10 Feb 2018

Types of Medical Underwriting- Moratorium Vs. Full

Have you heard the terms full or moratorium when exploring more about medical underwriting? Ever wondered what they are. We’ll tell you in a jiffy. But first, let us tell you what medical underwriting is. In simple terms, it is a process used by health insurers to decide the price and terms of insurance policies. The process is done by analyzing current and anticipated medical needs of a person.

What is Moratorium Underwriting?

It includes setting a waiting period for pre-existing medical conditions to limit the risk to an insurance provider. This is a good method that helps insurers to keep premiums affordable for members of a plan. A moratorium will not include any pre-existing health conditions for a set period of time, usually two years. After that period ends, it may cover health conditions that come after.

Let’s take an example

If Roger has been suffering from eczema 24 months before his plan started, this disease and any recurring expenses won’t be covered until Roger is free of symptoms and treatment for 24 months after the start day of Roger’s plan.

What is Full Medical Underwriting?

As the name suggests, it involves full disclosure of any and all medical conditions and history by the insurance seeker via a full declaration. The insurance company will then decide whether it can cover those health conditions or not. The underwriting process is somewhat complex and the premiums are high if you have several medical issues or a family history of many health issues and the insurer covers it.

In many cases, the insurer would agree to cover only a few health conditions and, in many cases, the insurer will simply decline to cover any of those. If special terms are applied in your case, it will be visible on your certificate of insurance and the cover will usually be governed by terms and conditions and benefits of your plan.

Moratorium Vs. Full Underwriting: Which One Should You Select?

The choice depends on many factors. Some of them are:

  • Your medical history
  • Your current medical condition
  • Any other medical condition you might be vulnerable to
  • Your personal choice
  • Your finances

We suggest that you talk to an expert or an advisor regarding which option is best for your situation as there is no “one size fits all” solution here. The other option is to contact different insurers yourself and decide what method meets your needs.

Now, if you are interested in hiring top medical underwriters, contact Win Healthcare. We have a team of experts who can create amazing content on the basis of facts and data so that insurance doesn’t cost you too much!

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07 Feb 2018

Medical Writing Vs. Scientific Writing

People often make the mistake of thinking that medical writing and scientific writing are synonymous. Guys, they are really not! The process of creating content, it’s structure, and the abilities needed to do either of these are totally different. Scroll down to know more!

Understanding Scientific Writing

As the name denotes, scientific writing is all about basic sciences, technological information, and drugs for common readers. It is usually found in the medical news, marketing material, articles, and academic content such as regulatory documents and journals.

In life sciences industry, it deals with different aspects of science such as discoveries and innovations in biotech and pharmaceutical industry, synthesis of different chemicals and different novel theories and mechanisms.

Scientific content developers not only create content for people who understand the jargon and belong to the scientific community, but they also create content for the general public who might want to know what’s happening in the world of science.

Sometimes, these writers also assume the role of medical journalists by relating science to broad social problems like the need for better healthcare practice, nutrition and food sanitization, nuclear power safety, etc.

Understanding Medical Writing

It includes creating clinical and scientific documents in a comprehensive, standard, convincing and skilled manner. It also includes creating content in such a manner that a layperson can easily understand and grasp. This process makes content more organized, easily readable and efficient. It is often used while creating a therapeutic product. It is also required when sorting medical data into a readable format.

Three Key Types

  • Regulatory
  • Educational
  • Medico-Marketing

Medical Writing Vs. Scientific Writing

The former is a more specialized area of scientific writing while the latter involves creating content about science no matter whether it’s about physics, chemistry or medicine among others.

In essence, all medical writers are science writers, but all science writers are not medical writers.

The scope of the former is confined to health and medicine only while the latter includes everything from medicine to biology and physics to chemistry among others.

Now that you have learned about medical writing, it’s time for you to consider hiring medical writers from Win Healthcare. We have a team of professionals that can handle any task with perfection while meeting client instructions. As deadlines are sacred for us, we never miss them and often beat them. You can also trust us to perform magnificently and consistently over a long period.

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09 Jan 2018

Ask 5 Questions Before Hiring a Medical Data Management Firm

Outsourcing medical data management is not a big deal now. Every other insurance company, lawyer or even a medical facility does that to ensure that data is correctly organized, and categorized so that it makes sense. If you are also considering hiring an outsourcing partner, you should ask an outsourcing firm a few questions to judge its capabilities. Here they are:

Have You Got Any Experience?

Though hiring a new company would seem like an attractive option because of the fact that it would be considerably cheaper than an experienced one, your focus should be on hiring a company that has got some experience of medical data management and doesn’t need you to guide them at every step. Hiring a company with experience will also ensure that you get the precise results you want in a timely manner.

Are You HIPAA Compliant?

Even if the answer is yes, you should dig deeper and ensure that they know of all the HIPAA regulations and follow them to the letter. You can also hire an expert to judge whether the company is totally HIPAA compliant or not. It’s the issue of not only the law but your patients’ medical data privacy as well. Never take it lightly. You can also access their security shields and their ways of destroying data to judge their adherence to HIPAA.

Who are Your Backups?

In many medical data management companies, several teams are formed to ensure that if one person is unable to handle a task, the other can take over. Make sure that the company you are hiring is not a one-man show and there are several people with medical knowledge and skills to complete your project even if the person you were assigned falls sick or takes personal leaves. You work must never suffer.

Can You Provide Any Samples/References?

It is a good idea to hire a medical data management company that can offer you sample reports. It should be able to show you how a weekly, monthly or even daily report would look like so that you can be sure the data is assorted wisely. You can also ask for references of previous clients who attest to the fact that a job will be done in the way you want.

Can You Meet All My Requirements?

Finally, you should ask a medical data management company about whether it can meet all your requirements or not. You may have added instructions like highlight specific data or create a bi-weekly report which might be different from the way it’s usually done at the firm. So, ask them whether they will be able to follow your instructions precisely or not.

If you don’t want to do all this research and just hire a reliable medical data management company, then you can trust Win Healthcare. We offer top of the line services and ensure that all projects are delivered in a timely and cost-effective manner without failing even once.  

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