NGDATA launches ‘NGDATA Inside’ Partner Program



CDP company accelerates growth with business and marketing partnerships

GHENT, BELGIUM, January 14, 2021 / — NGDATA announces its new partner program today, NGDATA Inside. The program enables Independent Software Vendors (ISVs) to scale their own digital analytics and customer experience (CX) capabilities for their customers.

By using the NGDATA Intelligent Engagement Platform (IEP) as a plug-in inside their existing solutions, ISVs will be enabled with artificial intelligence and machine learning capabilities for advanced real-time orchestration and journey analytics. This means their digital customers will benefit from a one-to-one, personalized, and relevant next best experience.

NGDATA Inside is a dedicated partner program created specifically for ISVs to scale their own capabilities and go-to-market offering to their clients and net new accounts.

“NGDATA Inside is a powerful accelerator for partners to acquire innovative capabilities in customer analytics and engagement. The program distinguishes itself from anything else in the market today as a holistic offering including strategy and go-to-market advisory on top of the technology. We’re excited to deepen our engagement with our partners through this program, which has already yielded initial success”
– Jens Ponnet, Chief Growth Officer at NGDATA

The program is full-service including technology and partner success management, and can be summarized into three key pillars:

● Platform: The NGDATA IEP delivers end-to-end capabilities to cover the data to decision lifecycle in a martech architecture by unifying predictive analytics with omnichannel orchestration.
● Solutions: The program comes with packaged industry-specific solutions to provide a fast track to market.
● Go-to-market support: NGDATA presales and solution experts provide the necessary know-how and success management to ensure that each partner succeeds in their commercial ambitions.

Please contact for more info or if interested in the NGDATA Inside program.


NGDATA lets you better engage with your customers. Our Intelligent Engagement Platform (IEP) builds sophisticated multi-attribute customer data profiles (Customer DNA™) and drives truly personalized customer experiences through real-time interaction management.

With capabilities that go beyond a standard Customer Data Platform such as in-built analytics, AI-powered capabilities and decision-making formulas, NGDATA boosts commercial success for clients by developing a deeper understanding of their customers, increasing customer lifetime value, reducing churn, and lowering cost per conversion. The intuitive UI makes it easy for business users to utilize the platform while IT and analytics retain oversight and control.

Founded in 2012, NGDATA has offices in the USA, Europe, Asia-Pacific, and has its HQ in Ghent, Belgium.

For more information about NGDATA, visit Connect with NGDATA on Facebook, Twitter and LinkedIn.

jurgen desmedt
+32 474 82 35 25
email us here
Visit us on social media:

Source: EIN Presswire

Robert K Taylor Launches Professional Website

SANGER, CALIFORNIA, UNITED STATES, January 13, 2021 / — Robert K Taylor, a highly-respected consultant in the state of California, recently launched his own personal website that highlights his career and various publications through which he has offered his professional opinion.

After working for several years as a public adjuster, Robert K Taylor redirected his career to become an insurance consultant, specializing in risk advisory.

Drawing from his well-honed communication and critical thinking skills, as well as his strong work ethic that his parents nurtured within him at a young age, Taylor has swiftly progressed in this new field and launched his new website to highlight his professional journey.

Robert K Taylor’s website summarizes his personal and professional background, sharing how he used his developed work ethic to become a critical thinker capable of solving complex problems and work with clients towards success.

Visitors can also dive into links to various publications for which Robert K Taylor has been interviewed or has lent his expertise. In the latest articles, Robert has shared his insight on why consulting is more than just giving advice and how to be a successful consultant.

For more information, please visit

About Robert K Taylor

Robert K Taylor is a former public adjuster turned Insurance consultant from Sanger, California. Throughout his career, he has developed his work ethic to become a critical thinker capable of solving complex problems and his listening skills to help direct clients. When he is not consulting, he enjoys time with his hobbies such as watching sports, playing golf, and travelling.

Robert K Taylor
Insurance Consultant
email us here

Source: EIN Presswire


Honorees championed legislation to curb high out-of-pocket costs, step therapy

WASHINGTON, DC, USA, January 13, 2021 / — Members of the State Access to Innovative Medicines (SAIM) Coalition today recognized four state lawmakers for their work to pass legislation aimed at improving patient access to prescription medications.

