More than half of working-age adults get their health insurance through an employer, but in many states premium contributions and deductibles take a significant bite out of household incomes. A new analysis from the Commonwealth Fund, a research nonprofit focused on health care, found that in 2024, premium contributions and deductibles for family plans totaled 10%…
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During back-to-back congressional hearings last month, lawmakers grilled the CEOs of five major health insurers about their vertically integrated business models. Rep. Alexandria Ocasio-Cortez (D-NY) called for breakup legislation modeled on the 1933 Glass-Steagall Act, which structurally separated commercial and investment banking.
Florida’s 2023 torts rewrite is delivering as promised, according to a new analysis being touted by insurers. The Perryman Group’s new report, highlighted by the American Property Casualty Insurance Association, dives into the impacts of major legislation enacted in recent years, including 2023 legislation (HB 837) that made sweeping changes to how lawsuits are filed,…
Good Wednesday morning. Florida’s 2023 torts rewrite is delivering as promised, according to a new analysis being touted by insurers. The Perryman Group’s new report, highlighted by the American Property Casualty Insurance Association, dives into the impacts of major legislation enacted in recent years, including 2023 legislation (HB 837) that made sweeping changes to how…
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…
TLDR Bitcoin dropped below $67,000 on Wednesday morning, falling 3.1% to $66,804, while Ethereum slipped 4.1% to $1,965 Kevin Warsh’s nomination as Federal Reserve chair triggered the selloff with expectations of tighter liquidity and fewer rate cuts ahead Derivatives data shows much of the excess leverage has been cleared from the market with funding rates […] The post Bitcoin…
This is an edition of The Atlantic Daily, a newsletter that guides you through the biggest stories of the day, helps you discover new ideas, and recommends the best in culture. Sign up for it here.. During the summer of his 2024 presidential campaign, Donald Trump made a vow to the cryptocurrency industry: Elect him, and the United States would become the“ crypto capital…
Moody’s predicts static job growth in Illinois According to a report prepared by Moody’s Analytics for the Illinois Commission on Government Forecasting and Accountability, Illinois’ economy will underperform the Midwest and the United States in the coming year.
In his 2018 campaign for governor, Abdul El-Sayed attacked private health insurers in favor of a single, government-run public healthcare program.
Florida’s biggest health insurer and others say they will cover all traditional vaccinations through 2026. But governing federal policy is in flux.
While people have been quick to blame health insurers for the skyrocketing cost of health care in the U.S., the reality of the situation is more nuanced, and other factors have played a much bigger role in driving up costs. We explore some of those less-reported drivers of the high cost of health care in the country. […]
Michigan's health insurance program for the poor is expected to lose billions of dollars in revenue as a result of changes in law at the federal level.
The Federal Reserve plans to introduce restricted ‘skinny master accounts’ for select crypto and fintech firms before year-end, offering limited payment system access as comprehensive cryptocurrency legislation remains stalled in Congress, Federal Reserve Governor Christopher Waller confirmed.
TLDR Circle has officially backed the Federal Reserve’s proposal for a “skinny payment account” aimed at integrating stablecoins into the U.S. financial system. The proposal will allow non-bank financial institutions, including stablecoin issuers, to access the Federal Reserve’s payment infrastructure. Circle’s support of the plan signals its commitment to using the…
Candriam S.C.A. grew its position in shares of Nuvalent, Inc. (NASDAQ:NUVL – Free Report) by 9.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 329,721 shares of the company’s stock after purchasing an additional 28,462 shares during the quarter. Candriam S.C.A. owned approximately…
The state’s five largest nonprofit hospital systems again cleared a statutory pricing benchmark in 2024, according to the latest report commissioned by the Indiana Department of Insurance. The analysis, by actuarial consultant Milliman, includes Ascension Health, Community Health Network, Franciscan Health, Indiana University Health and Parkview Health — minus critical access…
When a storm destroyed the roof of Karen Powers’ Yukon home, her love for State Farm was not enough to prevent the insurance giant from denying the claim.
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…
Florida hospitals warn that delayed CMS approval of the state’s Medicaid payment plan is pushing maternity, psych and pediatric care to the brink.
