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Your inquiries (health insurance): Some insurance companies have a ceiling on the cost of certain medical procedures

He may be asked to undergo medical checkup before the policy. Also check the applicable conditions such as maximum age of entry, co-pay, lower limits.By Prasun SikdarI am 64 years old and have an individual health insurance plan. I'm planning to have a cataract operation. My insurance company says it will pay a fixed amount that is half the amount that the hospital charges. What should I do?—Ajit KurupThis varies according to the insurance company's product guidelines. There are some that have a ceiling when it comes to procedures like cataracts. There are some who apply a mandatory age-based co-pay…

New U.S. unemployment claims are dipping in signs of sluggish improvement

Initial unemployment benefit claims fell to 793,000 last week as the U.S. labor market showed some modest signs of improvement as it tried to recover from the winter rise in coronavirus cases. According to data released by the U.S. Department of Labor on Thursday, the number of vacancies for regular state programs fell by 19,000 from the week before. It was accompanied by a drop of 34,400 in new applications for the federal pandemic assistance program - which applies to gig workers and the self-employed - to 334,500.The figures, which means that more than 1.1 million. Americans still sought jobless…

Hong Kong Stock Exchange appoints JPMorgan banker as CEO

The Hong Kong Stock Exchange has selected a senior JPMorgan banker as its new CEO as it seeks to build its fast-growing pipeline of new stock offerings and trading links with Chinese stock exchanges. Nicolas Aguzin, CEO of JPMorgan's International Private Bank, will take the helm of Hong Kong Exchanges and Clearing, the company that operates the city's stock market, in May for a period of three years. "The Board of Directors believes that Mr. Aguzin's extensive experience in Hong Kong, China, Asia and globally and his deep knowledge of the global capital markets will help HKEX continue to build…

With $ 110 billion in revenue, Centene appears to be diversifying with Magellan’s mental health business

Centene is now a national health insurance player, reporting $ 111 billion in annual 2020 revenue, ... [+] said the company on Tuesday, February 9, 2021. Chairman and CEO of the Centene, Michael F. Neidorff will attend the Forbes Healthcare Summit 2019 at the Jazz in Lincoln Center on December 5, 2019 in New York City. (Photo by Steven Ferdman / Getty Images) Getty Images Health insurance company Centene reported a loss in the fourth quarter, mainly due to acquisition costs, as the company adds more services, continuing in 2021 with the addition of Magellan Health. The Centers on Tuesday…

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