article thumbnail

Is Your Health Insurer Breaking the Law?

NonProfit Quarterly

Image credit: AntonioGuillem on istock.com Despite hundreds of state laws meant to protect health insurance consumers—patients, in other words—from denials of legitimate claims for coverage, health insurers are routinely flouting these laws and illegally denying coverage in even life-threatening situations.

Insurance 104
article thumbnail

How to Restore Community Economies: Reestablishing the Right to Associate

NonProfit Quarterly

These farmers also successfully advocated for a system of federally backed cooperative banks and joined together to form farmer-owned insurance pools, allowing agriculture cooperatives to form, including prominent brands like Land O’Lakes and Ocean Spray. Before the Affordable Care Act, it was the only good option for health insurance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Private Equity and Wheelchair Services: How to Address a National Crisis

NonProfit Quarterly

In Connecticut, despite a 2024 law mandating a 10-business-day deadline and eliminating prior authorization for wheelchair repairs, many users continue to experience significant delays. The confusion about when the repair deadline countdown beginswhether from initial request or after insurance approvalhas exacerbated these service issues.

Medical 63
article thumbnail

Driving Without a Safety Net: How Nonprofits Are Helping People Recover from Car Accidents

Nonprofit Marketing Insights by GlobalOwls

For those without insurance, the consequences can be even more devastating. While laws and penalties exist to encourage insurance coverage, they often fail to address the root causesfinancial hardship, lack of awareness, and systemic barriers. Without insurance, accident victims often have little recourse.

article thumbnail

Banking and Community: A Conversation with Oscar Perry Abello

NonProfit Quarterly

The FDIC [Federal Deposit Insurance Corporation] has a definition, which allows me to say how many local community banks we had in 1984 and how many we have today. For the bank, federally insured deposits are the cheapest capital around, cheaper than the rates the US government itself borrows at. That is required by law.

article thumbnail

The Next Generation of Mutualism

Stanford Social Innovation Review

To ensure mutualism thrives in the next generation, communities need laws, regulations, practices, and capital markets that encourage solidarity and investment outside of any given silo. CDFIs should be expanded to include a wider range of mutualists like unions, cooperatives, mutual banks, and mutual insurance companies.

article thumbnail

5 Strategies To Keep Your Office Safe

The NonProfit Times

Hired local law enforcement – Highly trained security who are experienced in handling a weapon in high-intensity situations. Make sure your contract ensures they will assume liability for their actions and that the contractor is adequately insured and names your organization as an additional insured on their policies.