Over the past decade, the average deductible that workers must pay for medical care before insurance kicks in has more than tripled, from $303 in 2006 to $1,077 today, according to the report by the nonprofit Kaiser Family Foundation and the Health Research& Educational Trust. The Kaiser report did not break down deductibles by state, but other groups have…
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Optima Health, a leading insurer serving the greater Virginia area, recently selected predictive analytics pacesetter Jvion and the firm's RevEgis platform to help drive improvements in physician quality reporting and utilization. As the insurer of choice for more than 449,000 members throughout Virginia, Optima Health provides a broad spectrum of…
Sept. 23– Georgia and the Augusta area are missing out on coverage because the state refuses to expand Medicaid, a health care advocate said. Cindy Zeldin, the executive director of Georgians for a Healthy Future, is helping to organize a policy forum in Augusta on Thursday to present data about the coverage gap in Georgia and in the Augusta region despite the…
Estate and elder law attorneys sometimes feel unable to help a client. They express frustration that the traditional planning strategies just won't work in the situation presented. When Jane's husband, David, died two years ago, Jane gave each of her children $100,000 without consulting a lawyer.
The evacuees had put their lives on hold here for up to 10 days since the Valley fire ignited and swept over a huge swath of southern Lake County, burning more than 1,200 homes and killing at least three people. Some evacuees had homes waiting for them, but many others said their next stop was a shelter that opened Saturday at Twin Pine Casino and Hotel outside…
Sept. 22– A former Valparaiso man who was ordered to pay $188 million in two civil judgments has admitted he lied in order to hide money he had in an offshore account. Peter G. Rogan, 69, pled guilty to one count of perjury Tuesday at the U.S. District Court in Chicago, according to a release from the U.S. Attorney's Office in Chicago. A federal judge ordered Rogan in 2006 to…
Sept. 23– EDMOND– Capital Projects and Financing Task Force members have recommended that $2.6 million be spent to make downtown storm water improvements and add side street parking. The latest flooding occurred over the July 4 holiday weekend at Downtown Edmond Plaza, 100 N Broadway. “The northeast corner of Hurd and Broadway was flooded again for the eighth…
Sept. 23– A top candidate for Travis County district attorney promised Tuesday to seek alternatives to a controversial funding deal allowing a giant insurance company to pay the government for fraud prosecutions. Gary Cobb, an assistant district attorney in Austin, joined other officials who have expressed concerns about the unusual and cozy partnership…
Despite further signup progress during last winter's enrollment period, the federal Department of Health and Human Services announced Tuesday that the tri-county South Florida metro area will be one of its top five target areas for outreach when the third open enrollment period begins Nov. 1. The percentage of uninsured in Broward, Palm Beach and Miami-Dade…
Sept. 23– Nationwide Insurance is suing PennDOT after one of their customers struck a loose grate on Route 51 in Pittsburgh that caused her to wreck her car last October. According to the complaint, Indra Gurung was driving south on Saw Mill Run Boulevard Oct. 23 when her 2013 Honda Accord went over a drainage grate, which dislodged, struck the undercarriage of her…
Sept. 23– State employees in Alabama will pay $15 more per month for health insurance next year due to cuts in the state budget, officials of the State Employee Insurance Board said Tuesday. “It was a really bad day,” Liane Kelly, said a lobbyist for the Alabama Retired State Employees Association. Robert Bentley signed a $1.75 billion General Fund budget into law on…
Sept. 21– Nicholas Juache, owner of the ice cream shop and Juaritos& Alignment, a garage at 208 S. Main St., is determined to rebuild from the Aug. 23 fire that destroyed his businesses. The fire started at about 6:30 p.m. Aug. 23 at Paleteria Juaritos, an ice cream shop at 214 S. Main St., and eventually spread north to an adjacent warehouse full of tires. The cause of the fire is…
–Principal and CEO of the Surgicalist Group, Mit Desai, MD FACS, announced today that Bruce Curran was selected as the new Vice President of Finance. “We are very happy to have Bruce join our team and we look forward to him advancing and managing a well-balanced and disciplined financial system that caters to our unique business model at The Surgicalist Group,” Desai…
A.M. Best has affirmed the financial strength rating of B++ and the issuer credit rating of“ bbb” of Grupo Mexicano de Seguros S.A. de C.V.. Additionally, A.M. Best has assigned a Mexico National Scale Rating of“ a.MX” with a stable outlook to the company. While A.M. Best expects GMX’ s prospective BCAR to be supportive for the current rating levels, in the next few years, it will…
New analysis shows 17.6 million have gained coverage as Affordable Care Act provisions have taken effect; about 10.5 million uninsured individuals are eligible for Marketplace coverage
Sept. 22– At the ripe old age of 29, Cole Robertson has accomplished quite a bit in his life. He's a Kansas State University degree holder, a business owner, and one who's been in the business of insurance and financial services in Junction City since 2010.. Cole had previously taken over the Farmers Insurance office from Larry Minick, located at 1001 W. Sixth St., back in…
It's the key reason why many Americans haven't felt much benefit in recent years as growth in health care spending has slowed, according to survey results and a report being released Tuesday by the California- based Kaiser Family Foundation. Health insurance premiums this year are up by about 4 percent, with the annual cost of family coverage in employer plans…
Fitch Ratings has affirmed the rating for Welsh Road Funding LLC as follows:. –$2,500,000,000 commercial paper notes at' F1+ sf'. The notes are supported by a $2.5 billion unconditional and irrevocable surety issued by Columbia Insurance Company, which is further enhanced by a corporate guaranty made by BHI.
According to the indictment, Patrick Emanuel Sutherland, 47, and his companies received deposits from domestic and foreign sources exceeding $2.5 million between 2007 and 2010, yet Sutherland fraudulently under-reported his business receipts and personal income to the IRS by more than $1.5 million. In reality, the indictment says, most of the money was…
