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TOPEKA, Kansas, March 30– The American Cancer Society Cancer Action Network issued the following news release:. The American Cancer Society Cancer Action Network opposes increasing the availability of short-term limited duration health plans because they often deny coverage to individuals with pre-existing conditions– including COVID-19–, choose to not…

WASHINGTON, March 30– The American Council of Life Insurers issued the following news release on March 29, 2022:. Legislation passed by the U.S. House of Representatives today will help more Americans address the challenges they face planning for retirement. "The Securing a Strong Retirement Act could help even more people achieve a financially secure…
Federal regulations are putting the "F" in fiduciary for health plans.
Federal regulations impact self-funded employer-sponsored health plans and how employers are required to act in a fiduciary capacity.

The bill features provisions to loosen restriction on annuities in retirement plans in a section called Preservation of Income.

BRANCHVILLE, N.J., and WASHINGTON, March 30, 2022/ PRNewswire/– Nearly three-quarters of licensed drivers used a mobile device while driving for personal reasons in the past 90 days, according to a new survey commissioned by Selective Insurance and Advocates for Highway and Auto Safety and conducted online by The Harris Poll earlier this month among over 2,000…

The state has officially stepped in to a situation involving the insurance company Blue Cross Blue Shield of Illinois and Springfield Clinic. Blue Cross Blue Shield filed notifications of these changes in March, leading the state agency to fine Health Care Service Corporation, the parent company of Blue Cross Blue Shield $1,000 per day.

Nearly 46,000 people in New York who are currently ineligible for public health care programs due to immigration status would gain access to health insurance coverage under proposed state legislation, a report shows. "New York can step up and do the right thing," Elisabeth Benjamin, vice president of health initiatives at Community Service Society of NY, said in…

March's column is directed toward business owners who provide group health insurance. Effective Dec. 27, 2021, brokers and consultants are required to disclose expected commissions— in writing— to the clients in advance of a new sale, renewal or change to a health insurance contract. The threshold for disclosure is if the agent or agency expects to receive at…

March's column is directed toward business owners who provide group health insurance. Effective Dec. 27, 2021, brokers and consultants are required to disclose expected commissions— in writing— to the clients in advance of a new sale, renewal or change to a health insurance contract. The threshold for disclosure is if the agent or agency expects to receive at…
Federal regulations are putting the "F" in fiduciary for health plans.
Federal regulations impact self-funded employer-sponsored health plans and how employers are required to act in a fiduciary capacity.

Insurance and Safety Fire Commissioner John F. King announced Tuesday a $5 million fine against Blue Cross Blue Shield as the result of a months-long Market Conduction Examination into violations.

–Indian millennials seem to have realized the importance of maintaining a healthy savings regime even as the external scenario remains uncertain and ever changing. This is one of the key findings of the survey done by Tata AIA Life Insurance with Indians in the age group of 22– 35 years. Even as COVID-19 impacted the country and the world in recurring waves, more…

UnitedHealth to buy LHC Group for $5.4 B. UnitedHealth Group will spend $5.4 billion to acquire LHC Group and delve deeper into home health, an area of care expected to grow as baby boomers age. UnitedHealth, which runs the nation’ s largest health insurer, will add LHC Group Inc. to its Optum Health business, which operates primary care clinics and surgery centers…

The town of Barnstable has paid $567,000 since 2017 to settle claims against its police department, according to documents provided to the Times in response to a records request. The most recent settlement— which was also the largest by far— was related to allegations of employment retaliation and age discrimination made by former Barnstable police officer…

UnitedHealth to buy LHC Group for $5.4 B. UnitedHealth Group will spend $5.4 billion to acquire LHC Group and delve deeper into home health, an area of care expected to grow as baby boomers age. UnitedHealth, which runs the nation’ s largest health insurer, will add LHC Group Inc. to its Optum Health business, which operates primary care clinics and surgery centers…

The "Marine Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com' s offering. The global marine insurance market reached a value of US$ 31.4 Billion in 2021. Looking forward, the market is set to reach US$ 39.2 Billion by 2027, exhibiting at a CAGR of 3.65% during 2022-2027..

General insurers posted the greatest underwriting loss in the decade during the fourth quarter of 2021 as they almost doubled losses from insuring commercial and private vehicles. According to Insurance Regulatory Authority, the underwriting losses which are the difference between premiums collected and claims plus expenses paid grew almost fivefold…

On Monday, the Chicago public TV station notified the International Brotherhood of Electrical Workers Local 1220, which represents the striking workers, that it will terminate group health insurance coverage for the technicians as of April 1. “One of the guys on the picket line actively has cancer, and a couple of guys have had cancer in the past,” said John Rizzo,…