New drugs and insurance

Sunday, January 11th, 2009

It was so funny today when my sister and I were talking about formulation drugs and not having any idea what they were. I talked a little about them on The Serendipity Effect. Did you know that some insurance companies cover formulation drugs like for hair loss, acne treatments, diet pills and the like. Of course, they also include drugs that are in stage III of the clinical trials. Still, it’s so new to me that insurance carriers cover these types of treatment at all…it will take some getting used to, but I will. In the meantime, I’ve learned a lot today.

Insurance….that nasty-nasty word

Tuesday, October 21st, 2008

I hope that all of you reading this blog take the time to read this website - in full. It talks about the 10 worst insurance companies…which includes State Farm, Allstate, Farmers and AIG.

As most of you know I worked in the insurance industry from health to life to property and casualty for almost 25 years. As I’ve told my friends and family, there are companies that purposely - yes, purposely - delay paying your claim, ‘lose’ important documents and look for reasons not to pay. Many companies pay their claim adjusters bonuses for ‘not’ paying claims.

I know, you’re saying this is illegal. And, you’re right. It’s against your policy contract as well. Read the article today. If you have a claim tomorrow, you’ll thank me. There are more insurance companies than the top 10 listed that are horrible to deal with but at least the big names are in there.

And, if you do have a claim that you’re having a problem with…call me (or e-mail ;-) I’ll help in any way I can.

Divorce…act smart ~ not emotional

Saturday, May 24th, 2008

Divorce is never easy, even when it’s been in the works for years. A friend of mine has been married for 32 years and is now going through the process legally, even though emotionally she went through it years ago. Good for her that she’s talking with a counselor and staying emotionally healthy while she goes through this. Unfortunately, her husband has made some not-so-smart decisions in the past months and now she has to clean up his messes. 

How do I say this in a nice way? People, because you are getting a divorce doesn’t mean you cancel your life insurance! You’re still going to die. You’re still going to need to be buried! You still have your children to think of, unless you want to be a ‘great’ parent and stick them with the bill. Jeeez. As a former insurance broker for more than 20 years, when she told me her husband canceled his life insurance I just about punched-out my LCD monitor. But then, I remembered, the guy wouldn’t feel my anger…so I backed off. 

Thank goodness, life insurance, as well as most other insurance coverage’s, has advanced since I left the business. Now, she can insure herself and her (soon-2-b-x) husband online. She has a good head on her shoulders so I’m sure she’ll do what’s right. Good thing is, now she can do it all from her laptop rather than when I was in the biz. Times, they area a chagin’.

Divorce changes many things. Act smart, not emotional. 

~Diana