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An Application for the Trademark “BLUE SHIELD GLOBAL” Has Been Filed by Blue Cross and Blue Shield Association

April 28, 2016

By a News Reporter-Staff News Editor at Insurance Weekly News– According to news reporting originating from Washington, D.C., by VerticalNews journalists, a trademark application has been made for “BLUE SHIELD GLOBAL” by Debra Y. Hughes, representing Blue Cross and Blue Shield Association. The owner/registrar information for this application is: Debra Y. Hughes,…

Retiree health care hike OK’d

April 28, 2016

Supporters said increases were needed to tame the town’s $188 million Other Post Employment Benefits liability, projected to grow to $650 million over 30 years, which would take away funding from police, fire, public works and school services. Selectmen’s Chairman Mary O’Donoghue gaveled down the crowd after several spontaneous outbursts.

Unum Group Files SEC Form DEF 14A, Other Definitive Proxy Statements (Apr. 14, 2016)

April 28, 2016

By a News Reporter-Staff News Editor at Managed Care Weekly Digest– According to news reporting originating from Washington, D.C., by NewsRx journalists, a U.S. Securities and Exchange Commission filing by Unum Group was posted on April 14, 2016. A U.S. Securities and Exchange Commission filing is a formal document or financial statement submitted to the SEC by…

Study Results from University of Memphis Update Understanding of Health Economics (Determinants of US Prescription Drug Utilization using County…

April 28, 2016

Study Results from University of Memphis Update Understanding of Health Economics. According to news reporting originating from Memphis, Tennessee, by NewsRx correspondents, research stated, “Prescription drugs are the third largest component of US healthcare expenditures. Our news editors obtained a quote from the research from the University of…

Genworth Making Progress On Life Insurance Restructuring Plan

April 28, 2016

Solid Loss Ratio Performance And Maintained Strong Capital Positions In U.S., Canada& Australia Mortgage Insurance Businesses Progress Made On U.S. Life Insurance Restructuring Plan: Sales Suspended For Traditional Life Insurance And Fixed Annuity Products Cash Expenses Reduced By Approximately $135 Million Pre-Tax On An Annualized Basis Additional…

3M Unveils Intelligent Inhaler Designed to Help Control Spiraling Costs of Respiratory Disease

April 28, 2016

By a News Reporter-Staff News Editor at Biotech Week– Research shows that an estimated 334 million people have asthma worldwide, and 65 million people have moderate to severe COPD- a number that is expected to rise 24 percent by the year 2034 to make COPD the world’s third leading cause of death. As cases increase, driven by the aging population, hospitals and care…

Molina Healthcare Reports First Quarter 2016 Results

April 28, 2016

Net income per diluted share of $0.43. Adjusted net income per diluted share of $0.51. Total revenue of $4.3 billion, up 37% over first quarter 2015. Aggregate membership up 42% over first quarter 2015. 2016 outlook for adjusted net income per diluted share revised to range of $2.50– $2.95 2016 outlook for net income per diluted share revised to range of $2.15–…

David C. Femminineo, Personal Injury Attorney, Discusses 6 Ways the Insurance Company Is Cheating You

April 28, 2016

Mount Clemens, MI—- 04/28/2016– David C. Femminineo, Michigan personal injury attorney, shares six ways insurance companies will try to avoid paying insurance claims to someone who has been severally hurt or injured in an auto accident. You get into an auto accident. “It could be worse,” you think.

Anthem’s Enhanced Personal Health Care Leads to Fewer Hospitalizations, Shorter Stays

April 28, 2016

When Ana Mancia, a UCLA Health Comprehensive Care Coordinator, called one of her cancer patients for a follow-up, the conversation revealed a new issue that needed immediate medical attention. “Members expect their health plan and providers to use advanced analytics and better communication to provide quality care at an affordable price,” said Brian Ternan,…

Watertown Business Owner Pleads Guilty to Tax Evasion and Mail Fraud

April 28, 2016

BOSTON– A Watertown business owner pleaded guilty yesterday in U.S. District Court in Boston in connection with a scheme to evade taxes and workers’ compensation insurance premiums by paying employees under-the-table for their work. U.S. District Court Senior Judge Mark L. Wolf scheduled sentencing for August 17, 2016. From 2008 to 2012, Moxley devised and…

City, county negotiate fire escrow cash

April 28, 2016

April 28– SUNBURY– City Council members have not solved why 20 percent of the insurance money from the Northumberland County Prison fire was never placed in an escrow account created by city officials more than a decade ago to keep a portion of insurance money in city hands until owners repair or raze damaged property. On Monday, Mayor David Persing said city…

Colonial Life Offers New Protection For Out-Of-Pocket Costs

April 28, 2016

Consumers looking for stronger protection against out-of-pocket medical and nonmedical costs can now take advantage of a new hospital confinement indemnity plan from Colonial Life& Accident Insurance Company. Individual Medical Bridge SM is a hospital confinement indemnity insurance plan that helps America’ s workers and their families pay expenses…

Fitch Withdraws Bridgefield Casualty and Bridgefield Employers Ratings

April 28, 2016

Fitch Ratings has withdrawn the’ A-‘ Insurer Financial Strength ratings of Bridgefield Casualty Insurance Company and Bridgefield Employers Insurance Company following the sale of these subsidiaries by Liberty Mutual Group, Inc. to American Financial Group, Inc. which Fitch does not currently rate. Accordingly, Fitch will no longer provide ratings or…

Health Insurers Setting The Stage For Significant Rate Hikes In 2017

April 28, 2016

Many insurers struggled because they didn’t know how much medical care their new customers would use. Insurers also say they’ve been hurt by customers who signed up outside the regular enrollment period and then used a lot of services.

Plug and Play Launches New Insurance Innovation Platform

April 28, 2016

–In partnership with Founding Partner Munich Re, Sompo Insurance, and USAA, Plug and Play is launching their newest program, Plug and Play Insurance. Through Plug and Play Insurance, startups targeting this space can gain guidance and insights from experienced industry players, while established insurers get access to innovative technology solutions that…

Health Care Providers Changing Their Approach To Employee Health Plans

April 28, 2016

–Valence Health, a leading provider of clinical integration, population health, and value-based solutions and services, and the American Society for Healthcare Human Resources, today announced new research indicating that healthcare providers increasingly use their employee health plans as laboratories for value-based innovations. The survey,…

Notice to Participants in the UMWA Cash Deferred Savings Plan of 1988: Investigation over Potential Wrongdoing

April 28, 2016

An investigation on behalf of participants of the UMWA Cash Deferred Savings Plan of 1988 concerning potential breaches of fiduciary duties was announced and those UMWA Cash Deferred Savings Plan of 1988 participants should contact the Shareholders Foundation. Those who are participants of the UMWA Cash Deferred Savings Plan of 1988 have certain…

Lincoln Financial Group Raises Awareness Related to the Insurance and Retirement Needs of Small-Business Owners and Employees

April 28, 2016

Lincoln Financial Group today announced survey findings related to important insurance and retirement considerations for small employers and their employees. “Small businesses are critical to economic growth in the U.S., making their overall success vital. That’ s why it is so important that small-business owners offer attractive benefits to ensure a…

Surgical Care Improvement Project Measures among Rural and Urban Hospitals in West Virginia

April 28, 2016

The Centers for Medicare and Medicaid Services and major health-care organizations, including the American College of Surgeons and the Joint Commission, organized SCIP as a nationwide undertaking to reduce the risk of surgical complications. In this study, we asked whether rural hospitals in West Virginia satisfied SCIP quality measures.

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