Showing posts with label cavalcade of risk. Show all posts
Showing posts with label cavalcade of risk. Show all posts
Friday, November 1, 2013
Wednesday, July 24, 2013
Welcome to the 188th Cavalcade of Risk
I am honored to be once again hosting the Cavalcade of Risk, a round up of risk-related posts of all sorts from around the blogosphere.
In reviewing the submissions for this cavalcade, I was struck by their technical and detailed nature. I learned from the posts about the history of health insurance in China, how the MTA in New York City is planning for the next storm surge, and who serves on the Massachusetts Board of Registration in Pharmacy. Thank you to all participants for sharing your wealth of knowledge.
The mechanics of insurance fraud, and of fighting insurance fraud
At the blog "From Bob's Cluttered Desk" Robert Wilson describes in his post "An Engaged Carrier Can Improve Care While Lowering Pharmacy Costs" how a worker's compensation carrier worked together with physicians and state government to reduce prescription drug abuse and save money.
In Employer Fraud is the Wrong Way to Reduce Workers Comp Costs, Michael Stack at the Workers Comp Resource Center states many ways that employers try to cheat the workers compensation system, and what the consequences are of such fraud.
The mechanics of Obamacare . . .
In Delaying the employer mandate has little effect on the ACA, the Colorado Health Insurer Insider discusses the details of the employer mandate under the Affordable Care Act (ie, Obamacare). The post points out that very few employers will be affected by the mandate.
. . . And of health insurance in China
Jason Shafrin of Health Care Economist describes the history of Health Reform in China.
The mechanics of providing funding for storm surge losses
Clare Wilkinson writes in the Terms + Conditions blog about New York MTA in Storm Surge Catastrophe Bond First. The captive insurer of the New York Mass Transit Authority (MTA) has turned to the catastrophe bond market to strengthen its reinsurance protection. The $125 million catastrophe bond will provide MTA with cover solely for storm surge – a first in the history of the catastrophe bond market.
The mechanics of scams, and the mechanics of helping someone who has been scammed
In Scamster Tricks, Hank Stern, the fearless leader of the Cavalcade of Risk, writes at Insureblog about how he (hopefully) saved a woman from being scammed by a fake health insurance agent.
The mechanics of obtaining life insurance despite a preexisting condition
In Life Insurance with Pre-existing Conditions. Jeff Rose at Life Insurance by Jeff states options for you if you have a preexisting condition and want life insurance.
The mechanics of regulating pharmacists
At Health Business Blog David Williams argues in Pharmacy Board Needs a Non-Pharmacist Majority that in light of tainted steroid injections originating in Massachusetts that caused many fatalities, the composition of the Massachusetts Board of Registration in Pharmacy should be changed to include more non-pharmacists.
The mechanics of insurance coverage for flat tires
In Does Car Insurance Cover Tire Damage, Financial Ramblings posts on when auto insurance does and does not cover flat tires.
The host of the next Cavalcade of Risk is R. J. Weiss of Weiss Insurance Agencies.
In reviewing the submissions for this cavalcade, I was struck by their technical and detailed nature. I learned from the posts about the history of health insurance in China, how the MTA in New York City is planning for the next storm surge, and who serves on the Massachusetts Board of Registration in Pharmacy. Thank you to all participants for sharing your wealth of knowledge.
The mechanics of insurance fraud, and of fighting insurance fraud
At the blog "From Bob's Cluttered Desk" Robert Wilson describes in his post "An Engaged Carrier Can Improve Care While Lowering Pharmacy Costs" how a worker's compensation carrier worked together with physicians and state government to reduce prescription drug abuse and save money.
In Employer Fraud is the Wrong Way to Reduce Workers Comp Costs, Michael Stack at the Workers Comp Resource Center states many ways that employers try to cheat the workers compensation system, and what the consequences are of such fraud.
The mechanics of Obamacare . . .
In Delaying the employer mandate has little effect on the ACA, the Colorado Health Insurer Insider discusses the details of the employer mandate under the Affordable Care Act (ie, Obamacare). The post points out that very few employers will be affected by the mandate.
