 Car insurance? |
| i cancelled my car insurance which i pay by installments i paid £75 at the beginnning and monthly premiums of £67 i cancelled the other day and on the phone they said i might have to pay a ... |
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 Anyone know if pregnancy is considered a pre existing condition according to NH health insurance companies? |
| My friend's sister is 8 months pregnant and has no had prenatal care. Her new job is telling her the health insurance did kick in but that the pregnancy and delivery won't be covered. I ... |
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 Is there a list of the top Life Insurance companies? |
| Doing research into which life insurance companies are good to work with. Is there a list of the top or best ones?... |
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 Do all car insurances check your credit? |
| Is there anyway you can still get car insurance if you have bad or no credit? Which insurance agencies are more leanient?... |
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 Would you please answer my questionnaire through e-mail? |
| I am management student, I am conducting survey on subject: 'Why do people hesitate to buy life insurance policy' Please answer my brief questionnaire which I will send you through e-mail . ... |
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 Home Insurance Claim - leak three months ago, is it too late too claim? |
does anyone know whether I could make a claim for water damage to my kitchen which occured approx three months ago-or is it too late?
We didnt think to put in a claim at the time (water ... |
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 How much homeowner's insurance do I need? |
| I am purchasing a peice of property and a modular home that is not new, it is maybe 10 years old. I am doing the whole owner finance/contract for deed deal so I am having to pay 120,000 for the ... |
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 Medicare Part A and B question? |
| This is a question for my mother. She will be entitled to Medicare part A and B this November. Supplements that we looked into are not good for her because she has cancer at age 57 and the ... |
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 Would you buy a book that educates people about insurance contracts? |
| If there was a short and understandable book available, would you pay anything for it?... |
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 How can one avoid paying flood insurance? |
| Suppose your bank makes you buy flood insurance, but you don't want to pay the extra thousands of dollars?... |
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 Insurance or just get glasses without insurance? |
| what is cheaper? i am the only one in my family who might have to get glasses. i want to get glasses, contacts, and colored contacts.... |
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 Can someone get life insurance on you w/out you knowing about it? |
| Like if your partner took a life insurance policy on you, paid it but, w/out you knowing you even have it.... |
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 Refused health insurance!? |
My mom has a friend that has serious medical conditions.She recently got a check up and they told her she needs to go through surgery.
She's a U.S citizen! 30 yrs. old and they have refused ... |
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 Under what circumstances will homeowners insurance generally pay for a new roof? |
| I would like to know under what circumstances , if any, will homeowners insurance pay for a new roof? We have friends that told us a roofer looked at theirs a few years ago and said it had hail ... |
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Jenny L | Will recession affect Blue Cross Blue Shield or any other insurance company? |
I have a job offer at Blue Cross Blue Shield, I am currently working for some other company, I was looking for another job coz I think my current job is a dead end type. But since it's recession, do you think I should move on to Blue Shield...I mean, how secure will I be there? |
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mbrcatz
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Very secure. Way, secure.
The only effect that recession has on insurance companies, is that the rates will go up.
See, insurance companies make most of their money from their investments - the RESERVES. They use a lot of that to subsidize claim payouts, and keep the rates lower for the customers. When the market goes down, the investment income goes down, so there's less money to subsidize rates, and premiums go up.
The average health insurance company pays out $.99 in claims for every $1 they take in. Administrative expenses - like your potential salary - are paid out of reserve income.
No worry. You'll be as secure there as anywhere - people will KEEP buying health insurance. |
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Ed Atun
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Yes. They have much of their money tied up in the stock market. If those stocks go down, Blue Cross has less operating capital. Blue Cross will not tell you what stocks it holds. A lot is riding on the stock market right now.. |
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MSAD
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No one can tell you for sure.
But health insurance is something many people have and many people use.
Insurance companies are also regulated by the state (Department of Insurance) and have very strict financial guidelines. It was the investment arm of AIG that got into trouble - the insurance company was fine.
In general - insurance companies are usually pretty stable. I can't tell you anything specific about BCBS. But they probably have a pretty great employee health plan as part of their benefits. |
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Ericka
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I heard from a BCBS MN employee that they have been operating in the red for a few years now, it could be different in other states. I work for an HMO and we are doing great. I don't think the recession will cause much of a dip in people getting insurance and even if we were to move to a drastic universal healthcare system there will still need to be insurance companies to administer those plans. Ask the department you're looking at how often they have turnover and if they see any downsizing of that area in the future. |
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Insurance Pickle.com
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Which BlueCross...there's bunches of them and they're all different. |
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