Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up 11% of median family income in California in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance, for many of the estimated 167 million Americans who get coverage through an employer. The state-by-state breakdown of federal…
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Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up almost 9% of the median family income in Minnesota in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance. Zoom in: The state-by-state breakdown of federal data by the Commonwealth Fund looked at how much people spent on…
House Judiciary Committee Republicans have subpoenaed eight Affordable Care Act health insurers for documents as part of a widening investigation of potential fraud surrounding the use of premium subsidies in the individual market, Axios has learned. Why it matters: Enhanced premium tax credits for ACA coverage expired on Jan. 1. But Republicans are pressing forward with their…
Gov. Gretchen Whitmer outlined a broad array of policy goals in her State of the State speeches over the years. How many materialized?
Senate leaders propose redirecting $254 million from the teacher pension fund to expand private school tax credits and improve literacy.
Federal Reserve Governor Lisa Cook warned the U.S. central bank may not be able to counter rising unemployment driven by adoption of artificial intelligence. In a productivity boom such as this, a rise in unemployment may not indicate increased slack, "Cook said Tuesday in Washington. The Fed left its benchmark rate unchanged at its last policy meeting in…
Cary Street Partners Financial LLC boosted its position in Markel Group Inc. (NYSE:MKL – Free Report) by 516.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,089 shares of the insurance provider’s stock after buying an additional 1,750 shares…
English Capital Management LLC acquired a new position in Elevance Health, Inc. (NYSE:ELV – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 7,682 shares of the company’s stock, valued at approximately $2,482,000. Elevance Health makes up about 1.6% of English Capital…
Centersquare Investment Management LLC increased its position in Public Storage (NYSE:PSA – Free Report) by 38.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,145,607 shares of the real estate investment trust’s stock after purchasing an additional 315,370 shares during the quarter. Public Storage…
Centersquare Investment Management LLC raised its stake in shares of VICI Properties Inc. (NYSE:VICI – Free Report) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,299,483 shares of the company’s stock after acquiring an additional 72,725 shares during…
Centersquare Investment Management LLC increased its stake in Regency Centers Corporation (NASDAQ:REG – Free Report) by 5.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 351,963 shares of the company’s stock after purchasing an additional 18,997 shares during the quarter. Centersquare Investment…
Citizens Business Bank purchased a new position in The Progressive Corporation (NYSE:PGR – Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,403 shares of the insurance provider’s stock, valued at approximately $4,545,000.
Dr. David Edward Marcinko; MBA MEd CMP SPONSOR: http://www.CertifiedMedicalPlanner.org *** *** Risk‑based medical payment models have become one of the most significant shifts in modern health‑care financing. They move providers away from the traditional fee‑for‑service structure, where every test, visit, or procedure generates a separate payment, and toward arrangements…
New legislation would require California home insurers to guarantee coverage for homeowners that take steps to reduce their wildfire risk and give policyholders at least six months notice before being dropped. The flurry of proposed laws comes a year after a set of deadly wildfires in Los Angeles County killed 31 people, destroyed more than 16,000…
The Arizona Republican Party’s liability insurance paid $1 million in legal fees for the GOP electors who falsely asserted that Donald Trump won the state’s 2020 electoral votes, former chair Gina Swoboda told members of the party’s executive committee, Axios has learned. Why it matters: The payouts caused sky-high rates that left the party’s directors and officers "effectively…
CVS says bill will force closure of 134 pharmacies in Tennessee. Lawmaker calls it ‘fear-mongering.’
A coalition of Tennessee lawmakers, including Republican leaders in the state House and Senate, is sponsoring legislation to rein in what it sees as unfair business practices by companies such as healthcare giant CVS.
The Bank of England left interest rates unchanged but hinted that reductions could arrive later this year, a shift that suggests relief may be coming for households and businesses after a long squeeze from high borrowing costs.
Image Source: Unsplash.com Louisiana drivers now carry the most expensive auto insurance bills in the country, and the numbers refuse to sit still. Rates keep climbing, households keep adjusting, and frustration keeps building. While drivers in other states grumble about rate hikes, people in Louisiana stare at premiums that often double the national average and…
Hotel owners are facing a profitability crisis that extends well beyond rising interest rates. Brent Jaynes, Managing Partner at Leisure Real Estate Advisors, says operators are contending with sharp, simultaneous increases in insurance, labor, and commodity costs that cannot be offset solely by raising room rates. This squeeze on cash flow is fundamentally changing both […]
