Homeowner's Insurance Shortage: A Case Study

Rather than having the other claims adjusted, the provider insisted that we not look into the matter further because they did not want us to take back any money. Sadly this is just one example of fraud; it is not uncommon to see providers change the coding of claims to get something that they know should not be paid to process for payment. Cracking down on this type of fraud will reduce the amount of money paid out on claims by insurance carriers. Since claims payments directly affect the cost of insurance, this will also help in lowering premiums.

In 2011, the Los Angeles Human Right to Housing Collective joined together with citywide residents to protest unfair housing practices, and increasing rents at Los Angeles City Hall. Over the past four years, Los Angeles residents have seen rapid increases in rent, which is leading to more and more people moving out of L.A. in the hopes of finding more affordable living arrangements. The three percent rental increases that Los Angeles residents are accustomed to have been climbing this past year, and in 2016 many Angelenos could be seeing a four or maybe even five percent cost of living increase. Studies from the U.S. Census will show that Los Angeles renters occupy not even 50 percent of Los Angeles county housing units. In comparison to the percentage LA renters are taking home per paycheck, it is now becoming more affordable to buy property in Los Angeles, rather than rent.

|  Re-imbursement for the insurance. If the paper work is not right it will affect billing and can create major problems.

RMS also asked if Ocwen inspected pre-foreclosure? Ocwen was not on the call regarding how this proceeded through foreclosure. Regarding the insurance claim and demo, Altisource indicated they received only 1 bid and it was very high ($55,000). They are obtaining 2 more bids. Regarding the insurance claim, Altisource again confirm a fire claim was paid out on 4/27/2012 IAO $22,745.86 (with a policy limit of $239,000). RMS indicated this did not seem sufficient and asked if there was possibly another fire, as the demo bid alone (excluding the fact Altisource feels it was high) far exceeds the payout. In addition, based on the insurance payout comments provided by Altisource, the damage did not appear significant enough to warrant demo (much of the claim was said to be interior, with a lot of smoke damage). RMS indicated there needed to be more investigation as this did not make

Legally renter’s insurance isn’t required by law, but there are rental properties that require proof of renter’s insurance for residents as part of the lease agreement condition. Most rental properties have minimum coverage requirements and may also refer the resident to an insurance broker for coverage. Understanding the policy’s coverage can help with making your decision in how much coverage needs to purchase and exactly what is being covered. Keep in mind, all landlords carry insurance coverage for their properties, typically the coverage protects the structure not the tenant’s personal belongings, which includes perishable food should the appliance break down or fail to work correctly.

In Tennessee alone, we are once again facing an obstacle under the umbrella of healthcare coverage. In 2017, 3 regions in the state of Tennessee will lose coverage from BlueCross BlueShield of Tennessee (BlueCross BlueShield of Tennessee, 2016). It will leave 100,000 individuals looking for coverage through other marketplace plan providers. BlueCross BlueShield of Tennessee stated that they had to pull out of Obamacare in these three regions due to profit losses over the last 3 years (BCBST, 2016). It may seem simple enough to others that these individuals just go get another plan from someone else. We must first consider affordability. Will Cigna and Humana offer plans that are similar to the BlueCross BlueShield of Tennessee plans? Will consumers have nearly the same or the same benefits as before? There are many different changes that may occur by simply changing insurance plans. The consumers may not be able to have the same providers. They may not have the same medication coverage as before. The deductible could change and make the policy invaluable to the individual based on their needs. Obtaining coverage has been an ongoing uphill battle for some. Our state and federal legislators all share different views on healthcare issues. The Healthcare Reform Act of 2010 brought

Arizona, “The Grand Canyon State” is one of the four corner states. The four corner states include : Colorado, Utah, Arizona, and New Mexico. Arizona is well known for the Grand Canyon State Park. This state has the most land dedicated to Native Americans in the entire US. Arizona summers are very hot while the winters are mild. Southern Arizona is well known for its dry desert climate. Northern Arizona demonstrates a different climate. The Northern section consists of forests of pine, Douglas fir, and spruce trees. It is also home to the Colorado Plateau and some mountain ranges. Northern Arizona also has deep canyons, which provides significant snowfalls.

