Fed Chair Kevin Warsh and the other 11 members of the central bank's Federal Open Market Committee last week carried out their mission to control inflation by managing monetary policy and raised the key interest rate to 4%, even though President Donald Trump has been demanding that borrowing costs be cut. Actually, more than demanding, as Trump has been…
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Editor's note: The following is a press release from Mutual of Enumclaw.. Mutual of Enumclaw, a regional mutual insurance company serving the Pacific Northwest, today announced the launch of a bold new brand designed to strengthen the company's market position and support its long-term growth strategy. "For 128 years, Mutual of Enumclaw has succeeded by staying…
The Federal Reserve announced a 0.25% interest rate hike on Sept. 16, raising its benchmark interest rate into the 3.75% to 4% range. "The plain fact is that inflation is too high, and has been for too long," new Fed Chairman Kevin Warsh said after the announcement. Inflation has remained above the Fed' s 2% target for more than five years, worsening since the start of the…
KKR, a leading global investment firm, today announced the launch of Akrapoint Commercial Capital, a mid-ticket equipment finance company established by a team of experienced industry professionals and KKR. Akrapoint is led by Chief Executive Officer Nate Smith, an experienced and entrepreneurial executive who most recently spent nearly a decade at Trans…
Blue Cross and Blue Shield of North Carolina is suing a Charlotte pediatric therapy practice over allegations of improper and fraudulent billing involving the submission of $1.1 million in unearned claims, according to state court records. The health insurance giant filed the lawsuit against Child and Family Development, Inc. in early September in the…
Amid this uncertainty, executives from Elevance Health said during a July earnings call that they were exiting DC's Medicaid market and expect to exit additional markets. Since then, Louisiana announced an Elevance Health plan will exit at the end of 2026. While MCO entries and exits in specific states or markets are not uncommon, decisions by Elevance Health…
South Philadelphia residents who buy their own health coverage through Pennie, Pennsylvania's Affordable Care Act marketplace, will pay noticeably more starting next year. The Pennsylvania Insurance Department finalized the new rates on Sept. 18, northeasttimes.com reported, setting the individual-market average at 15.97% and the small-group average…
The following information was released by The Bank of Canada:. Governor Tiff Macklem discusses how businesses and households are adapting to the long-term forces reshaping the Canadian economy. Businesses are adjusting their supply chains to reduce their exposure to tariffs, and many are looking beyond the United States for growth.
The following information was released by the office of the Governor of Michigan:. That's why I'm proud to sign these bipartisan bills that stop insurance companies from using unfair pricing models, protect medical benefits, and keep Michigan renters from having to pay unnecessary fees on their monthly bills. "As affordable housing becomes increasingly out…
Attorney General Jay Jones today joined a coalition of 24 attorneys general in filing a comment letter opposing a proposed federal rule that the coalition says goes further than federal law allows, could put federal funding for Medicaid at risk, and also could interfere with state oversight of insurance, and operation of state health insurance exchanges.
Attorney General Anthony G. Brown today announced he is co-leading a coalition of 24 attorneys general in filing a comment letter opposing a proposed federal rule that the coalition says goes further than federal law allows and could put federal funding for Medicaid at risk and also interfere with state oversight of insurance oversight and operation of…
Pennsylvania residents who buy their own health coverage will see premiums climb by an average of 15.97% in 2027, according to the Pennsylvania Insurance Department. Insurance Commissioner Michael Humphreys said in the release that federal health care cuts continue to drive up costs for Pennsylvania families, and that regulators fought insurers for…
Insurance companies deny claims all day long. They'll deny doctor-ordered surgeries, medical stays, scans, and weeks of rehab patients need to walk again. On Sept. 1, the layoffs went into effect.
From Philly and the Pa. suburbs to South Jersey and Delaware, what would you like WHYY News to cover? The state Insurance Department finalized the insurance rate hikes on Friday. "We understand that these rate increases are rough on Pennsylvania families and businesses, and we fought insurers for every savings we could reasonably assert," Pennsylvania Insurance…
2026 SEP 21– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Medicaid has a reputation for paying doctors less than other health insurers. A new Virginia study led by George Mason University professor Alison Cuellar now offers a clearer comparison. To paint a more complete picture this study used novel Transparency in Coverage and Virginia…
2026 SEP 21– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Artificial Intelligence. Funders for this research include Agency for Healthcare Research& Quality, National Institutes of Health/National Heart, Lung, and Blood Institute Loan Repayment Program, National Center for Advancing Translational…
2026 SEP 21– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Artificial Intelligence. The news reporters obtained a quote from the research from the University of Rhode Island,“ As AI tools become part of routine managed care, responsibility for final decisions may become unclear, creating an accountability…
2026 SEP 21– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Managed Care have been presented. According to news reporting originating from New Haven, Connecticut, by NewsRx correspondents, research stated,“ CT angiography of the head and neck has experienced rapid utilization growth, yet the distribution of interpretation…
2026 SEP 21– By a News Reporter-Staff News Editor at Health& Medicine Business Daily– Current study results on Surgery- Osteotomy have been published. Our news journalists obtained a quote from the research from Asan Medical Center,“ This study aimed to analyze the ten year trends in hip dysplasia diagnosis and PAO utilization in South Korea using national…