. . . And of health insurance in China
Jason Shafrin of Health Care Economist describes the history of Health Reform in China.
The mechanics of providing funding for storm surge losses
Clare Wilkinson writes in the Terms + Conditions blog about New York MTA in Storm Surge Catastrophe Bond First. The captive insurer of the New York Mass Transit Authority (MTA) has turned to the catastrophe bond market to strengthen its reinsurance protection. The $125 million catastrophe bond will provide MTA with cover solely for storm surge – a first in the history of the catastrophe bond market.
The mechanics of scams, and the mechanics of helping someone who has been scammed
In Scamster Tricks, Hank Stern, the fearless leader of the Cavalcade of Risk, writes at Insureblog about how he (hopefully) saved a woman from being scammed by a fake health insurance agent.
The mechanics of obtaining life insurance despite a preexisting condition
In Life Insurance with Pre-existing Conditions. Jeff Rose at Life Insurance by Jeff states options for you if you have a preexisting condition and want life insurance.
The mechanics of regulating pharmacists
At Health Business Blog David Williams argues in Pharmacy Board Needs a Non-Pharmacist Majority that in light of tainted steroid injections originating in Massachusetts that caused many fatalities, the composition of the Massachusetts Board of Registration in Pharmacy should be changed to include more non-pharmacists.
The mechanics of insurance coverage for flat tires
In Does Car Insurance Cover Tire Damage, Financial Ramblings posts on when auto insurance does and does not cover flat tires.
The host of the next Cavalcade of Risk is R. J. Weiss of Weiss Insurance Agencies.
Monday, June 3, 2013
Monday, March 11, 2013
Wednesday, January 9, 2013
Welcome to the 174th Cavalcade of Risk
I am honored to be once again hosting the Cavalcade of Risk, a roundup of risk posts from around the blogosphere.
I'm nicknaming this cavalcade the Cavalcade of Risk of Risk, in honor the many posts that discuss how an obvious risk (drunk-driving, getting sick) leads to a different sort of risk (personal financial disaster; having your medical records kidnapped.)
Risks from healthcare
Risks to life from holding it in
Fearless leader of the Cavalcade of Risk Hank Stern posts at InsureBlog that failure to express anger "can have serious repercussions for a person's physical and mental wellbeing."
Financial risk from drunk driving
Emily Guy Birken writes at PTMoney about the cost of an arrest and prosecution for drunk-driving.
I'm nicknaming this cavalcade the Cavalcade of Risk of Risk, in honor the many posts that discuss how an obvious risk (drunk-driving, getting sick) leads to a different sort of risk (personal financial disaster; having your medical records kidnapped.)
Risks from healthcare
You’re probably aware of the risks of identity theft, but were you aware that medical ID theft is a crime that’s on the rise? That medical records have been held for ransom? Julie Ferguson of Workers’ Comp Insider offers insight in her post “Storm Clouds Ahead: Hackers, Healthcare Data and Medical ID Theft”
Risks to life insurance rates from asthma
Jeff Root posts at Root Financial & Insurance Services about how asthma may or may not affect life insurance rates.
Risks to life insurance rates from asthma
Jeff Root posts at Root Financial & Insurance Services about how asthma may or may not affect life insurance rates.
Risks to life from holding it in
Fearless leader of the Cavalcade of Risk Hank Stern posts at InsureBlog that failure to express anger "can have serious repercussions for a person's physical and mental wellbeing."
Financial risk from drunk driving
Emily Guy Birken writes at PTMoney about the cost of an arrest and prosecution for drunk-driving.
Risks from workplace injuries
At the Workers Comp Resource Center, Michael Stack provides five tips for avoiding or minimizing injuries and, thus, avoiding or minimizing workers compensation claims.
Risks from natural disasters
At Risk Management Monitor, Emily Holbrook posts about the largest natural hazard risks of 2012. She concludes, "As we’ve seen with the natural catastrophes of 2012, it is important for insurers, homeowners and businesses to develop a more comprehensive evaluation of risk — one that includes typically non-traditional locations."