Assemblyman Daniel R. Benson (D-NJ-14) and Representative Mike Huval (R-LA-46) were recognized as ‘2020 Legislators of the Year’. This award is given to one lawmaker in the nation who has gone above and beyond to advance each of the SAIM Coalition’s two legislative policy
priorities: step therapy reform and controlling out-of-pocket medication costs.

Assemblyman Benson championed New Jersey Assembly Bill 2431, which ensures that out-of-pocket costs passed on to patients by their insurance company cannot exceed $150 per month for each prescription for up to a 30-day supply. The $150 cap includes coverage in Silver, Gold
and Platinum insurance plans and applies a $250 cap for the same time period for those with Bronze plans. After a nearly two-year effort, this bill was signed into law in January 2020.

Representative Huval worked closely with members of the Louisiana healthcare community to update state legislation that puts common sense regulation around the insurance industry practice known as step therapy. Step therapy occurs when a patient’s insurance company requires the patient to try and fail on one or more medications selected by the insurer before being grant coverage for the medication prescribed by the patient’s healthcare provider.
Louisiana was among the first states in the nation to pass step therapy reform more than a decade ago. Representative Huval’s legislation (HB 263), which was signed into law in June 2020, updated that law to give stronger protections to patients.

Additionally, two lawmakers were recognized with SAIM’s ‘Patient Access Champion Awards’ for their work on step therapy reform.

In Louisiana, Senator Fred Mills (LA-22) partnered with Representative Huval to pass HB 263, which is seen as one of the strongest step therapy reform laws in the country.

Massachusetts Senator Julian Cyr (D-MA-Cape and Islands), championed S.1235 which passed out of the state Senate in August and is expected to be re-introduced in 2021.

"Patients who face high out-of-pocket costs or other barriers to care such as step therapy are more likely to have worse outcomes, causing additional health concerns for them, and a potentially larger financial burden on the healthcare system, said Brian Henderson, director, state government affairs, Coalition of State Rheumatology Organizations and co-chair, SAIM Coalition. “When patients have timely, affordable access to medication, all stakeholders win."
The success of these bills is particularly notable in 2020, with the logistical challenges that the COVID-19 pandemic caused state legislatures.
“Reducing barriers to access to prescription medications is incredibly important for not only the health of our patients, but the stability and effectiveness of the healthcare system as a whole,” said Catherine Peters, director, state and local campaigns, American Cancer Society Cancer Action Network. “SAIM Coalition members work each day with patients who are facing high outof-pocket costs or step therapy. The work that these lawmakers have done to reduce that burden is to be commended and we look forward to working with them in the future on other patient-friendly legislation.”

About SAIM Coalition:
The State Access to Innovative Medicines (SAIM) Coalition, with nearly two dozen member organizations, crafts and implements comprehensive strategies to improve patients’ access to treatments. This includes developing policy positions and resources that underpin these strategies and partnering with non-member organizations at the state level to drive successful legislative, regulatory, and grassroots strategies.

Click here for a link of member organizations.

Jen Daly
Gray Media
+1 860-398-3916
email us here

Source: EIN Presswire

iNube® and Claim Genius® Launch Integrated AI & Video Claims Management Solution

Claim Genius provides near instant AI analysis of vehicle damage

Claim Genius provides near instant AI analysis of vehicle damage

Making real-time claim assessment possible

BANGALORE, INDIA, January 13, 2021 / — iNube Solutions® (, a market leader in providing comprehensive SaaS platform for P&C industry and Claim Genius® ( a leading AI InsureTech company, today announced the signing of a strategic agreement for P&C Insurance services enterprises. As part of this agreement, iNube will be bringing Claim Genius’s real time damage estimates for passenger vehicles into its suite of auto insurance claims management solution. This innovative real time AI imaging powered automated Claims Management solution with Live Video Streaming will have an integrated workflow solution to drive better efficiencies, speed, accuracy and productivity improvements for the automobile insurance services sector. Once the service is implemented, clients will be able to get an instant estimate for repair of the damaged vehicle by utilizing the initial photographs or videos of the accident vehicles in real-time.

