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Wire Reports

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January 5, 2023
Millions on the brink of losing Medicaid coverage.

Millions on the brink of losing Medicaid coverage

Under the $1.65 trillion federal spending bill approved by Congress in December, states can begin disenrolling people from Medicaid in April even if the public health emergency designation remains in place.

October 31, 2022
What's new, what's changed as this year's ACA Open Enrollment begins.

What’s new, what’s changed in ACA open enrollment season

Nov. 1 marks the start of the 10th open enrollment season under the Affordable Care Act, and KFF compiled a list of nine changes to watch for in this upcoming period.

October 14, 2022
COVID-19 health emergency extended.

COVID-19 public health emergency extended into January 2023

The Biden administration extended the COVID-19 public health emergency through Jan. 11, 2023, marking three years since the emergency was first declared in January 2020.

July 27, 2022
Affordable Care Act faces court challenge.

ACA challenged in court over preventive services

The Affordable Care Act was the subject of another round of court arguments Tuesday. This time the issue is whether the law’s provision that requires payers to cover preventive services, including HIV prevention drugs, as well as cancer screenings and vaccinations.

Some retailers limit emergency contraception purchases

June 29, 2022

Surging demand for emergency contraception in the wake of the Supreme Court decision overturing Roe v. Wade has led to…

April 20, 2022
High deductibles make health insurance dicey for many.

10K Families Left With $50M In Unpaid Bills After Health Ministry Closes

Sharity Ministries, formerly known as Trinity HealthShare, filed for bankruptcy in late 2021 and began the liquidation process. With so many outstanding claims against the ministry, it is unlikely that its members will receive the reimbursements they are owed.

April 1, 2022

More States Eyeing Financial Literacy As A Graduation Requirement

Florida became the largest and latest state to require high school students to take a financial literacy course before they can receive a diploma. 

April 1, 2022

The Melanin Project: Helping Black Women Get Control Of Their Finances

Afra Smith sees The Melanin Project as a tool not just for education, but for advocacy. She’s adamant that payday loans should be outlawed and that schools should add financial literacy to their curriculum.

February 24, 2022

Markets Experience Black Thursday Due To Russian Attack On Ukraine

The price of a barrel of oil surpassed $100 for the first time in more than seven years and world stock markets plunged after the launch of a military offensive by Russia against Ukraine.

Merrill Lynch Fires Wealth Advisor After Viral Rant

January 24, 2022

Merrill Lynch fired a wealth advisor after a video was circulated on social media showing him berating teenage employees in an anti-immigrant rant inside a Connecticut smoothie shop on Saturday.

November 11, 2021

Washington State’s New LTC Program Hit With Class Action Lawsuit

The WA Cares Fund requires workers in Washington state to pay a premium of 0.58% of their total pay per paycheck, meaning an employee with a salary of $50,000 will pay $290 a year into the fund.

Virginia Advisor Sentenced In $25M Nationwide Investment Fraud

September 27, 2021

A former Virginia Beach investment advisor was sentenced today to 35 years in prison, following last week’s sentencing of his Williamsburg-based attorney to 10 years in prison, for their roles in a nationwide investment fraud scheme that resulted in over $25 million in losses.

September 27, 2021

Democrats Seek Tax Hikes To Fully Cover Cost Of Spending Plan

Biden is prodding Democrats to fully cover the cost of the legislation – by raising taxes on corporations and the wealthy, negotiating the price of prescription drugs and dialing up other sources of federal revenue.

September 24, 2021

Biden Doubling Down On Tax-The-Rich Budget Strategy

President Biden is leaning into his push to increase taxes on the rich as he seeks to unify Democrats in the House and Senate behind a $3.5 trillion bill that would expand federal efforts to fight climate change, reduce the cost of child care, expand educational access, reduce poverty, and more.

September 15, 2021

Attorney: Murdaugh Asked Man To Shoot Him For $10M In Life Insurance

The goal of the suicide attempt was to allow Murdaugh’s sole surviving son, Buster Murdaugh, to collect an approximately $10 million life insurance policy on the older Murdaugh’s life, his attorney said.

September 9, 2021
Inflation is hitting Black Americans hard

More Americans Looking To Retire Early, Fed Survey Finds

According to a new survey from the New York Federal Reserve, 50.1% of respondents expect to keep working past the age of 62. That’s an almost 2% decline from the year before.

September 8, 2021

As Pandemic Saving Settles, Inflation Could Sap Surplus

In April 2020, as Americans were receiving their first relief checks and many businesses shuttered their doors to the public, the saving rate hit an all-time high of 33.7%. It peaked again in March 2021, as the latest round of relief payments were received. As of June, it was 9.4%.

September 7, 2021

Former NFL Players Plead Guilty To Nationwide Health Care Fraud Scheme

Three former National Football League players have pleaded guilty for their roles in a nationwide scheme to defraud a health care benefit program for retired NFL players.

Elizabeth Holmes’ Trial Is Also A Referendum On The Girlboss Era

September 2, 2021

At the height of her power, Elizabeth Holmes wasn’t exactly a girlboss. The founder and former CEO of blood-testing startup Theranos, whose fraud trial begins this week, didn’t place a ton of public emphasis on feminism or building women-centric spaces.

Biggest Raise In Decades For Social Security?

August 23, 2021

For the average benefit recipient, currently receiving $1,543, that could amount to $94 per month. It’s a few years too late for a serious increase, but certainly better than the 1.3% bump we saw for 2021 and the 1.6% the year before.

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