Risks of misdirected risk prevention
David Williams at Healthcare Economist has a promising title to his blog post, "Mental health access is no substitute for gun control." He points out that two of the recent mass shooters had good access to mental health treatment. But he doesn't go to the next step in his article: Improving mental health treatment in this country, while an admirable goal, will not go as far in improving safety as improving gun control will.
Risk of risk management not working
In the most surprising post of the day, Jason Shifrin writes at Healthcare Economist that disease management programs don't work. He discusses a study showing that states that have implemented diabetic disease management programs do not have lower rates of hospital admissions than states that do not have such a program. I'm not looking at the source material or analyzing the statistics; suffice it to say that I remain lazy but skeptical.
Managing the risk of not being able to afford health insurance
Rather than pointing out that Obamacare will make affordable health insurance available to many people of limited resources, at Christian Personal Finance Joe Plemon lists alternative methods of obtaining insurance. One option he discusses is religious-based organizations that pool resources for health care. As I wrote here, the concept behind those organizations is insurance at its most basic.
Thanks everyone. Julie Ferguson at Worker's Comp Insider hosts the next Cavalcade of Risk.
At the Workers Comp Resource Center, Michael Stack provides five tips for avoiding or minimizing injuries and, thus, avoiding or minimizing workers compensation claims.
Risks from natural disasters
At Risk Management Monitor, Emily Holbrook posts about the largest natural hazard risks of 2012. She concludes, "As we’ve seen with the natural catastrophes of 2012, it is important for insurers, homeowners and businesses to develop a more comprehensive evaluation of risk — one that includes typically non-traditional locations."
Risks of misdirected risk prevention
David Williams at Healthcare Economist has a promising title to his blog post, "Mental health access is no substitute for gun control." He points out that two of the recent mass shooters had good access to mental health treatment. But he doesn't go to the next step in his article: Improving mental health treatment in this country, while an admirable goal, will not go as far in improving safety as improving gun control will.
Risk of risk management not working
In the most surprising post of the day, Jason Shifrin writes at Healthcare Economist that disease management programs don't work. He discusses a study showing that states that have implemented diabetic disease management programs do not have lower rates of hospital admissions than states that do not have such a program. I'm not looking at the source material or analyzing the statistics; suffice it to say that I remain lazy but skeptical.
Managing the risk of not being able to afford health insurance
Rather than pointing out that Obamacare will make affordable health insurance available to many people of limited resources, at Christian Personal Finance Joe Plemon lists alternative methods of obtaining insurance. One option he discusses is religious-based organizations that pool resources for health care. As I wrote here, the concept behind those organizations is insurance at its most basic.
Thanks everyone. Julie Ferguson at Worker's Comp Insider hosts the next Cavalcade of Risk.
Monday, November 5, 2012
Monday, October 22, 2012
New Cavalcade of Risk is up
For a roundup of risk-related blog posts from around the web, take a look here. Special thanks to My Personal Finance Journey for including my post on insurance as a kind of tax as one of the top three posts for this Cavalcade.
Wednesday, May 30, 2012
Welcome back to the Cavalcade of Risk!
I am once again honored to be hosting the Cavalcade of Risk, a gathering of blog posts about various types of risk from around the web.
Life insurance
Russell Hutchinson at Chatswood Consulting has asked insurance companies to come up with old stock brochures and advertisements. In this post, check out the print ad “Could father be mother too?” as an insurer of yesterday tried to plug into the fears of at-home mums. While the mother's schedule speaks to a mythical past devoid of personal ambition or Valium, an updated version of the ad could work today. An occupational hazard for me as an attorney is that I am often confronted with the worst happening to others. As a result I make sure I have enough life insurance that if the worst happens in my family there will be enough money not just to make up for lost income, but for babysitters, housekeepers, and all the other sundry employees that would be necessary to make up for the things we do for our kids other than provide income to our family.
Personal risk
My Wealth Builder posts about a choice to treat high cholesterol with diet and exercise rather than drugs.
Perhaps he should try a coffee diet? Hank Stern at InsureBlog discusses a study showing that coffee drinkers live longer.
