New York Life, America’ s largest mutual life insurer, today announced that the company expects to pay participating policy owners a record dividend payout of $1.77 billion in 2017, an increase of 5.4 percent over what it expects to pay in 2016. This will mark the 163 rd consecutive year that New York Life has paid a dividend to policy owners. Since 2012, New York…
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Delivering affordable solutions that ease the financial burdens of unexpected medical events, The IHC Group announced today a new fixed-benefit indemnity product, Care Access Plan. “With rising deductibles and out-of-pocket medical expenses, supplemental health insurance is in demand,” said Dave Keller, Chief Sales and Marketing Officer of IHC Specialty…
Capital BlueCross- Harrisburg issued the following news release:. Capital BlueCross today announced the company is launching a new platform for its Healthy Rewards health incentives program that is proven to dramatically increase participation by health plan customers and improve participants’ health. The platform, powered by Bravo, will be available to…
RSA has announced changes to its commercial lines operation with the creation of two new divisions, as well as the appointment of a chief underwriting officer for its UK& International region. Effective immediately, RSA’s UK commercial lines business will be split into two distinct units according to customers’ needs, the size and complexity of their…
“Our research has consistently found that women are less likely to have life insurance coverage than men,” said James Scanlon, research director, LIMRA Insurance Research. According to Pew Research, 60 percent of today’s households with children under 18 are dual-income compared to just 25 percent in 19601. A positive trend the study, Life Insurance Ownership in…
In an unprecedented study of 2.2 million emergency room visits across the United States, Yale researchers found that 22% of patients who went to emergency departments within their health-insurance networks were treated by an out-of-network doctor and potentially incurred major, unexpected expenses. The researchers describe their findings in an…
Grinnell Mutual Reinsurance Company’s Working Together Making it Better promotion ended at 2 p.m. Wednesday, Nov. 16. Mount Carmel is a two-time winner, having placed second in last year’s promotion with their# refreshMTC project. Second place and $1,000 goes to the Winterset Dog Park in Winterset, Iowa, and the third-place $500 grant will be awarded to the Tinker…
The state launched MNsure three years ago as part of the federal Affordable Care Act, and the big enrollment numbers come despite questions about the future of the health law given electoral triumphs by Republicans. “We have heard from assisters just anecdotally across the state that consumers are canceling their appointments because there is so much…
This enrollment period, there are fewer stand-alone prescription drug plans and Medicare Advantage plans to choose from, according to Gretchen Jacobson, associate director for Kaiser Family Foundation, a nonprofit organization that focuses on national health issues. As of March, there were about 3,600 seniors in Merced County enrolled in Medicare,…
Nov. 16– The Clayton Board of Aldermen unanimously approved a tax abatement agreement with Centene Corp. on Tuesday night that paves the way for the fast-growing health insurer to build a huge new office campus for 2,000 additional employees. In all, the agreement is projected to save Centene about $75 million over 20 years, or about $40 million in today’s…
Nov. 16– It all happened so quickly, Vanessa Monteiro said she doesn’t remember the Dodge Neon crashing through her work place. All 14 feet of the Dodge was inside the State Farm Insurance office at the Ceres Plaza Shopping Center on East Hatch Road when police and fire arrived at the scene Wednesday afternoon at about 2 o’clock. He drove between two parked cars,…
Nov. 17– The U.S. Small Business Administration funnelled more than $24 million in low-interest disaster loans into Florida during October to help with Hurricane Matthew recovery– but the deadline to take advantage of this resource is quickly approaching. The SBA has approved approximately $7.6 million in loans to St. Johns’ homeowners and $415,900 in loans to…
Nov. 16– The Ijams Nature Center’s interim executive director said Tuesday that the Ijams Crag, the only outdoor climbing destination in Knoxville area, will be reopened “any day now,” as soon as an insurance company provides coverage for unsupervised climbers. “We’ve been told that it is pending,” said Bo Townsend, who was named interim director of the park on Oct. 3…
The awards were the result of a nomination process and anonymous employee surveys conducted by the Free Press’s partner, Workplace Dynamics, a suburban Philadelphia- based employee research and consulting firm. This year’s panel discussion, led by Christopher Kirkpatrick, senior news director at the Free Press, probed the secrets to workplace success as…
Adeyola, head of the non-profit HEART Foundation, appeared in Buffalo federal court Wednesday to face allegations that he cheated local health insurers and a California non-profit group out of $365,000. Charged in a multi-count indictment, he is accused of submitting 4,000 fraudulent claims to Blue Cross Blue Shield, Univera Healthcare and Independent…
Nov. 16– A three-judge Pennsylvania Superior Court panel has upheld a fine of almost $45,000 against insurance defense attorney Nancy Raynor, imposed for witness intimidation during the medical-malpractice case that at one point also resulted in a controversial $1 million sanction against her. That sanction, imposed in November 2014 by Philadelphia…
Nov. 16– BEEKMANTOWN– Keith Burdo’s fast response with a fire extinguisher helped contain a blaze Tuesday night underneath his home at 302 Pellerin Road. Beekmantown and Town of Plattsburgh District 3 fire departments were called to the mobile home fire at 10:19 p.m., a Clinton County dispatcher said. Altona, Chazy, West Chazy, Cumberland Head and Morrisonville…
–Today, Exer More Than Urgent Care opened a highly-anticipated urgent care facility at the corner of South Pacific Coast Highway and Knob Hill Road Avenue in Redondo Beach, Calif. By working in partnership with Providence Health& Services, Exer More Than Urgent Care is a next generation ER alternative which provides patients with an unparalleled healthcare…
*The Republican Congress will work with the new administration to repeal and replace Obamacare with patient-centered reforms. Though President Obama promised his health care law would lower premiums by $2,500 per year for the typical family, premiums and other health care expenses have skyrocketed. Though Democrats promised people could shop for health…