iNube offers a futuristic technology-enabled solution that embeds Artificial Intelligence (AI) capabilities in its end-to-end auto insurance claims management solution. The one-stop-shop solution comprises of a new age digital platform for auto claims management ‘ClaimsLive Auto’, a multi-purpose, pluggable, ready-to-use ‘Live Video Streaming Platform’ and exclusive feature-rich ‘Enterprise Mobile Apps’. Each of the products in this power packed combination can be either leveraged independently or jointly and aims to empower insurance companies to provide the best-in-class services to their customers with smarter auto claims processing and quick turnaround time (TAT) of less than few minutes.

“This is new step forward in providing the comprehensive claims management platform with real-time AI claim assessments which enables a customer to get an overall repair estimate within a matter of 2 minutes resulting into significant ROI. With this partnership Claim Genius will start giving assessments on Videos in addition to the photos which is a big step forward”, said Raj Pofale, founder and CEO of Claim Genius. “Claim Genius is becoming a part of the claims ecosystem by its integration with platforms like iNube. With our real-time computer vision algorithms, we are innovating the automobile claims space and making the touchless claims a reality. Claim Genius is leading the charge of this transformation through our advanced product capabilities and growing list of technology and delivery partnerships across the entire claim’s ecosystem. Today Claim Genius is working with large customers in 7 different geographies and becoming a global platform, this partnership will further enable us to scale this vision.”

Commenting on the partnership, Vinodkumar A Iyer, Chief Executive Officer, iNube Software Solutions Pvt. Ltd. said “We are pleased to partner with Claim Genius. We firmly believe that this partnership will greatly benefit insurance companies to transform auto claims processes with faster and accurate claim settlements. iNube’s ClaimsLive Auto Platform with Live Video Streaming empowered by Claim Genius’s AI engine serves as a powerful, end-to-end solution for auto claims management. It demonstrates our commitment in delivering the best-in-class technology solutions to the global automobile insurance industry with a key focus on innovation to help accelerate the pace of claims automation”

About iNube Solutions®
iNube Software Solutions Pvt. Ltd. is a leading provider of innovative Digital Insurance Solutions and a trusted & preferred technology partner for the global insurance industry. Established in the year 2010 and headquartered in Bangalore, iNube is equipped with unparalleled expertise of 250+ person years of powerful team leadership experience in the Insurance industry and IT domain. With a strong technology leadership iNube has proactively conceived, developed and implemented 25+ customer-centric, cloud-based digital insurance solutions across the insurance value chain for insurance companies, reinsurers, third party administrators (TPAs), insurance brokers and claims surveyors across Property & Casualty (P&C), Life and Health Insurance segments.

About ClaimGenius
Based in Iselin, New Jersey, USA with development centers in Nagpur & Hyderabad, Claim Genius, Inc is a rapidly emerging leader of AI-based claims solutions for the auto insurance industry. Using Claim Genius’s patent-pending image and video analysis and predictive analytics tools, carriers can provide instant damage estimates and rapid processing of claims based on uploaded accident photos from its easy-to-use mobile app. Claim Genius aims to reduce claims processing time, increase carrier profitability, and revolutionize the claims experience for insurance customers worldwide. Claim Genius Makes Touchless Claims A Reality.

Raj Pofale
Claim Genius
+1 732-546-3809

Source: EIN Presswire

Secured Communications Hires Wall Street Veteran to Lead Fundraising and Acquisitions

Christopher Pace, Director of Financial Markets & Strategy

Christopher Pace, Director of Financial Markets & Strategy

Mercury 2.0

Mercury 2.0

Christopher Pace Joins Secured Communications as Director of Financial Markets & Strategy

Having been in the venture capital business for over 20 years and seen thousands of companies over time, it was easy for me to recognize the unique opportunity that lies ahead for the company & team. ”

— Christopher Pace

SAN FRANCISCO, CA, UNITED STATES, January 13, 2021 / — Secured Communications, the global leader in safeguarding corporate communications, announces the hiring of Christopher Pace, MBA and Wall Street Veteran, as Director of Financial Markets & Strategy. Mr. Pace will spearhead the company's capital fundraising efforts, investor communications, and play a key role in executing the company's acquisition strategy.

