They went so far as to go on record with the Texas Insurance Commissioner, promising that such a law would go a long way towards reducing the malpractice premiums they charged physicians, thereby reducing the cost of medical care to the consumer.
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The program was aimed at spurring the economy by lowering longer-term interest rates of Japanese government bonds and reducing risk premiums on corporate bonds.
More and more companies are offering financial wellness programs as part of their overall employee wellness programs, and they may actually PAY you to participate or give you a discount on health insurance premiums-knowing that reducing your financial stress ultimately helps your overall health.
Miguel and Linda Delgado created a fake entity to hide staff at their San Antonio, Tex. janitorial outfit, Border Maintenance Services, thereby reducing workers' comp premiums, says a suit filed by its insurer, Texas Mutual.
Charles Yi, 62, stands accused of underreporting the number of employees on his payroll as a way of reducing his workers' comp premiums.
According to a recent nationwide survey by medical software company Epocrates of nearly 600 physicians on the increasing rate of obesity in America, 58% said they believe higher health premiums for overweight adults would have a significant impact on reducing obesity.
Linsey White, of the Association of British Insurers, said proposals to help reduce insurance premiums included introducing a minimum one year learner driver period and reducing the number of young passengers new drivers can carry.
For example, people who are obese have health care costs that are 39 percent above average, and reducing obesity and the diseases related to it could lower premiums overall by 0.05 to 0.1 percent.
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Insurance premiums will go up, though some companies will combat this by increasing their deductibles or reducing coverage.
He said reducing road accidents involving young people would bring down the cost of everyone's insurance premiums and prevent "a lot of the fatalities on our roads".
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