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::: Colorado Health Insurance Articles :::



Beware of bogus Health Insurance Plans

by Tony

As we see the costs of health insurance and health care costs rise each and everyone of us will have been faced with an annual increase in health insurance premiums. It is only natural that people will look for a lower cost alternative and in doing so some are finding themselves the victims of fake health insurance plans.

Fake health insurance plans look like genuine authorized health insurance plans they are set up with the intention to take your money and not to pay benefits or abide by any state insurance laws. People who buy into a fake health insurance plan can often find themselves with little recourse to justice and are often left with large debts in the event of a claim against the health insurance policy.

There is some confusion surrounding who has the regulatory authority to investigate and prosecute bogus health insurance plans, is it the Department of Labor or state Departments of Insurance. Licensed agents are mainly responsible for selling bogus health insurance plans and can be held liable for selling unlicensed and fraudulent products.

It is important for to licensed agents verify the legitimacy of any product they intend to offer for sale. So it goes without saying that all licensed insurance producers and consumers should verify the legitimacy of any product before putting any money down. Everyone is at risk of being a victim of a fake health insurance plan including individuals, families and employers

Some points to consider before making a decision

Are the health insurance premiums being offered significantly lower than similar health insurance products you have considered.

Is the health insurance plan offering universal coverage with no mention of exclusions or pre-existing conditions.

Anyone who claims they do not need a license to sell their health insurance product.

If the agent is indicating this product is exempt from state regulation you should beware.

A health insurance plan that does not use the word insurance anywhere in its materials or documents. This article has been written by http://www.healthinsurerquote.info For more information on health insurance, visit our web site http://www.healthinsurerquote.info This article is not a substitute for medical advice. Please feel free to use this article in your newsletter or on your web site, the resource box must be included. If you use this article, please send a brief message to let me know where it appeared: mailto:hiq@t4star.com Thank you.


::: Colorado Health Insurance News :::

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Health insurance costs soar 12% in '08 (Rocky Mountain News)
16 May 2008 at 5:57am
Employers' health insurance costs this year have climbed 12 percent above 2007 levels in Colorado and Wyoming, a survey shows.
Health-savings accounts continue to draw interest (BizJournals)
16 May 2008 at 3:30pm
The number of companies in Colorado and Wyoming offering health-savings accounts for their employees has steadily increased, according to a survey released Friday by the Mountain States Employers Coun...
Minority health care disparities addressed (The Fort Morgan Times)
14 May 2008 at 10:43pm
Members of the state Minority Health Advisory Commission came to Colorado Plains Medical Center on Friday to listen to how local agencies are trying to eliminate the disparities in health care between...
Local employers contain costs (Colorado Springs Gazette)
16 May 2008 at 4:37am
Although local employees might have seen an increase in the cost of health insurance premiums or co-payments for medical services this year, employers are successfully containing their own costs, acco...
Ramsell Public Health Rx Awarded Colorado State Pharmaceutical Assistance Pro...
12 May 2008 at 2:00pm
OAKLAND, Calif.----Ramsell Public Health Rx today announced that it will administer a full suite of Pharmacy Benefit Management solutions for the Bridging the Gap, Colorado program, a State Pharmaceut...
Grappling with memories, and with health insurance (Real Change News)
15 May 2008 at 1:55am
Uterine fibroids push woman to make peace with past. Brianca Delaney avoids leaving her home. When she departs the house, she sticks to a definite route and destination. She still shudders with the me...
Berry Drinks: Find Out Why Elway Swears By Them (CBS4 Denver)
16 May 2008 at 12:45pm
Drinks that contain acai berry juice are becoming all the rage. John Elway is among those who are touting their health benefits, but dieticians say the scientific jury on them is still out.
Colorado Access returns to Medicaid (BizJournals)
13 May 2008 at 5:31pm
Colorado Access is getting back into the Medicaid managed-care business, two years after pulling out of the market.


::: Colorado Health Insurance Blogs :::



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