Thursday, June 29, 2006
Health Discount Schemes Face New boundaries
Source: theindychannel.com
INDIANAPOLIS -- A fresh state law is fastening down on companies that take benefit of uninsured populace. Medical discount cards have created fairly a tad of perplexity. Some of the companies entail they present insurance when they don’t. Beginning July 1, medical discount programs must register with the section of Insurance, and that will really bound what those programs can maintain in their ads. They must also tag their cards with a repudiation that says, "This is not insurance." Carol Cutter, of the Department of Insurance, said companies can no longer use language that resonance like insurance. Authorities stress that some health discount programs are valid, with some caveats. Insurance experts said consumers should call and confirm that their healthcare providers respect a reduction program.
Source: theindychannel.com
INDIANAPOLIS -- A fresh state law is fastening down on companies that take benefit of uninsured populace. Medical discount cards have created fairly a tad of perplexity. Some of the companies entail they present insurance when they don’t. Beginning July 1, medical discount programs must register with the section of Insurance, and that will really bound what those programs can maintain in their ads. They must also tag their cards with a repudiation that says, "This is not insurance." Carol Cutter, of the Department of Insurance, said companies can no longer use language that resonance like insurance. Authorities stress that some health discount programs are valid, with some caveats. Insurance experts said consumers should call and confirm that their healthcare providers respect a reduction program.
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