The stretched safety net of unemployment insurance

The News Review:

- The stretched safety net of unemployment insurance
- UPDATE 1-Malaysia’s AmBank makes offer for MAA insurance unit
- If you lose your job, keep your health insurance
- One insurance plan cuts out claims clutter

The stretched safety net of unemployment insurance
Toronto Star,  Canada 
People can’t afford to drive any more," he said. As Canadians head into tough times, more and more people will be looking to benefit from Employment Insurance (EI) to help them through the transition. The problem is, critics argue, changes to the federal program over the years mean fewer of them will qualify for help than during the recession in the 1990s and those who do will get much less of it. "A major concern is the lack of coverage," said CUPE economist Toby Sanger, adding that about 40 per cent of unemployed Canadians are covered by EI at any given time. "For those who aren’t covered by it, what do they have to fall back on? Often it’s social assistance, which has been really cut back in a lot of provinces. The social safety net has been much more tattered.

UPDATE 1-Malaysia’s AmBank makes offer for MAA insurance unit
Reuters 
KL: Quote, Profile, Research, Stock Buzz) has made an offer for MAA Holdings’ (MAAS. KL: Quote, Profile, Research, Stock Buzz) general.
Related from Murtoughsupply: Man Barricades Himself In Storage Unit in Sterling

If you lose your job, keep your health insurance
Dallas Morning News, TX 
job losses accelerated in the last two months, pushing the nation’s unemployment rate to a 14-year high in October. As workers lose their jobs, a crucial benefit they must keep is their health insurance. Don’t go without this. It may be tough to pay the premium while you search for a new job, but you’ll really be in a world of hurt if a major illness or accident wipes out what funds you have. “If you think losing your job is a possibility in the next year, start reviewing your employer health care plans now,” said Sam Gibbs, a senior vice president and consumer expert with eHealth Insurance. com, a health insurance information Web site.

One insurance plan cuts out claims clutter
Myrtle Beach Sun News, SC 
Try buying groceries or getting your car serviced and see if you can leave before paying. The cost of health care is up not just because of technology or malpractice insurance, though those things do contribute, but also because the administrative cost of getting a claim paid now accounts for one-third of the office cost. Think about this: Each employer offers his employees a choice of plans, in the case of Horry County, four plans through Blue Cross of South Carolina. Each plan has its own benefit levels, requirements and coverages. comp Custom Badge –>.

Leave a Reply