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1/6/2009
Tuesday morning
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Topics taken from open source list. I hope you find this useful.
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| I was thinking of taking out U.S. citizenship myself, but because of
the high cost of Medical insurance, we have put our plans on the
shelf. We have almost free medicare in Canda and even though it is far
from efficient, it is free. |
| LindaM wrote in message
news:3B032C73.AADAB11@nomorespam.com...
This Sundays NY Times Travel Section did an entire column on Travel
Insurances. I would get over to your local library and read it. I dont
remember being impressed with any of them, and the author herself was
unable to collect from one reputable company when her cruise was
canceled. However, the article has done some work for you.
Mike Cordelli wrote:
With the amount of people who travel all the time here, somebody must
know
this (and since there isnt a rec.travel.insurance.inquiry this is as
good
of place as any to ask)
Because American Express is dropping their annual medical coverage for
travel 100 miles or more from your home, its time to find another
policy.
Do any of the travelers here have any experience with the Travelguard
policy, not the dinky silver one, but the Gold or Platinum one,
primarily
for international coverage? The price is about the same as the American
Express on. |
| SMALL BUSINESSES are exempt from COBRA, meaning that they do not offer the
option of medical benefits to an ex-employee. Some companies continue to
offer ex-employees medical benefits by simply not informing the insurance
company of the termination. Be careful, this can backfire. Most small
group medical pans do not allow coverage for ex-employees. |
| For the common person, figure take home pay of $800 per month, an average
house payment or rent of $500 per month, $150 per month for food, $100 per
month for transportation expenses, figure $50 for clothes, medicine, dental
and other medical expenses. Then find the $350 per month for Insurance. |
| The acronym COBRA was brought about by a tax law change that required
employers with more than 25 employees to offer temporary health insurance in
the event of lay-offs and other circumstances that interrupt coverage under
employee benefit plans. It simply means that an ex-employee pays the former
employer in order to continue to stay on the companys medical insurance
plan. You must make this election within 30 days of your job termination by
delivering the appropriate payment for your insurance to the employer.
COBRA ensures that you will have access to continued coverage, but usually
at a higher price than other types of medical insurance. COBRA is meant
only as a temporary solution, not as a permanent medical plan. And,
depending on the specific insurance plan, the COBRA coverage may not be
effective if you move to another residence away from the insurance plans
coverage area. |
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