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Mayo Clinic Expands Patient Information Office in Guatemala

May 15, 2025

Newswise — GUATEMALA CITY — Mayo Clinic’s patient information office in Guatemala, one of Mayo’s first local offices to assist patients in the region, is growing. Mayo Clinic is adding a second representative to the office to assist patients, referring physicians, health insurance companies, and others interested in connecting with Mayo. The office in Guatemala City…

P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

May 15, 2025

By William Nibbelin, Senior Research Actuary, Triple-I The U.S. P&C insurance industry’s financial outcomes for 2024 revealed a net combined ratio (NCR) of 96.6, demonstrating a substantial 5.1-point enhancement compared to the prior year and representing the sector’s most favorable underwriting performance since 2013, as detailed in a recent report by Triple-I and Milliman.

WA budget includes $150M to maintain health coverage for low-income immigrants

May 15, 2025

Thousands of people who are not U.S. citizens would continue to receive Medicaid-like health care coverage in Washington state under the budget plan the Legislature recently approved. But the program could make the state a target for Medicaid cuts Republicans in Congress are pursuing. Washington opened its Apple Health Expansion program for immigrants without legal […]

Outrage as State Farm General To Raise Insurance Rates in California Up To 38% Starting Next Month

May 15, 2025

State Farm will raise California insurance rates by up to 38% from 1 June, prompting backlash over affordability and lack of transparency. A review is due in October.

Texas Progressives

May 15, 2025

Off the Kuff has your list of Democratic Senate maybe-candidates so far. SocraticGadfly talks about Southwest Airlines facing more turbulence and what some of the post-May 28 will mean. Democrats want Biden to go away; leftists want Democrats to go away. Henry Cuellar still has Texas and national Democrats by the gonads. Once again, this time on homeowners’ insurance costs, the…

UnitedHealth’s Shares Plunge After Reports Of Medicare Fraud Investigation

May 15, 2025

The DOJ's criminal healthcare fraud unit is reportedly examining UnitedHealth's Medicare Advantage business practices.

No proof of work could mean no Medicaid — and women stand to lose the most

May 15, 2025

Congressional Republicans are poised to make massive spending cuts to the Medicaid program that provides health insurance to millions of Americans — in part by enacting federal work requirements that they claim won’t affect the most vulnerable recipients. But data analysis shows that poor middle-aged and older women would be among the most impacted.

DeSantis will veto bill to allow adult children to sue for malpractice damages

May 15, 2025

“That is going to lead to a flood of lawsuits against practitioners and against hospitals," DeSantis said.

DeSantis will veto bill to allow adult children to sue for malpractice damages

May 15, 2025

“That is going to lead to a flood of lawsuits against practitioners and against hospitals," DeSantis said.

Best High-Yield Savings Account Rates Today, May 15, 2025: Up to 5.00%

May 15, 2025

With the Federal Reserve holding interest rates steady once again, savers still have a window to lock in some of the highest APYs we’ve seen in years. Many of today’s top high-yield savings accounts (HYSAs) are offering rates north of 4.50%, with a few standout banks inching even closer to 5.00%.

Central Banks Forgot What Drives Inflation —Tim Congdon Didn’t

May 15, 2025

Before I review The Quantity Theory of Money: A New Restatement (PDF) chapter-by-chapter, allow me to put things into context. Tim Congdon is the deepest thinker in this field and one with enormous experience as a banker with real skin in the game. If that weren’t enough, he started his career as an economics journalist…

6 Insurance Loopholes That Slash Elderly-Care Premiums Overnight

May 15, 2025

As healthcare costs rise and Americans live longer, the price tag attached to elderly care has become an intimidating force. Long-term care insurance assisted living, and in-home nursing support can quickly drain even well-planned retirement savings. But what if you didn’t have to accept those sky-high premiums at face value?

Hail No! Hail Storms Do Not Explain Oklahoma’s Outrageous Homeowners’ Insurance Rates

May 15, 2025

Media accounts parrot the Oklahoma Insurance Department’s claim that the state’s extraordinarily high homeowners’ insurance rates are attributable to hail damage. But the data doesn’t support that explanation. The post Hail No! Hail Storms Do Not Explain Oklahoma’s Outrageous Homeowners’ Insurance Rates appeared first on Oklahoma Watch.

Major health insurer facing criminal DOJ probe for possible fraud: report

May 15, 2025

Federal investigators are investigating a major health insurer for possible criminal Medicare fraud, people familiar with the matter told The Wall Street Journal on Wednesday.Health care fraud investigators at the Justice Department have been probing UnitedHealth Group since at least the summer of 2…

Colorado would lose billions in Medicaid funding under House Republicans’ plan

May 15, 2025

More than 100,000 Coloradans could lose their health insurance and the state would face a budget shortfall in the billions if Congress passes newly proposed cuts to Medicaid, according to preliminary estimates from state agencies and nonprofit groups. Two points in House Republicans "plan to slash Medicaid spending would cause most of the losses: work…

WSJ: Feds investigating UnitedHealth for criminal Medicare fraud

May 15, 2025

Just days after the company announced a change at the top and the suspension of its 2025 outlook, a new media report suggests its health insurance division is facing a criminal fraud investigation.

Fed’s Powell: Time to reconsider monetary policy strategy, communications

May 15, 2025

The Federal Reserve is gearing up to re-evaluate how it sets and communicates monetary policy in light of economic shifts of the last five years, chair Jerome Powell said Thursday. The big picture: The Fed is reviewing its monetary policy framework — the goals and methods it uses to set interest rate policy and communicate it to the public — for the first time since 2020. It is…

Homebuilders: Oversold, Undervalued, and Ready to Run?

May 15, 2025

SPDR S&P Homebuilders ETF As of 05/14/2025 04:10 PM Eastern ▼ Dividend Yield0.78% Assets Under Management$1.26 billion Homebuilding stocks have had a rocky start to 2025, underperforming the broader market amid persistent macroeconomic uncertainty and elevated rates. However, that trend might finally be turning. The SPDR S&P Homebuilders ETF NYSEARCA: XHB, which tracks the…

Hurricane Season preparedness: What to document for insurance before Hurricane Season 2025

May 15, 2025

Here are some things you can do before hurricane season to get the best insurance payout possible, should your property be damaged in a storm this season.

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