ltci " data-image-caption="Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. " data-large-file="https://ctmirror.org/wp-content/uploads/2024/09/2024_0103_SR_Adriana_046-771×514.jpg" /> CT Mirror was awarded by the Association of Health Care Journalists for 'Priced…
INN Insider News
By William Nibbelin, Head of Industry Data and Actuarial Research, Triple-I U.S. fire and allied lines have emerged as a standout performer within the property and casualty (P/C) industry, achieving a net combined ratio of 84.8 in 2024. This marks the lines’ best underwriting performance since 2007 and the third consecutive year they have outperformed the…
In the ongoing struggle over the independence of the Fed, Trump finally blinked first. His toady prosecutor, U.S. Attorney for the District of Columbia Jeanine Pirro, abruptly announced this morning that she was suspending her investigation of Powell.
Michigan's SB 245 aims to hold insurance companies accountable for bad-faith practices, giving policyholders a fighting chance.
If the United States gets into the business of providing dollar liquidity to the United Arab Emirates and other Persian Gulf states battered by the Strait of Hormuz’s closure, it will amount to a novel use of an old power. The big picture: The Federal Reserve used swap lines with foreign central banks as a key tool to calm global financial disruptions in periods of stress, starting…
The message from top Republicans on Tuesday morning was that things were on track for an orderly transition atop the Federal Reserve when chair Jerome Powell’s term ends next month. Events over the next 24 hours made those prospects messier. The big picture: As much as Senate Republicans seek an off-ramp that would smooth the path for Kevin Warsh’s confirmation as Fed chair, the…
The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation’s top central banker. Why it matters: It opens the path for President Trump’s pick to lead the Fed to be confirmed to the post after a standoff with Sen. Thom Tillis (R-N.C.), who blocked confirmation until…
BlueCross BlueShield of Tennessee is using AI to help employees work faster and improve customer service for members.
A handful of states are considering legislation this session related to menopause and perimenopause, including proposals to mandate coverage and others to include work protections for people experiencing symptoms related to the conditions. Others have already said no to similar bills.
Thousands of New Jerseyans who lost federal subsidies that helped them buy health insurance have dropped their coverage, a new state report said.
Trump, who nominated Warsh for the top Fed job, has repeatedly expressed his confidence that his pick will deliver lower rates if confirmed.
Donald Trump's historic battles with the current head of the central bank has his critics worried that the next chief will do Trump's bidding.
If confirmed, Kevin Warsh will inherit a Federal Reserve and an economy that are very different from past chairs' terms. Here's what to know.
Federal Reserve chair nominee Kevin Warsh said while the Fed's independence is critical, it "has to be earned."
Chart: Zachery Eanes/Axios; Source: Wake County Wake County’s biggest payers of property tax include drug makers, real estate developers, tech companies and a bank — but none of their land holdings come close to the value of Duke Energy’s. Why it matters: North Carolina lawmakers concerned about housing affordability are considering capping annual property tax increases, though…
A leading Democratic think tank has started putting meat on the bones of a midterm health care affordability agenda, calling for policy shifts that its authors say would immediately lower costs. Why it matters: There’s a change in how Democrats are talking about health care, and it could spell big trouble for industry profits should they regain power any time soon. Driving the…
Pennsylvania’s Affordable Care Act marketplace has seen health insurance cancellations skyrocket so far this year. The big picture: Spiking insurance premiums, driven in part by recently expired federal subsidies, are pushing enrollment down, as higher costs for energy, gas and food strain household budgets. State of play: Roughly 45,000 Pennsylvanians have dropped coverage through…
To understand what the global economy will do this year, you have to understand what happens next in the Iran war. The outlook for the war and its aftermath, and what that means for the free passage of energy through the Strait of Hormuz, is the global economic outlook. That’s the uncomfortable reality hanging over the International Monetary Fund and World Bank Group spring…
Roughly 130,000 Pennsylvanians have dropped coverage through Pennie, the state’s Affordable Care Act marketplace, in the past five months. Why it matters: About 1 in 10 Americans enrolled in an ACA plan last year now lack health coverage, per surveys by research nonprofit KFF. The big picture: Soaring insurance premiums, driven in part by recently expired federal subsidies, are…
