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Wednesday 10/22/2014

Oct. 22-- DURHAM-- Blue Cross Blue Shield of North Carolina insurance customers will see rate increases across the board, officials announced in a Tuesday conference. Patrick Getzen, BCBSNC vice president and chief actuary, said a number of factors went into the raising of rates, including medical trends like the use of specialty drugs and an older and less healthy...

 

Aflac Inc. fell$. 49 or. 8 percent, to $57.68. American International Group fell$. 48 or. 9 percent, to $51.67. MBIA fell$. 20 or 2.1 percent, to $9.40.

 

The workers, who are not unionized, want the city to enforce the $10.88 hourly wage approved by Philadelphia voters in May that increased the minimum wage for employees hired by subcontractors with city contracts and leases. The airport workers will be joined by Henry Nicholas, president of 1199 C, a health-care workers union, and Mary Kay Henry, international...

 

Oct. 22-- A former El Paso police officer and owner of a medical insurance billing company pleaded guilty Wednesday to charges he tried to evade IRS laws by not reporting large amounts of withdrawals. Ricardo Huante, 54, pleaded guilty to corrupt interference with IRS laws, and structuring transactions to evade reporting requirements and aiding and abetting.

 

Oct. 22-- BlueCross BlueShield of Western New York no longer plans to exit the Medicaid managed care program, the insurer announced Wednesday. The reversal means the insurer's 53,000 Medicaid clients in the region-- including about 29,000 in Erie County-- don't have to worry about switching their coverage to another health insurance company this year.

 

CHICAGO, Oct. 22, 2014/ PRNewswire-USNewswire/-- With as many as 1.8 million uninsured in Illinois, Blue Cross and Blue Shield of Illinois is mobilizing its resources across the state to help people better understand insurance coverage options and the financial benefits that may be available to them under the Affordable Care Act. Open enrollment for Illinois...

 
Tuesday 10/21/2014