Susan Rupe is managing editor for InsuranceNewsNet. She formerly served as communications director for an insurance agents' association and was an award-winning newspaper reporter and editor. Contact her at [email protected].
Americans held $33 trillion in individual retirement accounts in 2022, and many of those IRA holders have yet to withdraw their funds and pay taxes on them.
Anthem Blue Cross Blue Shield is backing down from a plan that would have set limits on the amount of time it will pay for anesthesia in certain surgeries.
The Nov. 5 election is now history, and the nation and the financial services industry is looking ahead to see what a new administration and a new Congress will do after taking office in January.
More older Americans have severe cognitive impairments or are unable to perform at least two activities of daily living. At the same time, this aging and vulnerable population has fewer people who are available to help them with their needs.
Carriers in the Medicare space saw a number of disruptions as changes to the program take effect for 2025, said Dan Mangus, vice president of sales with Senior Marketing Specialists.
Affordable Care Act marketplace coverage will cost consumers an average of 7% more for 2025 than it did last year. Meanwhile, there are questions about whether Congress will let enhanced premium subsidies expire next year.
The use of AI has skyrocketed in the few short years it has been in existence, and AI usage has reached the point where is outpacing regulation, NAIC’s Big Data and Artificial Intelligence (H) Working Group was told.
The Centers for Medicare and Medicaid Services is using algorithms that “seem to go after good agents who are minority agents and, therefore their minority communities,” the CEO of a health insurance agents association told a National Association of Insurance Commissioners working group.
An advisor is forming a coalition of professionals to support underserved groups and said he was inspired to do so by the Nov. 5 election results and concerns from clients about what policy changes a new administration and a new Congress could mean for them.