The American Council of Life Insurers (ACLI) senior vice president of Policy Development, Paul Graham, recently responded to the social media news which suggested COVID-19 vaccines could be a factor a life insurer considers in the claims-paying process.
Recently, information has been spread on social media about the COVID-19 vaccines and life insurance.
The American Council of Life Insurers (ACLI) senior vice president of Policy Development, Paul Graham, recently responded to the information saying it is false.
According to a release, a social media post shared the false information discussing how COVID-19 vaccines could be a factor a life insurer considers in the claims-paying process.
Graham said life insurers don't consider whether or not a policyholder has received a COVID vaccine when deciding whether to pay a claim.
"Life insurance policy contracts are very clear on how policies work, and what cause, if any, might lead to the denial of a benefit," he said. "A vaccine for COVID-19 is not one of them. Policyholders should rest assured that nothing has changed in the claims-paying process as a result of COVID-19 vaccinations."
For further questions or concerns, it's recommended policyholders reach out to their life insurers, agents or financial professionals for their COVID-related questions.
2024 Emerging Leaders in Healthcare — Submit For a Chance to Be Featured in MHE's August Issue
April 24th 2024MHE Editors are seeking diverse healthcare professionals from different backgrounds and healthcare sectors, with individual interests. Eligible candidates are early or mid-career leaders with less than 10 years of experience. Award winners will enjoy complimentary passes to the PBMI Annual National Meeting in Orlando, Florida, from Sept. 4-6. Additional perks include a feature in our August issue, a subscription to MHE and more!
Read More
DC Roundtable: Patrick Cooney of The Federal Group Drops the Latest on PBM Legislation in Washington
April 11th 2024In this episode of "DC Roundtable," Peter Wehrwein, managing editor of Managed Healthcare Executive, spoke with Patrick Cooney, president of The Federal Group, a lobbying and strategic planning firm in Washington, D.C., about recent developments in Washington concerning PBMs.
Listen
Personal Health Information was Released in Change Healthcare Hack
April 23rd 2024UnitedHealth has found 22 screenshots, allegedly from Change Healthcare files, that were posted for about a week on the dark web. Some of these contained personal health information. The extent of data release is not yet known.
Read More