Garage Insurance – Used Car Dealers and Repair Shops Watch Those Symbols

Garage insurance is a much misunderstood policy form. Many professional insurance agents are confused about exactly when to use it and more importantly exactly how. You can use a garage liability policy to protect a used car dealer, often referred to as dealer's insurance, or you can use this same form to protect an automotive repair shop or to set up body shop insurance. The trick is to know the symbols. If you own a car dealership or an automotive repair shop and are purchasing insurance for your business, it is advisable that you find an agent who specializes in the garage insurance form to help you with this purchase so you do not end up with the wrong form and perhaps find yourself without coverage after a large loss.

As I mentioned earlier, both types of businesses, auto repair and or body shops and used car dealers both need the garage policy. But exactly what kind of operations are covered in these policies is driven by the symbols shown on the policy. This is very important. If your business is automotive repair or body work but your policy is set up with symbols that would apply to a car dealership, you could find yourself without coverage in the event of a liability loss.

So how do you know if you have the correct symbols and thus the correct form? Pull out your garage policy and look at the first page. Beside each type of coverage, usually to the left, there will be a least one two digit number between 21 and 31. These symbols will describe what is protected by the coverage shown beside that symbol. Here is a list of the most common symbols and what each one protects:

Symbol 21 Any auto
Symbol 22 All owned autos
Symbol 23 Owned private passenger autos only
Symbol 24 Owned autos other than private passenger
Symbol 25 Owned autos subject to no fault laws
Symbol 26 Owned autos subject to Uninsured Motorists law
Symbol 27 Specifically described autos
Symbol 28 Hired autos only
Symbol 29 Non-Owned autos used in the Garage Business
Symbol 30 Autos Left for Service / Repair / Storage
Symbol 31 Autos on Consignment

As you have probably figured out, if you are an automobile dealer and you have symbol 30 on your policy, you would find yourself without coverage. So why not just put symbol 21 on all coverages? Well, since code 21 is the broadest coverage, you would have to pay more for this insurance policy and in some cases you might be purchasing insurance protection that you did not really need.

Take some time to look at your policy carefully and review the symbols for each line of coverage to make sure that they are appropriate for the work you do. If you need help with this process, consult your agent. If you agent does not specialize in businesses needing garage policy, ie dealers insurance and auto repair shop insurance, then find one who does. This protection is just too important to leave up to an agent who is practicing on the job learning on your policies.

Home Selection Checklist – A Good Aid When Choosing a Home

This home selection checklist is a tool to help you select a home that is right for you and your family. Before you select a home and get a mortgage, you need to know if you will be happy with the home you select for the coming years. Home selection is a major step in your life and using a checklist to select smartly will help you think of all the things you need to realize about a home before you buy. Take a checklist with you to each home you might select and write down all the important home selection points on the checklist. Use the checklist for each potential home selection and you will have a "fact book" to review and analyze before your final home selection.

These important factors in home selection are designed to help you create a checklist of your own.
You can then research homes for sale and checklist how each home compares to other homes you've selected to view. By the time you are ready to get a mortgage you will know, from the selection checklist, exactly the pros and cons of each home.

  1. How old is the structure? Older homes require more maintenance. Mortgages on older homes can be more difficult to obtain. Mortgage insurance and the homeowner's protection required by the mortgage company you select can be more costly on the home. Note on the selection checklist any items which need repair if you select that home.
  2. How many stories is the home? If you or a family member is aging, or you expect to live in your home selection for years, stairs can be a major problem. If you are young and will not live in this home selection for years, this should not be a problem. Place this on your selection checklist if it is a concern for you and your family. Note on your home checklist any selection items which might make family visits difficult. It would be a major inconvenience to say the least if your family can not visit because of stairs or hills.
  3. What material is the home construction? Concrete slab and block construction homes pose a lower fire threat and this will reflect in your home insurance and maybe even mortgage rates. Place the building type you prefer on your home selection checklist.
  4. Kitchen area: How large a kitchen will suit your lifestyle? Is the refrigerator ancient or newly new? Is the stove in good condition? Do you prefer to cook with a gas or an electric stove? Do you want a garbage disposal? Determine exactly what is important in a kitchen, and place those selections on your checklist. Then rate each property you might select as to how many of the checklist features are included. Of course, some selection checklist features are easy enough to add; other selection checklist features can not be changed.
  5. Living areas: Is a formal living area and a den an important selection on your personal selection checklist? List on the home selection checklist each need. Are there windows for plants, if you are a plant-lover? Is the carpet in the potential home selection in good condition? Think about these items before signing a mortgage! Note any probable expenses on your home checklist for later review. Use these in budgeting for your mortgage
  6. Laundry facilities: Does your home selection have laundry hookups that will not require you to run up and down stairs to bring laundry from bedrooms to the washer? Are the hook-ups in good condition? Note on the selection checklist. Place on your selection checklist any items you would select to replace upon moving into the home. Write on the checklist the anticipated cost of replacing the items you select as unacceptable. Remember to budget so you can pay the mortgage plus refurbish the home selection after purchase.
  7. Bedrooms: Is your family formed or do you plan on more children? Are there enough bedrooms to allow guests? Is the master bedroom in the home selection large enough? Obtaining a mortgage on too small a home can be a major error. Place on your selection checklist exactly the size home you need to select.
  8. Closets: Will there be enough closet space for your family's clothing? Place on your checklist how many closets you require.
  9. Bathrooms: Will there be enough facilities in your home selection to allow everyone space for their personal items and plenty of time to use facilities. Large families require several bathrooms; be sure to put this on your home selection checklist! A selection that needs bathrooms added plus mortgage payments can be expensive. Consider this in your mortgage budget.
  10. Roofing: Take a look at the materials and condition. If the roof looks as if it will need repair soon, consider this major cost in your mortgage pricing. Roofing is very expensive. Research the cost of replacing a roof before you make an offer. Note these costs on the home checklist. Will your budget cover mortgage and roofing expense?
  11. Water heater: Look at the water heater and determine condition. Look for places that may have leaked and any damage resulting. Also, is the water heater gas or electric in the home selection? More notes for your home checklist.
  12. Air conditioning / heating: Do these units in the home selection appear to be old or new? Are they energy efficient? If you sign a mortgage on a home only to learn the entire heating or HVAC requires replacement, you could cause yourself financial stress. Checklist the estimated age of each appliance and piece of equipment in the potential home selection. Include checklist notes of expenses for replacing older items. Place in your home mortgage selection notes that you may want a home inspection or warranty if equipment looks older; your checklist selection can save you from making a major mortgage error!
  13. Utility Cost: Do not be afraid to ask the home owners to see electric, gas and water bills. If your home selection is well insulated and energy efficient, they will be happy to show you. Energy costs are important points on your home selection checklist.
  14. Neighborhood: Do you want to be in a gated community? Is a play area for children nearby the home? What about schools? Is the neighborhood surrounding the home selection clean and attractive? Ride around the neighborhood; see other homes to learn about the area before making your home selection to mortgage. Secure neighborhoods help not only ease of mortgage approval, but on insurance as well. Checklist this item on your home selection list.
  15. Yard: If you have children or pets, you may desire a large yard. If you are a gardener, a nice yard is important. Again, checklist everything that truly matters in your ideal home selection.
  16. Parking: Is there space for your vehicles and guests? Is there a garage? Carport? Is the driveway in good condition? Include on your home selection checklist what matters to you. Again, if these require repair, put these notes on the checklist so you can budget accordingly.
  17. Future expansion: If you wish to expand the home at some future time then is there space on the property without crowding? Consider the future before you mortgage a home that you may have to sell later as your family needs grow.
  18. Zoning and Restrictions: If you have a home business, is it permitted in the potential neighborhood? Selection of a home which prevents the activities you value would be a bad mistake. Some communities have restrictions regarding working on your car or motorcycle, parking a boat and other issues you need to know before making your final home selection. Keep this point on your selection checklist if you work on your car or have a boat beside the home.
  19. Work: Is the home of your selection near your workplace? If not, is it easy to access the expressway for an easy commute from home? Will you come to hate the idea of ​​going to work from this location? Note on the selection checklist for your home the miles you will drive per day and the cost.
  20. Shopping: Groceries, and convenience stores, gas stations and the like should be in close proximity of your home selection. Note on your selection checklist how far from home to the nearest shopping centers. Checklist where you would go from your home to shop.
  21. Sidewalks: This checklist point for home selection is important for families with children. If there are no sidewalks, then children will not be able to easily walk to visit friends, ride bikes, or do other activities children love to do. Also, checklist if you like to take strolls or walk for exercise yourself.
  22. Amusements, churches, activities: If you have activities you like to do, consider the drive time from the home selection. Will your children's movie visits on Saturday become a long drive? Are at least a few doctors nearby the potential home? Amusements your family enjoys should be reasonably easy to reach.
  23. Neighborhood Lighting: If you like to go out at night, or your children will be playing outside, is the area well-lighted? Not only are these selection criteria important for your children, but burglars just hate a well-light home and neighborhood! Checklist some safety issues you need before considering a mortgage.
  24. Traffic: If you have children, your new neighborhood should be low traffic. Also, traffic equals noise. Consider this important fact as well. A home on an expressway has frustrated many.

This home selection checklist points are meant to help you think to checklist important home selection options before obtaining a mortgage for a home. Make yourself a custom home selection checklist that includes the things that matter to YOU ​​and YOUR FAMILY, and then take this along when home shopping. With a checklist
in hand, you can make the selection that will make you happy for years and years!

Small Business Interview – Patriot Express Loans to Veteran-Owned Businesses – Are They Working?

Editor's note. This is an excerpt from an interview with an SBA small business loan provider, relating to the program known as US Patriot Express. This program is for business loans available to veteran-owned ventures (active duty service members, veterans, and their widows and spouses), whether start-ups or existing businesses. The purpose of this interview is to get a real, in the trenches, view of how the program works from someone who does it every day. Does it is really benefit our veterans?

Excerpts of Interview
US Patriot Express Loan Program

Q. Greetings, and thank you for giving me the opportunity to speak with you.

A. My pleasure.

Q. I would like to begin by focusing on the US Patriot Express Initiative Loan Program. Fancy title, but what is it exactly?

A. It's a long winded way of saying the Bush Administration came up with a vet loan program for business owners. These are loans for veteran-own business owners. The funding comes from private lenders and banks that are licensed with the SBA. As an incentive for the lenders to make the loan, they are guaranteed for default, namely are reimbursed 85% of the value of loan. I have to tell you, this makes a big difference because it really motivates the lenders. It gets them off the dime and makes them more willing to open up their coffers.

Q. So the money does not come directly from the VA or the Small Business Administration?

A. Right. The VA is not involved in loaning the money. However, they are huge supporters of the program. The SBA directly loans taxpayers monies only under its disaster program. In this program the SBA approves the lenders and guarantees the defaults. Private banks and lenders actually loan the veterans the money.

Q. But it is called a SBA guaranteed loan program. Does not that mean the approvals would be guaranteed if you're a veteran?

A. I wish that was the case. It's not the approvals that are guaranteed. If you make a small business loan and do not make your payments and it goes into default, the bank has to alert the Federal government and after taking various steps and attempting to collect, the bank will eventually get paid 85% of the loan value . The SBA guarantee acts like an insurance policy to the lender; they guarantee the 85% to the lender who makes the loan.

