| NYC Business Group

Health record access soon may be as easy as using Uber

Is getting your health records finally about to become as easy as booking an Uber? The Obama administration on Monday night announced a new agreement with major hospital systems and leading electronic health record vendors to make it easier for patients to access those digital records, reduce barriers to sharing the information between health providers, and standardize technology that would better allow communication across the platforms containing patient data. The agreement involves vendors…

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| NYC Business Group

Proof Needed to Enroll in Health Plan Post-Deadline

WASHINGTON — People who want to buy health insurance in the federal marketplace outside the annual open enrollment period will now have to provide documents to show they are eligible, the Obama administration announced on Wednesday. In the last two years, insurers say, many people went without coverage and then signed up under the Affordable Care Act when they became sick and needed care. Insurers say that people who sign up after the deadline tend to generate more claims and more costs,…

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| NYC Business Group

5 Tips for choosing a Protection Plan

Protection plans are low-cost insurance plans that provide full protection and financial stability to your family in case of any unforeseen events. Before choosing any insurance plan, you need to carefully assess your needs and requirements. Here are 5 simple steps will help you take the right decision.

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| NYC Business Group

For Auto insurers, the rate is there but where’s the profit?

Much like we’ve observed in the Homeowners’ market, Personal Auto in general has been seeing steady rate increases. However, while Homeowners is expected to achieve its third consecutive year of underwriting profits in 2015, Personal Auto has stubbornly remained at a combined ratio of just over 100 during that time.

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| NYC Business Group

10 Things You Absolutely Need To Know About Life Insurance

Life insurance is one of the pillars of personal finance, deserving of consideration by every household. I’d even go so far as to say it’s vital for most. Yet, despite its nearly universal applicability, there remains a great deal of confusion, and even skepticism, regarding life insurance. Perhaps this is due to life insurance’s complexity, the posture of those who sell it or merely our preference for avoiding the topic of our own demise. But armed with the proper information, you can…

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