Andy Beshear says the state budget sent to him by the GOP- controlled legislature underfunds Medicaid and fails to meet the needs of Kentuckians and state government in other ways. "The numbers don't add up, the math don't math, and sadly what we're going to see is an even bigger loss of health care services and jobs across Kentucky," Beshear said.
Newswires
Advantage Capital Holdings, LLC an insurance and financial services holding company with over $15 billion in assets, today announced the appointment of Kirk Cullimore as President of Sentinel Security Life Insurance Company, effective immediately. Based in Salt Lake City, Cullimore will reinforce Sentinel’ s position as a leading Utah- based life insurance…
Our news journalists obtained a quote from the research from National Research and Innovation Agency,“ This study analyses the 2022 National Socio-economic Survey to examine the social determinants of health insurance ownership among children younger than five, focusing on household head employment, child health, and family well-being.
2026 APR 02– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Health and Medicine. According to news reporting originating from Providence, Rhode Island, by NewsRx correspondents, research stated,“ Medicaid-enrolled children are entitled to Early and Periodic Screening, Diagnostic, and Treatment benefits,…
2026 APR 02– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting originating in St. Louis, Missouri, by NewsRx journalists, research stated,“ The Medicare Secondary Payer Act modestly reduced federal dialysis spending when accounting for the effect on forgone tax revenue.
LONGMEADOW— The U.S. Securities and Exchange Commission filed a complaint against the estate of a late Longmeadow man who allegedly siphoned $1.8 million from clients of his wealth management firm. The claim filed by the finance watchdog on April 2 accuses John Brodacki III of fleecing clients of Castle Hill Financial Services for their investments to…
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of A and the Long-Term ICR of“ a+” of The Dentists Insurance Company. The outlook of the FSR is stable. Additionally, TDIC’ s results in recent years have been impacted by unfavorable loss cost trends on its property line of…
Lincoln Financial announced today that it will report its results for the first quarter ended March 31, 2026, at 6:00 a.m. Eastern Time on Thursday, May 7, 2026. As of December 31, 2025, the company had $349 billion in end-of-period account balances, net of reinsurance. Headquartered in Radnor, PA., Lincoln Financial is the marketing name for Lincoln National…
The following information was released by Massachusetts Senator Elizabeth Warren:. U.S. Senator Elizabeth Warren led seven other senators in urging Dr. Mehmet Oz, the Administrator of the Centers for Medicare and Medicaid Services, to hold health insurers accountable for persistent abuses in the Medicare Advantage program that raise costs and lower…
The Insurance Information Institute, in partnership with Fenix24, today published Cybersecurity for Insurers: Squaring Safety with Service, a report examining how insurance companies are managing their own cybersecurity risks and where critical vulnerabilities remain. “Insurers occupy a paradoxical position in the cybersecurity landscape,” said Sean…
The following information was released by the America's Health Insurance Plans:. A new investigative report by NBC News underscores how hospital systems' anticompetitive consolidation, ever-higher prices and opaque billing practices are raising health care costs and driving the ongoing affordability crisis. Over the past two decades, those costs have…
The following information was released by the Federal Reserve Bank of Dallas:. Dallas Fed President Lorie Logan delivered these remarks at the Eleventh District Banking Conference. Thank you for the kind introduction, Emily, and thanks to all of you for joining us today for our third annual Eleventh District Banking Conference.
The following information was released by the Federal Reserve Bank of Dallas:. Lorie Logan and Sam Schulhofer-Wohl. Observers periodically debate whether the Federal Reserve's $6.7 trillion balance sheet is too large.
The average long-term U.S. mortgage rate climbed for the fifth straight week, reaching its highest level in nearly seven months, another setback for home shoppers in the midst of the spring homebuying season. The last time the average rate was higher was Sept. 4, when it was at 6.5%. Only five weeks ago, the average rate had dropped to just under 6% for the first time…
M&T Bank contacted Fallon's family on Jan. 21 because bank representatives recognized fraudulent activity in Fallon's account. According to information acquired from M&T Bank, two suspicious checks in the amounts of $1,500 and $115 were written to Cassel. The bank also flagged a $517.50 payment to Dirt Cheap Cars, two purchases from Temu totalling $56.89, two…
OPINION: Patients are often left ‘out of network’ as hospitals, insurers clash over cost
An overused but accurate phrase applies: healthcare providers are facing a perfect storm of pressures, particularly in California, and especially systems that serve large shares of Medi-Cal and Medicare patients. Among our nation's 6,000 hospitals, our flagship hospital, Community Regional Medical Center in Fresno, serves the fourth highest percentage of…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company and United World Life Insurance Company. The group is domiciled in Omaha, NE, unless otherwise specified.
A longtime pal of ex-Mayor Eric Adams who ran one of the nightlife mayor's favorite haunts was indicted Wednesday in an alleged scheme to submit tens of millions of dollars of bogus no-fault car insurance claims. Zhan "Johnny" Petrosyants, 44, was taken into custody late Tuesday and was set to be presented in court Wednesday. Manhattan U.S. Attorney Jay Clayton…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of CMB Wing Lung Insurance Company Limited. The outlook of these Credit Ratings is stable. The ratings reflect CMBWLI’ s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and…