Mr. Pace joins the firm in the early stages of the company’s premier enterprise corporate communications product, Mercury, an ultra-secure, unified platform that offers encrypted messaging, high-definition videoconferencing, audio calls, file sharing and other functionality, all in one protected ecosystem. The communications suite and 24/7 concierge level service are available to vetted enterprise customers in the healthcare, education, and financial industries.

“Battle-tested Mercury is now available to the corporate world where it is in a position to properly address and protect against the vast cybersecurity risks associated with what will be the new working normal: a combination of working in an office, from home and from anywhere in the world. With cyberattacks and intrusions a daily occurrence, organizations are in need of better communications solutions which incorporate security, ease-of-use and ultra-high quality audio and video in one platform,” stated Christopher.

He continued, “I am honored to join an innovative, highly-respected management team which has carefully built an organization and culture that provides its customers with ultra-high quality, secure communications services, as well as peace of mind. Having been in the venture capital business for over 20 years and seen thousands of companies over time, it was easy for me to recognize the unique opportunity that lies ahead for the company and team. I could not be more excited about the future.”

Robert Wilson, the company’s CEO, commented, “The cybersecurity space has undoubtedly been one of the hottest sectors for investment activity over the past year. As we enter the next stage of our rapid growth, we are happy to welcome such a seasoned professional to help us navigate the financial markets.”

Chris has over 20 years of Portfolio Management and Investor Relationship (fundraising) experience in alternative and traditional assets. Chris has built successful businesses with teams at BNY Mellon (WestLB Mellon Asset Mgt/Siguler Guff) and Rogers Casey. His expertise is in fund-raising, portfolio construction, manager selection, direct investing (co-investing). Chris has discretionary investment experience with private equity funds and companies in: venture capital, growth equity, buyouts, real assets, distressed debt, mezzanine and special situations.

He was a member of teams that raised over $1 billion in total commitments and has strong relationships with the GP and LP communities: pension funds, fund-of-funds, endowments, foundations, advisors, insurance companies, family offices and consultants. Chris has led or participated in over 60 fund and co-investment deal teams. He was a member of investment committees and that committed over $2 billion to investments.

Chris received an MBA (Finance and Marketing) from Columbia Business School and a BA in Mathematical Economics from Wesleyan University.

About Secured Communications

Secured Communications is the global leader in safeguarding communications. Developed in partnership with former senior FBI and global law enforcement leaders, the company’s suite of products protects information with the most advanced and intuitive encrypted solutions. Its platform is trusted by counterterrorism professionals, public safety agencies and vetted corporations worldwide.

Mercury, powered by Secured Communications, allows users to host ultra-secured high-definition video conferences, make secure calls, send messages, and share files seamlessly, all within a single application interface.

Secured Communications views its clients as partners and offers first class concierge support in addition to providing customization services and integrations to help them manage their most sensitive communications and stay in control of vital information. Secured Communications is HIPAA, FIPS and GDPR compliant, among others.

For more information, please visit


Keli Wilson
Secured Communications LLC.
+1 7752325093
email us here
Visit us on social media:

Overview of Mercury powered by Secured Communications – John Parkinson, President explains

Source: EIN Presswire

Financial Literacy Group LLC, Launches Affordable Digital Hybrid Financial Wellness Solution called Betterment Inc.

Financial Wellness

Employee Benefits

How Money Works

Betterment Inc., educates, informs, engages, and equips each employee with the knowledge and tools they need to take control of their financial future.

The Betterment Inc., content library houses thousands of educational financial posts, email, articles, videos, blogs, podcasts, advice, presentations, webinars, community and media appearances”

— Dr. Joseph Webb, III, Vice President of Black Wealth Consortium

SANTA MONICA, CA, UNITED STATES, January 13, 2021 / — Betterment Inc., is a progressive financial wellness solution that makes employees smarter about their finances. “Our solution includes a textbook, eBooks, online courses, with provision of debt and financial analysis. Our solution exposes employees to breakthrough financial technologies, proprietary debt reduction techniques, relieves their stress and adds to the quality of their lives,” states Ron Harris, CEO of Financial Literacy Group LLC.

