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Gilbert mayoral candidate drops out of race amid 'Goons,' financial fraud controversy

April 25, 2024

Gilbert mayoral hopeful Shane Krauser withdrew from the race amid election challenges, "Gilbert Goon" associations and a history of fraud.

Iowa home owners face home insurance "wreck"

April 25, 2024

Iowa and the Midwest are a "wreck" right now when it comes to home insurance, says Jeff Weddle, general manager of Guardian Mutual Insurance Association in Dallas Center.Why it matters: Iowans are paying big costs to ensure their homes are insured or they're holding off from buying homes entirely, partly due to rising premiums.How it started: The 2020 and 2021 derechos, as well as…

The fate of emergency abortion care rests with the Supreme Court

April 24, 2024

It also meant that Memorial Regional, flagship of a public health system, had violated a federal law requiring hospitals to provide emergency care, officials at the Centers for Medicare and Medicaid Services concluded. The agency in October 2023 warned Memorial Regional to immediately take corrective steps- or risk forfeiting hundreds of millions of…

'A well mounted fraud', say investors of Grupo Peak, which declared 'bankruptcy'.

April 24, 2024

According to versions of former employees, the financial group, which described itself as a diversified investment portfolio with a presence in more than 19 Mexican states and a portfolio of over 250 million pesos, was nothing more than a well put together fraud. Each client entered the business with an investment of between 500 thousand to one million pesos,…

'A little bit of blood': Mississippi tech company settles welfare scandal suit

April 24, 2024

Lobaki is one of the first defendants in Mississippi's civil suit against dozens of alleged welfare fraudsters to exit the case through a settlement. Phil Bryant directed some of its funding, maintains the company did nothing wrong. Ricky Junco was working a low-wage, e-commerce job at Goodwill and volunteering to teach Microsoft Word to kids at a youth…

Patient to be compensated by health plan that denied breast augmentation

April 24, 2024

A patient will be compensated R $10,000 for moral damages after her health insurance plan denied coverage for a surgical procedure. The decision comes from the 14th Civil Chamber of the Minas Gerais Court of Justice, which upheld a decision by the Betim District Court, in Greater Belo Horizonte. According to the lawsuit, the patient was diagnosed with scoliosis…

MS lawmakers still can't agree on Medicaid expansion four days before deadline

April 24, 2024

Mississippi lawmakers met to try and iron out a compromise on Medicaid expansion but left with only the agreement to keep conversations alive.

Eligible New Yorkers will no longer have copays for insulin

April 23, 2024

Kathy Hochul signed legislation to eliminate insulin cost-sharing for any New Yorker on a state-regulated health insurance plan. In addition to the cost elimination for eligible New Yorkers who use insulin, Hochul signed a $37 billion Medicaid investment plan to support the state’ s health care system. People with diabetes often have medical expenses that…

Peak, the story of the Monterrey-based fund that defrauded its investors

April 23, 2024

Peak Investment Fund Management, an investment firm based in Monterrey, has decided to file for bankruptcy, affecting the resources of more than 100 investors throughout Mexico. What is Peak Investment and why did it file for bankruptcy? Peak Investment also offered investors the possibility of participating in a settlement agreement, with a term of 72 hours,…

David Beckham and Mark Wahlberg's friendship ends in lawsuit

April 23, 2024

Beckham accuses Wahlberg's fitness company, F45 Training, of deceit and fraud, alleging that he was not paid what he agreed to for his image and that he was offered shares that later plummeted in value, according to legal documents accessed by CNN. Beckham claims that F45 Training used his image to promote the company without paying him the amount agreed in the…

Trump thinks migrants are 'killing' Social Security and Medicare. He's wrong.

April 22, 2024

"Unlike the Democrats, who are KILLING SOCIAL SECURITY AND MEDICARE by allowing the INVASION OF THE MIGRANTS, I will NOT, under any circumstance, allow either of these two precious GEMS to be even touched under a Trump Administration. But as regular readers know, Social Security and Medicare are under strain. Since 1995, the trustees of Social Security have warned,…

Was President Biden correct in saying Medicare Part D will cap costs at $2,000 for drugs?

April 22, 2024

Biden was referring to the Inflation Reduction Act, part of which targeted prescription drug costs. It passed in 2022 with no Republican support.

Man convicted in scam to defraud traumatic brain injury fund

April 22, 2024

C.R. Kraus, 58, of Manville, was found guilty by a federal jury on five counts of healthcare fraud, four counts of tax evasion and conspiracy to commit healthcare fraud, the U.S. Attorney’ s Office District of New Jersey said in a news release on Friday. The New Jersey Traumatic Brain Injury Fund is a publicly funded program run by the New Jersey Division of Disability…

Financial fraud, romance scams skim U.S. elders of 27 billion in one year

April 22, 2024

Hispanic older adults are, after Whites, the second most affected demography by financial crimes against consumers

Personal finance: How retirement questions change with each decade of life

April 22, 2024

Here are ways to think about each age and what questions to ask yourself

Why business owners struggle to retire

April 22, 2024

In my years as an executive coach, I've had the privilege of guiding many successful entrepreneurs and business owners through various stages of their careers. However, one of the most challenging transitions for any business owner is the move towards retirement. This phase, often marked by apprehension and uncertainty, stems not just from the financial…

Elevance notches $2.3B in profit, unfazed by Change attack

April 19, 2024

–The impact of a cyberattack on a major claims clearinghouse, membership losses from Medicaid redeterminations and lower funding in Medicare Advantage didn’ t stop Elevance Health from beating Wall Street expectations for earnings and revenue in the first quarter.– The Indianapolis- based insurer brought in $2.3 billion in profit— up 13% year over year— on…

These Republicans wanted a Medicaid work requirement but couldn't get approval. So they got creative.

April 19, 2024

Republicans in the North Carolina legislature wanted to attach a work requirement to their Medicaid expansion program. When the North Carolina legislative session ends, Jim Burgin, a conservative Republican state senator who serves as chair of his state's Senate Health Care Committee, will go back to his daily life as a businessman. That's why when Medicaid…

Insurance crisis: Industry-backed bills to end Louisiana’s 3-year rule near final approval

April 19, 2024

Louisiana Insurance Commissioner Tim Temple. (Photo credit: Greg LaRose/Louisiana Illuminator)Two bills to repeal a consumer protection law in Louisiana that stops insurance companies from canceling homeowner policies without good reason are nearing final approval in the Legislature. Senate Bill 370, sponsored by Sen. Adam Bass, R-Bossier City, cleared the House Insurance Committee…

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