Health Insurance

Chinese Protests Over Health Insurance Underscore Risks for Xi

(Bloomberg) — Chinese pensioners returned to the streets of Wuhan to protest changes to their medical benefits, highlighting the challenge confronting President Xi Jinping’s government following historic anti-lockdown demonstrations in November. Photos and videos taken in Wuhan on Wednesday showed a large group of people gathered under an overpass singing and chanting, despite a heavy police presence. Hundreds of people and rows of police outside the city’s Zhongshan Park were also seen in photos shared on China’s Weibo microblogging platform. Hours later, the online footage has largely disappeared, with searches for “Zhongshan Park” and “Wuhan medical insurance reform” on Weibo…

Health Insurance

Can You Protect Your Child’s Inheritance From Their Spouse?

Many of our clients want to plan for their children’s future, when drafting their estate plans. However, some of our clients are concerned about their child’s spouse accessing the inheritance. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). While each client has different concerns and requires tailored estate planning, one question we often hear relates to protecting the inheritance of the spouse of their child. So can inheritance be protected from a spouse of your child? Yes, there are…

Health Insurance

Tips on planning for dental costs if you don’t have coverage

A freelance photographer living in downtown Toronto, Armin Fares is living his dream. The 32-year-old says he worked hard to be his own boss and set his own schedule. But while working for himself offers independence, what he doesn’t offer is access to dental coverage. “I don’t have access to health benefits like you would work for a company,” Fares says. “I often fear getting some sort of dental issue like a cavity or a root canal because it’s so expensive to fix and could leave me financially vulnerable.” Fares says he has an emergency fund for unexpected health expenses,…

Health Insurance

The 10 best health insurance companies of 2023

Kaiser Permanente is the best US health insurance company in 2023, according to Insure.com’s annual ranking. In the final 1 through 5 scores, 60 percent came from member survey results, 25 percent from NCQA quality ratings, and 15 percent from the National Association of Insurance Commissioners, which tracks customer complaints against payers. The survey portion of the ranking was conducted in late 2022 and asked 1,500 customers about their health plans across multiple categories, including customer satisfaction, ease of service and policy offerings. Respondents were also asked to rank their insurer’s top three attributes out of more than a dozen…

Health Insurance

What Happens When You Don’t Fund Your Trust?

After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). What does funding the trust mean? Funding the trust is simply transferring assets into your trust. If you have a trust, you will want to put your assets into the trust, by retitling bank accounts, re-designating beneficiaries of life insurance, etc. We walk our clients through the…