Q. So the veteran does not get any special consideration in the approval loan process?

A. By law, the lender has to use their usual, customary, and prudent credit review practices that are used for both conventional and SBA business loans. But let me cut right through all of this. It depends a lot on the lender. We are pro "veteran small businesses" and will try everything to make the loan. Way before this program became politically popular in June of 2007; we were making lots of loans to veterans and trying everything in our power to say "yes." They just have to meet us half way, with more positive than negative on personal credit.

Q. OK, so far so good. Because of 85% guarantee, does not that mean the vet applicant only has to put up 15% collateral because the rest is secured by the guarantee?

A. Unfortunately, it does not work that way. First, most of my small business loans are unsecured and so we do not even ask about collateral. You're not describing your equity in your house, the value of your trade fixtures, or anything else. There are simply no liens on property. For larger loans collateral will be required and in today's market, it will usually be real estate.

Q. Do they check the personal or business credit of the applicant? I notice that there are a lot of online businesses that claim you can get business credit without using your personal social security number. Will that work in this case?

A. Unfortunately, the lenders in most cases only check your personal credit report through Experian, TransUnion, or Equifax. There are companies out there that promise to get you a business credit card or unsecured small business loan only using your taxpayer ID number and not your social security number. Be careful. Although there are people who have been successful, there just as many who have failed doing so. And it takes a lot of time, because you have to create credit in the business name first and then make the bank application.

Q. I'm an adult and you can tell me like it is. What is the minimum credit score required?

A. These military loans are not like applying for a credit card. They rarely base the decision solely on your credit score. They look at the overall credit report. As to that report, they look at: 1) your credit paying history back seven to ten years, 2) the current status of your accounts, 3) the number of accounts, 4) the quality of the accounts. . .there's a big difference between a Capital One credit card and platinum American Express, 5) how long you have had the accounts, 6) matters of public record such as judgments and tax liens, 7) enquiries, and how 8) how high your credit card balances are.

Q. Who can qualify for these loans?

A. The good news is it applies to a lot of individuals. You can be a veteran, current active duty service personnel in the TAP program, service disabled vet, in the reserve component's or National Guard, or the spouse or widow of any of the above. And if you are the spouse of a veteran, you can apply in your own name. You do not have to be a combat veteran. All you need is your honorable discharge papers which are in the form of a DD 214.

Q. Can any small business qualify? I mean, can it be everything from raising chickens to developing software for weapons control systems?

A. It's funny you should say that, because I have done both of those. There are very few categories that make you ineligible, including multi-marketing, speculative real estate, gambling activities, your own private investments or self-owned real estate, to name some of the bigger exceptions.

Q. All right, we have some of the basics under our belt. How much can you apply for?

A. They go anywhere from $ 5,000 to $ 500,000. I specialize in the smaller Patriot Express ones from $ 5,000 to $ 50,000, which do not require any collateral. Above that will require security. In the good ol 'days about a year ago, the bank's considered using your trade fixtures or business personal property. Then when the economy got worse, they started requiring some form of real estate equity. Now most of them are requiring 100% real estate equity, which is getting tougher in these times because the value of people's homes is falling.

Q. Well that's easy. Since I am a vet, I want the full $ 50,000.

A. I am with you, but remember you have to qualify for that amount, which is why you get to select how much money you would like to borrow and then all of the key components of our credit matrix system is matched to your request. We always try to loan you for the highest amount, but you must qualify for it.

Q. What is this going to cost me? What are the monthly payments and interest rate?

A. Although it is a tough time for credit, it is a great time for low payments. Currently a smaller Patriot Express loan is at a four year interest low of 7.75%, which equates to $ 60 per $ 5,000 borrowed. These are ten year fully amortized, principal and interest loans. Because there is no prepayment penalty, you can pay them off early and stop the interest.

Q. So the payments can go up?

A. The smaller unsecured loans are variable and not fixed. But because the payments are spread out over such a long period of time, as interest goes up, there is not a precipitous increase in the monthly payment. Historically, they started out six years ago at $ 89 $ per 5,000 borrowed and are now down to $ 60.00.

Q. Under your Patriot Express Initiative loan program, do I have to put up the equity in my house or have liens on my business assets?

A. Not at all. They are 100% unsecured small business loans. As a matter of fact, they do not even ask you to list or describe your assets.

Q. I'm in the process of finishing my business plan. Can I submit the application without one?

A. You can. It is not required. On the other hand, it helps. So I tell people if they are a couple of hours away from finishing their business plan, by all means do so. It is beneficial to have even if you do not apply for the loan. But if it is going to take you two or three weeks, do not sweat it, and simply send in the application. We can always work on the business plan later.

Q. How long will this take, from start to finish?

A. The larger loans take longer because there's more paperwork and more review required by the lenders. But the small ones I do are extremely quick. You can usually get answers within 24 hours and is wired into your business account within approximately ten days with the completed paperwork. We have special software that allows us to expedite the process. And, the program mandates a quick issuance of an SBA loan number from the central processing center – so once everything is finished, you can usually get an SBA loan number within one or two days and then the money is wired.

Q. Do most banks do these types of loans?

A. Any bank that is already approved by the SBA is able to do these loans. But the sad fact is that most banks do not do them. I've even run into lenders who have never even heard of the program. They will simply run you through their application process without concentrating on the fact that you're a veteran. We are veteran friendly and encourage these applications.

Q. Before this interview, I did not really know what a patriot loan was. How come it has taken this long to hear about this loan?

A. The plain fact is it is I run into veterans all the time that have never even heard of the program. What a shame. It is here for our military – and we need everyone to help get the word out.

Q. If my credit is not very good, can I use a co-signer?

A. Unfortunately no. On the other hand, anyone with a 20% or more interest in the business will fill out the application and have their credit checked. But bear in mind you have to have at least a 51% or more interest from veterans to qualify.