“Through Betterment Inc., we deliver financial literacy, personally; in one on one meetings and through personal finance eLearning courses. These courses are developed by our team of certified educators at Finance Literacy Institute, our educational division. Much of our curriculum is based on our text book “How Money Works” and is presented in English and Spanish,” adds Harris.

The algorithm based technology pinpoints exactly where an employee is financially. The Debt to Wealth SaaS calculates a mathematical strategy that substantially shortens debt payoff time and it eliminates interest on all kinds of debt.

The app also provides an additional way to measure the actual impact and results our overall solution has on your employees lives, day to day, month to month and year over year.

Financial wellness initiatives are promoted across the organization using content that is researched and created weekly. “The Betterment Inc., content library houses thousands of educational financial posts, email, articles, videos, blogs, podcasts, advice, presentations, webinars, community and media appearances,” explains, Dr. Joseph Webb, III, Vice President of Black Wealth Consortium

The solution measures and evaluates employee engagement and participation through online survey, and KPI driven analytics. “The Betterment team participates, tracks course scores, and the financial accomplishments of participating employees, for years, if not their lifetimes,” adds Webb.

Betterment Inc, gives employees access to a large selection of debt counselors, independent financial advisors, certified financial educators, professional financial planners and experienced financial investment advisors.

The financial wellness solution is easily integrated into your current employee benefits package, we currently work with benefits brokers across the US.

“Unlike many financial wellness companies, are not associated with any financial institution, we don’t offer any loan restructuring schemes, we are consumer advocates. Our debt solution is strategic payoff and deploying proprietary debt reduction techniques while relieving employee stress and adding to the quality of their lives,” adds Harris.

Betterment Inc. developed by Financial Literacy Group LLC, is a collaboration of solution specialists, software developers, systems integrators, debt counselors, certified financial educators and experienced independent financial advisors, who are dedicated to employee wellbeing.

Financial Literacy Group LLC, is on a mission to help America close it’s wealth gap. Working with employers, we provide financial wellness solutions that level the financial literacy playing field between working class adults and financial institutions. We teach people who live on Main Street, how to manage their finances like people who work on Wall Street; one individual, one family or one small business owner at a time.

Ronald Harris
Financial Literacy Group
+1 323-419-1600
email us here

Source: EIN Presswire

Brand Drug Prices Rise Through the First Ten Days of January

108 Additional Brands Since January 1st

FAYETTEVILLE, NEW YORK, UNITED STATES, January 13, 2021 / — The pharmaceutical industry continues the trend of raising brand name drugs in January. After raising the prices of 376 brands on January 1st with an average price increase of 4.5%, manufacturers have raised the prices for 108 additional brand drugs through January 10th averaging 4.8%.

Price increases for these 108 additional drugs range from a low of 0.8% for Adakveo, used to treat pain crises in sickle cell disease, to a high of 10.0% for 3 brands; Adzenys XR-ODT, commonly used to treat ADHD, Cosmegen, used to treat different types of cancers and solid tumors, and Desoxyn, used to treat both ADHD and obesity due to overeating.

Other notable drugs taking price increases since January 2nd include Januvia, an oral diabetes medicine, averaging 4.9%, Myrbetiq, used to treat symptoms of overactive bladder, averaging 3.0%, Entresto, used in certain people with chronic heart failure, averaging 7.0%, and Durezol, used to treat swelling and pain after eye surgery, averaging 5.5%.

For more information on drug price increases on January 1st, you can find our press release on EIN Presswire here:

It is not out of the ordinary for manufacturers to continue to delay raising prices until later in January. DMD America will provide updates weekly through the end of the month.

It is important to note we used, for this analysis, the Wholesale Acquisition Cost (WAC), a list price, that is set by the drug manufacturer without taking into account rebates, insurance, and other discounts that may be available.

