belg12 provides an article on health insurance rates in america, united states health system, american insurance companies, best health insurance company in america, auto insurance in america, life insurance in america, life insurance companies in america and best medical and health insurance company in America is a social system, its principle is based on cooperation between individuals, and its purpose is to reconcile what the individual cannot support.
The system is usually planned and organized by specialized companies whose main task is to provide various insurance systems, reduce the financial burden on the state, and develop and improve medical services according to standards and foundations. And modern systems…. Follow us more on this topic.
Medical insurance rates in America:
In our article, Medical Insurance Prices in America If you work for a large company, the cost of health insurance may be equal to the cost of a new car. According to a September 29, 2021 study by the Kaiser Family Foundation (KFF) on health benefits for business owners, it has been found that:
- The average annual health insurance premium for a family of four is $20,576, which is roughly the price of a 2021 Honda Civic.
- On average, families pay about $6,015 of this cost, which means business owners account for 71% of the premium.
- Business owners pay a premium of $7,188 per employee, while the employee pays $1,242, or 18% of the premium.
- The average cost of an insurance plan includes all types of insurance plans available, such as:
- Healthcare organization plans.
- Service point plans.
- Highly discounted health plans with savings options.
- The most popular is the provider’s preferred insurance plan, offering 44% coverage for employees, followed by higher-deductible health plans with savings options such as a health savings account that offers 30% coverage for employees.
- Of course, how much employers spend on their employees’ health insurance affects their earnings, so employees bear the burden of paying contributions more than the numbers show. In fact, the high cost of health insurance is one reason why wages have not increased significantly over the past two decades.
- At the same time, employees must pay premiums from pre-tax income, but their insurance burden may be lower than those insured in federal health insurance markets or state health insurance exchanges.
The health care system in the United States:
Health insurance is based on the principle of collecting the risks of the costs of illness affecting a certain group of people and sharing those costs equally among them, as stipulated in the new health insurance law in America.
And that is by collecting the necessary and necessary funds to confront all these threats and distributing them to people according to their need for treatment.
Thus, health insurance prevents people from paying for treatment and ensures that health care reaches them for a certain amount.
Insurance companies in America:
In the life insurance division, Lincoln American National Insurance ranks among the top three life insurance companies in the US market with 89%, company rate efficiency 88.9%, customer service rate 90.3%, and usage of websites and mobile apps 82%, followed by Allstate Insurance Company with 88.7%, price efficiency 88.4%, customer service rating of 89.7%, use of websites and mobile applications 83.7%, followed by MetLife Insurance with 88%. Price efficiency 88.5% Score 88.5% Customer service 87.9% And usage of websites and mobile apps 85.2%.
The best health insurance company in America:
Health insurance financing in the US has always been through private companies, and now here is the best insurance company in America:
- United Health Group.
- Etna company.
- ISO company.
Car insurance in America:
There are two types of car insurance in the United States:
Liability (one sided insurance):
This means partial insurance, i.e. car insurance for the injured person, which means that if you cause an accident and crash into someone else’s car or hit a pedestrian, the compensation costs that you have to pay the injured person will be on your account. On behalf of the organization that insures your car shock this type of insurance does not give you any compensation in this case.
This means comprehensive protection, and in this type, you will be insured, as well as the person with whom the accident occurred “ie you and the victim” and here it is clear that the insurance price will be higher than the first type.
Note: When buying a new car, the second type will always cost with full insurance because it is the safest, safest and most expensive type.
life insurance in america:
Life insurance is a contract concluded between the owner of the insurance policy and the insurance company or insurance company, in which the insurance company undertakes to pay a sum of money “benefi” upon the death of the insured in exchange for insurance premiums paid by the insured.
The insured to the insurance company on a regular basis or in the form of a lump sum.
Depending on the type of insurance contract, your insurance may cover other conditions, such as terminal illness or serious illness, where the insurance company pays you a certain benefit.
Life insurance covers other expenses, such as funeral expenses.
The document is an official document and its clauses specify the limits of accidents covered by insurance.
Specific exceptions are often stipulated in the contract so that the insurance company waives its liability.
Examples of such exceptions include allegations of suicide, fraud, war, riots, and public riots.
Modern life insurance is similar to the asset management industry where companies are diversifying their offering by adding retirement insurance such as annuities.
Life insurance companies in America
Best life insurance companies for 2023:
- Lincoln National.
Best medical insurance company:
Allianz: is a leading German insurance company headquartered in Munich, one of the largest insurance companies in the world, with a presence in many countries.
Allianz has been operating in the Egyptian market for decades, and since 2004 it has been operating under the current name “Allianz Egypt” – the company has 16 branches covering different governorates, the health insurance service provider is Next Care and Allianz insurance programs provide international medical services to individuals even insurance abroad.
The Lebanese-Swiss Takaful Company – Libano Suisse Takaful: is a Lebanese insurance company established in 1959 and present in 7 Arab countries, and has been operating in Egypt since 2011.
It specializes only in health and life insurance. Branches in Cairo, Alexandria, Tanta, and medical service provider (GlobeMed) Arup: It is a subsidiary of the Lebanese Bloom Group, which also owns Blom Bank in Egypt, and is considered one of the largest financial groups in Lebanon, and is present in several countries in the Middle East.
Arup has been operating in Egypt since 2008 with offices in Cairo and Alexandria. The medical service provider is GlobeMed and MedNet.
AXA: AXA is a French company and is considered one of the largest European insurance companies and is present in many countries around the world.
It is one of the latest international companies in Egypt that entered the market through the acquisition of CIL, which was with the Commercial International Bank in the year 2015.
AXA is interested in providing the medical service itself and has its own clinic, in addition to AXA’s Doctor Service, which provides remote medical consultations via a mobile application.
Chubb Company: It is one of the largest American insurance companies, present in more than 50 countries, and operating in Egypt since 2003, and its medical services provider “Mednet”.