Q. What happens if I have gone through bankruptcy? Have I shot myself in the foot?

A. We have applicants all the time that have worked hard after bankruptcy and have their credit score in the high 600's. Some banks will not touch you but we will. We require that you conclude the bankruptcy, wait approximately 6 to 8 months after that to re-establish credit, and show that you're paying your bills absolutely on time after that. This means you can not go on an "all cash" basis because you must establish credit first and it has to show you are meeting your obligations on time. We give you one chance to make a mistake but after that you need to show you learned from the mistake.

Q. Assume I pay my bills religiously on time, but I have high credit card payments. Will this hurt my chances?

A. This has become a very big problem. We have lots of people who pay their bills absolutely on time, but have high credit limits. This is now a factor seriously considered by lenders. The more you have and the higher your limits, the more negatively it is considered. The only problem is that many businesses stay afloat only with their credit cards, and had no other options because the banks are not lending.

Q. What about business financial statements and tax returns?

A. This is definitely required on the larger loans, but not on the small ones. The paperwork is meant to be short and simple so they can be processed quickly.

Q. Do you have to incorporate or form an LLC?

A. Not all. You can be a sole proprietorship. The nature of the business is not one of the factors in making the credit decision.

Q. I have a good credit score and do not want any more enquiries which bring down my score. Is there anything I can do?

A. That is a definite problem. We have to pull your personal credit report it is mandatory. On the other hand, my staff can give you a general idea of ​​your chances if we know your credit score. That way you'll not be disappointed.

Q. Do you find that the vets you deal with like the program?

A. They absolutely love it. For good reason, they have put their lives on the line and they feel entitled to a fair shake in starting or expanding their business. They are grateful there is a program out there for them.

Q. You have any inside suggestions as to how person can increase their chances?

A. Sure: The following really helps: 1) a business plan with financials. Financials are the most important part. But I also tell people that you're not trying to get an "A" on a term paper. Just do a good basic job and trying for a "C +". 2) Tell them exactly what you're going to be spending and on. Just saying that you needed it for cash flow does not quite make it. I had a case once where someone had a restaurant and were expanding their kitchen. They had spent weeks shopping around and gave a detailed list of the exact equipment, model numbers, and the pricing. This was very impressive and really helped them obtain a loan. 3) A well written letter accompanying the application that positively describes the market and your future plans. Please proof read it; a poorly written letter could back fire. Recently, we received one with fourteen typos in one sentence, that one is the winner!

Q. Are some businesses considered more risky?

A. Yes, but we are still able to fund them. For example restaurants and dry cleaners are considered more risky as a result of Federal studies.

Q. Are you finding more people are inclined to go into business themselves as opposed to working for someone else?

A. No question on that one. The days are gone when our adults are employed in factories, large corporations, and government offices, sometimes working for only one employer their whole career. There has been a massive unleashing of such persons because of our lack of jobs, and many of them are out in the private sector trying to start their own businesses. It's both sad and exciting at the same time. For this reason, the SBA must provide more loans to the 27 million small businesses that can fuel our economy.

Q. Now let us talk real practicality. We are in a credit crunch like never before. How has this affected your success rate?

A. You hit the nail on the head. We are definitely in a credit crunch, and I am seeing the lenders requiring better credit reports. Fortunately, we are not involved in the toxic sub-prime mortgage fiasco and have funds to loan. But remember they are supervised by the SBA and the big problem is the secondary market has shut down. Although this makes it more difficult, but we are still very veteran friendly and give special consideration to them. We continue to loan to veterans, several a day, and plan to do so in the future

Q. Overall, how would you rate the program?

A. It's a great and well-deserved program. If I were to improve it, I would increase the outreach so more veterans knew about it.

Q. Thank you for your time.

A. My pleasure.

Telemarketing Services – The Purpose of Telemarketing Opening Dialogue

I picked up the ringing phone the other day. "Hello?" I said. Then I sat in shock as I heard on the other end, "Hello, my name is Jim and I'm calling from XYZ Co.

We are a full service communication provider and we're offering clients a very special promotion on our satellite television services. If you sign up with us today you can receive our full service for just $ 25.00 a month for the first three months. What's more you will not be charged a sign up fee.

Now before you say 'no' I'd like to take a moment to remind you about all the great features of our service … "He went on and on and on and did not give me the opportunity to say a single word . Finally, he took a breath and I was able to decline the offer.

Jim of XYZ Company (the names are changed to protect the guilty!) Shares a misconception among many telemarketing services professionals about the purpose of the opening dialogue.

This article is going to talk about what that opening dialogue is for. Note that it does not matter if you are working for individual sales leads or business sales leads, this truth remains the same.

Telemarketing services opening dialogue?
Many people assume the opening dialogue should be like a Gatling gun: firing off all your bullets at once in the hopes that one or two will hit the target. It's ineffective and, like Jim's opening dialogue, almost comical! It gives the impression that the telemarketing "professional" does not care about the sales leads' time.

Why is it like this? It's because many people feel that they have a bunch of things they need to say and they're expecting their sales leads to say "no".

So, you're asking me, if that's not the case, what is the purpose?

Telemarketing requires patience and should be aimed at opening a dialog, not just making a quick sale. The aim is to generate interest; to whet the appetite; create interest; and to develop a little intrigue. Ultimately, the purpose of your opening dialogue is NOT to try and sell the product. The purpose of the opening dialogue is to get the customer to say three simple words:
"Tell me more".

So when you are faced with outbound telemarketing – a list of business sales leads numbers to dial, and you're just getting ready by crafting the opening dialogue, what do you put at the beginning? The answer is simple: just enough to have them say to you, "Tell me more."

Here are some examples that Jim could have used on me:

o "Did you know that you're not getting all the channels you could be getting?"

o "Did you know that you're paying too much for television?"

o "Did you know that the average home pays $ 3 per channel per month. I can show you how to pay half of that."

Inbound and outbound telemarketing services could be one of the most profitable ways to increase your sales leads.