AnalySource® as of Jan 12, 2021 – Reprinted with permission by First Databank, Inc. All rights reserved. © 2021

* First Databank, Inc Drug Pricing Policy:

About DMD America, Inc
AnalySource® is a registered trademark and drug pricing data solution service of DMD America, Inc. Since 1996, data has been made available in cooperation with First Databank, Inc. a subsidiary of the Hearst Corporation. Our service is licensed by subscription, with global clients including biotech, pharmaceuticals, government agencies, consultancies, academia, and more.

About First Databank (FDB)
First Databank (FDB) is the leading provider of drug and medical device knowledge that helps healthcare professionals make precise decisions. We empower our information system developer partners to deliver valuable, useful, and differentiated solutions used by millions of clinicians, business associates, and patients every day. For more than four decades, our medical knowledge has helped improve patient safety, operational efficiency, and healthcare outcomes. For a complete look at our solutions and services, please visit

Eric Tedford
DMD America
+1 315-671-4208
Visit us on social media:

Source: EIN Presswire

ChartWise Medical Systems Selects SyTrue Natural Language Processing to Improve Clinical Documentation Review

SyTrue will enable NotePath Smart Chart to make the most of unstructured and structured medical records and improve the efficiency and accuracy of clinical documentation reviews and analysis.

SyTrue will enable NotePath Smart Chart to make the most of medical records and improve the efficiency and accuracy of clinical document reviews and analysis.

STATELINE, NEVADA, UNITED STATES, January 12, 2021 / — ChartWise Medical Systems, Inc. (ChartWise), a computer-assisted Clinical Documentation Integrity (CDI) company, selects SyTrue, a leading provider of clinical Natural Language Processing (NLP) to improve accuracy, efficiency, and quality of medical record reviews and analysis in client hospitals.
ChartWise integrates healthcare’s most-advanced Natural Language Processing Operating System, NLP OS™ into its NotePath™ AI-based chart review system, an innovative documentation improvement product released earlier this year. NotePath will leverage NLP OS™ to mine structured and unstructured medical records, extracting key insights alerting to clinical evidence and advice regarding diagnoses, suggestions to improve the documentation, Risk-Adjustment Factors, HCCs, Patient Safety Indicators, co-morbidities, lab result interpretation, and other information.

“The ability for SyTrue to extract accurate data across the continuum of care is critical to automate CDI. When you combine the structured data with ChartWise’s workflow and knowledge base, providers are able to realize real savings,” said Kyle Silvestro, Founder, and CEO of SyTrue. “We’re looking forward to continuing to provide ChartWise with the most accurate NLP Platform commercially available that will help improve the quality and efficiency of their clients' clinical documentation.”

Providers often struggle with incomplete or inaccurate documentation resulting in incorrect billing, reimbursement, and quality reporting. With the ability to mine unstructured and structured clinical records using NLP OS™, ChartWise can prompt CDI specialists to improve both the efficiency and accuracy of documentation to obtain appropriate reimbursements, reduce claims denials and improve quality scores.

“SyTrue’s NLP OS is a standout leader in the clinical field,” said Jon Elion, Founder and Chief Innovation Officer of ChartWise. “SyTrue met all of our requirements for first-rate NLP processing, the ability to handle high volumes of unstructured data, and a remarkable technical support team to foster ongoing collaboration.”

About SyTrue
SyTrue is built to fix our broken workflows within the healthcare system by automating healthcare’s most onerous tasks; delivering increased productivity, reduced cost and increased revenue to Health Plans and Service Providers. Health organizations consume hundreds of millions to billions of pages of clinical documentation annually. Most of this documentation is locked in unstructured formats like PDF, TIFF, DOC, etc., preventing the insights contained within them from being widely consumed and distributed to the organization. This blocks your enterprise from enjoying the exponential benefits of those insights. SyTrue is designed to solve this problem. We can consume billions of pages of clinical documentation and publish accurate insights throughout the organization providing a new enterprise view that can drive 20 different objectives rather than just one. SyTrue is used by National Health Plans to extract meaningful insights to make clinical decisions more efficient, affordable, and effective.