Free Money Finance offers advice on insurance and related topics. While much of the post is solid, I disagree with the advice about wills. If you care what will happen to your estate or if you want to prevent a big hassle for your closest relatives you should have a will, and you should have an attorney draft it.
Modest Money issues a reminder not to post personal information in blogs, as such posts can put you at risk for identity theft.
Investing
Here's a post for those of you who are already saving for retirement on a level that shows you’ll reach a comfortable amount of income-producing savings by the time you retire and do a good job of saving for holiday gifts, a vacation or two, and a new car every five years, and are saving for college for your kids, and have adequate insurance. For those of you who are still with us who are somehow nevertheless confused about how to save money, PT Money writes about strategies for long-term non-retirements savings.
At Risk Management Monitor, Emily Holbrook writes about The Good, The Bad, and The Ugly of the Facebook IPO.
The Financial Industry
Van Mayhall, at Insurance Regulatory Law, discusses arguments that credit default swaps are insurance transactions that should be regulated as such, and that “deregulation” of credit default swaps was a major cause of the financial crisis in the late 2000s.
Health Insurance
Jason Shifrin at Healthcare Economist writes in his post, "Heroes without Health Insurance" about about the sad phenomenon of U.S. veterans without health insurance.
Jay Norris at Colorado Health Insurance Insider writes about How Individual Health Insurance Measures Up. He writes that in Colorado the average premium for group coverage for a family in Colorado in 2010 was almost three times the national average for family coverage purchased in the individual market. He points out that the significant chunk of the premiums usually paid by the employer is not free money. If health insurance were less expensive, employee wages would likely be higher – the money has to come from somewhere, whether it’s paid directly from the employee in the form of payroll deduction, or by the employer. But people paying for their own insurance often gravitate towards lower-cost policies with higher out-of-pocket exposure in an effort to keep the premiums as low as possible.
While Jay points out the danger of low premium, high deductible plans, in my experience those plans can be excellent for someone who is aware of the risk. I had one of those plans for my family for a while. It cost a quarter of my current plan -- the cheapest legal plan now available in Massachusetts, which costs more than my mortgage -- and covered basically nothing under the first $10,000 of health care costs in a year. It worked for us because in Massachusetts we have had a law since the 1980's that people can switch health plans at will, regardless of preexisting conditions. That meant that we could accept the risk of a tragic sudden event -- a car accident requiring emergency room treatment, for example -- because we could switch to a regular plan with just a few days notice. We switched when my daughter needed to get her tonsils out, and then couldn't go back to our high deductible plan because the plan is no longer legal here.
Jaan Sidorov at Disease Management Care Blog describes some problematic similarities between Facebook and Accountable Care Organizations and asks if either entity has a business model that is built to last.
That's our carnival. The next one will be hosted by My Wealth Builder.
Life insurance
Russell Hutchinson at Chatswood Consulting has asked insurance companies to come up with old stock brochures and advertisements. In this post, check out the print ad “Could father be mother too?” as an insurer of yesterday tried to plug into the fears of at-home mums. While the mother's schedule speaks to a mythical past devoid of personal ambition or Valium, an updated version of the ad could work today. An occupational hazard for me as an attorney is that I am often confronted with the worst happening to others. As a result I make sure I have enough life insurance that if the worst happens in my family there will be enough money not just to make up for lost income, but for babysitters, housekeepers, and all the other sundry employees that would be necessary to make up for the things we do for our kids other than provide income to our family.
Personal risk
My Wealth Builder posts about a choice to treat high cholesterol with diet and exercise rather than drugs.
Perhaps he should try a coffee diet? Hank Stern at InsureBlog discusses a study showing that coffee drinkers live longer.
Free Money Finance offers advice on insurance and related topics. While much of the post is solid, I disagree with the advice about wills. If you care what will happen to your estate or if you want to prevent a big hassle for your closest relatives you should have a will, and you should have an attorney draft it.
Modest Money issues a reminder not to post personal information in blogs, as such posts can put you at risk for identity theft.
