Oregon’ s Medicaid program overpaid up to $4.1 million to local healthcare organizations across the state after state officials failed to account for hundreds of duplicate identification codes for enrollees, putting federal funding for the program at risk, according to a new audit. State auditors believe that the duplicate codes cost the state anywhere…
Newswires
After two years of negotiations, WakeMed has reached an agreement with the nation’ s largest health insurance company to accept patients with its employer-sponsored commercial plans. WakeMed and UnitedHealthcare signed a three-year contract that restores in-network access to WakeMed hospitals, outpatient clinics and specialty physicians for…
California Insurance Commissioner Ricardo Lara today announced proposed regulations to prohibit insurance companies from using a driver's marital status as an optional factor when setting private passenger automobile insurance rates, taking the next step in his ongoing effort to modernize California's insurance regulations and strengthen…
The US dollar continues to be strong against the Franc, despite the pullback on Thursday. The U.S. dollar has pulled back against the Swiss franc despite the fact that the Federal Reserve sounded very hawkish in the previous session and raised rates again. Ultimately, I do like buying this dip, and I do think that the U.S. dollar goes higher over the longer term.
A household emergency plan can prevent panic, injury, and extreme financial loss, whether it's a fire or weather-related disaster. Have your insurance ready, make necessary home renovations, and start stocking up on emergency supplies, from medication to non-perishable pantry items. Understand what your immediate risks are, from hurricanes to wildfires, and…
The following information was released by the Financial Services Forum:. The Federal Reserve has proposed to re-calibrate the U.S. The GSIB surcharge framework assigns a specific systemic risk score to each U.S. bank that has been identified as a global systemically important bank.
Senator Cindy Hyde-Smith, chair of the Senate Pro-Life Caucus, and other pro-life lawmakers called on the Trump administration to reissue a rule to ensure taxpayers know whether their Affordable Care Act health insurance plans provide coverage for abortion services. The report was requested by Hyde-Smith as Senate Pro-Life Caucus chair along with the…
SCRANTON— Nursing home employees gathered outside four Embassy Healthcare- owned facilities Thursday afternoon to voice their concerns regarding two recent lapses in medical benefits coverage. Licensed practical nurse Karen Marx of Covington Twp.— an employee of the Embassy of Scranton on Adams Avenue for more than 20 years— called on ownership to make all…
Senator Elizabeth Warren, Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, delivered opening remarks ahead of committee votes on re-authorizing the Terrorism Risk Insurance Act Program as well as President Trump's nominations of Brian Johnson to be Director of the Consumer Financial Protection Bureau, Abby Warren to be…
The following information was released by the office of Arizona Senator Ruben Gallego:. Nearly 60 percent of American businesses that rely on terrorism risk insurance could be left without coverage if Congress fails to act. WASHINGTON Today, Senator Ruben Gallego, along with Senators Tina Smith, Dave McCormick, and Thom Tillis, celebrated the unanimous…
Political conversations often focus on labels and insults instead of solving problems. Grocery bills, housing costs, and health insurance premiums have increased faster than paychecks in rural Ohio. Fertilizer costs have doubled since 2020, and off-road diesel topped $6.00 a gallon today.
New Jersey school districts facing steep increases in employee health insurance costs are drawing down reserves, reconsidering staffing and programs, and asking taxpayers for more- pressures that local officials and state lawmakers say are exposing gaps in the state's education funding system. A national survey by the School Superintendents…
The four Embassy nursing homes are Embassy of East Mountain, Embassy of Wyoming Valley, Embassy of Scranton, and Embassy of Tunkhannock. A small group of workers gathered outside of Embassy Wyoming Valley, located at 50 N. Pennsylvania Ave., Wilkes-Barre, to vent their frustrations over the interruptions in medical coverage. Kollar is a 46- year-old worker at…
The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023, a move that could make mortgages, car loans and credit card debt more expensive for South Philadelphia residents, according to Philadelphia Patch. That combination of pressures is squeezing household budgets across the region, including in South Philadelphia…
Traders shifted capital into stablecoins ahead of the Federal Reserve interest rate decision on Wednesday, as first reported by CoinDesk. Bitcoin prices hovered between $76,000 and $80,000 in the weeks leading up to the policy update. The policy update arrived just one day after the Senate blocked the CLARITY Act.
Donalds counters on the campaign trail and in a television ad that Jolly's plan would institute a $1,000 "hurricane tax" on Florida families. The Donalds campaign cites a recently published study from Florida State University as the source of its contention that Jolly's plan would blow a hole in Florida voters' pockets if approved. But that FSU study isn't based…
President Donald Trump is giving Federal Reserve Chairman Kevin Warsh a pass after the central bank voted unanimously to raise interest rates. Trump repeatedly attacked Warsh's predecessor Jerome Powell for holding interest rates steady rather than cutting them, and has called for the Fed to lower rates for months. But now that Warsh has raised rates, the…
President Donald Trump blamed the Federal Reserve board for raising interest rates against his wishes, but the board he faulted includes three of his own appointees, all of whom voted for the increase. The federal government's interest costs have climbed as higher rates and a growing debt load raise the cost of borrowing and refinancing, with interest expense…
Oregon's Medicaid program overpaid up to $4.1 million to local healthcare organizations across the state after state officials failed to account for hundreds of duplicate identification codes for enrollees, putting federal funding for the program at risk, according to a new audit. State auditors believe that the duplicate codes cost the state anywhere…
