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Massachusetts sues UnitedHealthcare for alleged Medicaid fraud

1 hour ago INN Insider News No comments.

–Massachusetts is suing UnitedHealthcare for allegedly defrauding the state’ s Medicaid program out of at least $100 million, amid rising concerns that the UnitedHealth- owned insurer may be profiteering in government health programs.– In a lawsuit filed Friday, Massachusetts Attorney General Andrea Joy Campbell argued the insurer exaggerated the…

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After Iowa Medicaid goes private, abuse rises, wait for services soars

2 hours ago

Even before unprecedented Medicaid cuts in 'One Big Beautiful Bill' take effect, dependent adult abuse rises and wait for services climbs 334%

Why 1 Little-Known ETF Is Riding the AI Chip Shortage

3 hours ago

Though much of investor interest in AI remains centered in major chatbot providers like Anthropic and OpenAI—or in data centers, which continue to proliferate at a rapid pace—an underlying technology vital to the industry could help to drive some of the biggest returns. AI-driven demand for memory chips continues to bloom, even as the global…

New Yorkers losing Essential Plan health coverage turn to market after budget fail

3 hours ago

Lauren Lavitt, who loses her premium-free public health insurance through New York’s Essential plan next month, is shopping in earnest for an alternative for her and her two children on the state’s Affordable Care Act marketplace.

CareSource cuts could disrupt therapy for Georgia's children

4 hours ago

CareSource's planned 20% reimbursement cut has local therapy providers warning of clinic closures, disrupted care and fewer options for children.

State bucks national trend in signups for ACA aid

5 hours ago

Cuts to federal subsidies for health insurance are driving people across the country to drop plans they bought through the Affordable Care Act marketplace– but not in Texas. The difference in Texas seems to be a bipartisan law passed in 2021 that gives the state's Department of Insurance the power to limit how much insurance companies raise rates on certain…

BW Gestao de Investimentos Ltda. Invests $15.96 Million in Evergy Inc. $EVRG

6 hours ago

BW Gestao de Investimentos Ltda. purchased a new position in Evergy Inc. (NASDAQ:EVRG – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 220,173 shares of the company’s stock, valued at approximately $15,960,000. BW Gestao de Investimentos Ltda.…

107,606 Shares in Capital One Financial Corporation $COF Purchased by BW Gestao de Investimentos Ltda.

6 hours ago

BW Gestao de Investimentos Ltda. purchased a new position in shares of Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 107,606 shares of the financial services provider’s stock, valued at approximately $26,079,000. Capital One Financial accounts for…

BW Gestao de Investimentos Ltda. Takes $7.80 Million Position in BankUnited, Inc. $BKU

6 hours ago

BW Gestao de Investimentos Ltda. acquired a new stake in shares of BankUnited, Inc. (NYSE:BKU – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 175,000 shares of the financial services provider’s stock, valued at approximately $7,800,000. BW Gestao…

BW Gestao de Investimentos Ltda. Invests $9.14 Million in Citigroup Inc. $C

6 hours ago

BW Gestao de Investimentos Ltda. bought a new position in shares of Citigroup Inc. (NYSE:C – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 78,337 shares of the company’s stock, valued at approximately $9,141,000.

AXQ Capital LP Takes $1.27 Million Position in Kimberly-Clark Corporation $KMB

6 hours ago

AXQ Capital LP acquired a new stake in Kimberly-Clark Corporation (NASDAQ:KMB – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,614 shares of the company’s stock, valued at approximately $1,273,000.

BW Gestao de Investimentos Ltda. Invests $11.87 Million in PennyMac Financial Services, Inc. $PFSI

6 hours ago

BW Gestao de Investimentos Ltda. purchased a new position in shares of PennyMac Financial Services, Inc. (NYSE:PFSI – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 90,000 shares of the real estate investment trust’s stock, valued at approximately…

BW Gestao de Investimentos Ltda. Acquires Shares of 324,823 Bank of America Corporation $BAC

6 hours ago

BW Gestao de Investimentos Ltda. acquired a new stake in Bank of America Corporation (NYSE:BAC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 324,823 shares of the financial services provider’s stock, valued at approximately $17,865,000.

Shift4 Payments, Inc. $FOUR is BW Gestao de Investimentos Ltda.’s 9th Largest Position

6 hours ago

BW Gestao de Investimentos Ltda. grew its stake in Shift4 Payments, Inc. (NYSE:FOUR – Free Report) by 9.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 689,788 shares of the company’s stock after purchasing an additional 56,950 shares during the period. Shift4…

Wealthy donors sway S.F. politics

6 hours ago

Wealthy donors have poured tens of millions of dollars into San Francisco politics over the last six years, and they've continued to spend big on the upcoming June election. Still, the huge amounts of money that continues to flow into San Francisco races and measures is striking. These findings come from political donation data published by the San Francisco…

Price index: April inflation near 3-year high

9 hours ago

The first inflation report released since Kevin Warsh was sworn in as chair of the Federal Reserve confirmed what most Americans already know: Costs are still going up, and the central bank's largest challenge may be those rising prices. The Fed's favored inflation indicator, the personal consumption expenditures price index, rose 3.8% year-over-year in…

Arizona alleges insurers and tech provider fixed prices on claims

9 hours ago

The lawsuit filed by Arizona Attorney General Kris Mayes alleges the use of technology removed competition among health care insurers.

5 Everyday Expenses Americans Say Feel Noticeably Higher Than They Did a Year Ago

15 hours ago

A trip to the grocery store, a glance at an insurance bill, or a quick stop at a gas station can spark the same reaction these days: “Didn’t this cost less last year?” While inflation has cooled from its peak, many Americans still feel pressure every time they spend money on everyday necessities. In many…

Rhode Island has a primary care problem. Health Insurance Commissioner Cory King has a plan.

15 hours ago

An initial wellness exam for the state’s primary care landscape published by the Office of the Health Insurance Commissioner on Monday found fewer Rhode Islanders have a personal doctor they can turn to for non-urgent health concerns compared with a decade earlier.

Insurance group supports New York changes to legal system

15 hours ago

The American Property Casualty Insurance Association (APCIA) said it supports reforms to thwart legal system abuse in New York state’s 2027 budget. © Shutterstock APCIA praised New York Gov. Cathy Hochul for enacting the reforms, saying the changes will restore fairness, reduce costs and improve insurance affordability. The budget legislation includes key provisions to tighten…

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