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Negotiations threaten Premera coverage for MultiCare patients in WA

May 12, 2026

Starting in June, Washingtonians on Premera Blue Cross insurance may no longer pay in-network rates at MultiCare hospitals and clinics, if the insurer and healthcare organization can't agree on reimbursements. This includes Yakima Memorial Hospital, Tacoma General Hospital and Capital Medical Center in Olympia. While Overlake Medical Center in Bellevue…

Warsh, Trump's pick to head Federal Reserve, clears Senate hurdle

May 12, 2026

The Senate voted Tuesday to confirm Kevin Warsh to the Federal Reserve's board of governors and also voted to advance his nomination to serve as chairman of the central bank, where he will have significant influence over future interest rates. The Senate voted 51 to 45 to confirm Warsh to the Fed's board of governors and then voted 51-45 to advance his…

Healey files bill requiring annual registration, insurance for all motorized bicycles in Massachusetts

May 12, 2026

Electric bicycle enthusiasts in Massachusetts may be hitting the brakes on a new summertime hobby as Beacon Hill is considering new regulations and costs for e-bike users. Maura Healey is proposing legislation that would require an annual registration, liability insurance, and an official Massachusetts license plate for all electric bicycles in…

Rob Sand unveils water quality, public health plan

May 12, 2026

Iowa state auditor and Democratic gubernatorial candidate Rob Sand on Thursday unveiled a new water quality and public health proposal aimed at addressing the state's rising cancer rates, improving water quality, expanding access to health care and lowering costs for Iowans. Sand's proposal includes creating a statewide "dirty water" notification system,…

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

May 12, 2026

The nomination of Kevin Warsh as Federal Reserve chair is reviving a debate about Fed independence. Kevin Warsh is now likely to secure Senate approval as the next Federal Reserve chair– and become arguably the most powerful central banker in the world. On one level, the question reflects President Donald Trump's intense pressure on the central bank to cut…

Malpractice premiums are climbing for Kansas doctors

May 12, 2026

Rising liability insurance costs in Kansas and across the nation are prompting doctors to call on states to impose limits on the damages patients can collect in malpractice cases. Why it matters: Groups led by the American Medical Association (AMA) say that without payout limits, physicians will relocate from high-cost states, leaving patients with fewer care options. State of…

Doctors press more states to cap malpractice payouts

May 12, 2026

Rising liability insurance costs are prompting doctors to call on states to impose more limits on the damages patients can collect in malpractice cases. Why it matters: More than half of the states have enacted malpractice payout limits, in an effort to make insurance premiums more predictable. But groups led by the American Medical Association say that without more relief,…

The Fed’s inflation reckoning deja vu

May 12, 2026

Five years ago, inflation was taking off, and Federal Reserve leaders wrongly believed that it would be transitory. Now, leaders of the central bank are focused on how to avoid repeating that mistake. The big picture: The U.S. is facing an eerily familiar backdrop of price shocks, and the Fed is trying to avoid a repeat of its biggest forecasting error of recent years. Fed chair…

U.S. economy adds 115,000 jobs in April, while jobless rate holds steady

May 12, 2026

Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios The U.S. economy added 115,000 jobs in April, while the unemployment rate held at 4.3%, the Labor Department said on Friday. Why it matters: Employers kept hiring through the Iran war’s energy shock, a sign of labor market resilience that complicates the case for the Federal Reserve to cut interest rates. By the…

What Japan signals about the war-hit economy

May 12, 2026

The Iran war is trapping the world’s central banks with an energy shock that simultaneously undermines growth and stokes inflation, with no good policy response to either. Each of the world’s most important central banks faces that dilemma in policy meetings this week. Why it matters: From Tokyo to Washington, central banks that were on track to normalize policy are now paralyzed,…

Federal Reserve chair Powell: Will he stay or will he go?

May 12, 2026

This is shaping up to be a momentous week for the Federal Reserve. What comes next for the Fed’s leadership has come into clearer focus in the last three days, but one big question hangs over the institution. The big picture: On Wednesday, the Senate Banking Committee is set to advance Kevin Warsh’s nomination to lead the Fed, after Sen. Thom Tillis (R-N.C.) indicated his…

How a swap line for Persian Gulf allies would break with the past

May 12, 2026

If the United States gets into the business of providing dollar liquidity to the United Arab Emirates and other Persian Gulf states battered by the Strait of Hormuz’s closure, it will amount to a novel use of an old power. The big picture: The Federal Reserve used swap lines with foreign central banks as a key tool to calm global financial disruptions in periods of stress, starting…

Senate confirms Warsh as Fed governor, chair vote is next step

May 12, 2026

The U.S. Senate voted Tuesday to confirm Kevin Warsh as a member of the Federal Reserve Board of Governors, putting President Donald Trump's pick one step away from the position of Fed chair. The Senate vote to confirm Warsh as leader of the seven-member Board of Governors is expected Wednesday, CNBC reported. John Fetterman, D- Pa., who voted to confirm Warsh.

Mark Farrah Associates Assessed Year-End Health Insurance Segment Membership Trends

May 12, 2026

Mark Farrah Associates, www.markfarrah.com, released a year-end 2025 health insurance segment enrollment update. MFA compared membership between 4th quarter 2025 with 4th quarter 2024 to provide greater insights into enrollment trends for the Individual, Group, ASO, Medicare Advantage, and Medicaid insurance segments. As of December 31, 2025,…

Kevin Warsh Confirmed as Fed Governor as Powell Stays on the Board

May 12, 2026

After what may go down as the most controversy-laden confirmation process in Federal Reserve Bank history, conservative economist Kevin Warsh was confirmed Tuesday to a 14-year term as a Federal Reserve Governor, clearing the way for his appointment as chair. Democrat Sen. John Fetterman (D-PA) joined Republicans in a 51-45 vote. Current Fed Chair Jerome…

Novus Capitalizes on Cannabis Rescheduling, Releases Q1 2026 Growth

May 12, 2026

10 Years of Future-Proofing Its Business Model for This Exact Moment MIAMI, FL – May 12, 2026 (NEWMEDIAWIRE) – Novus Acquisition & Development Corp. d/b/a Novus Cannabis MedPlan (OTC: NDEV), a pioneer operating as a Specialized Cannabis and Traditional Health Insurance Carrier, today announced its Q1 2026 financial highlights during a landmark era for the industry. Novus is…

Symetra Names Jeff Sealey Vice President, Stop Loss Captives

May 12, 2026

Symetra Life Insurance Company, a stop loss pioneer currently celebrating 50 years as an industry leader, today announced the appointment of Jeff Sealey as vice president, Stop Loss Captives. “We are delighted to welcome Jeff Sealey to the stop loss team,” said Jeremy Freestone, senior vice president, Stop Loss Business Strategy.“ Jeff brings a diverse background…

AFL-CIO and major unions warn Senate crypto bill puts workers’ pensions at risk ahead of Thursday committee vote

May 12, 2026

The AFL-CIO, SEIU, and three of the largest teachers’ unions in the United States have formally urged senators to reject a crypto regulation bill set for a committee vote Thursday, warning that it could push pension funds and retirement systems deeper into volatile digital asset markets with inadequate consumer protections.

Why Kevin Warsh might still prove to be an independent Federal Reserve chair

May 12, 2026

Kevin Warsh is now likely to secure Senate approval as the next Federal Reserve chair– and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored the dilemma that Warsh, lawmakers and the Fed all face:.

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