Why You Need Health Insurance – Understanding the Importance of Health and Medical Insurance

Why is having health or medical insurance so important? There is certainly a misconception that medical insurance is only for the elderly and older folks. Many young adults and even some middle aged adults have this misconception that since they are still healthy and without any illness, they do not need this security blanket that a health insurance policy provides. Their argument is that the premiums are high and that they are not getting anything in return if they do not make use of the policy.

Perhaps, these people are ignorant or have not heard or read of young and healthy people who without any warning, suffer a health attack or succumb to cancer. This is not surprising considering the hectic lifestyle and the regular intake of unhealthy food in this fast moving world that we live in. In addition, unforeseen accidents, minor or major can happen anytime. Breaking an arm or a leg can happen anytime while playing basketball or football. In the tropics, many people young and old falls victims to dengue due to mosquito bites. Considering the rising cost of medical care, hospitalization, surgery and medicines, a visit to the hospitals for treatment can indeed set back your hard earned savings if you are not covered under a health insurance plan.

A well meaning financial planner will advise that a financial plan which would include managing your investment risks will not be complete without a comprehensive health and medical insurance policy with critical illness coverage and hospitalization and surgical (H&S) coverage. Indeed, a financial investment plan can be derail if one should suffer the tragedy of succumbing to any life threatening illness such as cancer, diabetes, etc causing the person to lose his job and income before the financial goal of his investment plan materialize. The cost of treatment which may be exorbitant from the hospital expenses and surgery needed would cause you to use up the emergency funds and in the worst scenario may require you to withdraw from investment program before it mature if a medical policy was not purchased earlier. One should realize that hospital treatment cost these days include not only surgery and medication but often diagnostic tests involving sophisticated equipments, physiotherapy, etc. hence, the rising exorbitant cost of medical treatment.

One reason why many people do not purchase a health and medical insurance is due to the opinion that their employers have already provided the medical coverage. They may not be aware that once they leave their company, the coverage will cease. Hence, they may be caught in a bind if they are terminated during an economic downturn. Premiums for this kind of policy are lower if you purchase coverage at a younger age and when you are still medically fit. Those who insure themselves when they are older and not medically fit may have to pay higher premiums or are subjected to certain exclusions. Older folks and those who have some form of illness will therefore find themselves in a very precarious position if they are terminated from their job and are without medical insurance.

In summary, having a health and medical insurance is important as a security blanket that you need to buy but hope never to have to use. A health plan will give you the necessary assurance that you have the finances when the need arises.

Business Travelers Hotels

Not every hotel is geared for business travelers. Some are simply meant for holiday travelers, and focus on leisure features. Some hotels offer rooms geared for business travelers, with a stress on committed work areas. Once you’ve found a potential hotel, call the front desk directly and speak to the concierge or to a well-informed front desk clerk. Inquire about the facilities provided by the hotel such as internet accessibility, conference rooms; transportation etc. if the hotel has the features out lined below then you will definitely have a successful business trip.

Essential features of a great business:

Location: Hotels that are positioned near an airport or located in a city’s business quarter generally cater to business travelers. Airport hotels rarely offer views, but they make up for it with expedient location. Location is why many recruiters characteristically plan interviews in airport hotels. It is easier to fly in, meet numerous applicants, do some work in the business center, and fly back home.

Internet Access in the Room: Most hotels offer some form of Internet access whether it’s use of the business center’s computer, high-speed access in the room, or wireless. The business travelers need to know where the next high-speed Internet fix is coming from, so he can stay productive on the road.

Speedy, Customer Service: Hotel specialists are in the business of providing good customer care. Business hotels make the important difference of offering good customer care quickly and proficiently. A guest’s requirements must be met speedily so that he or she can concentrate on the professional reasons they are there primarily.

