Are you considering non-monetary methods to motivate your beloved staff? Money does not always lift up your staff members’ level of morale. Motivating your employees also involves other physical and emotional enablers. Here we have put together some practical ways to motivate staff without spending any more money. 1. Attractive Work Environment Beyond the basic needs such as clean air, …
1. The ratio of the amount health insurance companies receive to the amount they pay out Health insurers change their tariffs on an annual basis based on their client portfolio. As an example, if the amount of claims last year was more than that they received in premiums from the clients, then the health insurer will alter …
Blockchain is a new technology that has swiftly become an obsessive interest in the financial services industry because it enables disintermediation, improved reconciliation of data and the efficient transformation of business models. The insurance industry is uniquely positioned to benefit from blockchain technology which can help deliver on key digital opportunities to cut costs, increase efficiency, enhance customer experience, and improve data quality, collection and analytics. Through innovation, insurance companies can grow market share, gain competitive …
Why is blockchain important for the insurance industry? Read More »
Similar to health insurance premiums, life insurance premiums rely on a range of factors that determine how much you need to pay for your life coverage. It is important to fully understand what these factors are. This serves as a path to minimize your premiums in the future. What are some factors that affect term life insurance premiums? 1. Amount …
You should begin looking after your child’s teeth early to prevent cavities and tooth decay. Now is the time to teach your child proper dental care. Here we have compiled a practical guide on how to help kids of all ages take great care of their oral health. 1. Start brushing when the first tooth appears As soon as the first tooth of your child grows through the gum, make sure you …
Understanding what CPME is and how it works. Holding a health insurance plan for some time, you might think about a switch to another insurance company if you spot that the premiums are cheaper and better benefits are provided by the new medical insurer. What does Continuing Personal Medical Exclusions (CPME) underwriting mean? Continuing Personal Medical Exclusions (CPME) is …
Insurance Term of the Week: Continuing Personal Medical Exclusions (CPME) Read More »
Employee Assistance Programs (EAP) are getting more popular these days as companies throughout the world begin to understand that there are close connections between personal wellbeing and job performance. Here we have put together a practical guide on what EAPs are and do you need one on your group health insurance. What is an Employee Assistance Program (EAP) …
What is an EAP and do you need one on your health insurance? Read More »
What is retiree health insurance? A retiree health insurance policy is a medical insurance policy that has benefits that specifically cater to policyholders who are retirees. Retiree health insurance before 65 typically works differently with retiree health insurance after 65. How does retiree health insurance work? Understanding the limits that health insurance providers set up for retiree health insurance plans is important. For …
It is undeniable that your child is everything to you. So you always would like to keep your daughter or son healthy and happy. In addition, you want to properly handle expensive medical expenses for your family. Therefore how can you be certain that you can succeed at both? Health insurance for your child can be one of your best choices. The eligibility requirements for children health insurance in Thailand differ …
At one stage in your life, you might have to fill in a medical questionnaire when setting up an insurance plan. Perhaps you might wonder what and how to complete the medical questionnaire the right way. So here we have put together a practical guide on how a medical questionnaire works and how you are supposed to complete …
