Day: September 16, 2020

Posted in Personal

Ready to cut up your credit cards? Read this first

If you’re thinking about canceling a credit card — or two or three — it’s not as simple as just cutting up the plastic and tossing the tiny pieces.

a pair of scissors: Before you cut up your credit cards, read this

© T.Dallas / Shutterstock
Before you cut up your credit cards, read this

There are a few additional steps you should make to ensure you’re not tanking your credit score.


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Whether you’re sick of the measly travel rewards (travel in 2020 is history, anyway), struggle to keep up with your payments or simply want to cut back on accounts, use this simple step-by-step guide to cancel your credit card the right way.

Your 6-step guide to canceling a credit card the right way

Before you cancel your credit card, you need to make sure this is a smart move for you and your credit. And if you determine it is, it’s not just enough to cut your card up

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Posted in Business

Keep reduced Medicaid payments to health plans

The full effects of COVID-19 from a personal, societal, business and political standpoint will take years to fully understand. However, one indisputable fact that we know right now is that for health insurers, the decrease in the use of medical services has resulted in a dramatic reduction in medical expenses. In fact, utilization of non-emergent health care services declined by 30-50 percent over the first half of 2020.

When Michiganders moved from the workplace to in-home quarantine, employment statuses changed, and income became uncertain for many. In response, Priority Health, and many other insurers, adjusted premiums and waived cost sharing for many important services and benefits. In the Affordable Care Act market, Priority Health was one of the first insurance plans in the nation to provide premium credits to small group and individual members. We worked quickly to ensure our members, friends, neighbors and fellow Michiganders could maintain their coverage.

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Posted in Finance

Financial Power of Attorney Definition

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Posted in Insurance

Wellness and preventive features to make health insurance affordable

The aim of taking such measures is to minimise the instances of hospitalisations, which would ease the burden on the insurance pool.

© Provided by The Financial Express
The aim of taking such measures is to minimise the instances of hospitalisations, which would ease the burden on the insurance pool.

Broadening the scope of insurance, the Insurance Regulatory and Development Authority of India (IRDAI) has asked the insurance companies to include wellness and preventive features in insurance policies, which would encourage the policyholders to stay healthy to minimise the chance of falling sick and getting hospitalised.

“The guidelines from IRDAI on including wellness and preventive features in health insurance are certainly a positive step forward for customers who can now proudly own their health insurance policies,” said Gurdeep Singh Batra, Head-Retail Underwriting, Bajaj Allianz General Insurance.

The aim of taking such measures is to minimise the instances of hospitalisations, which would ease the burden on the insurance pool.

Talking on the guidelines from IRDAI to include wellness and preventive features in health

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Posted in Money

Central bank test of digital currency set to expand

China is expected to expand the central bank’s digital currency pilot programs to a broader range later this year or early in 2021, focusing on retail use. That may replace some functions of bank cards, a former State bank executive said.

China is implementing programs to test the digital currency in Shenzhen, Guangdong province; Chengdu, Sichuan province; Suzhou, Jiangsu province; and Xiong’an in Hebei, with some facilities to be used during the 2022 Winter Olympics, according to the People’s Bank of China, the central bank.

The currency has been tested within a small scope and in some cases, such as payments of retail sales and salaries, and it has matured sufficiently to go public on a wider scale, said Li Lihui, former president of Bank of China.

“But the pilot program is relatively limited right now, involving a small group of people. The trials’ expansion may take more time; it

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Posted in Personal

How freelancing is helping to Create Jobs in Norway

Freelancing has become a common way to earn a living in the world since, with technology, people can now perform particular tasks from their comfort. You can become a freelancer, and quit your regular jobs, have more time to yourself, or combine your regular appointment with freelancing. With advanced technology and the internet, working remotely has become possible with specific tasks, and many companies are choosing this option to hire regular workers.

There are several platforms where you can search for jobs as a freelancer, and you can check out reviews on Norskeanmeldelser for top freelancing sites in Norway. You can apply for jobs that require your skill and make money at your pace. Freelancers have set up platforms and payment systems likeTransferwise to help with fund transfer and secured payment. And these freelancing sites have helped the economy of Norway in the following ways:

1.  Creating more jobs

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