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Trip cancellation, health, accident and baggage insurance is available on an optional basis. Trip cancellation coverage provides for reimbursement of pre-paid, non-refundable travel arrangements in the event that death, accident or sickness of the insured or his/her immediate family prevents him ...

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Hillary Clinton Health Plan May Include Penalty
By Emma Johnson

Democrat Hillary Clinton, on Sunday, continued to drop vague hints about how she expected to implement her proposed health plan. She said she would consider penalizing workers who refused to buy the health coverage for Americans.

When asked by George Stephanopoulos, on the ABC's This Week, whether Clinton intended to garnish people’s wages, Clinton said, "… we will have an enforcement mechanism, whether it's that or it's some other mechanism through the tax system or automatic enrollments." She however clarified that these measures would only be aimed at workers who refused to buy health coverage even though they could afford it, thus burdening hospitals. Referring to her proposals with subsidies, she insisted, her plan would be affordable for everyone.

Clinton went on to add that the point about compulsory enforcement shifted focus from the main issue which was that her plan was superior to the one proposed by Barack Obama. Obama's plan proposed a mandate only for compulsory health for children.

The health policy is a major point of difference between the two leading Democratic candidates, and is likely to be a hot topic of debate in the days leading to Super Tuesday.

According to surveys, health care is an important concern for most Democratic voters, who rate covering the uninsured citizens as higher priority than, reducing medical costs. Clinton has argued that her plan aims at universal coverage; she has even termed this "a core Democratic value and a moral principle."

Obama, however, also says that his plan, which also depends on governmental subsidy to cut down costs, would be so affordable that it would provide coverage to any one who wished to purchase it. He criticized

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Clinton's plan compelling everyone to buy insurance, saying there would always be those who couldn't afford it." He also often questioned Clinton to explain how she would enforce her mandate.

Surveys suggest that approximately 20 percent of uninsured Americans enjoy incomes up to $75,000 or more. Clinton's plan targets such workers whose uncompensated care must be factored into medical charges and rates. However, according to a study published in the journal Health Affairs, compliance rates were diverse and greatest, when penalties were "stiff but not excessive."

Clinton however said she would not inflict fines on those who refused to buy insurance, like Obama proposed to do with for children. "We want them to have insurance," she said. “We want it to be affordable."

