For purposes of the surety bond requirement, an "unpaid claim" is an overpayment made by Medicare to the DMEPOS supplier for which the supplier is responsible.

CMS has "streamlined" the surety bond collection process effective June 17, 2014 and that means they're starting to file more claims!

This year marks the 11th anniversary of Life Insurance Awareness Month (LIAM), an effort to raise awareness among consumers and producers about the need for life insurance. 

Americans by and large aren't saving much money and many households are still mired in debt. Many see value in life insurance, but less than half have individual life insurance policies. 

Decisions Consumers Find Difficult

Many consumers struggle with different elements of the decision process when shopping
for life insurance. Fifty-four percent of consumers are most concerned with determining
whether they are getting their money's worth. They also find understanding the policy
details and knowing how much coverage to buy challenging.

How People Prefer to Buy Life Insurance
Most people still prefer to purchase life insurance face-to-face with a financial advisor or
agent, but one in four people under the age of 45 say they prefer to apply for it online. 

Interested in learning more?