Whether you're dealing with housewives or mechanics, students or CEOs, personal sales leads or business sales leads, you only want to accomplish one task with your opening dialogue: get them to say three little words to you … "Tell me more . "

Pass The EPPP (Examination For Professional Practice in Psychology)

To pass the Examination for the Professional Practice of Psychology (EPPP) you need help, a strategy. You can not just walk in to an examination center, sit down, and pass this examination without preparing.

How Important is the EPPP?

The EPPP is one of the most important tests a psychologist will ever sit for.

No matter how well you did in your graduate school classes. No matter how great you did on comprehensive examinations. Or how brilliant your dissertation defense was. Or how many journals accepted articles based on your dissertation. You may have been the star at your internship. Your internship director may have held you up as the model intern. Yet, despite it all …

If You Do not Pass the EPPP …

If you fail the Examination for Professional Practice in Psychology you will have very limited practice opportunities in the US or Canada. You will, virtually, be unable to practice anywhere without passing the it. At least not in any state or province that has a board of psychology that is a member of the Association of State and Provincial Psychology Boards (ASPPB). The only exceptions to requiring you to pass this exam being Prince Edward Island and Quebec. Yet even Quebec requires applicants from outside the province to pass the exam before they are allowed to practice.

The list of professional activities that you are restricted from when you are not licensed is long: You can not have private patients. You can not get insurance company reimbursement. You can not print "Licensed Psychologist" on your business cards. Many employers require that you be licensed. Basically, if you can not pass the EPPP you'll have thrown away years of graduate study and thousands of dollars on education, and all the sacrifices you made.

The EPPP Defined

The EPPP is the Examination for Professional Practice in Psychology. Every psychologist who wants to hang out a shingle in any state in the USA or in almost any province in Canada needs to successfully complete it.

Who Makes the EPPP?

An organization in Montgomery, AL creates and markets the EPPP to State and Provincial psychology boards.

Content of the EPPP

The EPPP contains these 8 domains: Ethical, legal, and professional issues, Treatment, intervention, and prevention, Social and multi-cultural bases of behavior, Biological bases of behavior, Assessment and diagnosis, Cognitive-affective bases of behavior, Research methods and statistics, and Growth and life-span development.

EPPP Administration

The EPPP is made up of two hundred twenty-five multiple choice questions. The examinee has four hours and fifteen minutes exactly, to finish the exam.

The exam is administered via computer. The examinee locates and sits for the exam at a Prometric Test Center.

It's natural to assume that having attained a PhD or PsyD in psychology, having passed an accredited graduate program in psychology, completed an internship, and defended a dissertation or research project you would be able to easily pass the exam. Or perhaps pass it with a bit of review. But nothing could be further from the truth.

Why EPPP Questions are Difficult

On the EPPP, examinees must pick the "best" answer, not necessarily the "right" answer. Wording is often inverse. Questions may specify "all are true except" or "all are false except." Discriminating fine differences between the answers on this psychology exam can be very challenging.

The questions on the exam require you to not only be familiar with each of the eight domains, but to demonstrate the application of that knowledge.

It is not realistic to believe that you can prepare minimally for the EPPP, or prepare in the same manner you have in the past for examinations. Nor is it realistic to prepare minimally and simply plan on continually retesting until you pass the test. There are several reasons for this.

EPPP Registration Expenses

One reason that makes it unrealistic to keep retesting is the high cost. Each administration of the EPPP costs you $ 450. Each sitting at the Prometric Test Center to sit for the psychology exam costs $ 68.

State and Provincial psychology boards require the payment of licensing and administration fees before you are allowed to take the exam. You must obtain an Authorization to Test letter from your psychology board before the ASPPB will allow you to register for the psychology examination. Psychology board costs related to licensing and sitting for the exam, depending on where you live, can be upwards of a thousand dollars.

How Many Times Can I Take the EPPP ?

Another reason it is unrealistic to repeatedly retake the EPPP is that there are limitations on how many times you can take it. The ASPPB restricts you to taking the exam four times annually, while your local psychology board may restrict you even further. After a certain number of unsuccessful attempts on the Examination for the Professional Practice of Psychology many psychology boards require you to convince them why you should be allowed to try to pass the exam again. Before you can take the test again your psychology board may require you to take additional classwork, gain further experience, or undergo supervision (for example).

All of these additional requirements can add significantly to the time it takes you to pass the EPPP.

Financial Costs of Retesting on the EPPP

Retakes of the EPPP are not free. You must pay the full fee to ASPPB ($ 450) and to Prometric ($ 68) each time you sit for the exam. Your psychology board will also charge you additional administration fees to reapply for another authorization letter to retake the exam. In all, the process of sitting for and passing this test are quite costly.

How to Pass the EPPP

So, in summary, passing the Examination for Professional Practice in Psychology is a difficult undertaking that requires special preparation. However, help is available. Sites web, color : such color : as How To Pass The EPPP Without Even Trying! exist to make the process easier. With careful preparation, an understanding of the structure of the exam, the proper exam study materials, and test taking strategies specific to the EPPP, you can and will pass the test.

How Much Does a Surety Bond Cost?

We must first understand what a surety bond does as well as the factors that are involved that will determine the rate as well as obtaining a surety bond approval. The surety company will evaluate your credit, experience, and financials. The process is very similar to apply for a business loan. Rates vary on a multitude of conditions such as which state is it for, what type of surety bond is needed, what is the financial outlook for the company or individual, how much experience does the business have and of course, which surety company is writing it.

