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A car insurance claim may be settled as soon as the same day for simple claims, like a glass claim for a broken windshield. However, a more complex claim with multiple vehicles and injuries may ...
Some insurers are using artificial intelligence to expedite the claims process.After you file a claim, being prompt and thorough when filling out claim forms and providing detailed supporting ...
In 1982, Blue Shield merged with The Blue Cross Association to form the Blue Cross and Blue Shield Association (BCBS). [11] Prior to 1986, organizations administering BCBS were tax exempt under 501(c)(4) as social welfare plans. The Tax Reform Act of 1986 revoked the exemption, however, because the plans sold commercial-type insurance.
Forms of fraud by health insurance companies include the wrongful denial of claims, wrongful cancellation of coverage, and underpayment of hospitals and physicians. [ 2 ] [ 3 ] When detected, health insurance fraud can result in civil liability as well as criminal penalties, and potential action against a healthcare provider's license.
A freight claim or cargo claim is a legal demand by a shipper or consignee against a carrier in respect of damage to a shipment, or loss thereof. [1] [2] [3]Typically, the claimant will seek damages (financial compensation for loss), but other remedies include "specific performance", where the cargo-owner seeks delivery of the goods as agreed.
Other stoppages have been much shorter, with economic analyses after the fact often showing that the lost money is then returned to the US economy in nearly equal measure after the government reopens.