Contact Us
Blog
Subscribe to this list via RSS Blog posts tagged in insurance coverage minumums

high deductible, Chicago medical mistake attorneysThanks to recent U.S. policy changes, more people than ever have affordable health care coverage. Unfortunately, that benefit is extremely limited since many are still stuck on high deductible plans, emergency care only plans, or subpar employer-provided insurance. So, even though many Americans are now protected in the event of an emergency, many still do not have the coverage they need to prevent serious illness. Even more concerning is that, despite the changes, many Americans may still lack the coverage they need to catch a serious condition before it gets out of hand.

What High Deductible Plans Can Mean for Your Health

While most healthy individuals do not have to worry too much about their healthcare coverage, anyone can suddenly find themselves in a situation where quality insurance is necessary. Moreover, many Americans are needing regular medical care for conditions like cancer, diabetes, high blood pressure, and heart complications much sooner than previous generations. Unfortunately, most people are less likely to seek treatment when they have high deductible insurance coverage. Or, if they do seek treatment, they may be less likely to probe the doctor further if no immediate cause for their symptoms is found.

...

commercial truck accidents, insurance coverage minimumsCatastrophic crashes with freight or commercial trucks are rare, but when they do happen, the implications can be extensive and long-lasting. Death, lifelong health complications, expensive medical bills, loss of income, and decreased quality of life are just a few examples. Unfortunately, there are some problems with the insurance coverage minimums for freight-liners, and victims are the ones suffering from it.

Current Coverage Minimums Fail to Cover Costs for Victims

In 1985, liability insurance coverage minimums for freight trucks were set at $750,000. That amount has not changed since. This is a serious problem—so serious that a government study examined those minimums and found that, not only are they failing to keep up with the rising cost of medical care, but that, based on inflation, the amount should have been $3.2 million dollars in 2013.

...
To Top