Obamacare is not universal healthcare. The United States actually has an extension of health insurance coverage that is the program we all call Obamacare. This extension of health insurance coverage is expected to cover an additional 26 million people by 2024. In understanding this concept, what we need to understand fully is that the United States does not have universal coverage. Obamacare does not eliminate uninsurance in America; instead, it cuts the number of people lacking coverage about in half. Even after Obamacare is fully implemented, budget forecasters still expect that 31 million Americans will lack insurance coverage which is a bigger group than the people buying coverage on the exchanges (Vox.com).

I attended a hearing on your behalf in the above matter before Judge Burke in Hudson, New York, on 05/17/2017. The claimant was present and represented by attorney Ed DeLauter. Your insured, Robert George, was present to give testimony.

One financial problem the healthcare industry is facing right now is healthcare collections. Healthcare collections have always been a financial problem to healthcare industries because of nonpayment from the uninsured and individuals who are uneducated about their health plans. Nonpayment to healthcare industries means a loss of revenue. A loss of revenue means that health care industries may run the risk of exhausting their financial resources and become unstable. This financial problem is very typical in the healthcare industry.

The Patient Protection and Affordable Care Act (ACA), signed into law on March 23, 2010, represent a landmark in the U.S. health policy.1 The ACA is the most comprehensive reform experienced by the U.S. health system. The individual insurance market has been transformed by this reform which mandates residents to have health insurance, expands public insurance and reduces the cost of private insurance plan and reduces and reorganizes spending under the nation’s largest health insurance plan, Medicare.2 Persistent challenges relating to access, affordability and quality of care in the U.S. health care system has been resolved by the ACA.3

On this date worker received a message from Misty Jenkins, social worker for HealthSprings Insurance. She stated Mr. Duncan was not doing well and someone needed to do a safety check on him. Worker returned Ms. Jenkins call, learned Mr. Duncan went to the ER on Friday 2/12/16, and was diagnosed with a UTI. HIs doctor Dr. Brassfield refused to admit Mr. Duncan to the hospital and sent him back to Laurel Gardens (Mr. Duncan was discharged from the hospital on 2/9/16 and returned three days later with a UTI.) Ms. Jenkins believes Mr. Duncan's discharge to Laurel Gardens was a bad discharge from the hospital. Worker explained to Ms. Jenkins that Dr. Brassfield refused to state Mr. Duncan was mentally or physically unable to care for himself. Therefore,

HBP Series ID will submit invoices to the address specified in Statement of Work. Invoices are due within ten (10) days of mailing or hand delivered. Each invoice will clearly indicate that it is “For Services Rendered in Performance of HBP Series ID”, and should be made payable to High Branch Partners LLC Series ID. Payment for work performed shall be made in accordance with satisfactory acceptance of each goal, target, milestone, task or project. If issues exist preventing payment and acceptance of an invoice, Client will immediately notify HBP Series ID in writing regarding the nature of the issue and the method of resolving those issues. Nevertheless the other part of the invoice which is accepted and not in questioned, Client will not unreasonably withhold acceptance of the remaining items or reimbursement to HBP Series

Thank you for your email and I definitely understand your concern. After reviewing your account our records show, the reason for the increase in your payment is due to an increase in your homeowner's insurance policy. I would recommend seeking a lower insurance premium to decrease your overall monthly payment amount. If you are able to obtain a policy of a minimum of $120.00 or more, we will be able to generate an off schedule analysis to make the proper adjustments to your monthly payment upon your request. For visibility, Part 1 and 2 of the Escrow Analysis statement provides a breakdown of the prior and anticipated disbursements from escrow. If you utilize the www.myql.com website, the Escrow Analysis statement is available online (under

Incompetent health insurance literacy is a current problem that affects the ability for patients to make informed health care decisions, ultimately contributing to the escalating costs of health care in the United States.