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Wire Reports

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Biden To Reopen ACA Marketplaces

January 26, 2021

President Joe Biden is expected to take executive action as early as Thursday to reopen the Affordable Care Act marketplaces as well as to lower the barriers to enroll in Medicaid.

Yellen Clears Senate Committee Hurdle

January 22, 2021

Janet Yellen is one step closer to becoming Treasury secretary, with the Senate Finance Committee’s unanimously approving her nomination on Friday.

Financial Firms Brake Political Contributions After Capitol Riot

January 11, 2021

The nation’s largest financial firms as well as a major health insurance system are halting political donations after an attempt to disrupt the certification of the election resulted in a riot that killed five people.

Genworth Focusing On ‘Contingency Plan’ As Merger In Limbo

January 4, 2021

Genworth and Oceanwide have not extended the current Dec. 31, 2020, “end date” under the merger agreement, Genworth said in a news release on its website. The deadline to complete the merger already has been extended 16 times. Such a merger was expected to infuse Genworth with $1.5 billion in capital.

Housing Market Fundamentals To Remain A Constant In 2021: Survey

December 22, 2020

First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions,…

Here Is What’s In Congress’ COVID-19 Relief Package

December 22, 2020

Congress passed a bipartisan $900 billion COVID-19 relief bill after intense negotiations over its final details. $600 direct payment checks for every adult and child earning up to $75,000. Individuals earning between $75,000 and $99,000 would get smaller checks, and the benefit cuts out entirely for individuals earning over $99,000.

December 21, 2020

Spending Package Addresses ‘Surprise’ Medical Billing

The legislation will protect patients from being billed in situations such as going to the emergency room and getting care from a physician who is out of network or not covered by the patient’s insurance plan. Consumers have received bills for thousands of dollars when they receive emergency care in an out-of-network facility.

Report: Biden Drops Clues On Treasury, Fed Appointees

November 23, 2020

President-elect Joe Biden’s first Cabinet picks are coming Tuesday and several names and clues are being leaked. But one popular candidate to lead the Treasury Department might be staying at the Federal Reserve, according to a tweet Monday afternoon.

November 9, 2020

Penalty Or Tax? ACA Fate Rests On Supreme Court’s Distinction

Some possible outcomes as the constitutionality of the Affordable Care Act goes before the Supreme Court once again.

Majority Of Americans Don’t Want Obamacare Overturned

October 16, 2020

A Kaiser Family Foundation tracking poll found nine in 10 Democrats (89%) and two-thirds of independents (66%) also said they do not want to see the Supreme Court overturn the Affordable Care Act while three-fourths of Republicans (76%) said they would like to see the entire law overturned.

Nearly Half Of Advisors Helping Clients With COVID-Related Concerns, NAIFA Survey Says

October 12, 2020

Advisors are spending less time meeting with clients face to face, but advisors also are helping clients with COVID-19 concerns,…

Health Insurers See 2Q Earnings Jump, Moody’s Reports

August 24, 2020

Consumers postponed nonessential health procedures during the initial COVID-19 outbreak, and that led to unusually high second-quarter earnings for publicly…

August 20, 2020

Supreme Court Won’t Hear Obamacare Case Until After Election

The Supreme Court will hear oral arguments in a Trump administration-backed lawsuit to strike down the Affordable Care Act one week after Election Day. The case against the ACA is led by Texas and a group of Republican-led states. California and a group of Democratic-led states are defending the law.

Report: Only 1 In 5 Of The 143 Largest Public Pensions Is Strong

August 19, 2020

Only one in five of the 143 largest statewide public retirement systems in the U.S. are resilient, a new analysis published by the bipartisan nonprofit Equable Institute shows. And five states California, Illinois, New Jersey, Pennsylvania and Texas account for more than 50 percent of unfunded liabilities.

August 11, 2020

Only A Can-Do Attitude Will Beat Covid-19: Column

It seems like we’ve been living with the coronavirus pandemic in a slow-motion time warp. But it’s time we snap out of it and beat this plague with the can-do attitude that has characterized Americans’ character when faced with other seemingly insurmountable crises.

August 10, 2020

Florida Democrats Blast Trump Payroll Tax Pledge

A Quinnipiac University poll of Florida voters released last month showed Biden leading Trump by three points, 49% to 46%, among older voters. The poll said 80% of people over the age of 65 were paying “a lot” of attention to the presidential race.

August 10, 2020

White House, Democrats Spar Over Trump Coronavirus Aid Orders

The White House and top Democratic lawmakers sparred Sunday over President Donald Trump’ s executive orders to extend expired benefits to tens of millions of American workers left unemployed by the coronavirus pandemic and defer payroll taxes for many workers.

August 6, 2020

Stimulus: Lawmakers Hope To Reach Deal With $1,200 Payments

Top Democrats emerged from a 90-minute meeting with Trump administration officials to declare more progress on reaching common ground in an aid package expected to include a second round of $1,200 direct payments. Another glimmer of hope emerged as a key Senate Republican suggested the party may yield to Democrats on an increase in the food stamp benefit.

August 6, 2020

US Might Be Facing Extended Economic Depression: Opinion

As the US entered August, the economic damage from the necessary social distancing and closure protocols to contain the spread of the coronavirus disease began to hit. The US economy is suffering an even bigger shock than after the 9/ 11 terror attacks or the 2008 financial crisis.

August 3, 2020

U.S. Study Reveals Gaps In Chronic Care Needs And Experiences

New research has shed light on a longstanding healthcare system challenge that affects more than 1 in 3 Americans: Health outcomes are not improving for those with complex, chronic health concerns, even though they see their doctor frequently and take multiple medications.

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