Business centre: It is absolutely a must for a hotel to have this facility. It should also be equipped with the latest technologies and state-of-the-art office equipment, services include tele-videoconferencing, high-speed Internet access, high-speed duplicating, printing, colour printing, colour copying, scanning and document processing, as well as courier, secretarial services, telex and fax.

Conference Rooms: Conference rooms or boardroom and a meeting room are a must if you plan to hold meetings seminars, promotions and exhibitions. These rooms must be equipped with audio + video conferencing facilities.

Easy Transportation: Business travelers need to be places punctually and with minimum hassle. Good business hotels more often than not offer transportation shuttles to all key business areas, or aid travelers with hiring taxis or private cars.

Restaurants & Bar: Business travelers need to be able to have the facilities of in hotel restaurants, to be able to meet associates over drinks, lunch or dinner. It’s best to have at least two types of specialty cuisine restaurants and a bar in the hotel itself.

100% Effort:Good business hotels allow travelers to concentrate on their jobs by working out the small and big stuff (taking care of problems like misplaced luggage etc.). The extra level of service in a good hotel is a boon to the traveler.

Business Travel – Hotel Rooms Go Hi-Tech

The veteran road warrior must have been in this scenario at one point or another, but picture this anyway. You are in town for yet another meeting; it must be the nth time you have been here this year. Whenever you are in town, you stay in this particular hotel because you like it there. Because you are already a familiar face at the hotel and have booked your stay prior to arriving there, the hotel staff greet you very warmly and refer to you by your name. The bellhop escorts you to your room, and upon opening the door, you are automatically greeted by the room’s sound system with your favorite number from that old Randy Crawford album at just the right volume. Your eyes are sensitive to light, so you are surprised to find the lights of your room dimmed to the proper degree that will not hurt your eyes. The room is the exact temperature you would have it: cold, but not too cold. The mini-bar carries your favorite brand of soda and a stash of your favorite black chocolates.

You still have a few hours before you meet your colleagues for dinner, so you decide to rest and freshen up. The water in the shower is deliciously warm and the soaps, shampoos and toiletry are exactly the brands that you prefer using even at home. While you dress, you turn the TV on in the hopes that the hotel may have the channel that airs your favorite early evening comedy. Lo and behold! They have it, so you giggle at the characters’ antics while you prepare yourself for that dinner with the colleagues.

How did the hotel know all the preferences of their guest? It is simple: the room the guest stays in is “smart,” meaning it is wired with sensors that feed the hotel’s central computer inputs as to what temperature the guest set the air conditioner and the water heater, how dim the lights, the repertoire on the sound system, the channels watched, the food taken from the mini-bar, among other things. The central computer stores this data so upon the guest’s return, he or she will have a room that will be to his or her exact liking.

To quote this article from the International Herald Tribune:

“The backbones of these smart rooms are the data networks that hotels are installing to carry phone calls, video and Internet connections.

These networks, for example, make it possible for hotels to offer Internet TV services that store programs and let guests watch shows on demand. (A guest from Chicago, for example, could watch a Cubs baseball game in London as easily as in Tokyo.)

These networks also allow hotels to connect the lights, air-conditioners and other room devices to a central computer so they can be remotely monitored or controlled.”

Neat, isn’t it? The issue of the guests’ privacy was, of course, brought up, but hotels give their assurance that they only use the data they have gathered to serve their guests in a better manner.

SOURCE: Author’s blog: http://biz-trips.info/

Anna Lynn C. Sibal has worked with traveling business executives for the past seven years, providing them with close personal and administrative assistance. Along with her innate interest in travel, this experience has given her many insights on how traveling executives think and what they need.

Anne is a journalism graduate from the University of the Philippines, the leading state university of that country, as well as one of the premier academic institutions in Southeast Asia. Aside from travel, Anne also displays a keen interst in literature, the cinema and the Internet. She has written and contributed actively to various student publications and has managed an in-house publication for a real estate association in the Philippines. She has also won an award for her screenplay from the Film Development Foundation of the Philippines in 2001.