Archive for the ‘Medical Insurance’ Category

Your baby’s weight and health insurance

Tuesday, November 24th, 2009

There’s an old saying that says, “the number don’t lie”. The assumption is that numbers are facts and facts are always true. So if someone counts the number of times something happens, this gives you a basis from which to estimate the probability of the same thing happening across a population. This is the basis of underwriting for insurance purposes. Teams of highly trained people called actuaries count how many traffic accidents there are every year, season and month. They break it down into the age, make and model of car, the age, gender and profession of the driver, the time of day, the weather conditions, and so on. We happily accept information that, in the first half of 2009, only 16,626 people were killed in crashes, a 7% drop as against the same period last year. (more…)

Chinese Cities To Integrate Medical Insurance Systems

Sunday, February 1st, 2009

Chinese Cities To Integrate Medical Insurance SystemsThe people of Guangzhou and Foshan, two municipalities in the mega-region China’s Pearl Delta may seek medical treatment in other cities with the same cover. This was by Zheng Yuhua, Deputy Director of Labor and Social Security Bureau of Guangzhou City, announced when he said that made without the consolidation of systems in the two cities by the health insurance next year.
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