Parliament Ratifies USD 308 Million Japanese Loan for Universal Health Insurance
The Egyptian House of Representatives ratified a JPY 44 billion (USD 308 million, EGP 9.5 billion) loan agreement with the Japanese International Cooperation Agency (JICA) on 21 June to help fund Egypt’s universal health insurance program.
The loan will complete its disbursement by July 2024 and be repaid over 15 years at 0.01 percent interest.
The agreement was signed on 27 March by Minister of Finance Mohamed Maait.
“Egypt has been working to introduce the Universal Health Insurance System since 2018; however, it faces certain challenges such as…
florida health insurance exchange
Things HNWIs Should Check Before a Health Insurance Purchase
The High Net Worth Individuals (HNWIs) are known for keeping a portfolio of diverse insurance purchases. While many of us take for granted the utility of insurance, these individuals, in particular, will continue to explore better opportunities where they can get the most out of these policies. why? Because they understand the risks and want to avoid experiencing the aftershocks of the same. One such insurance policy they would run to purchase at first instance is health insurance.
Now, what policy you purchase depends on what antecedents you have and what your requirements are. In case you are an HNWI…
Can You Prevent a Whistleblower Lawsuit?
When a whistleblower suit is brought against a company or practice, there are usually many warnings that were ignored or not dealt with appropriately. Many times, wrongdoings are brought to light internally first and properly addressing concerns can prevent a lawsuit.
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Often, the employee who becomes the whistleblower tries to raise the issue internally before going outside the company.
There are also fears of retaliation by many whistleblowers. Fear of retaliation…
Desjardins’ income falls 24 per cent in the first quarter
For the quarter ended March 31, Desjardins Group recorded surplus earnings before member dividends of $342 million.
This represents a decrease of $109 million compared to the same period in 2022, when surplus earnings were $451 million. The 2022 amount was adjusted, leading to a 24 per cent downturn over a 12-month period.
Data for the first quarter of 2022 have been adjusted, as for all insurers, to reflect changes to IFRS accounting standards. Comparison with the previous year must be done with caution, the cooperative points out.
Property and casualty insurance
In P&C insurance, Desjardins posted a net deficit…
20 American Cities With the Highest Uninsured Rates
In this article, we discuss the 20 American cities with the highest uninsured rates. To skip the details about the causes of rising uninsured rates and analysis of healthcare in the US, go directly to 5 American Cities With the Highest Uninsured Rates.
The US is one of the most medically advanced countries in the world. Yet the country is notorious for high healthcare costs. While a major chunk of the population in the US remains uninsured for healthcare, the trend is changing and more and more people are coming to the health insurance net.
In September 2022, The US…
Are You Prepared for an Audit?
The Federal Government is constantly auditing healthcare entities. A recent Michigan settlement resulted in prison time and a hefty repayment for violations of the False Claims Act.
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If your compliance plan needs to be updated, now is the time.
You want to make sure that your practice is protected so that you are not faced with a similar situation as a vascular surgeon from Bay City, Michigan.
A vascular surgeon was…
How do Americans in France register for public health insurance?
Reader question: How does an American apply for health insurance when moving to France?
As a resident of France, having health insurance, either private or public, is mandatory.
If you are employed by a French company and pay social contributions, you will automatically be eligible for (public) health insurance even if your social security contributions are on the job, and your employer should deal with this.
The same applies in the case of doing self-employed work.
However, if you are moving as a retiree or early-retiree, then part of your visa requirements will show you have a private health insurance…
Major Mass. health insurance provider says customer data was ‘copied and taken’ in cyberattack
A pair of major Massachusetts and New Hampshire health insurance companies are warning subscribers that a cybersecurity ransomware incident in March and April has compromised some members’ personal information.
Point32Health, the corporate parent of Harvard Pilgrim Health Care and Tufts Health Plan, said in April that the threat impacted systems that are used to service customers, accounts, brokers, and providers, officials said. It proactively took certain systems offline to contain the threat out of an “abundance of caution” after “detecting an unauthorized party.”
“Unfortunately, the investigation identified signs that data was copied and taken from our Harvard Pilgrim systems from…