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PCMA CHALLENGES ILLINOIS LAW AS UNLAWFUL INTRUSION ON EMPLOYER HEALTH PLANS

June 18, 2026

The following information was released by the Pharmaceutical Care Management Association:. The Pharmaceutical Care Management Association filed a complaint for declaratory and injunctive relief in the U.S. District Court for the Central District of Illinois to stop the so-called "Prescription Drug Affordability Act" from limiting the use of…

REP. LIGHTNER, HOUSE VOTE TO STRENGTHEN PROTECTIONS FOR FAMILIES WHO UTILIZE CREDIT UNIONS

June 18, 2026

The following information was released by the Michigan House of Representatives, the Republicans:. Sarah Lightner today joined the Michigan House in approving bipartisan legislation to give credit unions greater flexibility to protect their members' savings by allowing the use of private insurance options. Current state law requires credit unions to…

CORTEZ MASTO, MORENO INTRODUCE BIPARTISAN LEGISLATION TO SUPPORT AMERICA'S CREDIT UNIONS

June 18, 2026

The following information was released by Nevada Senator Catherine Cortez Masto:. Senators Catherine Cortez Masto and Bernie Moreno introduced bipartisan legislation to make it easier for credit unions to choose private insurance over federal insurance. "Credit unions help hundreds of thousands of Nevadans grow their savings, buy their homes, and build…

U.S. REPS. CASTOR AND SUOZZI INTRODUCE RESOLUTION TO LOWER COSTS FOR FAMILIES BY REPEALING RULE THAT INCREASES PREMIUMS FOR HEALTH CARE COVERAGE

June 18, 2026

Kathy Castor and Tom Suozzi introduced a bicameral resolution to repeal the Trump Administration's rule that will increase the cost of health care for hardworking Americans, sabotage the Affordable Care Act coverage, kick up to two million Americans off their health coverage, and make it easier for insurance companies to cover fewer services.

AM Best to Speak and Sponsor at 2026 International Takaful Summit

June 18, 2026

AM Best will speak at the 14 th annual International Takaful Summit, which will take place from 30 June 2026 to 2 July 2026 in London. In his role at AM Best, Mistry is responsible for managing a team of analysts that cover insurers and reinsurers operating worldwide, with a particular focus on the United Kingdom and London market, Africa, Middle East, Eastern Europe…

Warsh kicks off Fed chief tenure with sweeping review as rates remain unchanged

June 18, 2026

Federal Reserve Chairman Kevin Warsh opened a new era on Wednesday, with officials agreeing to leave interest rates unchanged despite inflation stuck well above their target but also launching an ambitious reform agenda to reshape how the U.S. central bank conducts and communicates monetary policy. Warsh, who took over as Fed chief last month, made an…

OC supervisors would be removed from CalOptima board under California bill

June 17, 2026

State Assemblymember Avelino Valencia is pushing a last-minute bill to boot Orange County supervisors off the board of CalOptima Health, the county "s $4.7 billion health insurer for the poor. Valencia, D- Anaheim, said in a statement late Wednesday, June 17, that he is trying to depoliticize the CalOptima board. Supervisors Janet Nguyen and Vicente Sarmiento, who…

FACT FOCUS: Trump says illegal immigration increased car insurance premiums. Experts say otherwise

June 17, 2026

President Donald Trump this week credited his tough immigration policies for a drop in car insurance premiums, falsely blaming illegal immigration during his predecessor's time in the White House for a prior increase. In a Monday post on Truth Social, Trump shared a graphic showing the year-over-year change in premiums from 2021 to 2026.

Centene offers employee buyouts as insurance rolls shrink

June 17, 2026

Clayton-based health insurance giant Centene is offering voluntary buyouts following a dip in health insurance members and billions of dollars in losses last year. A spokesperson for Centene declined to say how many buyouts the company was targeting, nor if they were part of a broader workforce-reduction effort. "Centene is positioning the company to lead…

Deltonan not giving up on her crusade for the elderly

June 17, 2026

The daughter of a Deltona woman who says her mother lost her Medicare insurance because of alleged consent to a clever and fast sales pitch is still seeking help and reform for the graying generations. You may recall Carol Hickerson's story that was published previously in The Beacon. Hickerson is trying to coax state and federal lawmakers to crack down on…

CalPERS prepares to drop United Healthcare over high premiums, opts for Sutter Health

June 17, 2026

California state workers are likely to lose access to United Healthcare plans next year as CalPERS prepares to switch to Sutter Health Plan after the insurance behemoth tried to substantially increase 2027 premiums for public employees. Staff at the California Public Employees’ Retirement System recommended Tuesday that the board drop United…

Federal Reserve holds rates steady at Warsh's first meeting

June 17, 2026

The Federal Reserve held interest rates steady Wednesday at Chair Kevin Warsh's first rate-setting meeting since taking the reins of the central bank. Warsh, whom the Senate confirmed last month, faces a complicated endeavor as he seeks to balance President Trump's push for rate cuts with rising inflation. While the U.S. and Iran are expected to formally sign a…

An Application for the Trademark “LIFE INSURANCE THAT ENHANCES LIFE” Has Been Filed by Pacific Life Insurance Company: Pacific Life Insurance Company

June 17, 2026

2026 JUN 17– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ LIFE INSURANCE THAT ENHANCES LIFE” by Heather J. Kliebenstein Merchant& Gould P.C., representing Pacific Life Insurance Company. The registrar information for…

Studies from University of Illinois Chicago in the Area of Chronic Kidney Disease Described (Hyperkalemia and its treatment: real-world evidence and managed care considerations supporting use of potassium binders): Kidney Diseases and Conditions – Chronic Kidney Disease

June 17, 2026

2026 JUN 17– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Kidney Diseases and Conditions- Chronic Kidney Disease are presented in a new report. According to news originating from Riverside, Illinois, by NewsRx correspondents, research stated,“ An estimated 3.7 million adults in the United States have hyperkalemia.

New Findings Reported from American Dental Association Describe Advances in Managed Care (Medicare Advantage Dental Benefits: Comprehensive Coverage Available In Fewer Than Half Of US Counties): Managed Care

June 17, 2026

2026 JUN 17– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Managed Care is the subject of a report. The news correspondents obtained a quote from the research from American Dental Association,“ Using public data collected by the Centers for Medicare and Medicaid Services describing MA supplemental benefits, we found that…

Federal Reserve holds interest rates steady and hints at rate hike later this year

June 17, 2026

Updated June 17, 2026 at 1:34 PM CDT. With inflation at its highest level in more than three years, the Federal Reserve held its benchmark interest rate steady Wednesday, and signaled its next move could be a rate increase. It was the first rate decision under the leadership of the new Fed chairman, Kevin Warsh.

$10.5 Million Settlement Reached In Fatal Shooting Of Elk Grove Man In 2023

June 17, 2026

Elk Grove Village's insurers have reached a $10.5 million settlement with the mother of a 24- year-old man who was fatally shot by village police officers in 2023, Mayor Craig Johnson announced Tuesday. Johnson read a prepared statement at a village board meeting, stating that the settlement with Donna Murray for the death of her son, Jack Murray, will be paid…

REPORT: 2M Illinoisans face $500 cut as Social Security faces cliff

June 17, 2026

–New data and reports from the Committee for a Responsible Federal Budget have shown that if no legislative action is taken soon, Social Security could run out of money as soon as 2032.. Other recently released data from within the federal government reflected the projection agreed the Old-Age and Survivors Insurance and Disability Insurance funds are now…

REPORT: 2M Illinoisans face $500 cut as Social Security faces cliff

June 17, 2026

New data and reports from the Committee for a Responsible Federal Budget have shown that if no legislative action is taken soon, Social Security could run out of money as soon as 2032.. Other recently released data from within the federal government reflected the projection agreed the Old-Age and Survivors Insurance and Disability Insurance funds are now…

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