Learning what insurance truly is will benefit you beyond what you can currently believe.
Simply put, insurance is the transfer of risk.
Nothing more nothing less
@btabarsimd This is a multifaceted situation. 1. Insurance cost controlling based on their perception of supposed medical necessity. 2. Drug manufacturer or facility billing a cost that is most likely higher than it should be.
The #insurance industry needs a significant face-lift to the technology integrated into the daily systems of the industry. It's honestly mind blowing that an industry with this level of financial cash flows has yet to find a technology that isn't broken.
#web3#Blockchain
Keep in mind that insurance policies are in fact contracts between you and the insurance carrier. If the coverage is not specified in the contract then it isn't covered. It is very important to understand your specific situation and the kind of Healthcare services you need.
COBRA is an important element of employee benefits. Employees hold the right to be offered the opportunity to elect to continue their benefits through either Cal-Cobra of a Federal COBRA Third Party Administrator.
(BRI is a Federal COBRA Third Party Administraror)
Blockchain technology / Web3 could easily revolutionize the insurance industry. The ability to track, record, and transmit data within an indisputable public ledger network is something the industry absolutely needs.
Let's start the conversation
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#insurance#insurtech#Web3