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What happens if the health insurance company you entrusted files bankruptcy? What does this mean for you and your insurance coverage?
In this video, we explore the steps you should take if your insurance company goes out of business. Learn how state guarantee associations protect policyhold...
But don't worry—you have options! 💡 If you have a Medicare Supplement plan, like Plan G, F, or N, and your insurance company goes out of business, you get a special election period to switch...
20 Ιαν 2022 · If your insurance company goes bankrupt, there isn't much cause for worry—most of your benefits should still be covered. When the company goes through bankruptcy, the state insurance commission will try to help it regain its financial footing.
31 Αυγ 2021 · According to the National Organization of Life and Health Insurance Guaranty Associations (NOLHGA), no life insurance companies have filed for bankruptcy since the 2008 financial crisis.
18 Σεπ 2023 · The World Health Organization (WHO) and the World Bank have jointly published the 2023 Universal Health Coverage (UHC) Global Monitoring Report, revealing an alarming stagnation in the progress towards providing people everywhere with quality, affordable, and accessible health care.
What will happen if your insurance company goes bankrupt? #shorts