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Indiana Chamber of Commerce dropping Anthem from small business health plan

July 31, 2025 Newswires No comments.

The plan covers an estimated 1,500 small businesses and 12,500 employees across Indiana. "Through our months-long negotiations with Anthem, it became clear that we would not get a member-focused, cost-effective solution we wanted for our small employers," she said. It was our duty to take what we'd learned to Anthem and ask pertinent, fundamental questions in…

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Opinion— We must counter Trump's 'big, beautiful bill'

July 31, 2025

On July 3, the Republicans in Congress passed President Trump's bill that literally provides trillions in tax cuts to the wealthy and to big corporations. Over time, an estimated 17 million people nationwide and hundreds of thousands in Massachusetts will lose their health as a result of cuts to Medicaid and to Affordable Care Act health insurance subsidies.

A Federal Reserve–induced depression!

July 31, 2025

Not since World War II has an economy such as in the United States had to transition so dramatically. Europe benefited from the Marshall Plan, which included generous protections in terms of tariffs for Europe and the rest of the world at the expense of U.S. businesses. Unfortunately, unlike at the end of World War II, the Federal Reserve is operating contrary to…

UnitedHealth Group brings in outsider as new chief financial officer

July 31, 2025

UnitedHealth Group is bringing in an outsider as its new chief financial officer following months of unprecedented financial challenges at the nation’ s largest health care company. Wayne DeVeydt, 55, has been serving since 2022 as managing director of Bain Capital, a prominent private equity firm based in Boston. He becomes CFO at the Eden Prairie- based…

Highmark Health Appoints Greg Jordan Board of Directors Chair

July 31, 2025

Joe Guyaux retires from chair of Highmark Health board of directors and Doris Carson Williams retires from Highmark Inc. board of directors. PITTSBURGH, July 31, 2025/ PRNewswire-PRWeb/– Highmark Health announced today that Joe Guyaux, board of director chairman since 2015 and former president of PNC Financial Services Group, Inc., will be retiring from the…

Studies from Massachusetts General Hospital Yield New Information about Health and Medicine (Food and Housing Insecurity, Stress, and Health Care Use After Medicaid Expanded Services Program): Health and Medicine

July 31, 2025

2025 JUL 31– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Health and Medicine have been published. According to news reporting originating in Boston, Massachusetts, by NewsRx journalists, research stated,“ Importance: Massachusetts implemented a Flexible Services program under a Medicaid Section 1115 waiver to…

Data on Insurance Reported by Researchers at Massachusetts Institute of Technology (Consequences of Medicare Advantage for Beneficiaries and Politics: Revisiting the Delegated Welfare State): Insurance

July 31, 2025

2025 JUL 31– By a News Reporter-Staff News Editor at Health Policy and Law Daily– Research findings on Insurance are discussed in a new report. For more information on this research see: Consequences of Medicare Advantage for Beneficiaries and Politics: Revisiting the Delegated Welfare State. Journal of Health Politics, Policy and Law, 2025; 50: 629-657. Journal…

Church gets another chance to challenge WA abortion coverage law

July 31, 2025

For more than six years, the Cedar Park Assembly of God in Kirkland has been fighting Washington state in court over a law that requires employer-sponsored health insurance to cover access to abortion. The withdrawal comes after the Cedar Park Assembly of God asked the full appellate court to reconsider the March decision, in what is called a rehearing en banc.

RGA Closes $32 Billion Reinsurance Transaction with Equitable Holdings

July 31, 2025

Reinsurance Group of America, Incorporated, a leading global life and health reinsurer, announced today the successful completion of its previously disclosed transaction with Equitable Holdings, Inc. to reinsure a diversified block of life insurance products. Reinsurance Group of America, Incorporated is a global industry leader specializing in life…

Firing Powell is too risky — even for this White House

July 31, 2025

Donald Trump is hardly the first president to pressure the Federal Reserve to lower interest rates or take some other action the White House deems necessary to boost the economy and shield the commanderin-chief from the fallout that comes when voters can’ t make ends meet. President Lyndon B. Johnson did it 60 years ago, summoning William McChesney Martin, then…

Great American Insurance Group Expands Specialty P&C Portfolio with New Employer Health Benefits Business

July 31, 2025

Great American Insurance Group is pleased to announce the acquisition of Radion Health, Inc., a managing general underwriter, specializing in healthcare coverage for small and midsize businesses. Radion, dba Radion Health Insurance Services Inc. in California, CA license number 6006137, delivers innovative employer health benefit solutions tailored to…

AM Best Affirms Credit Ratings of Jordan Insurance Company Plc.

