Nation in biref_102324 - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Health/Employee Benefits News
Newswires RSS Get our newsletter
Order Prints
October 22, 2024 Newswires
Share
Share
Post
Email

Nation in biref_102324

Staff WriterHenry Daily Herald

White House rule would expand access to cost-free birth control

The Biden administration on Monday proposed making over-the-counter contraception available at no cost and with fewer administrative hurdles.

"Today, my Administration is taking a major step to expand contraception coverage under the Affordable Care Act. This new action would help ensure that millions of women with private health insurance can access the no-cost contraception they need," President Joe Biden said in statement.

The proposed rule — issued jointly by the departments of Health and Human Services, Labor and Treasury — seeks to require insurance plans to cover OTC contraceptives at no cost and without a prescription for individuals with commercial insurance plans. Health plans would also be required to tell beneficiaries about the policy and would expand their required coverage of preventive services for prescribed contraceptives without cost sharing.

Under the 2010 health care law, most private insurance plans must cover birth control without cost sharing. Currently patients can get coverage without cost sharing for over-the-counter contraceptives, including oral contraceptives, spermicide and condoms with a prescription, such as female condoms, or through their provider in a health facility, or for long-acting services like an IUD, which is an intrauterine birth control device.

If finalized, the rule would require plans to make all available OTC contraceptive products available through in-network pharmacies. A senior administration official said logistics would be clarified in the final version of the rule.

"This new proposed rule will build on our Administration's work to protect reproductive freedom by providing millions of women with more options for the affordable contraception they need and deserve," Vice President Kamala Harris said in a statement. "That includes coverage for no-cost over-the-counter contraception without a prescription for the first time in our nation's history."

Jennifer Klein, assistant to the president and director of the White House Gender Policy Council, called the proposed change the "most significant expansion of contraception coverage under the Affordable Care Act in more than a decade" in a call with reporters.

The proposed change comes on the heels of the rollout of the first available OTC contraceptive pill earlier this year. The Food and Drug Administration approved the Opill, the progestin-only birth control pill made by HRA Pharma, in July 2023. Progestin is a synthetic hormone used in birth control.

The pill became available in March 2024 for $19.99 for a one-month supply or $49.99 for three months, but advocates have called for bringing down the price and requiring insurance coverage of the drug.

Energy grants aim to harden grid against events like Helene, Milton

The Energy Department on Friday announced $2 billion in grants to fund 32 grid improvement projects intended to protect against extreme weather and increase grid capacity.

The projects span 42 states and the District of Columbia and support activities such as mitigating wildfire risk and upgrading aging infrastructure. The department estimated that they would create nearly 6,000 jobs, with more than 80 percent of those jobs using International Brotherhood of Electrical Workers labor. The projects would also add 7.5 gigawatts of grid capacity, which the department said would speed up interconnection for new clean energy projects.

President Joe Biden previously announced six of the projects, which will be located in communities impacted by hurricanes Helene and Milton, during his visit to Florida to survey damage on Oct. 13.

USDA offers clean energy funding, including swing-state projects

The Agriculture Department said Friday it would make $746.5 million in funding available for farms and small businesses to invest in clean energy through the Rural Energy for America and Empowering Rural America programs, including in the electoral swing states of Pennsylvania and Michigan.

The USDA will make $600 million available for REAP to help agricultural producers and rural businesses improve energy efficiency with renewable energy. The funds will be provided in three rounds until 2027 and $60 million of the money will go to underutilized renewable energy technology.

"Farmers, rural business owners and electric cooperatives are the backbone of our economy, and we are partnering with them to expand their operations while creating jobs and lowering energy costs," Agriculture Secretary Tom Vilsack said in a press release.

The USDA also provided $126 million in REAP grants to fund 654 clean energy projects in 39 states, Guam and Puerto Rico. The goal is to help agricultural producers and small businesses expand wind, solar, geothermal and small hydropower energy and make energy efficiency improvements.

The funding includes a $294,000 grant to Farmer Boy Ag Inc. in Pennsylvania and $813,000 grant to Veddler Dairy Farm Inc. in Michigan, both to install a solar photovoltaic system. Nearly $250,000 will go to Glen Lehner Farms LLC in Ohio to install an energy efficient grain dryer and $555,000 to a family-owned farm in Idaho, Poteet Farms Inc., to go solar.

The department is also spending $20 million through the ERA, a program aimed at strengthening U.S. energy independence and the resilience of the electric grid, to help the Allegheny Electric Cooperative cut energy costs and back the cooperative's investment in 25 megawatts of clean energy for about 235,000 households in Pennsylvania and New Jersey.

— From wire reports

Older

Asian Markets Mixed As Rate Cut Bets Are Trimmed; US Vote In Focus

Newer

Longtime Fulton County commissioner faces challenger for District 2 seat

Advisor News

  • IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
  • The hidden flaw in insurance AI adoption for advisors and carriers
  • Rising healthcare costs impact 401(k) accounts
  • What advisors think about pooled employer plans, alternative investments
  • AI, stablecoins and private market expansion may reshape financial services by 2030
More Advisor News

Annuity News

  • How annuities can help protect retirees from financial scams
  • MetLife Inc. (NYSE: MET) Climbs to New 52-Week High
  • The Standard and Pacific Guardian Life Announce Entry into Agreement to Transition Individual Annuities Business
  • AuguStar Retirement launches StarStream Variable Annuity
  • Prismic Life Announces Completion of Oversubscribed Capital Raise
More Annuity News

Health/Employee Benefits News

  • CDPHP RANKED #1 IN NEW YORK FOR MEMBER SATISFACTION IN THE JD POWER 2026 U.S. COMMERCIAL MEMBER HEALTH PLAN STUDY
  • Chicago comedians could get help buying health insurance from new fundraising alliance
  • Health insurers again propose double-digit premium increases
  • The United States may be the best place to build universal healthcare
  • STEINHARDT BILL TO IMPROVE COVERAGE FOR LIPEDEMA PATIENTS PASSES COMMITTEE
More Health/Employee Benefits News

Life Insurance News

  • Symetra Honored as 2026 ‘Community Champion’ by the Puget Sound Business Journal
  • Kyle Busch attorney rips ‘false narrative’ around life insurance coverage
  • Data verification: Modernizing life insurance for the digital consumer
  • The hidden risks of indexed universal life and what advisors should know
  • ATTORNEY GENERAL BROWN ANNOUNCES PRINCE GEORGE'S COUNTY INSURANCE AGENT CHARGED WITH FELONY THEFT AND INSURANCE FRAUD
More Life Insurance News

- Presented By -

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

Press Releases

  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet