Fire insurance is a type of insurance policy that protects the policyholder in the event that their home or property is destroyed or damaged in a fire. Some other specified risks might also be covered by fire insurance, such as lightening, explosions, water damage from fire extinguishing sprinklers, or burst water pipelines or tanks. Fire insurance only covers accidental damage, however.
The Genetic Information Nondiscrimination Act of 2008 (“GINA”) protects individuals from genetic discrimination in matter of employment and health insurance.
Group insurance is defined as the coverage of several individual persons under one comprehensive insurance policy issued by employers, associations, unions, or other qualified groups. Usually for the purpose of protecting and providing for employees, group insurance covers individuals so long as they remain in employment.
Group life insurance is an optional program provided by many employers and sometimes other organizations. Group life insurance provides employees a set amount of coverage based upon their salary with the employer typically paying the deductible for the policy. Sometimes, employees may be able to pay for extra coverage through the employer policy.
Hazard insurance is coverage that protects a homeowner and/or business owner against physical damages caused by unexpected and sudden events such as fires, severe storms, and other events. The homeowner or business owner will receive compensation to cover the cost of any damage incurred if the specific event is covered by the insurance policy.
A health benefit is defined as healthcare services provided or being covered under health insurance plans as a benefit, such as health maintenance organizations (HMO), to cover the costs of healthcare.
Health care fraud is a type of white-collar crime that involves the filing of dishonest health care claims in order to turn a profit. Fraudulent health care schemes come in many forms.
The Health Insurance Portability and Accountability Act (HIPAA) is a federal statute which protects the unauthorized release of individually identifiable health information. HIPAA applies to the release of health information by both health care providers and insurance providers.