Investing
Here's a post for those of you who are already saving for retirement on a level that shows you’ll reach a comfortable amount of income-producing savings by the time you retire and do a good job of saving for holiday gifts, a vacation or two, and a new car every five years, and are saving for college for your kids, and have adequate insurance. For those of you who are still with us who are somehow nevertheless confused about how to save money, PT Money writes about strategies for long-term non-retirements savings.
At Risk Management Monitor, Emily Holbrook writes about The Good, The Bad, and The Ugly of the Facebook IPO.
The Financial Industry
Van Mayhall, at Insurance Regulatory Law, discusses arguments that credit default swaps are insurance transactions that should be regulated as such, and that “deregulation” of credit default swaps was a major cause of the financial crisis in the late 2000s.
Health Insurance
Jason Shifrin at Healthcare Economist writes in his post, "Heroes without Health Insurance" about about the sad phenomenon of U.S. veterans without health insurance.
Jay Norris at Colorado Health Insurance Insider writes about How Individual Health Insurance Measures Up. He writes that in Colorado the average premium for group coverage for a family in Colorado in 2010 was almost three times the national average for family coverage purchased in the individual market. He points out that the significant chunk of the premiums usually paid by the employer is not free money. If health insurance were less expensive, employee wages would likely be higher – the money has to come from somewhere, whether it’s paid directly from the employee in the form of payroll deduction, or by the employer. But people paying for their own insurance often gravitate towards lower-cost policies with higher out-of-pocket exposure in an effort to keep the premiums as low as possible.
While Jay points out the danger of low premium, high deductible plans, in my experience those plans can be excellent for someone who is aware of the risk. I had one of those plans for my family for a while. It cost a quarter of my current plan -- the cheapest legal plan now available in Massachusetts, which costs more than my mortgage -- and covered basically nothing under the first $10,000 of health care costs in a year. It worked for us because in Massachusetts we have had a law since the 1980's that people can switch health plans at will, regardless of preexisting conditions. That meant that we could accept the risk of a tragic sudden event -- a car accident requiring emergency room treatment, for example -- because we could switch to a regular plan with just a few days notice. We switched when my daughter needed to get her tonsils out, and then couldn't go back to our high deductible plan because the plan is no longer legal here.
Jaan Sidorov at Disease Management Care Blog describes some problematic similarities between Facebook and Accountable Care Organizations and asks if either entity has a business model that is built to last.
That's our carnival. The next one will be hosted by My Wealth Builder.
Monday, December 5, 2011
Cavalcade of Risk #145 is up
Take a look here for an excellent compilation of blog posts about risk.
Wednesday, August 24, 2011
Welcome to the Cavalcade of Risk!
Welcome to the Cavalcade of Risk. This is the 138th time that the Cavalcade of Risk has gathered blog postings from around the web on topics relating to risk.
The submissions to this Cavalcade were across-the-board thoughtful and informative. I've put them in order from the most general risk (for example, world-wide collapse) to most personal risk (for example, your own insurance rates going up).
The global risk of too much investment diversification:
Jason Shafrin goes against conventional wisdom and argues that on the large scale investment diversification increases risk: When does diversification Increase Risk posted at Healthcare Economist.
The risk from too few women in power at insurance companies and elsewhere:
At Risk Management Monitor, Morgan O'Rourke presents an excerpt of an interview with Bermuda Premier Paula A. Cox, Bermuda Premier Paula A. Cox on the Lack of Women Leaders in insurance and government. Although the article does not address insurance issues per se, it contains a link to a more comprehensive piece in which Cox talks about Bermuda's efforts to retain captive and reinsurance business and the effect of the many recent natural catastrophes on Bermuda's insurance industry.
The risk from insurers failing to recognize improvements in healthcare technology:
Jaan Sidorov at Disease Management Care Blog writes about "Software Eating the World of Healtcare." He reflects on the implications of a software-based health care world. It sounds pretty good to me.
The risk to disability and other insurers from failing to recognize changes in demographics:
Russell Hutchinson presents Insuring Older Lives: It's about employment, pricing, and claims management posted at Chatswood Consulting Moneyblog.