Most companies are looking for a credit score above a 670 with no public records, collections, or slow pays. They also review your business financials to make sure that your company has a positive net income and worth. The surety company requires that your financial equity be at least five times the bond amount. Therefore, if you are applying for a $ 50,000 Surety bond the surety is looking for a net worth above $ 200,000. Keep in mind this is different for each bond type and state because some types of bonds have a higher loss ratio than other types of bonds. Remember that you are indemnifying the surety so the surety wants to make sure you are able to pay a claim if one occurs. If you meet these requirements and the type of surety bond is not considered hazardous such as a financial guarantee than you should be able to qualify for a preferred rate of 1% to 3% of the surety bond amount. Keep in mind that each surety has a minimum premium for a bond, which is usually $ 150.00 to $ 250.00, but you only run into these scenarios if your bond amount is under $ 25,000. So using a $ 25,000 surety bond as an example and the rate was at a 3% the cost would be $ 750.00.

Unfortunately, not every person or company can meet the surety requirements for preferred rates or even qualify for bonding, especially with the surety bond market tightening due to an influx of claims. Many Surety Companies will require collateral or simply decline your submission if you can not qualify. Fortunately, there are still programs that will not decline your bond due to credit or other conditions they will just charge a higher rate.

Here is how is how it works if your business does not qualify for normal bonding the rate can be anywhere between 4% to 25% rate this is only for License and permit bonds. So if you where applying for a $ 100,000 Surety bond and your credit, financials or experience do not meet the surety companies requirements instead of declining you the rate will be higher for an example if you where approved at a 5% rate the cost would be $ 5,000.00 with no collateral. You may say to yourself well I would rather post the money with the state instead of paying a little more for my surety bond, you can of course do that but keep this in mind the state will not release your collateral until the statue of limitations is up. Therefore, after your bond is no longer needed or you are no longer in business the state will not release the collateral for several years.

Colorado Medicaid Vision Care Benefits – 6 Things You Need to Know About Your Eyecare

Your Colorado optometrist may participate in Medicaid and provide eye exams and glasses for your children at no cost to you. Almost 1 of every 4 children in Colorado is insured through Medicaid. Because so many children are covered under Medicaid there are six points you need to understand.

  1. Medicaid coverage for vision varies state by state so do not presume you will have the same benefits when moving to Colorado from another state. There are different types of vision care coverage for children and adults. Changes in eye care benefits have occurred in the last few years, and will continue to change with health care reform. Expansion or cut backs in benefits may occur at any time. Medicaid is a state run program run in cunjunction with the Federal Governement. States can vary the coverage policies to some degree. The state of Colorado has it's own plan. One example of the differences is adult coverage. Adults have a $ 2.00 co-pay for eye exams and limited benfits for eyeglasses. Many states have full coverage for adults.
  2. For Medicaid vision coverage in Colorado, children's vision insurance coverage is defined by age 20 and under. When reaching age 21, Colorado Medicaid considers you an adult and the benefits change. Children are eligible for an eye exam by their optometrist as needed with no co-pay.
  3. Contact lens fitting fees entail additional charges above the regular eye examination. These are not covered unless there is an eye disease that warps the cornea. Contact lenses may be the only way to provide acceptable visual acuity. The actual contact lenses are also not covered unless their is an applicable medical diagnosis. This is not a area where a patient can plead their case. If there are specific medical conditions requiring contact lenses your eye doctor has to file a form to have your case considered. The review process can take several weeks to several months. It is normally approved if contact lenses are the only way to correct your vision due to a corneal eye disease. Your optometrist may have to submit a form for prior authorization more than once to communicate the need for special consideration, so you will need to have some patience.
  4. A standard eyeglass frame and lenses are covered with no co pay. A standard frame means frames are limited to inexpensive frames. That does not mean they are necessarily low quality. Your optometrist is only allowed a limited reimbursement for the eyeglass frame. Repairs for broken frames or lenses are a benefit, and a replacement frame is provided if the frame can not be repaired. While this is not necessarily an unlimited benefit, it can be used more than once if your child is prone to breaking glasses. Loss of eyeglasses is not specifically defined as a benefit but may be covered.
  5. Lens treatments such as scratch resistant coatings, glare free coatings, tints, and thin lens materials are not covered. Scratch resistant coatings are the one option you should purchase. Prescription eye glass lenses without a scratch coating will most likely have scratch marks on them within a day or two of teenager usage. Scratch resistant coatings are not scratch proof, but they will certainly extend the usable life of the lenses. There is a way to have thinner, lighter lenses covered for your child. If you request polycarbonate lenses, they will be much thinner and attractive for higher eye glass lens prescriptions, and help your child's self image. Polycarbonate lenses are usually recommended for children and teens needing eyeglasses due to their extreme impact resistance.
  6. Other services may be available with prior authorization. Vision devices for children that have significant sight loss from eye diseases, some lens treatments, therapy for lazy eye, and other services are sometimes approved. Do not expect a fast approval, but it is worth the wait when the service ends up being covered.

Medicaid is constantly changing and this information is provided as educational, not as representative of current state policy. Different types of programs are available in some areas of Colorado. Eligibility for enrolling in Medicaid and understanding your vision benefits is your responsibility, and the State of Colorado has resources to help you. Visit the Colorado State website at: []. Thousands of children are eligible for Medicaid coverage in Colorado but are currently not enrolled or covered by any insurance plan. You can help keep your kids healthy by taking the time to enroll them now, and keeping up with annual preventative eye doctor examinations.

When Should You Use 3rd Party Medical Insurance Claims Requests In Your Practice?

When one thinks of healthcare in the US today, there are three key components to consider. They are the patient, the provider, and the one who pays the bill. It is no secret that the health insurance industry, both government and private insurance carriers, pays for most of the health care for US citizens. About 70% of all the payments to hospitals, doctors, labs, diagnostic centers, rehab facilities, and other certified providers are made by insurance payers. The patients pay the other 30% or so out of their own pockets. What happens when your medical insurance claims are not paid timely?

