March 2022 - Life Insurance Chart

Adverse Selection in Group Health Insurance

2022-03-31 WebEditor

Adverse selection has plagued the insurance industry for a long time now. Insurers have found it challenging to find ways to abstain from issuing policies risky for them. A moral hazard and other factors meant that individuals have found ways to benefit from group health insurance by adverse selection. So, what is adverse selection? And why does it matter? This article has the answers. What Is Adverse Selection? Adverse selection refers to a buyer (insured) having more information than the seller (insurer) and using the same to their benefit unscrupulously…

Best Desk Exercises to Boost Your Day in Office

2022-03-13 Paula D. Singleton

In recent times, there have been enormous advances in the field of technology. Technology has enabled people to work from desks. However, it has one severe effect on the human mind and body – people have become quite sedentary. People prefer to mindlessly scroll through their feed rather than exercise. Even in offices, employees sit at their desks for long hours, and it drastically affects their health. To protect their health, companies have started offering group health insurance to their employees as a part of the employee wellness program. ?…