Hutchinson considers the termination age of 65 for a number of insurance benefits to be too young in the light of continuous improvements in mortality and an increasing number of people working past age 65. He considers other ways insurers could design the product termination.
The risks that have caused rising worker's comp insurance rates and what business owners can do to keep their own rates down:
Nancy Germond has a comprehensive post on why worker's comp rates are rising, and how business-owners can keep their costs down: Are work comp costs eating your lunch? posted At Risk Management for the 21st Century.
The risk to mental health workers of inadequate workplace protections:
Julie Ferguson presents Inadequate: Protections for mental health workers posted at Workers' Comp Insider.
The risk of your auto insurance premiums increasing as a result of accidents that may or may not be your fault.
On Dough Roller there's a very informative post on How Do Points Affect Your Auto Insurance Rate? The article points out the wide variation from one state to another about how both at-fault and not-at-fault accidents can hike your rates.
The risk of assuming you don't have insurance coverage
Free Money Finance posts Your Insurance May Cover More than You Think It Does. The moral of this post: Don't assume your insurance doesn't cover a specific loss. If the cost is high enough, it's worth asking if the company will pay.
The risk of having a really bad day
And, finally, ending with a smile, my favorite post of this Cavalcade: Henry Stern, LUTCF, CBC presents Why you need disability insurance posted at InsureBlog.
The next Cavalcade of Risk will be hosted by Emily Holbrook at Risk Management Monitor.
The submissions to this Cavalcade were across-the-board thoughtful and informative. I've put them in order from the most general risk (for example, world-wide collapse) to most personal risk (for example, your own insurance rates going up).
The global risk of too much investment diversification:
Jason Shafrin goes against conventional wisdom and argues that on the large scale investment diversification increases risk: When does diversification Increase Risk posted at Healthcare Economist.
The risk from too few women in power at insurance companies and elsewhere:
At Risk Management Monitor, Morgan O'Rourke presents an excerpt of an interview with Bermuda Premier Paula A. Cox, Bermuda Premier Paula A. Cox on the Lack of Women Leaders in insurance and government. Although the article does not address insurance issues per se, it contains a link to a more comprehensive piece in which Cox talks about Bermuda's efforts to retain captive and reinsurance business and the effect of the many recent natural catastrophes on Bermuda's insurance industry.
The risk from insurers failing to recognize improvements in healthcare technology:
Jaan Sidorov at Disease Management Care Blog writes about "Software Eating the World of Healtcare." He reflects on the implications of a software-based health care world. It sounds pretty good to me.
The risk to disability and other insurers from failing to recognize changes in demographics:
Russell Hutchinson presents Insuring Older Lives: It's about employment, pricing, and claims management posted at Chatswood Consulting Moneyblog.
Hutchinson considers the termination age of 65 for a number of insurance benefits to be too young in the light of continuous improvements in mortality and an increasing number of people working past age 65. He considers other ways insurers could design the product termination.
The risks that have caused rising worker's comp insurance rates and what business owners can do to keep their own rates down:
Nancy Germond has a comprehensive post on why worker's comp rates are rising, and how business-owners can keep their costs down: Are work comp costs eating your lunch? posted At Risk Management for the 21st Century.
The risk to mental health workers of inadequate workplace protections:
Julie Ferguson presents Inadequate: Protections for mental health workers posted at Workers' Comp Insider.
The risk of your auto insurance premiums increasing as a result of accidents that may or may not be your fault.
On Dough Roller there's a very informative post on How Do Points Affect Your Auto Insurance Rate? The article points out the wide variation from one state to another about how both at-fault and not-at-fault accidents can hike your rates.
The risk of assuming you don't have insurance coverage
Free Money Finance posts Your Insurance May Cover More than You Think It Does. The moral of this post: Don't assume your insurance doesn't cover a specific loss. If the cost is high enough, it's worth asking if the company will pay.
The risk of having a really bad day
And, finally, ending with a smile, my favorite post of this Cavalcade: Henry Stern, LUTCF, CBC presents Why you need disability insurance posted at InsureBlog.
The next Cavalcade of Risk will be hosted by Emily Holbrook at Risk Management Monitor.
Thursday, June 2, 2011
Take a look at the new Cavalcade of Risk
You can find it here.
For newbies, the Cavalcade of Risk rotates among insurance and other risk blogs, and provides links to blog posts on those topics.
For newbies, the Cavalcade of Risk rotates among insurance and other risk blogs, and provides links to blog posts on those topics.
Tuesday, February 22, 2011
New Cavalcade of Risk
A little late, but here's the the most recent Cavalcade of Risk, in which Jaan Sidorov in his Disease Management Care Blog links to a number of interesting posts on various blogs about various aspects of risk.
Jaan linked to my post on why gun insurance won't work.
I pointed out in that post that liability insurance by its nature cannot provide coverage for intentional acts. Jaan responded:
While it's true that health insurance provides coverage for lung cancer for smokers and carpal tunnel syndrome for people who play too many computer games, that's not quite the right analogy. Liability insurance does generally provide coverage for harm incurred from risky behavior. There is no exclusion from motor vehicle coverage if the insured is speeding or from medical malpractice insurance if the doctor has scheduled more operations in a day than can be considered optimally safe.
The true analogy would be health insurance for a suicide attempt, which is intentional harm to oneself, not just the losing side of a risk. But then one gets into a semantic discussion: did the insured intend to become depressed or mentally ill? It's interesting to note that life insurance generally excludes coverage for suicide.
In any event, one must be careful not to analogize too much between medical insurance and liability insurance, mostly because I just don't know all that much about medical insurance.
Jaan linked to my post on why gun insurance won't work.
I pointed out in that post that liability insurance by its nature cannot provide coverage for intentional acts. Jaan responded:
Yet, thinks the DMCB, health insurance covers intentional injuries and what about the person who knowingly continues with a lifestyle that is harmful.....?
While it's true that health insurance provides coverage for lung cancer for smokers and carpal tunnel syndrome for people who play too many computer games, that's not quite the right analogy. Liability insurance does generally provide coverage for harm incurred from risky behavior. There is no exclusion from motor vehicle coverage if the insured is speeding or from medical malpractice insurance if the doctor has scheduled more operations in a day than can be considered optimally safe.
The true analogy would be health insurance for a suicide attempt, which is intentional harm to oneself, not just the losing side of a risk. But then one gets into a semantic discussion: did the insured intend to become depressed or mentally ill? It's interesting to note that life insurance generally excludes coverage for suicide.
In any event, one must be careful not to analogize too much between medical insurance and liability insurance, mostly because I just don't know all that much about medical insurance.
Wednesday, December 1, 2010
Welcome to the Cavalcade of Risk
I am honored to be hosting the Cavalcade of Risk, a blog carnival dedicated to all types of risk.
Liability insurance posts:
Tred Eyerly discusses a new case from Washington state about one of my favorite topics: triggers of coverage for a long-tail loss. The case he discusses held that coverage for water infiltration was triggered when the damages manifested: Policy Language Restricts Ongoing Damage to One Occurrence posted at Insurance Law Hawaii.
Posts about keeping personal documents safe:
Miranda Marquit at Moolanomy posts about keeping personal identification documents safe.
Edward Webber discusses obtaining and keeping safe a UTR, or Unique Taxpayer Reference number (I assume this is the same as a TIN, or taxpayer identification number): UTR Numbers For the Self Employed posted at UTR.org.uk.
Financial posts:
Free Money Finance writes about protecting your job and money against the possibility of being laid off: Career Insurance: Insuring Your Most Valuable Asset posted at Free Money Finance.
Health Insurance posts:
Freefrombroke posts about reimbursement for over-the-counter medication.
