Enhanced premium tax credits that deeply subsidize health insurance premiums on Affordable Care Act exchanges are set to expire at the end of this year, unless Congress renews them. Congress appears on track to let the tax credits expire, as Republican leaders pursue legislation to address health care costs without extending the credits.
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Often, there is a significant delay in the impact. BOJ raised its key rate to 0.75% from 0.5%. The rate has been at 0.5% since January 2025. 0.75% is the highest rate in Japan since 1995. BOJ Governor Ueda is indicating that further rate hikes may be ahead. The 10- year Japanese Government Bond has risen above 2%. In our analysis, after years of deflation, inflation is now…
Often, there is a significant delay in the impact. BOJ raised its key rate to 0.75% from 0.5%. The rate has been at 0.5% since January 2025. 0.75% is the highest rate in Japan since 1995. BOJ Governor Ueda is indicating that further rate hikes may be ahead. The 10- year Japanese Government Bond has risen above 2%. In our analysis, after years of deflation, inflation is now…
Fairview Health Services has $100 million at stake in the state’ s eventual liquidation of UCare, the Minneapolis- based health system asserted in court filings this week. In April, the health insurer began reopening and denying claims that had already been paid to the health system, according to a Dec. 18 filing in Ramsey County District Court.
Bringing credit union priorities directly to administration officials, America's Credit Unions President/CEO Scott Simpson, Senior Vice President of Advocacy Greg Mesack, and Head of Regulatory Advocacy James Akin met with Treasury and National Economic Council leaders Thursday. "Today's discussions with Treasury and the National Economic Council…
Loyola University Maryland in Baltimore has announced a $10 million commitment from alumnus H. Edward Hanway and his wife, Ellen, in support of its nursing and risk management programs. The award from the former CEO of Cigna, the health insurance company, will fund expansion of the school's Donnelly Science Center, which houses Loyola's newly launched nursing…
Despite a last-ditch attempt in the House to extend ACA subsidies, with Congress adjourning for the year on Dec. 19, it’ s looking almost certain that Americans relying on ACA subsidies will face a steep increase in health care costs in 2026.. As a gerontologist who studies the U.S. health care system, I’ m aware that disagreements about health care in America have a…
U.S. House Republicans' five-point health care plan could reduce premiums by 11%, but could also increase the number of people without health insurance by 300,000 annually, according to a new Congressional Budget Office analysis. Congress temporarily expanded the PTC during the COVID-19 pandemic, and its reversion to original pre-pandemic levels after Dec….
This initial plan totals $167.9 million and is intended to reduce the cost of health insurance for more than 150,000 Connecticut residents, provide food for more than 35,000 people, and keep 3,500 people in their homes, Lamont said. Specifically, the funding includes food and nutrition assistance due to changes to the Supplemental Nutrition Assistance…
Congressman Doug LaMalfa released the following statement after voting in favor of H.R. 6703, theLower Health Care Premiums For All Americans Act. Congress has a responsibility to address this before even more people are priced out of coverage entirely. " It also deregulates Stop Loss Insurance, encouraging more employers to offer health benefits without…
The average rate on a 30- year fixed-rate mortgage held steady at 6.14% APR the week ending Dec. 18, according to rates provided to NerdWallet by Zillow. You might have thought mortgage rates would already be lower, since the Federal Reserve met last week and cut the federal funds rate 25 basis points. If you weren't sure how that works, you're in good company: Just 25%…
For millions of Americans, Jan. 1 won’ t be an occasion to celebrate the coming of the new year. Without a last-minute agreement between congressional Democrats and Republicans, the subsidy structure that has been in place since 2021 will revert to the arrangement written into the act in 2010.. Republicans have dressed up their attack with reams of empty rhetoric.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of“ bbb+” of Min Xin Insurance Company Limited. MXHL is majority owned by its ultimate parent, Fujian Investment& Development Group Co., Ltd., a Chinese state-owned enterprise and the investment platform of the Fujian…
CHARLOTTE— North Carolina's economy is closing out the year with steady momentum, driven by solid numbers in nine of the state's 15 economic sectors. In 2026, a primary risk for the economy will be the uncertainty surrounding Federal Reserve interest rate policy. The Fed cut rates on Dec. 10, the third such move since September, trimming the fed funds rate by 25…
LINCOLN— Nebraska will be the first state to implement new work reporting requirements to receive Medicaid, beating a deadline for states in the One Big Beautiful Bill Act by eight months. Jim Pillen announced Nebraska's early participation in the federal changes at a press conference Monday with Dr. Nebraska officials remain split on health care effects of…
Warner Pacific, a trusted national General Agency for brokers nationwide, today announced it has completed the acquisition of Local Insurance Advisors, a leading individual Medicare and health insurance advisory firm based in Oklahoma. As part of the transaction, LIA owners Tom Mays and Travis Branch will join Warner Pacific as Regional Vice Presidents,…
But none of those increases compare to what's hitting us on Jan. 1, when our health insurance premiums will nearly double. Our monthly premium is jumping from $969 to $1800, which means we'll pay over $20,000 next year, a significant increase and dramatic cut of our annual income. They're the direct consequence of a decision by President Donald Trump to rip away tax…
Better Home& Finance Holding Company announced the appointment of Barry Feierstein as Better’ s Chief Operating Officer. Mr. Feierstein will oversee Better’ s core Corporate Operations to help drive alignment and efficiency across the organization. Prior to joining the Company, Mr. Feierstein served as Chief Operating Officer of Hamilton Insurance Agency, an…
Asian shares were moderately higher and U.S. futures were mixed after the Bank of Japan raised its key policy rate Friday to its highest level in 30 years. Regional shares advanced after stocks on Wall Street rose Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year.