Medicare and Medicaid are taxpayer-funded and are highly regulated, as are the private payers. However, almost all private health care insurance companies are "for profit." This means that they must take in more than they pay out in insurance claims to providers, and the amount of positive cash flow must be enough to pay all overhead costs, employee salaries, variable expenses, and stockholders, plus a required amount of cash in reserve as required by various federal and state laws. Even Medicare and Medicaid are required to simulate that model, or at least not lose money, which means all payers (both government and private) have strict rules regarding reimbursements, or payouts for legitimate claims. To patients and providers, these regulations may often appear arbitrary and unfair, which is why there are state and federal agencies to monitor and police the insurance industry.

But who acts on behalf of the medical providers? The legislation of the past five years, including the HITECH Act and the Affordable Healthcare Act (Obamacare) has added to the financial burden. The providers, as the recipients of the payment for healthcare services, are feeling the crunch of lower reimbursement from payers, and higher accounts receivable from patient balances.

Downward pressure on Medicare payments is not a new cash flow issue for medical practices. Reimbursement complexities such as this have already led much of the medical community to enlist the aid of third parties to efficiently manage cash flow and accounts receivable in this changing healthcare financing environment.

Though there are state and federal regulations for insurance payers regarding time limits on reimbursements of non-disputed claims, the payers are still often accused, officially and unofficially, of deliberately slowing payments to providers, or simply not paying at all until prompted by the provider who is owed the money. Watchdog agencies, mostly made up of attorneys and consumer advocates, often investigate and expose the most blatant payer indiscretions, but deliberate payment delay tactics are often extremely hard to prove. For providers, the best defense is a good offense and that is why third parties have been so helpful to providers. Overall there is a huge benefit for providers who engage help from outside receivables professionals.

Is 3rd Party Medical Insurance Claims Processing Right For My Practice?

In a recent unofficial poll of a dozen or so third parties, specifically accounts receivable management professionals for multiple medical providers, one recurring theme was revealed concerning how payers responded to inquiries on unpaid claims. In each case the third-party, legally acting on behalf of small medical offices, had better success in obtaining information regarding "non-disputed" unpaid claims than the typical medical office. The reasons third parties appear to fare better with payers can be debated, but one reason is certain. Dedicated professionals who are skilled in cutting through red tape; have time to contact multiple payers at once; and who can prioritize their inquiries to fit the small window of time the payers allot to inquiries, are bound to achieve better results in getting claims paid as quickly as possible.

All payers, government and commercial, will often use lawful tactics and technicalities to slow the process of paying even legitimate claims to providers. Such legal tactics often hinder the busy medical practice, whose multi-tasking employees have scarce time to make frequent calls to payers and wait on hold, sometimes 30 to 40 minutes for responses. Third parties, who are not encumbered with the many tasks of a busy medical practice, can focus on consistent follow-up on these payer claims and often save time for all parties, while making cash flow improvements for the provider.

How Can You Find Out More About 3rd Party Medical Insurance Claims Processing?

Foreclosure Defense Procedure in Florida

Foreclosure typically begins once you have missed your first mortgage payment, for whatever reason. After a certain period of time, your lender will typically send you a letter called a Notice of Default. This letter will explain that you are behind on your payments, and tell you how much you currently owe your lender. If you do not pay the amount due, and continue to not make mortgage payments, your lender will send you a Notice of Intent to Accelerate, which states that if you do not pay the amount owed and due of missed mortgage payments, then the lender will call the full loan amount due. This letter is typically send out at least 30 days prior to a foreclosure case being filed in the courts.

If you still do not reply to your lender or arrange payment, then the lender will hire a law firm to file a foreclosure case in court against you. The lender will have its law firm draft a Complaint for damages against you, which will state generally: 1) the address of the property and county it is located in; 2) that you owe more than $ 15,000 to the lender; 3) that you signed a note and mortgage; 4) that you failed to pay that note and mortgage; 5) that you will owe the lender's attorney's fees plus interest on the loan balance.

The lender will be required to serve a copy of the complaint, with and attached copy of the note and mortgage, on you, your spouse, any tenant, or any other person with an interest in the property. If the lender can not serve any of these parties in person by process server, then it will typically serve those parties by what referred to as "service by publication."

Occasionally, the lender will include a count for a "lost note" or "re-establishment of lost note." This occurs when the lender can not reasonably locate your original note and mortgage, but still wishes to enforce their terms. The lender will plead a lost note count pursuant to § 673.3091.

The lender will typically file an affidavit stating that the note and / or mortgage was in its possession but lost or destroyed by no fault of the lender. The lender then can introduce any copy of the note and / or mortgage in place of the original to prove the terms of these documents. Shocking to most homeowners, this is the low standard that the lender must meet to foreclosure when it does not even have the note and / or mortgage in its actual possession at the time it files a foreclosure.

Once a copy of the summons and complaint is served on you, you get 20 days to respond to the allegations in the complaint. You can do this by one of two way: 1) file a motion to dismiss; or 2) file an answer with or without affirmative defenses.

A motion to dismiss challenges the complaint on various grounds; be it jurisdiction of the court, form of the complaint, etc. A common motion to dismiss revolves around a situation where the lender fails to attach the note and / or mortgage to the complaint. Pursuant to Florida Rules of Civil Procedure 1.130, the lender is required to attached all notes, contracts, and other documents to the complaint. From a conceptual standpoint, this makes sense as you would not know what terms the complaint is referring to breaching without a copy of that document.

The homeowner can also challenge the lender's "standing," or right, to file the lawsuit. These types of defenses have been mildly effective. Certain defense lawyers have successfully shown that the lender did not own the note and mortgage when the lawsuit was filed and gotten the foreclosure case dismissed. This is usually done by showing that the note was not endorsed (stamp showing transfer to a new lender) before the lawsuit was filed. The Court in McLean v. JP Morgan Chase Bank, NA, 79 So. 3d 170 (Fla. 4th DCA 2012) found that when a lender can not prove standing at the inception of its lawsuit, the remedy is the outright dismissal of the case without prejudice and without leave to amend. This will force the lender to file a whole new lawsuit from the beginning, re-serve all parties, pay a new filing fee, etc.