For more information please visit:
Kyle Silvestro
SyTrue, Inc.

About ChartWise
ChartWise Medical Systems, Inc., based in Wakefield, RI, is a healthcare software firm and the developer of ChartWise CDI, a web-based solution for Computer-Assisted Clinical Documentation Improvement. ChartWise CDI’s built-in clinical intelligence and efficient workflow assists physicians and clinical documentation specialists with increased completeness and accuracy of documentation, risk-adjustment, reimbursement and quality scores. Developed by renowned physician Jon Elion, M.D., ChartWise CDI is the only clinical documentation software that translates clinical language used by physicians into accurate diagnostic language required for documentation and reimbursement. ChartWise CDI has provided a positive ROI between five to eighteen times the cost of the software for every client who has used ChartWise CDI. ChartWise was recognized in the 2016 and 2017 Inc. 5000 List as one of America’s fastest-growing private companies, placing first among all Rhode Island-based businesses on the list each year. ChartWise has also been a KLAS award winner for the CDI software category for three consecutive years. For more information, visit

For more information please visit
Mary Cooper
ChartWise Medical Systems, Inc.

Kyle Silvestro
SyTrue, Inc.
+1 530-897-0220

SyTrue: Unleashing Medical Records For Health Plans and Providers

Source: EIN Presswire

What You’ll Pay for Medicare in 2021

Putting the Medicare Puzzle together

Do you have all the pieces?

Medicare has Many hidden costs

Medicare Seems Free until you use it

What Medicare Covers

Medicare A B C D

For Medicare premiums 2021, look for modest increases in premiums and out-of-pocket costs

There is no one best Medicare Plan, but there is a best plan for you.”

— Paul Barrett

MELVILLE, NEW YORK, UNITED STATES, January 12, 2021 / — The New Year will usher in a host of adjustments to Medicare that both new enrollees and existing beneficiaries will need to navigate. In order to get the most from your plan, it’s important to understand your out-of-pocket costs, which will vary depending on your income and the type of plan you choose. Here’s a rundown of what you can expect in 2021.

Medicare Part B Premium 2021. Although Part A, which pays for hospital care, is free for most beneficiaries, you’ll pay a monthly premium for Part B, which covers doctor visits and outpatient services. In 2021, the standard monthly premium will be $148.50, up from $144.60 in 2020.

But if you’re a high earner, you’ll pay more. Surcharges for high earners are based on adjusted gross income from two years earlier. In 2020, beneficiaries with 2018 AGI of more than $87,000 ($174,000 for married couples filing jointly) paid $202.40 to $491.60 per month for Part B. Surcharges in 2021 for beneficiaries with 2019 AGIs of more than $88,000 (more than $176,000 for married couples filing jointly) range between $207.90 and $504.90.

Medicare Part D. The average premium for Part D, which covers drug costs, will be about $30 a month in 2021. Seniors with high drug costs may run into a coverage gap, although it has been shrinking. For 2021, the gap begins when the total your plan has paid reaches $4,130, up from $4,020 in 2020. At that point, you’ll receive a 75% discount on brand-name and generic drugs. Drug manufacturers will pick up 70% of the tab, insurers will pay 5% and you’ll pay 25%. Medicare picks up most of the cost, after a small co-pay, once your out-of-pocket spending hits $6,550 (including whatever drug manufacturers paid on your behalf in the coverage gap), up from $6,350 in 2020.

Mind the gap. If you’re new to Medicare, you may be surprised to discover what it doesn’t cover. Part B pays for only 80% of doctor’s visits and other outpatient services. In addition, Medicare doesn’t cover dental care, eye appointments or hearing aids.

There are two ways to address your uncovered expenses. Medicare supplemental insurance, or medigap, policies are offered by private insurers and cover deductibles and copayments. Medigap policies are identified by letters A through N. Each policy that goes by the same letter must offer the same basic benefits, and usually the only difference is the cost.

