Tags |
|
|
Links |
|
|
Top Adding - Car Insurance & Lower Premiums
Car insurance is like many other things in life. In order to get the lowest prices (lower premiums) – you’ve got to do a
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
little extra work – but it’s worth it. Take a look at the following thoughts – your bank account will thank you later.
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
1) Car insurance companies are like other businesses – they’re interested in making lots of money. How? In order for ca
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
r insurance companies to make the most money – they will need to pay you (the customer) the least amount of money. Contr
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ry to what you’ve seen on those commercials – car insurance companies don’t really want to pay you any money. When you b
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
egin to understand this – you’re on your way to lower premiums. Try to look at yourself from the car insurance company’s
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
perspective. The only way you will be paying less money (lower premiums) is if the insurance company doesn’t believe it
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
will be paying you money for claims.
2) The key to lowering those car insurance premiums boils down to the way you dri
2) The key to lowering those car insurance premiums boils down to the way you dri
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
e and what you drive. Car accidents, driving tickets, insurance claims all serve to increase your risk profile. A person
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
with a high risk profile will pay higher car insurance premiums than a person with a lower risk profile (all else being
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
equal). Make a plan to lower your risk profile over the next few years - begin practicing defensive driving techniques
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
and keep those driving citations to a minimum – you’ll be taking a huge step toward lowering your premiums.
3) Car insu
3) Car insu
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ance premiums can be lowered in the short term by driving automobiles which are more “car insurance friendly”. Some cars
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
have higher premiums for reasons such as theft, etc. Others are higher because they’re worth more money. Another way to
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
lower your premiums is to raise your deductible. A good rule of thumb is to set your deductible as high as you can affo
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
rd. Often this alone will save you a lot of money.
4) Another good practice is to keep up with the decreasing value of
4) Another good practice is to keep up with the decreasing value of
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
our car. During a conversation with my mother – I learned she was paying semi-annual car insurance premiums in excess of
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
the value of her car. Since the insurance company would only be paying her about $200 if her car was totally destroyed
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
– she decided to reduce her coverage to liability only.
Lastly, remember to do your research and educate yourself. The
Lastly, remember to do your research and educate yourself. The
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
more you know about the car insurance business - the better you’ll do when shopping for lower premiums.
E Lawrence Welc
E Lawrence Welc
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.topadding.org.ua/article/121974/topadding-Car-Insurance--Lower-Premiums.html">Car Insurance & Lower Premiums</a>
BB link (for phorums):
[url=http://www.topadding.org.ua/article/121974/topadding-Car-Insurance--Lower-Premiums.html]Car Insurance & Lower Premiums[/url]
Related Articles:
Email Marketing - Organic is Better
Car Loans for People with Bad Credit - Easy Car Loans
Bookmark it:
|