July 31, 2025

AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of“ bb+” of Jordan Insurance Company Plc.. The outlook of these Credit Ratings is stable. The company reported a net profit of JOD 2.3 million in 2024, primarily driven by the profitability of its life portfolio, while challenging market conditions in Jordan and the…

AM Best Affirms Credit Ratings of Lloyd’s, Its Rated Subsidiaries and Society of Lloyd’s

July 31, 2025

AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa-” of Lloyd’ s, Lloyd’ s Insurance Company Limited and Lloyd’ s Insurance Company S.A.. Capital adequacy is supported by a robust risk-based approach to setting member-level capital and Lloyd’ s Central Fund, which is available to meet the policyholder obligations of…

Two health insurers leave Illinois market

July 31, 2025

Only two health insurance companies are slated to offer marketplace health plans in central Illinois next year, halving the amount of insurance issuers the region currently has as Aetna and Health Alliance announced they will be exiting the insurance marketplace in 2026. All the while, Blue Cross Blue Shield of Illinois– the only company that covers the…

AM Best Affirms Credit Ratings of The Hanover Insurance Group, Inc. and Its Subsidiaries

July 31, 2025

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a+” of the property/casualty subsidiaries of The Hanover Insurance Group, Inc., which are collectively referred to as The Hanover. Additionally, AM Best has affirmed the Long-Term ICR of“ bbb+” and all Long-Term Issue Credit Ratings of The Hanover Insurance Group,…

CVS Health hikes 2025 forecast again, boosted by insurance, pharmacy businesses

July 31, 2025

CVS Health topped Wall Street expectations for the second quarter and hiked its full-year forecast again, as the health care giant continued to rally under new management from a forgettable 2024.. CVS Health now expects adjusted 2025 earnings to range between $6.30 and $6.40 this year after previously hiking the forecast in May. CVS Health Corp., based in…

Two governors rebel as Fed keeps rates steady amid Trump pressure

July 31, 2025

–The Federal Reserve on Wednesday held its key interest rate steady as expected, but two of President Donald Trump's appointees voted to lower rates. Trump appointed FOMC governors Michelle Bowman and Christopher Waller wanted to cut the rate by 1/ 4 percentage point. Chairman Jerome Powell was joined by governors John Williams, Michael Barr, Susan Collins, Lisa…

No Fed Action in Key Market Week; Mortgage Rates Flatten

July 31, 2025

The average 30- year fixed-rate mortgage rose one basis point to 6.85% in the week ending July 30, according to rates provided to NerdWallet by Zillow. The Federal Reserve just voted to keep short-term interest rates the same as central bankers continue their "wait-and-see" approach. If incoming data points to cooling inflation numbers, it will likely boost…

Local part-time elected officials can lose health insurance, Indiana Supreme Court rules

July 31, 2025

INDIANAPOLIS— The Indiana Supreme Court ruled on Tuesday that local units of government across the state can choose to exclude part-time elected officials from receiving health insurance. After hearing arguments in a Perry County case in October, the court reversed the trial court's ruling and vacated a preliminary injunction that had been issued in favor…

HB 421: Addressing Kentucky’s colon cancer problem

July 31, 2025

HB 421 requires all health insurance companies in the state of Kentucky to expand access to early colorectal cancer screenings for high-risk individuals and eliminates out-of-pocket costs and prior-authorization for eligible colonoscopy prep materials. The need for this legislation comes as a result of Kentucky having the highest national incidence…

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