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SCAMS
REVISITED
Health
insurance costs spur a new proliferation of bogus insurance companies
with the usual impressive-sounding names, typically constructed
to sound a lot like established carriers. Some even
pay a few claims for awhile to really set the hook, operate for
months or more before anyone catches on.
WORKERS'
COMP: BETTER (FINALLY...)
California
reforms have begun to influence carriers' results. Several private
insurers have entered or reentered California, offering alternatives
to the state pool. Look for rate competition to ensue
as more markets play.
WHAT
THE LOONEY US LEGAL SYSTEM COSTS
Recent
study by a consulting unit of Towers Perrin puts the cost of our
tort system at $260 Billion - yes, that's Billion, projected to
rise to $315 Billion by 2007. This of course does not
include the unknown other costs of products not made, medical costs
imposed by doctors & others covering their glutius maximi, people
not getting hired, etc.
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