Plan F is the most popular policy because of its comprehensive coverage, but as of 2020, Plan F (as well as Plan C) is unavailable for new enrollees. The closest substitute for Plan F is Plan G, which pays for everything that Plan F did except the Medicare Part B deductible. Monthly premiums for Plan G in 2020 ranged from $90 to $170, depending on your age and state, according to MedicareFAQ, an insurance agency that sells supplemental Medicare plans. Anyone enrolled in Medicare before 2020 can still sign up for plans F and C.

An alternative to having both traditional Medicare and a medigap plan is to enroll in a Medicare Advantage plan. Such plans provide medical and prescription drug coverage through private insurance companies. The monthly premium, in addition to Part B, varies depending on which plan you choose. The Center for Medicare and Medicaid Services estimates that the average monthly premium will be $21 in 2021, down from $23.63 in 2020. Advantage policies charge lower premiums than medigap plans but have higher deductibles and copayments, and your choice of providers may be more limited than with traditional Medicare. If you have questions regarding the Medicare options and reducing Medicare out of pocket risk, Paul Barrett Insurance Agency provides FREE Medicare consultations all year round 1-800-219-0453

Paul Barrett
Paul Barrett Insurance Services
+16315493489 ext.
email us here

Source: EIN Presswire

Working From Home During the Pandemic, the Successful Response by Takaful Malaysia's CIO

Takaful Malaysia

Patrick Wong, Chief Information Officer of Syarikat Takaful Malaysia Keluarga Berhad

Putting CyberSecurity First While Working From Home

WASHINGTON, DISTRICT OF COLUMBIA, UNITED STATES, January 12, 2021 / — The Covid-19 pandemic came as a shock to the world, forcing thousands of companies to change the way they operate amidst the lockdowns and quarantine. Syarikat Takaful Malaysia Keluarga Berhad as one of the leading Takaful Insurance operators in Malaysia was no exception even after 30 years in operation.

The mission of Takaful Malaysia is to provide insurance that exceeds customers’ expectations through operational excellence, technology-driven capabilities, product innovation, and performance-oriented culture while delivering superior shareholders’ value.

Like many other companies, Takaful Malaysia’s daily activities consisted of regular group meetings, communication and contact between employees, and socializing. However, changes had to be made to the company’s practices because of the rise of coronavirus.

Patrick Wong, Chief Information Officer of Takaful Malaysia, has been with the insurance company for 11 years. In addition to overseeing and managing the Information Technology Division of Takaful Malaysia—a team of 160 IT employees—Wong strives to align solutions implemented by the IT Division with the business’ mission, vision, and strategy. He has spent 27 years in the IT business, 24 of which were focusing on the insurance industry.

Wong stated that, while Takaful Malaysia has the capability to allow remote access but not to core systems running on AS400 platform which deem highly sensitive system. Once the Movement Control Order (lockdown) was announced, we were able to move everyone to work remotely with exception of core system access in less than two days.

One of the biggest challenges for Takaful Malaysia was its employees not having access to all of the company’s resources while working from home. Remotely accessing information has the inherent risk of exposing data on the internet, a chance Wong did not want to take even though there are several solution out there but not in compliance with the BNM Central Bank’s guideline.

For Wong, the two main concerns with transitioning to a work-from-home model were security and accessing the AS400 system. Teleworkr, a secure digital office space created by TekMonks, a Global Technology firm, helped Wong’s team to access AS400 securely for a fraction of the cost of other similar solutions.

Teleworkr has made Wong feel more secure while his employees are working remotely. With more than 500 Takaful Malaysia users now using Teleworkr, Wong says he can see a future of working from home after Covid-19.

Wong’s number one piece of advice to his counterparts in other organizations is to “work with partners you can trust” and, “most importantly, who honor their commitment. During the lockdown, UAB and TekMonks assisted us in implementing our customize work-from-Home solution which other companies weren’t able to do so. As such, we are now ready and fully complaint to allow our employees to work from anywhere.”
He prioritizes working with companies that genuinely want to grow alongside his company over those that are sales target driven. Both UAB and TekMonks fit perfectly with Takaful Malaysia’s Vision and Mission.

Komal Dureja
email us here
Visit us on social media:

Source: EIN Presswire