Hank Stern argues that medical insurers should not cover birth control: Medical Necessity vs (Stupid) Mandates posted at InsureBlog. Although I completely disagree with his post I include it here as a courtesy because Hank runs the Cavalcade of Risk. And because, unlike the last three posts I've considered for this Cavalcade, his post prsents information and a point of view rather than an advertisement. (Sometimes I think I would like to have a separate blog that discusses only medical insurance issues. Not, like my regular blog, having anything to do with what I do for a living or can write knowledgeably about. Just the trials and travails of my family dealing with health insurance when my husband and I are both self-employed and over-income for any government help. I'm sure there would be a post in that imaginary blog about how all health insurance plans should fully cover everything that helps society as a whole--such as birth control, Hank!)
Jaan Sidorov notes the consistency between the Genetic Information Non Discrimination Act (GINA – or the law that keeps insurers from collecting genetic information) and the recent Transportation Security Administration kerfuffle. In his estimation, our national distaste for profiling leads to everyone being treated equally badly: Can't Trust Health Insurers or Government With Private Data: The Irony of the Genetic Information Non-Discrimination Act & Airport Security Pat Downs
David Williams discusses how Google makes money from free healthcare sites: The downside of free health care sites posted at Health Business Blog.
Life Insurance posts:
Silicon Valley Blogger writes about the different types of life insurance policies: Comparing Whole Life Insurance vs Term Life Insurance posted at The Digerati Life.
Random posts
Jason Shafrin at HealthCare Economists discusses The Drunkard's Walk, a book about randomness and, oh yeah, the price of car insurance. The Drunkard?s Walk posted at Healthcare Economist. Snark alert: If you get irritated when someone says "two categories" and then lists three categories, skip this post.
Liability insurance posts:
Tred Eyerly discusses a new case from Washington state about one of my favorite topics: triggers of coverage for a long-tail loss. The case he discusses held that coverage for water infiltration was triggered when the damages manifested: Policy Language Restricts Ongoing Damage to One Occurrence posted at Insurance Law Hawaii.
Posts about keeping personal documents safe:
Miranda Marquit at Moolanomy posts about keeping personal identification documents safe.
Edward Webber discusses obtaining and keeping safe a UTR, or Unique Taxpayer Reference number (I assume this is the same as a TIN, or taxpayer identification number): UTR Numbers For the Self Employed posted at UTR.org.uk.
Financial posts:
Free Money Finance writes about protecting your job and money against the possibility of being laid off: Career Insurance: Insuring Your Most Valuable Asset posted at Free Money Finance.
Health Insurance posts:
Freefrombroke posts about reimbursement for over-the-counter medication.
Hank Stern argues that medical insurers should not cover birth control: Medical Necessity vs (Stupid) Mandates posted at InsureBlog. Although I completely disagree with his post I include it here as a courtesy because Hank runs the Cavalcade of Risk. And because, unlike the last three posts I've considered for this Cavalcade, his post prsents information and a point of view rather than an advertisement. (Sometimes I think I would like to have a separate blog that discusses only medical insurance issues. Not, like my regular blog, having anything to do with what I do for a living or can write knowledgeably about. Just the trials and travails of my family dealing with health insurance when my husband and I are both self-employed and over-income for any government help. I'm sure there would be a post in that imaginary blog about how all health insurance plans should fully cover everything that helps society as a whole--such as birth control, Hank!)
Jaan Sidorov notes the consistency between the Genetic Information Non Discrimination Act (GINA – or the law that keeps insurers from collecting genetic information) and the recent Transportation Security Administration kerfuffle. In his estimation, our national distaste for profiling leads to everyone being treated equally badly: Can't Trust Health Insurers or Government With Private Data: The Irony of the Genetic Information Non-Discrimination Act & Airport Security Pat Downs
David Williams discusses how Google makes money from free healthcare sites: The downside of free health care sites posted at Health Business Blog.
Life Insurance posts:
Silicon Valley Blogger writes about the different types of life insurance policies: Comparing Whole Life Insurance vs Term Life Insurance posted at The Digerati Life.
Random posts
Jason Shafrin at HealthCare Economists discusses The Drunkard's Walk, a book about randomness and, oh yeah, the price of car insurance. The Drunkard?s Walk posted at Healthcare Economist. Snark alert: If you get irritated when someone says "two categories" and then lists three categories, skip this post.
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