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By enabling citizens to stay with a single insurer for life, mandatory self-insurance would increase insurers' incentives to invest in disease prevention and long-term preventive care.
But the organization argues that adding pregnancy to the qualifying-life-event list wouldn't increase insurers' costs much — and for an interesting reason.
Just like some of the worst natural catastrophes, cyber events can cause a severe impact on businesses and economies, trigger multiple claims and dramatically increase insurers' claims costs.
Mr. Gordes now engages in similar discussions with Connecticut and other United States insurers, proposing products he feels would both increase insurers' bottom lines and reduce emission of climate-changing gases.
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The funds will enable a Lloyd's businesses, known as Trenwick Managing Agents' Syndicate 839, to sell more insurance and take advantage of price increases insurers have been putting in place since the Sept. 11 terrorist attacks.
With the number of people who are privately insured through their employer or their own policy not increasing, insurers are eager to find a new source of business.
Over the last few years, before the new wave of price increases, insurers quietly chipped away at the benefits in their home policies.
To justify rate increases, insurers will have to submit data on claims experience, projected medical costs, executive compensation and many other factors.
While Blue Shield had agreed to his request to delay the increases, insurers can go ahead and raise rates, regardless of whether they are justified.
And since the bill includes a vague plan to eventually force insurers to justify increases, insurers have extra incentive to jack up rates now while they still can.
The bad news is that although unsubsidized premiums are slightly down for next year, prices are still high because the increases insurers imposed in previous years were so large.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com