Tuesday, December 27, 2011

Combat Sports Insurance aims to bring medical coverage to all MMA fighters

UFC fighters accident insurance as well as people these days are not.



Fighters are not only covered the competition, but during fights to get compensation for injuries suffered and are eligible to receive a $ 100,000 life insurance policy, Jeremy Augusta, according to CEO of Combat Sports Insurance.

Most can not afford it.

"When you show for $ 200 and $ 200 for having been a supporter of winning, you a $ 500 (one month) can not pay premiums," he today MMAjunkie.com (www.mmajunkie.com) said.



"In their heads, they were thinking heavy punching each other and kicked in the head and arms broke," he said. "A couple deal politely entertained, but none of them were all about it."

Those injuries can be in the gym. They are often the fighter who not only loses a payday, but uninsured foots the bill for the treatment to be disastrous. When compared to the general public health, however, there is often taking better care of myself there is no comparison.

"They are people out there than 80 percent healthy, but his hobby and his profession because of their premiums are through the roof," Augusta said.

Augusta is the chance a couple of employees that work for lead underwriter in an MMA show, he found a sympathetic ear. He refused to name the company but said it is a well established accident insurance policy for non-athletes.

In July, the upstart MMA promotion Combat sports insurance cover Imperial fighters fighting with your partner. Since then, many promoters of the scheme is to spread the word.

Augusta plans have no annual maximum and no deductible.

Promoters of the event by a state-required insurance are paid on top of that range between $ 50,000 and $ 100,000 per fighter. This often make more money from the losing fighter is possible to win (though probably not advisable).

Of course, all medical claims need to be verified by a doctor or hospital. But through the wonders of insurance coding scheme presents some funky fiscal logic.

"The man who knocked out $ 400 bucks to get you going, and you're going to get damn near $ 1,000" Augusta said.

However, the large-scale customer base underwriter for this insurance and the insurance company creates a win-win situation. Augusta after an incident at an estimated 15 fighters recently used policy.

"[Insurance company] thinks this is great because more people use it, the more people who are going to come on board with it," he said. "If you've gothttp://www.blogger.com/img/blank.gif 30 people to pay a premium, and once a month one of them claim, they are still benefits."

And without a safety net for fighters, it could be a saving grace.




artical source:-http://www.google.co.in/search?hl=en&gl=in&tbm=nws&btnmeta_news_search=1&q=medical+insurance&oq=medical+insurance&aq=f&aqi=d1d-o1&aql=&gs_sm=s&gs_upl=2354l6798l0l8842l17l17l0l10l10l1l439l1904l0.3.1.2.1l7l0#q=medical+insurance&hl=en&gl=in&tbm=nws&ei=XKD5TtzoLo6rrAffiMHmDw&start=10&sa=N&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=749edd7b83aece81&biw=1280&bih=637



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