Vietnamese workers in Saudi Arabia should avoid public places

Insurance company: It is recommended by the Department of Overseas Labor Management (Ministry of Labour, Invalids and Social Affairs) has sent to Vietnamese labors who are working in Saudi Arabia. This recommendation came after the unstable security situation in Saudi Arabia.

On July 4^th , as a report of the department of foreign labor, a number of suicide bombings have occurred in the mosque in the city of Madinah, Qatif and near the US Consulate in Jeddah city of Saudi Arabia. The bombing has caused casualties among security personnel 14 local and some civilians.

Comments by the Saudi authorities, the attacks are on crowded places,, for the purpose of causing injury, creating panic psychological instability.

None one of an embassies in Saudi Arabia has made any special warning for their citizens. According to the Department of Overseas Labor Management: The ability of Vietnamese labor casualties cases bombing occurred is not high. Since Vietnamese labors are non-Muslim, should not come to the mosque as well as the base of the West.

Insurance company: However, to ensure safety, the Department of Overseas Labor Management recommends laborers to work in Saudi Arabia: Restrictions to crowded places, public places could be targets of terrorism; not involved foreign organizations operating in Saudi Arabia in any form, including humanitarian activities, dissemination of culture, religion

Insurance company: In particular, all of enterprises that sending laborers to work in Saudi Arabia need to add the following note: Putting the above recommendations on the content of training for workers before, enterprise / staff representatives of the bussinesses in to manage and closely monitor the situation of the employees work, have plans for dealing with the emergency.

Insurance company: Social insurance debt that damages Vietnamese laborers

Insurance company: For the processing and handling of the case before the Jan 1th 2016, the court decides to suspend the resolution of the case, returns the petition and guides the implementation of the provisions of the Labor Law, social Insurance Law and the Law on Handling of administrative violations. Thus, responsibility to protect the rights of workers (employees) from social insurance debt of business will be made by trade union organizations to receive.

Insurance company: Ms. Nguyen Thi Thu, Deputy Director of the HCM City Social Insurance, said the implementation of the Supreme People's text, for the first time, social insurance HCM City will coordinate with the HCMC Labor Federation in supporting organizations in terms of procedures established colleges profile lawsuits, as well as processes and enforcement lawsuit aims to recover debts social, Health to address the legitimate rights of employees in the field of social insurance. According to Nguyen Thi Thu, courts at various levels when the suspension of cases related to the lawsuits now owe social insurance, health insurance, unemployment insurance (UI), SI HCMC encountered some difficulties. However, the recovery of the amount owed social insurance, unemployment insurance work through lawsuits brought positive results and as a basis for settlement of social insurance and unemployment insurance for employees. Since the Social Insurance Law takes effect from the date 1-1-2016, the lawsuit was delivered to the organization done colleges and social agencies to handle only administrative violations or recommendations to state agencies competent legal handling of social insurance, unemployment insurance.

Insurance company: Last time, HCMC SI also enhance collaboration with the Inspectorate of the Department of Labor - Invalids and Social Affairs on the Ho Chi Minh City bar - unit testing violates the Law on Social Insurance, Health Insurance Law, in addition to preparing the steps for specialized inspection of social insurance revenues; SI MI performed by the agency, at the same time strengthening and preparing legal documents for deliberately delaying units, social insurance evasion serious nature CSDT turn to agencies for criminal prosecution under article 214, 215, 216 of the Penal Code from the date 1-7-2016 for employers who owe social insurance, unemployment insurance.

Insurance company: About saving money for retirement in Vietnam

Insurance company: As the result of HSBC recent survey, more than 18 thousand people in 17 countries (Europe, Asia, Australia, Brazil ...) in working age is under pressure to save for retirement than before. If previous generations just need 23 years to accumulate enough to retire, the workers of today must take up to 30 years.

The survey also showed that the majority of working-age people now believe that they are not saving enough, with nearly 40% of respondents said that as if they began accumulating earlier. Nearly 30% said they should be saving more.

An alarming figures out that 1/4 of people who are working do not start saving for retirement.

Insurance company: The report also said that plans to prepare for the retirement of Vietnam workers have not been paid attention to. According to the investigation by the General Department of Population and Family Planning in 2015, more than 70% of the elderly to continue living, besides getting support from family; only 30% of elderly people have pensions or subsidies from the state budget.

Insurance company: The Ministry of Health research in 2015 also showed that health care costs for the elderly is higher than 7-10 times than the young people and they use 50% of the dose. This further underscores the necessity of planning for a quality retirement.

To have a life of leisure proactive retirement, the bank's experts recommend that everyone should take the following actions:

1. When planning for retirement, first need to list all your spending needs in retirement.

2. Planning for retirement savings earlier to help you build greater financial funds and have more time to source funds profitably.

3. You can find information, tips on saving for retirement from multiple sources, but necessary to ensure that the professional consultants and reliable.

4. Be prepared for the unexpected financial changes. When saving for retirement in trouble, please review the financial condition of the patient and seek alternative savings methods, to help you continue to plan towards a fulfilling retirement life .

Sickness entitlement procedures of social insurance

Insurance company: IEC certification for sick leave granting to enjoy the social insurance based only depends on the health status of the patient.

Q: I have a medical examination at the district hospital in the city. Ho Chi Minh City, a doctor admitted 5 days leave granted for enjoying social insurance. Then I go home and re-examination convalescence in a hospital in the city of Vung Tau, Ba Ria - Vung Tau.

After examining, I gave them the health insurance card, and I also asked to off some more days because I still felt tired. However, doctors do not grant sick leave to explore the reasons I left and did not produce the online health insurance since procedures. So did the doctor resolve that problem in a right way?

Thank you for sending your questions to the page of the Life Counselling & Legal newspaper. With your question, please be offering advisory opinion as follows:

Insurance company: The doctor at the hospital in Vung Tau city, Ba Ria-Vung Tau province is not granted sick leave that are entitled to social care for patients is wrong because of the left line and not presenting the health insurance card when entering information procedures. The reason is the granting of sick leave certificates to enjoy the social insurance only depends on the health status of the patient. It does not involve the case that the patient has health insurance or not.

Insurance company: Under the guidance information recorded on sick leave paper which is entitled to social insurance, in line 2 Model C65-HD1; C65-HD2 is clearly directed only records the patient's health insurance card number, if the person is not the health insurance card or health insurance card is yet to be clearly labeled as "not the health insurance" or "not yet issued health insurance cards."

Sicknesses enjoy social insurance

Conditions entitled to sickness:

1. Laborers specified at Points a, b, c, d, e, Clause 1 and Clause 2, Article 2 point b of the Decree 115/2015 / ND-CP are entitled to sickness in the following cases:

 - The employee illnesses and accidents which are not occupational accidents or treatment of injury, disease recurrence due to labor accidents and occupational diseases have to quit and be certified by the medical facility, competent medical treatment prescribed by the Ministry of Health.

- The employee must take leave to care for a child under age 07 who get sick and be certified by the medical facility, competent treatment.

- Women workers go to work before the expiration of maternity leave, but in one of the cases provided for in points a and b of this paragraph.

2. Do not settle sickness regime for the following cases:

- The employee illnesses and accidents must leave due to health self-destructive, because drunk or using drugs, drug precursors.

- Workers leave the first treatment labor accidents and occupational diseases.

- The employee illnesses and accidents which are not occupational accidents while on leave every year, leave for personal reasons, leave without pay under the provisions of the labor law; leave under the maternity regime as prescribed by the law on social insurance.

Do we need to have lots of money to buy insurance?

Insurance company:  It is one of the questions that the experts aimed to answer online at the meeting called "Life Insurance - When to buy?" by Tuoi Tre and Manulife, a life insurance company held on May 31^st 2016.

Answering a question from a reader (27 years old) that how old should we start thinking about buying life insurance? Mr. The Loc Tran, deputy director of the professional block Manulife VN, said life insurance products is usually designed according to two criteria: protection and savings, including protective factors which play a major role.

Insurance company: Meanwhile, any age should be protected. The breadwinner increasingly needs to join life insurance because of the unfortunate case of having problems. Loved ones will receive the benefits, help stabilize families. The appropriate age to buy insurance is depending on the circumstances and needs of each individual, such as income or the need to protect the buyers themselves, relatives, etc.

To the question how much income they can buy insurance, Mr. Vo Van Dung - Director in charge of Manulife communications and marketing - said the funds to spend from 600,000 VND / month (equivalent to VND 20,000 each day) are able to participate in life insurance at Manulife.\

"We have a lot of life insurance products to meet the diverse needs of customers, from the contract up to tens of billions to the contract only a few tens of million" - Mr. Dung said.

However, many readers commented that the insured person received the contract only after paying, not fully clear which items they've bought, insurance companies put a fait accompli. With such those questions, Mr. Loc confirmed after the contract was issued, the insurance company also has time for customers to consider before joining.

For example, at Manulife, customers will have 21 days after receiving the contract to consider and reconsider the entire terms of benefits. "Customers have the right to refuse to participate in the contract if you disagree with any of the terms, in which case the company will refund fees already paid the first guests" - Mr. Loc said.

According to Mr. Loc, from September 6^th 2016, Manulife will deploy electronic contract services (when the contract is issued, the entire contents will be sent to the personal e-mail client, and is updating electronic information page "ManuConnect". Customers can actively refer contract contents before forwarding agents contracted by the paper.

Deploying fast payment of insurance benefits

Insurance company: With fears to buy life insurance is very easy but very difficult to claim for compensation due to cumbersome procedures, Mr. Loc Tran The said that customer can refer to the procedures required in the settlement of insurance contracts or call the hotline of the company or agent for specific instructions.

In particular, according to Mr. Loc, the company implemented the program of fast payment of insurance benefits for 30 minutes after the customer submits a complete dossier at the customer service desk. Meanwhile, the lawyer Nguyen Van Hau also confirmed many customers successfully sued the insurance claim money in the dispute over the insurance contract.

Concerns about healthcare insurance

Healthcare insurance remains its role in bringing major profit to many general insurance companies. Moreover, healthcare insurance products are assessed to have positive increasing rate. However, general insurance companies still concern about this kind of product.

Concerns about healthcare insurance

Healthcare insurance – protection for you life

Why you need healthcare insurance? There are many unexpected risks in this modern life, so the priority in contemporary families is to protect their beloved ones. Learn more about healthcare insurance and know what you get from this product.

Healthcare insurance – protection for you life

More chances for healthcare insurance when hospital fee increases

Healthcare insurance is the product that contributes to major profit of both life and non-life insurance companies. In recent years, healthcare insurance has attracted more and more customers.

More chances for healthcare insurance when hospital fee increases

5 notes when buying healthcare insurance (P2)

To make decisions choosing the insurance company, you should establish a comparative table consists of the following elements:

5 notes when buying healthcare insurance (P2)

5 notes when buying healthcare insurance (P1)

Everyone knows that without health, everything becomes meaningless. Buying healthcare insurance is a means of protecting both physical health and your financial health. However, before deciding to buy healthcare insurance, you should note the following.

5 notes when buying healthcare insurance (P1)

Healthcare insurance: More products

Currently, in Vietnam, there are many hospitals, companies offering healthcare insurance products.Life insurance company sells health care insurance and the main pack while non-life insurance company makes healthcare insurance fees separate each year . Customers can change service providers if not satisfied with the current ones.

Healthcare insurance: More products

Medicare health insurance: The happiness and what we should worry about?

Medicare health insurance and personal accident insurance continue to be the second filed to bring revenue to the non-life insurance company. It’s not the all of everything. The healthcare insurance and medicare health insuranceproducts have been evaluated with a very good growth. However, so many insurers still worry for this product.

According to the Vietnam Insurance Association, the first 6 months of 2015, total revenue premiums of the health care market reached over 866 billion VND.

There are 19 enterprises have engaged in providing insurance products, but separate 4 leading insurer which included LIBERTY accounted for 91.4% of total revenue. Health insurance and medicare health insurance have earned positive results not only because some insurers choose this product as one of the “spearhead” of retail, in fact, people have really concerned about their health.

Not only asking information via dealers, the number of customers asking about health insurance on Facebook is increasing. Representatives of the insurance company Liberty said that in 2014, on average each month only a few people asked about health insurance through Facebook of Liberty, but the first 6 months of this year, almost every day someone asked.

In Vietnam’s insurance market, insurance sales online have been invested by some insurance companies, such as Liberty, etc. Those wishing to buyMedicare health insurance just need to visit the company’s web site. As a result, they are provided sufficient information about the product, the insurance rules, application forms, fees, or hospital system to accept insurance cards, etc. The only issue to consider is to choose the appropriate product to protect the health needs of individual customers.

Representatives of insurance companies have a large share of the Medicare health insurance field said that revenues of health insurance grew rapidly because more and more businesses buy insurance for officers and staffs.  Health insurance sooner becomes a policy in the ensure benefits for employees. Also, there is another reason that some insurance companies tends to increase compensation paid because the compensation rate is now raising everyday. For the “wholesale” of health insurance, insurance companies focus on customers whom are businesses, non-governmental organizations…

Not only the growth in business customer segment, today, is Medicare health insurance becoming a favorite of parents, especially those families whose children are sick, hospitalized frequently. Indeed, there were many families that have substantial savings in hospital costs for children, thanks to the purchase of health insurance and periodic soon.

However, Vietnam still think that buying “insurance to use”, rather than “buy insurance for peace of mind”, so health insurance segment individuals / families often have a higher rate of compensation than enterprise customers.

 Representing of some insurer admitted that individual customers have purchased Medicare health insurance only when they feel the need to use health services increased as: buy health insurance for their little child or elderly parents, buying when preparing Maternity, etc. Therefore, some insurers are focusing on selling health insurance for businesses, and tightened terms and increased fees for products sold to individuals.

 For the “wholesale”, an industry expert said that the sale of insurance for businesses that have many employees in reproductive age of women may cause the insurance company to pay more than usual. According to preliminary statistics of the Association of Insurers, general compensation rate of the first 6 months of operations in 2015 was about 40%.

 Besides the fun for the growth of this business, insurance companies are still concerned because medicare health insurance has high business profit rate is, ranging from simple cases to complex extractions magazine as childbirth, surgery…

The insurance companies have some form of statistical self-seeking customers or primarily use and insurance companies is difficult to control at all, that is: the assured collaboration with health facilities / doctors do not record honestly; coordinate with drugstore to earn money, do not buy drugs to treat but to buy bills for payment; dishonest declaration of risk and distorted facts in the record, such accidents in traffic by using stimulants but the insured declared in the statement that accident Living at home …

“The problems with insurance fraud in this area still exist today, if not somewhat more serious than before,” represent from an insurance company shares.

Medicare health insurance: The belief in life

In the dynamic business world today, the workers have to work in an environment of dust, pollution and facing to many new and complex risks. One of them is the issue of health protection for members of the business, because it has a huge influence on the development of the business.Understanding this issue, most of the insurance companies in Vietnam have launched a new product and plan to give customers a medicare health insurance plan which is suitable and flexible for all types of businesses. In particular, the relatives of employees in enterprises also can join this insurance program. This gives members of those companies the peace of mind for working and conscientious dedication.

This is a medicare health insurance plan that appears in HCM that FPIC provides enterprise with comprehensive and flexible protection purposes for everyone in the enterprise with a most reasonable expenditure.

Advantage s:

- The cost of insuring is reasonable and flexible with each company.

- Interest for inpatient up to 600 million / year.

- Comprehensive Medicare health Insurance: life, illness, maternity, 24/24 accidents.

- National and optional hospital treatment clinics.

- Guarantying payment of medical expenses for inpatient care at hospitals affiliated.

- Payment of medical expenses and maternity flexibility.

- Only 280 day waiting for the time of maternity

Objects:

Enterprises purchase Medicare health insurance for employees is whom are people of Vietnam and foreigners (residence in Vietnam 06 months) from 12 months to 65 years old can participate in this program (the relatives of employees can participate this type of insurance together). The number of participants in a contract: A minimum of 5 people

(Being able to participate more for the employees of the enterprise)

Age of participants: 01-65 years old.

Term of insurance: 12 months.

Nowadays, medicare health insurance is one of the most common products to Vietnamese. Like an investment for a long term of studying, insurance is becoming the most issue that people in the modern time have to think about it. At least, insurance can support the insured from a quarter to a half of the treatment fee when they get any accidents or risks. This is an intelligent preparation for your future and your family future. We should buy insurance for the parents first of all. Because, when then parents get troubles one day, they will have an amount of money from the insurance company and their child can continue their life even of what will happen then.

Why we should buy Medicare health insurance for the whole family?

So, what do you know about medicare health insurance for the family or what is the Medicare health insurance? Buying health insurance for the family gives you which kind of the benefit? Let’s consult the following:

Buying health insurance for the family to share the risk

Life always contains a lot of the risks and the unexpected, there is no way we can completely eliminate the risk of our life. What we should and have to do is to prepare and to share them.

Buying insurance is such a way of sharing these risks, because when you give a monthly amount to pay for your medicare health insurance, that money is not wasted entirely. It’s what you are saving for the risks which can suddenly arrive. Buying health insurance for the family is the best solution to avoid the most absolute risks, because the disease is no exception. When any member of your family is sick, it is also an extremely regrettable, without insurance, you not only need to take care for that members, but also financial issues. Finance for treatment is a not a small problem.

Caring for the family by purchasing the family medicare health insurance

Any wishes of everyone is having a happy family to become more stronger when struggling with any challenges of their life. Therefore, peaceful family with all healthy members is what we are still hoping for more than ever. Anyone in the family is always trying their best to get the best possible care for other family members, especially  their parents. But even if you take care as the best as what you can, you would not be able to get 100% can be assured that illness will stay away from them. That’s why many people choose to buymedicare health insurance for the whole family. This form of insurance express your care for all members of the family, help you to be assured of working and having leisure for a thorough preparation for the potential risk out.

The costs of medicare health insurance premiums for families can be higher than the health insurance premiums normally, but in return you will be able to secure more for the future of all the members of your family. Especially when the adult is the breadwinner of the family that fell ill, this would give others members the remaining members in the family a burden of not just worrying about financing treatment cost, but also taking care of the sickness. But if you have medicare health insurance premiums for families, this will not be a big problem anymore, because you already have home insurance cost sharing for their treatment. All the things you and your family members should do is to take care of the other members with all the love. Wish your family stay happy!