Health insurance policies amended, delivered, issued or renewed in Illinois on or after Jan. 1, 2028, will be required to cover up to a six-month supply of prescribed hormone therapy under a bill Gov. Katie Stuart, D- Edwardsville, and in the Senate by state Sen. The Senate passed an amended version May 30, and the House concurred June 1.
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Health insurance policies amended, delivered, issued or renewed in Illinois on or after Jan. 1, 2028, will be required to cover up to a six-month supply of prescribed hormone therapy under a bill Gov. Katie Stuart, D- Edwardsville, and in the Senate by state Sen. The Senate passed an amended version May 30, and the House concurred June 1.
—Most U.S. stocks are rising Thursday after the latest update on the job market suggested the Federal Reserve may feel less pressure to hike interest rates. Stocks broadly got some help from easing Treasury yields in the bond market, which fell after a report from the U.S. government said employers added 57,000 jobs to their payrolls last month.
The U.S. economy added 57,000 jobs in June, reflecting a steady job market, according to a new report from the U.S. Bureau of Labor Statistics released on Thursday. The U.S. unemployment rate dropped to 4.2% in June, according to the BLS. Chris Zaccarelli, Chief Investment Officer for Northlight Asset Management called the June report a "stark reversal" from recent…
Malibu Life Holdings Limited, a London Stock Exchange- listed insurance holding company focused on the U.S. retirement and annuity market, today announced the successful closing of its acquisition of TruSpire Retirement Insurance Company, which will be rebranded as Malibu Life USA. TruSpire brings Malibu Life a U.S.- domiciled insurance company with broad…
Today, Mayor Zohran Kwame Mamdani, the NYC Health Department and NYC Health+ Hospitals announced an expanded outreach effort to protect more than 200,000 New Yorkers from losing healthcare coverage as changes to the Essential Plan caused by federal disinvestment go into effect July 1. No New Yorker should be skipping doctor's appointments, ignoring…
At first glance, West Virginia appears to be faring better than much of the country. In 2024, 3.7% of children under age six in West Virginia were uninsured, well below the national average. The Georgetown report found that West Virginia was one of just nine states where the increase in uninsured young children outpaced growth among older children.
Kansas City could soon move to get a blighted downtown building into the hands of someone else who could pursue rehabilitation. The City Council’ s finance committee advanced a plan on Tuesday to begin the receivership process on the former Federal Reserve building, 925 Grand Blvd. The historic building was once the home of the Federal Reserve Bank of Kansas…
Families covered by United Healthcare could see changes to how some breastfeeding support services are reimbursed beginning Sept. 1, as the insurer limits payment for lactation counseling visits to the mother. United Healthcare said it will no longer reimburse claims submitted under an infant's medical record using that code and will instead reimburse…
The following information was released by the California Department of Insurance:. LOS ANGELES Insurance Commissioner Ricardo Lara applauded a judge's order upholding his authority to protect consumers' access and stabilize the state's insurance market. Late yesterday, Los Angeles Superior Court Judge Tiana J. Murillo rejected a lawsuit filed by…
Governor Kathy Hochul today announced that the New York State Department of Financial Services has issued new guidance to insurers, implementing reforms enacted in the Fiscal Year 2027 Budget to help bring down the cost of auto insurance rates and combat fraudulent claims across New York State. "Since taking office, I have been committed to making New York…
Louisiana has more riding on this than almost any state in the country. "Since FEMA's Risk Rating 2.0 program went into effect, Louisiana families have opened their flood insurance bills with more questions than answers: why their premium jumped and what discounts they're missing," said Rep. Carter. "Louisiana has more riding on this than almost any state in the…
"The FOMC generally prohibits external communications around FOMC meetings to' reinforce the public's confidence in the transparency and integrity of the monetary policy process.'". Senators Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, Jack Reed, and Chris Van Hollen sent a letter to Michael Horowitz, the…
This week, the U.S. House of Representatives passed the bipartisanTRIA Program Reauthorization Act, legislation introduced by Congressman Mike Flood and co-led by Congressman Andrew Garbarino, to extend the Terrorism Risk Insurance Program through 2034.. "As a lifelong New Yorker, I know the lasting impact the September 11th terrorist attacks have had on…
The following information was released by New York Senator Kirsten E. Gillibrand:. "Donald Trump and Republicans chose to give billionaires tax cuts and launch reckless wars overseas instead of lowering healthcare costs for New York families. While Trump and Republicans in Congress continue to put the wealthiest Americans first as they make working…
Representative Lloyd Doggett, Ranking Member of the House Ways and Means Health Subcommittee, joined by 44 colleagues, introduced the Saving Medicare Enrollees from Deceptive Insurers and Creating Ample Resources for Everyone Act. The Saving MEDICARE Act would finally start to level the playing field between Medicare Advantage and Traditional Medicare…
This week, Congressman Cleo Fields, along with Representatives Troy Carter, Mike Ezell, and Rob Bresnahan, introduced H.R. 9511, the NFIP Premium Transparency Act, legislation that would require the Federal Emergency Management Agency to give the more than 400,000 Louisiana policy holders enrolled in the National Flood Insurance Program a full, clear…
WASHINGTON D.C.– While he is a new Federal Reserve Chairman, Kevin Warsh kept it pretty much business as usual when he held his first meeting last week. The central bank voted unanimously to keep the standard interest rate in the 3.50% to 3.75% target range. There were also talks of a new strategy involving communication with Warsh releasing a shorter policy…
U.S. job growth likely slowed to a still-solid clip in June, with the unemployment rate expected to hold steady at 4.3% for a fourth straight month, consistent with a stable labor market. Economists expected the Labor Department's closely watched employment report on Thursday to keep a September interest rate hike from the Federal Reserve on the table amid…