Once a motion to dismiss is filed, a hearing will be set and both sides will appear to argue the issues. If the judge grants the motion to dismiss, it will typically be with leave, or permission, for the lender to file an amended complaint fixing the procedural error. If there is a more serious issue, such that the court does not have jurisdiction over the matter, then the court can dismiss the case completely. This will typically be "without prejudice," meaning that the lender would be able to re-file the lawsuit against you in the appropriate court or otherwise remedying the issue.

The other option is to file an answer to the complaint. In the answer you will admit or deny the allegations of each of the lines of the complaint. These allegations must be carefully answered as you do not want to admit something that will give the lender the right to quickly obtain judgment against you. With the answer you may also list any affirmative defenses you may have. An affirmative defense affirms part of the plaintiff's claim, and offers additional information that mitigates or justifies the defendant's conduct. In Florida, the affirmative defenses available, pursuant to Florida Rules of Civil Procedure Rule 1.110, are: "accord and satisfaction, arbitration and award, assumption of risk, contributory negligence, discharge in bankruptcy, duress, estoppel, failure of consideration, fraud, illegality, injury by fellow servant, laches, license, payment, release, res judicata, statute of frauds, statute of limitations, waiver, and any other matter constituting an avoidance or affirmative defense "

At the same time as the answer, or shortly after, you will file discovery on the lender. These filings are "Requests for Production," "Requests for Interrogatories," and "Requests for Admission." Requests for Production is where you will ask the lender to produce certain documents from the loan file, the note, the mortgage, servicing agreements, pooling agreements, etc. Requests for Interrogatories will require an officer from the bank or servicer to answer questions under penalty of perjury. Requests for Admissions are similar to interrogatories, but will require the lender to admit or deny certain allegations or questions.

Requests for Admission are limited to 30 requests by Rule 1.370, Florida Rules of Civil Procedure, and must be answered within 30 days. Requests for Interrogatories are similarly limited to 30 days and must be responded to within 30 days. Requests for production similarly must be responded to within 30 days.

Once discovery is complete, the case can go one of two ways. Typically, the lender will file a motion for summary judgment. Here, the lender is stating that there is no issue left of material fact and that it is entitled to judgment as a matter of law. The lender will file this motion along with affidavits of amounts owed to the lender (including unpaid taxes and insurance, as well as interest), and the lender law firm will file an affidavit as to its attorney's fees owed. Florida courts have further held that the lender must have refuted, or successfully stricken, your affirmative defenses in order to obtain summary judgment. Lazuran v. Citimortgage, Inc., 35 So. 3d 189, 189-90 (Fla. 4th DCA 2010) (reversing summary judgment where the plaintiff failed to refute the affirmative defense of lack of notice). If not, then this would be a good defense to the lender obtaining summary judgment against you at the summary judgment hearing.

The lender, or the court sua sponte ( "on its own"), can set the case for trial. The lender will file a list of its witnesses and exhibits for trial. Typically, the witnesses will be a representative from the bank who is familiar with your loan file and the documents within. Its exhibits will typically be the note, mortgage, default letter and payment history.

High-Tech Billing Solution That Meets CMS, NUCC, HIPAA Regulatory Standards

With EMR gaining its importance post the stimulus bill; the Billing application can not be ignored. For any small, medium or large level of medical information business, medical billing health care services is the most indispensable and easy on the pocket for the healthcare industry.

Binary Spectrum's billing application is a robust platform that automates electronic claims, remittances, member enrollment, eligibility and disenrollment processes for a large HMO. The application has delivered adaptability to client software and billing process with prompt medical billing services, thereby saving on client's staffing and operational expenditures. It helps scale up the claims processing capability, and is able to do so in a timely manner while being able to deal with a variety of vendors.

The billing solution provides seamless integration features for charge creation based on the data provided in the clinical charting functions to avoid duplicate and error prone data entry. The transmission of claims could be done either through electronic means ie ECT or paper based preprinted forms.

The following are the list of EDI Messages supported:
For Batch transactions-
• 837 P / I (professional / institutional) – Electronic Claim files
• 835 – Healthcare electronic Remittance advice request form
• 834 – Enrollment and disenrollment for Medicaid eligibility
• 820 – Electronic response files for premium Payments to insurer
For Real time transactions-
• 271/272 – Member eligibility request / response
• 276/277 – Claim status request / response
• 278 – Authorization and Referrals

The key differentiator of the Medical Billing application is that there are multiple ways of creating a final charge for a patient.

• At the time of booking an appointment, an encounter can be started, treatment plan details can be captured and the encounter can be ended which takes the user to charge creation screen & for creating the charge for the encounter.
• Another flow is from the book appointment page. There is the option of super bill which starts the charge creation process, imports all the services that are captured in the super bill to the charge creation screen & creates the charge, associating the appropriate prices for the services.

Benefits for the Billing Companies:

Billing companies can benefit from the following:
• Reduce efforts in entering data
• Automated Workflow and Rule Management
• Compliance checks and acknowledgement generation
• Support for multiple integration mechanisms for Vendor interactions
• Parsing and Validation mechanisms
• Integrated processes related to primary care physician, the HMO and the government funding bodies (CMS / ACHA)

Benefits for Physicians:

The billing solution will help physicians to:
• End medical billing hassles
• Support for Real-time Messages
• Support for both Government and Private multiple health insurance plans and in variety of ways including guarantor, co pay, primary / secondary / tertiary
• Timely and accurate charge entry and claim generation
• Implementation and conformance to applicable standards including HIPAA, standard procedures CPT and illness nomenclature ICD.
• Faster payment to doctors accurately

Binary Spectrum delivers significant system and personnel designed software with superior 24/5 customer services. Our solution centric approach helps us to endow with technical expertise for cost effective robust solutions to our clients.