Despite all the talk of millennials, the baby boomers still make up almost a third the U.S. workforce. They spend $157 billion per year on travel and show no signs of slowing down. Their need for travel is increasing. “functional vision”For patients with active lifestyles, cataract surgery has become a viable option. A recent report, cited by a [href=], states that cataract surgery is becoming more popular among patients who don’t fit the stereotypical profile.”http://www.abbott.com”>Abbott, an estimated 870,000 such procedures are projected to be performed in 2015 on those younger than age 65.
The pace of life today is rapid. The rise of digital technology has allowed people to communicate with each other via the internet and simultaneously check their children’s soccer scores. Consumers can expect the same conveniences and benefits from all businesses, except their insurance companies, thanks to the internet age. For many people struggling to pay their medical bills, this can seem like a long wait, even though 98 percent of claims for health insurance are processed in 30 days.
With almost two-thirds American households earning less than 2002, being insured is not enough. It is important to find out how fast and easy your insurance company processes and pays claims. This is important for both financial and medical recovery.
Recent research found that 66% would not be able to adjust to the high financial cost of serious illnesses or injuries. Only 49% have enough money to cover out-of pocket expenses. Additionally, rising healthcare costs are forcing employers into cost-saving measures that are putting employees under greater financial pressure.
* Increasing employees’ health care insurance copayments.
* Increasing employees’ share of premium.
* Implementing high-deductible health plans with health savings accounts.
Some people might have to wait as long as a month to receive their insurance payments. Many insurance companies strive to provide fast service with better technology and better understanding of customers’ needs. This is just one example. AflacIt is almost rare for insurance companies to offer policies that include claims processing, approval, and payment in a single day.
Fast payment policies are no longer luxury items of the past. It is now a necessity. It’s vital to have funds readily available for serious illness or injury. Your insurance company should be able to respond quickly.
Aflac’s One Day Pay Promise can be found at aflac.com/onedaypay.