Employer-sponsored health insurance is rapidly deteriorating. If the next 25 years of premium increases are like the past 25, then employer premiums will be $120,000 in 2050.. Arguably, the U.S. has been preparing for this transition for six decades.
Newswires
BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…
Norwood H. Davis Jr., who for two decades led the company that became the largest health insurer in Virginia, died Sunday. Davis, who was diagnosed with Alzheimer's disease, was chairman and CEO of Trigon Blue Cross Blue Shield, which later became Anthem and eventually Elevance Health. After graduating from John Marshall High School, he attended Hargrave Military…
BOISE, Idaho- Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It's nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…
The Department of Business, Economic Development and Tourism is encouraging Hawaii small businesses to take part in the Federal Reserve's 2026 Small Business Credit Survey, now open through Nov. 13. Last year, feedback from Hawaii participants contributed to national reports on lending trends and the financial health of small businesses following natural…
October is Breast Cancer Awareness Month, and the Michigan Department of Insurance and Financial Services is encouraging Michiganders to review and understand their health insurance coverage for breast cancer screenings, diagnostic services, and treatment. Breast cancer remains one of the most frequently diagnosed cancers in Michigan.
Senate candidate John Sununu's "ties to the health insurance industry may be a drag on his comeback bid for the U.S. Senate." Sununu "spent nine years at the lobbying firm Akin Gump," which "represented large health insurers" that have faced accusations "of denying claims at an unusually high rate. After leaving office, Sununu spent nine years at the lobbying firm Akin…
A Las Vegas business owner pleaded guilty today to arranging a fake armed robbery of his cell phone repair store to collect money from his insurance company. "When a business owner chooses to engineer a $90,000 fraud scheme, they are not engaging in a victimless crime," said First Assistant United States Attorney Sigal Chattah for the District of Nevada.
Car insurance is expensive, and insuring young adult drivers adds to the cost. "It’ s not an age question," said Mark Friedlander, a spokesperson for the Insurance Information Institute, an industry group. Douglas Heller, director of insurance at the Consumer Federation of America, an association of nonprofit consumer advocacy groups, agreed that there was no…
CARBONDALE— Southern Illinois University graduate assistant Adam Turl faced a big surprise when they tried to register for student health insurance at the start of this semester. Adam Turl and their spouse Tish Turl are no strangers to SIU. Both Adam and Tish Turl said while they love Carbondale and SIU, they feel betrayed— but not shocked— by this decision.
Central Carolina Insurance Agency is welcoming a new member to the team. Gabe Peeler brings a personal and relationship-focused approach to his work in the insurance industry, where he has been building his career since 2022, notes a release from Central Carolina. A North Carolina native, Peeler enjoys spending his free time with family, especially making…
MISSOULA— Bethany Zulick went back to school in January to become a high school English teacher. The health insurance offered through Montana State University was too expensive, Zulick said, almost as much as her tuition. But in June, the state sent a letter that she said left her“ completely confused.” She knew Montana was rolling out a system for work requirements…
Peter Jason Meilahn, a psychotherapist from Duluth, Minnesota, faces 13 felony counts after prosecutors accused him of receiving more than $2.25 million in Medicaid payments for services investigators say were not provided. The Minnesota Attorney General’ s Office said health insurer UCare referred Meilahn to the state’ s Medicaid Fraud Control Unit.
According to news originating from Kansas City, Missouri, by NewsRx correspondents, research stated,“ We develop a model that shows how foreign reserve management decisions can adversely affect U.S. money market liquidity. Our news journalists obtained a quote from the research from the Federal Reserve Bank of Kansas City,“ Over the relevant horizon, this…
The recent nor'easter that slammed the Outer Banks was a not-so-subtle reminder that hurricane season is still upon us and will continue until November 1. As pointed out by the North Carolina Department of Insurance, the first thing that homeowners need to keep in mind is that their standard homeowners policies do not cover flood damage.
By AAA of Western and Central New York. The Medicare annual enrollment period begins Oct. 15 and ends Dec. 7. AAA recommends sitting down with a licensed insurance adviser to evaluate whether your current Medicare plan will change and if another plan might better meet your needs and budget.
2026 OCT 02– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– Current study results on Insurance have been published. For more information on this research see: Regulatory Competition In the Us Life Insurance Industry. Journal of Political Economy, 2026. Journal of Political Economy can be contacted at: Univ Chicago Press, 1427 E 60 TH St,…
AM Best has commented that the Short Term Issuer Credit Ratings of AMB-1+ of Pacific Life Insurance Company’ s recently amended commercial paper program remain unchanged following the announcement of an increase in its size to $2.25 billion from the previous $1 billion level, which took effect Sept. 30, 2026. AM Best recognizes that the amended program will…
Dave Min and Johnny Olszewski introduced the Community Disaster Protection Act, which would establish a five-year pilot program under the Federal Emergency Management Agency to help local governments and community organizations design community-based catastrophe insurance that will help Americans in the most high-risk areas access affordable…
