Financial Services Industry
Industry: Email Alert RSS FeedPrivacy Rules Could Hinder Auto, WC Claims.(new privacy rules from U.S. Department of Health and Human Services could hinder the settlement of auto and workers compensation insurance claims)(Brief Article)
National Underwriter Property & Casualty-Risk & Benefits Management, January, 2001 by BROSTOFF, STEVEN
Workers' compensation and auto insurance claims will be delayed and settlements made more expensive due to new privacy rules finalized by the U.S. Department of Health and Human Services, insurance groups said. The American Insurance Association and the National Association of Independent Insurers said that new restrictions on the flow of information from medical providers to insurance companies will make it difficult for insurers to properly handle claims and fight fraud.
"HHS's final privacy rule could deliver a knockout punch to auto insurers and first- and third-party liability issues because of the roadblocks it places on p-c insurers' ability to obtain information for routine claims handling," said Nancy Schroeder, assistant vice president for the Des...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders


