Demystifying Insurance: Breaking Down Complex Terms and Policies!

In today's world, insurance is an essential component of financial planning and risk management. However, the intricate language, numerous options, and varying terms can make it a daunting subject to navigate.

This session will break down these barriers, providing you with a clear and concise understanding of insurance policies. By the end of this webinar, you will have a solid foundation in understanding insurance policies, enabling you to make confident and informed decisions.

Join us for this information-packed webinar by industry expert speaker, Lynn M. Anderanin, CPC, CPPM, CPMA, CPC-I, COSC, designed to demystify the complexities of insurance and empower you with the knowledge to make informed decisions. Whether you're a seasoned professional in the insurance industry or a business owner seeking to protect your assets, this webinar is tailored to meet your needs.

Webinar Objectives

• Understanding Insurance Policies: Break down complex insurance jargon and terms to help participants easily understand different types of coverage and what is included or excluded.
• Managing Insurance Claims: Provide clear guidance on how to file and manage insurance claims, work with adjusters, and secure a fair settlement.
• Basic Insurance Principles: Explain the fundamental concepts of insurance, including risk management, roles of the insurer and insured, and the importance of proper coverage.
• Types of Insurance Policies: Offer detailed explanations of various insurance policies such as health, life, auto, homeowners, and business insurance to help attendees understand their purposes and coverages.
• Navigating the Claims Process: Outline the steps involved in filing and managing insurance claims, teaching participants how to effectively navigate the process and achieve a fair outcome.

Webinar Agenda

• Introduction & Overview
• The Fundamentals of Insurance
  • Simplify and explain core concepts of insurance.
  • Discuss risk management.
  • Explain the roles of insurer and insured.
  • Highlight the importance of coverage.
• Types of Insurance Policies
  • Overview of various insurance types (health, life, auto, homeowners, business).
  • Explain the purpose and coverage of each type.
• Key Terminology and Concepts
  • Clarify common insurance terms like premiums, deductibles, exclusions, endorsements, and policy limits.
• Managing Insurance Claims
  • Explain the claims process step-by-step.
  • Describe how to report a claim.
  • Discuss working with adjusters.
  • Provide tips to ensure a fair settlement.

Webinar Highlights

• The Fundamentals of Insurance: Gain insight into the basic principles of insurance, including risk management, the role of the insurer and insured, and the importance of coverage.
• Types of Insurance Policies: Explore the different types of health insurance policies available. 
• Key Terminology and Concepts: Familiarize yourself with common insurance terms and concepts, such as premiums, deductibles, exclusions, endorsements, and policy limits. Understand how these elements affect your coverage and costs.
• Claims Process and Management: Understand the steps involved in filing a claim
• Learn how each type of policy works and what it covers.

Who Should Attend

• Billers & Coders
• Managers & Supervisors
• Accounts Receivable Staff
• Payment Posters
• Prior Authorization Staff
• Front desk receptionists
• Call Center Schedulers