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Disclose commission from insurers, mutual funds: RBI to RRBs
RBI directed regional rural banks to disclose the commission they receive from mutual funds and insurers for referring their products to customers. http://economictimes.indiatimes.com/Disclose-commission-from-insurers-mutual-funds-RBI-to-RRBs/articleshow/5319610.cmshttp://economictimes.indiatimes.com/Disclose-commission-from-insurers-mutual-funds-RBI-to-RRBs/articleshow/5319610.cmsWed, 09 Dec 2009 14:10:02 GMTDisclose commission from insurers, mutual funds: RBI to RRBsDisclose commission from insurers, mutual funds: RBI to RRBsAllahabad Bank's general managers relocated to other PSBs
For the first time in this 144-year old bank?s history, two of its own general managers have been relocated as executive directors of other public sector banks.http://economictimes.indiatimes.com/Allahabad-Banks-general-managers-relocated-to-other-PSBs/articleshow/5318981.cmshttp://economictimes.indiatimes.com/Allahabad-Banks-general-managers-relocated-to-other-PSBs/articleshow/5318981.cmsWed, 09 Dec 2009 10:57:08 GMTAllahabad Bank's general managers relocated to other PSBsAllahabad Bank's general managers relocated to other PSBsPSU banks ink bond to check attrition
A host of PSBs, including Bank of Baroda, Canara Bank, Punjab National Bank and Union Bank of India, have recently introduced a practice of signing service bonds with their new recruits joining at the officer level. http://economictimes.indiatimes.com/PSU-banks-ink-bond-to-check-attrition/articleshow/5313035.cmshttp://economictimes.indiatimes.com/PSU-banks-ink-bond-to-check-attrition/articleshow/5313035.cmsTue, 08 Dec 2009 03:58:16 GMTPSU banks ink bond to check attritionPSU banks ink bond to check attritionHinduja Bank takes controlling stake in Chennai based Paterson securities
Hinduja Bank (Switzerland), part of Hindujas group on Monday said it has acquired a majority stake in the Chennai-based stock broking firm, Paterson Securities. http://economictimes.indiatimes.com/Hinduja-Bank-takes-controlling-stake-in-Chennai-based-Paterson-securities/articleshow/5311712.cmshttp://economictimes.indiatimes.com/Hinduja-Bank-takes-controlling-stake-in-Chennai-based-Paterson-securities/articleshow/5311712.cmsMon, 07 Dec 2009 14:17:38 GMTHinduja Bank takes controlling stake in Chennai based Paterson securitiesHinduja Bank takes controlling stake in Chennai based Paterson securitiesGovt to support public sector banks to merge if they want
Government will support public sector banks to merge if they wanted, provided they fulfilled RBI and SEBI guidelines, finance minister Pranab Mukherjee said on Monday.http://economictimes.indiatimes.com/Govt-to-support-public-sector-banks-to-merge-if-they-want/articleshow/5310622.cmshttp://economictimes.indiatimes.com/Govt-to-support-public-sector-banks-to-merge-if-they-want/articleshow/5310622.cmsMon, 07 Dec 2009 08:54:44 GMTGovt to support public sector banks to merge if they wantGovt to support public sector banks to merge if they wantPerformance-linked pay for PSBs from next year
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After SBI, ICICI set to get a qualified full bank licence in Singapore, a status that will allow it to open 15 branches and ATM centres.http://economictimes.indiatimes.com/ICICI-set-to-turn-local-bank-in-Singapore-too/articleshow/5309050.cmshttp://economictimes.indiatimes.com/ICICI-set-to-turn-local-bank-in-Singapore-too/articleshow/5309050.cmsSun, 06 Dec 2009 20:46:11 GMTICICI set to turn local bank in Singapore tooICICI set to turn local bank in Singapore tooSBI gets govt nod for acquiring State Bank of Indore
The Indian government has given approval to State Bank of India to initiate the process.http://economictimes.indiatimes.com/SBI-gets-govt-nod-for-acquiring-State-Bank-of-Indore/articleshow/5300583.cmshttp://economictimes.indiatimes.com/SBI-gets-govt-nod-for-acquiring-State-Bank-of-Indore/articleshow/5300583.cmsFri, 04 Dec 2009 12:21:11 GMTSBI gets govt nod for acquiring State Bank of IndoreSBI gets govt nod for acquiring State Bank of IndoreDubai crisis won?t hit Indian banks: RBI
The Reserve Bank of India on Thursday said the domestic banks do not have much exposure to the debt-ridden Dubai World and hence their balance sheet will not be materially affected by the crisis, reports Our Bureau. http://economictimes.indiatimes.com/Dubai-crisis-wont-hit-Indian-banks-RBI/articleshow/5298020.cmshttp://economictimes.indiatimes.com/Dubai-crisis-wont-hit-Indian-banks-RBI/articleshow/5298020.cmsThu, 03 Dec 2009 19:25:22 GMTDubai crisis won?t hit Indian banks: RBIDubai crisis won?t hit Indian banks: RBIKotak Mahindra Bank looks for acquisitions in India
Indian private sector lender Kotak Mahindra Bank is looking at acquisitions in the coming months in India.http://economictimes.indiatimes.com/Kotak-Mahindra-Bank-looks-for-acquisitions-in-India/articleshow/5297034.cmshttp://economictimes.indiatimes.com/Kotak-Mahindra-Bank-looks-for-acquisitions-in-India/articleshow/5297034.cmsThu, 03 Dec 2009 14:38:12 GMTKotak Mahindra Bank looks for acquisitions in IndiaKotak Mahindra Bank looks for acquisitions in India

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