BestWeek: To Play in U.S. Health Reform, Some Insurers May Leave Agents, Brokers Behind.OLDWICK, N.J. -- Some U.S. health insurers may leave agents and brokers hanging out to dry as President Barack Obama seeks to slash their administrative expenses--including commissions. That's one way being considered to control high health care costs within his comprehensive proposal to overhaul the health care system, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a story in this week's BestWeek U.S./Canada. The president is committed to tackling health reform this year. The agenda he put forth on the campaign trail to provide coverage for everyone included the creation of a National Health Insurance Exchange to help individuals and businesses buy private coverage or they could enroll in a new, public health plan. In BestWeek Europe, an A.M. Best special report, "Economic Slump Slump A temporary fall in performance, often describing consistently falling security prices for several weeks or months. , Financial Crisis Hit Europe's Insurance Industry" says European insurers enjoyed relative financial strength immediately prior to the current financial crisis. While European insurers had limited direct exposure to U.S. subprime mortgage and other "toxic" assets, they still face a number of issues. And in BestWeek U.S./Canada, subscribers can read an excerpt ex·cerpt n. A passage or segment taken from a longer work, such as a literary or musical composition, a document, or a film. tr.v. ex·cerpt·ed, ex·cerpt·ing, ex·cerpts 1. of A.M. Best's new 2009 U.S. Hurricane--Catastrophe Review. It examines the risks associated with Northeastern hurricanes. Unlike hurricanes in Florida or the Gulf of Mexico Noun 1. Gulf of Mexico - an arm of the Atlantic to the south of the United States and to the east of Mexico Golfo de Mexico Atlantic, Atlantic Ocean - the 2nd largest ocean; separates North and South America on the west from Europe and Africa on the east , once tropical cyclones This is a list of notable tropical cyclones, subdivided by basin and reason for notability. North Atlantic basin
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates 1. To lay waste; destroy. 2. To overwhelm; confound; stun: was devastated by the rude remark. scenarios in terms of insured losses for the region would be a hurricane making landfall land·fall n. 1. The act or an instance of sighting or reaching land after a voyage or flight. 2. The land sighted or reached after a voyage or flight. in Northern New Jersey. BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, please visit www.ambest.com/sales/BestWeek, or e-mail your request to customer_service@ambest.com. Founded in 1899, A.M. Best Company is a global full-service credit rating organization dedicated to serving the financial and health care service industries, including insurance companies, banks, hospitals and health care system providers. For more information, visit www.ambest.com. |
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