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The Federal Employees' Group Life Insurance Act (FEGLIA) is a United States federal statute passed by the 83rd U.S. Congress and signed into law by President Dwight D. Eisenhower on August 17, 1954. [2] The act provided for a group life insurance policy for most federal employees, similar to those provided for employees of most large industries.
Insurance is available in increments of $50,000, up to a maximum of $500,000. [2] Premiums are set at $0.06 per month per $1,000 of insurance, regardless of the member's age. [3] An additional $1 per month is charged for traumatic injury protection (TSGLI). Accordingly, a $500,000 policy costs $30 per month. [4]
In the United States, a health maintenance organization (HMO) is a medical insurance group that provides health services for a fixed annual fee. [1] It is an organization that provides or arranges managed care for health insurance , self-funded health care benefit plans, individuals, and other entities, acting as a liaison with health care ...
Of the subtypes of health insurance coverage, employer-based insurance remained the most common, covering 55.1 percent of the population for all or part of the calendar year. Between 2017 and 2018, the percentage of people covered by Medicaid decreased by 0.7 percentage points to 17.9 percent.
Catastrophic crop insurance (CAT) is a component of the U.S. federal crop insurance program, originally authorized by the Federal Crop Insurance Reform Act of 1994 (P.L. 103- 354). [1] CAT coverage compensates farmers for crop yield losses exceeding 50% of their average historical yield at a payment rate of 55% of the projected season average ...
DIF insurance is a private insurance fund that some Massachusetts-chartered banks have in addition to FDIC coverage. Dig deeper: 6 best ways to FDIC-insure your excess bank deposits What to watch ...
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