Medical Errors Annually Cost at Least $19.5 Billion Nationwide

Business Insurance No Comments »
Schaumberg, Illinois, August 9, 2010 – Findings from a new study released today estimate that measurable medical errors cost the U.S. economy $19.5 billion in 2008. Commissioned by the Society of Actuaries (SOA) and completed by consultants with Milliman, Inc., the report used claims data to provide an actuarially sound measurement of costs for avoidable medical injuries. Of the approximately $80 billion in costs associated with medical injuries, around 25 percent were the result of avoidable medical errors.
 
Report shows how 1.5 million medical errors compromise quality of American healthcare and cause unnecessary waste in the system
 
“This report highlights a singular opportunity for both improving the overall quality of care and reducing healthcare costs in this country,” says Jim Toole, FSA, CERA, MAAA and managing director of MBA Actuaries, Inc. “Of the $19.5 billion in total costs, approximately $17 billion was the result of providing inpatient, outpatient and prescription drug services to individuals who were affected by medical errors.
While this cost is staggering, it also highlights the need to reduce errors and improve quality and efficiency in American healthcare.”
 
Medical errors are a significant source of lost healthcare funds every year. For

Read more…

Willis Hires Expert for Employee Benefit Captive Arrangements

Business Insurance No Comments »
Boston, August 9, 2010 – Kathleen Waslov has been appointed Senior Vice President and Senior Resource Consultant at Willis, effective immediately. She will be located in Boston and will work jointly with the Captive Consulting and Multinational Employee Benefits Practices, reporting to Les Boughner, Managing Director, Consulting and Captive Management Practice and LeAnne Stefl, Director of Global Client Advocacy – Multinational Employee Benefits.
 
Kathleen’s focus, as an industry expert for Employee Benefit Captive arrangements, will be to work with and advise Willis clients in discussing their options regarding Captives and/or other funding alternatives for Employee benefit programs. 
 
Corporations are increasingly looking at their Captives with respect to global Employee Benefit programs. In light of this, Kathleen’s role will be to lead Willis’ efforts and thought leadership surrounding these opportunities. She has been publicized widely in various trade journals and has been a frequent speaker at major conferences. Kathleen was

Read more…

Sr22 Insurance

Business Insurance No Comments »

Take Alcohol And Drive In Nevada? Think Again | AttorneyMotion.com
… driver license fee, take Department of Motor Vehicle examinations for driving capabilities, information and vision, attend a DUI school for substance abuse treatment and take an SR-22 liability insurance applicable for three years. …  read more…

Low priced auto insurance in chula vista san diego | and Life …
Titan Insurance has SR-22, Home Insurance, Life Insurance. Located @ 1660 Broadyway Ave # 13 Chula Vista Ca, 91911. 619-422-8150. … Low priced auto insurance in chula vista san diego. August 10th, 2010 …  read more…

Dealing with DUI Auto Insurance | Promiga
In addition, most states will require an SR-22 document to be filed with the local Department of Motor Vehicles as a means of providing evidence that DUI motorists are not using their vehicles without sufficient auto insurance coverage …  read more…

From Google Blog Search

Fast And Cheap Car Insurance Is Available Online
Everybody needs auto insurance because it is unlawful to drive a car without it. However, not everyone, especially in these troubled economic times, has the same amount of money to spend on auto insur…  read more…

SR22 & DUI Insurance – Ideal for Reckless Driver
Getting SR22 insurance or high-risk policy is a must for every individual who have a bad driving record. This insurance will also be hel

Read more…

Yacht Crew Insurance Offers Round-the-Globe Protection

Business Insurance No Comments »

As you are well aware, healthcare rules and regulations vary from country to country around the world. You may wonder then how people who work at seas, traveling from international port to international port, assure themselves of insurance coverage. The answer is simple – yacht crew insurance.

With yacht crew insurance, also known as marine crew insurance, workers at sea can obtain high quality health coverage without paying unreasonably high costs. Plans are portable, meaning they will be accepted no matter what country you find yourself in. This is extremely important because you do not want to worry about becoming injured and then not being able to get the medical care you need because your policy is too restrictive.

Another benefit of these plans is that they are comprehensive. There are a variety of ways to become ill or injured at sea, and this type of insurance will protect you in all situations. It’s nice to know you do not have to wait for an emergency to use your plan. Prescriptions, maternity needs, and preventative care may even be included.

Finally, these plans are flexible. You can buy a short term plan, which is ideal for sailors at sea anywhere from 5 days to 2 years. Or you may opt for long term coverage, which is ideal for trips of longer duration, as well as occasions in which crew members return to their home country and then back to the sea frequently. You can purchase these policies on an annual basis and renew them as often as you like. Read more…