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Charles Sauer: Medicare’s bad incentives are costing taxpayers billions

October 21, 2026

Costco, the multi-billion-dollar retailer, just partnered with health insurer SCAN Group to offer Medicare Advantage plans in select states. This new offering of the popular alternative to Medicare, which lets beneficiaries choose among competing private plans, shows how mainstream these plans have become. Last year, the Centers for Medicare& Medicaid…

Florida homes face growing flood risk. Why are some protections off-limits?

October 21, 2026

In fact, federal regulations and the Florida Building Code bar single family homeowners in flood zones from installing permanent flood barriers on their properties at all. In Florida, where homeowners are increasingly finding floodwaters at their door, the market for these kinds of products— both off the shelf at a home improvement store and custom-built— has…

87,000 Iowans face Medicare Advantage plan cancellations. Here's what to know

October 21, 2026

In the lead-up to the Oct. 15 open enrollment start date, Iowa's Senior Health Insurance Information Program and Senior Medicare Patrol notified Iowa Medicare beneficiaries of the plan cancellations and changes. The state insurance division programs, which provide information about Medicare and protection against fraud and abuse, are advising affected…

Legacy Marketing, Malibu Life launch two fixed indexed annuities

October 21, 2026

Legacy today announced the release of two new fixed indexed annuities with carrier partner Malibu Life. Issued by Malibu Life’ s Texas- domiciled insurance company TruSpire Retirement Insurance Company, PillarMark SM with MultiRider SM offers competitive lifetime income with a 10- year wait, while SpireMark SM with MultiRider Max SM provides greater…

UK inflation rises to highest in almost a year as Iran war drives fuel prices higher

October 21, 2026

—Inflation in the U.K. rose to its highest rate in almost a year as the Iran war continues to ratchet up fuel prices, official figures showed Wednesday, cementing market expectations that the Bank of England will raise interest rates next month. The increase takes inflation further above the Bank of England's target rate of 2%. Whatever measures he comes up with to…

Rising Health Insurance Costs Put More Pressure On Sussex County Budget

October 21, 2026

SUSSEX COUNTY, NJ— Sussex County officials are looking for ways to control rising employee health insurance costs as a projected double-digit increase adds more pressure to next year's county budget. County Administrator Christina Marks discussed the issue during the Board of County Commissioners' Wednesday, Oct. 14 meeting, reporting that the county's…

The states facing the biggest Medicare shake-up this enrollment season

October 21, 2026

Every October, Medicare's Annual Enrollment Period gives beneficiaries a six-week window between Oct. 15 through Dec. 7 to reconsider their coverage. Their current plan may simply no longer exist, insurance marketplace MediaAlpha reports. Research from Johns Hopkins Bloomberg School of Public Health found that forced disenrollment, which means…

Forex Today: UK Inflation Exceeds Forecasts as Markets Expect BoE Hike

October 21, 2026

1. UK inflation has exceeded expectations, increasing pressure on the Bank of England ahead of its 5 November policy meeting. For a sustained bullish response, traders would probably need to price a higher eventual Bank Rate. GBP/USD was trading near 1.3374 before the release, benefiting from the broader retreat in the US Dollar. In the Forex market, the US Dollar…

How to steal a billion dollars from Uncle Sam

October 21, 2026

Brett Blackman sits behind bars in the federal prison in Miami after receiving a 19- year prison sentence from U.S. He aimed to steal $1 billion from the government and succeeded in getting Medicare and other insurers to pony up more than $450 million globally. Of the $452 million paid out, more than $52 million in fraud losses was tied directly to Blackman's…

In struggling LA, Mayor Karen Bass fights for 2nd term against democratic socialist-backed Raman

October 21, 2026

—To voter Roy Lyons, Los Angeles has been losing luster for years. As the retired insurance broker from the Sherman Oaks neighborhood ponders his pick in the upcoming mayoral election, he’ s leaning toward the unpopular incumbent, Mayor Karen Bass, over her fellow progressive Democrat Nithya Raman, a little-known city council member who is backed by the…

Does Homeowners Insurance Actually Cover Wildfire Damage? What Most Policyholders Don't Know

October 20, 2026

CHESTNUT HILL, MA/ ACCESS Newswire/ October 20, 2026/ As thousands of Americans begin filing insurance claims following the 2026 wildfire season, the most destructive in at least a decade, Fire Help Center is warning homeowners about a little-known financial trap that affects the majority of policyholders: chronic underinsurance. According to the Insurance…

Health plans task force fight Medicaid fraud

October 20, 2026

The North Carolina Association of Health Plans launched the task force in August to bring together the special investigative units and government relations staff from each of the state’ s four Medicaid managed care organizations, or MCOs. The task force was formed amid heightened federal and state scrutiny of Medicaid spending in North Carolina. State…

Recent Findings from Brown University Provides New Insights into Managed Care (Use of Brokers In Medicare Advantage and Standalone Part D Plans): Managed Care

October 20, 2026

2026 OCT 20– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Research findings on Managed Care are discussed in a new report. For more information on this research see: Use of Brokers In Medicare Advantage and Standalone Part D Plans. Health Services Research, 2026; 61. Health Services Research can be contacted at: Wiley, 111 River St, Hoboken…

Gov. Hochul announces statewide crackdown on staged crashes to curb auto insurance fraud

October 20, 2026

New York State Police and the state Department of Financial Services uncovered more than a dozen cases of alleged staged car crashes and fraudulent insurance claims spanning New York City and Suffolk, Onondaga, Monroe and Erie counties, with seven of the arrests occurring in the Bronx. "We're cracking down on fraudsters and making it clear that New York will not…

FEMA launches new online tool to buy flood insurance

October 20, 2026

ATLANTA, G.A.— FEMA has launched a new digital self-service tool that's making it easier for North Carolinians to financially prepare for floods. "I've seen firsthand how floodwaters devastate American communities," said FEMA Administrator Cameron Hamilton. Floods are the most common and expensive natural disaster in the United States.

Neptune Insurance Holdings Inc. Reports Third Quarter 2026 Results

October 20, 2026

Neptune Insurance Holdings Inc., the parent company of Neptune Flood Incorporated, has released its financial results for the third quarter of 2026 by posting an update on its Investor Relations website. Revenue growth of 34% to a record $59.6 million Net income increase of 50% to a record $17.3 million Net income margin of 29% Adjusted net income* growth of 52%…

More than 1,700 Pottawattamie County residents face Medicare plan cancellations

October 20, 2026

More than 1,700 Pottawattamie County residents will need to find new Medicare coverage for 2027 after their current plans were discontinued, raising the stakes for this year's Medicare open enrollment period. The affected beneficiaries include 1,018 people losing standalone prescription drug coverage and 694 losing Medicare Advantage plans,…

KENTUCKY CAN CUT HEALTH PREMIUMS WITHOUT SPENDING A DIME

October 20, 2026

Today's health insurance affordability crisis is a rerun of the one Kentucky faced in the 1990 s. And once again, Frankfort can deliver it. In 1994, Frankfort enacted new controls that supporters promised would make health insurance more affordable and accessible.

Americans Draw the Human Line on AI in Insurance: Fast on Yes, Human on No

October 20, 2026

Nearly half of policyholders would take a 60- second AI claim payout over waiting on a person, but 61% want a human to review every denial, according to a new survey of 1,001 Americans with recent property or auto claim experience released today by Liberate, a provider of insurance-native AI agents for property and casualty insurers. Policyholders drew a clear…

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