the temporary disruption to HCA Healthcare Inc’s (HCA) operations are…
The numbers of Americans filing for unemployment benefits is staggering. Sadly, these people have not only lost jobs and income, but also their health insurance. If you’re among them, or will be soon, I’d like to offer my sincere condolences and advice on how to get health insurance…
The first electronic health record (EHR) system was developed in 1972 as hospitals started modernizing clinical data management. Back then, the cost to create EHRs is too high, and the process of data entry too inconvenient for physicians for this technology to flourish. However, in the early ‘90s,…
The coronavirus pandemic is exposing a central flaw in America’s health care system. In the early months of 2020, Americans were engaged in the perennial election-year debate over how to best reform the nation’s health care system. As usual, the electorate was torn and confused. Polling indicated that…
