Newswires

On Tuesday, Community Health System and Blue Shield announced they had reached an agreement for a new multi-year contract after a nearly five month lapse in contract. Greg Siebert, senior vice president of provider partnerships and network management at Blue Shield of California, welcomed Community Medical Centers back into the Blue Shield network in a news…

GOLIAD– The Goliad City Council postponed decisions on engineering and building official services on Tuesday, June 23, while approving the city's employee health insurance renewal, budget amendments and several administrative items. Council members approved renewing the city's current Texas Health Benefits plan for employees, accepted a budget…

Jeffrey Sutton, a longtime Refinery Operator at Valero's Benicia refinery, has filed an ERISA lawsuit against Unum Life Insurance Company of America alleging that Unum miscalculated and underpaid his long-term disability benefits by roughly $3,467 per month by excluding years of mandatory, pre-scheduled overtime from his pre-disability earnings.

Former Federal Reserve Chairman Alan Greenspan died Monday at age 100. In his memoirs, Greenspan partly attributed his success and that of his predecessor Paul Volcker to having implemented the advice of Milton Friedman, founder of the "Monetarist" school of economics. Monetarists like the legendary Milton Friedman had long argued that until you contained…

CPI TM, a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation. The transaction adds recurring revenue with an established base of multi-year customer relationships across the U.S. to CPI’ s…

AM Best has assigned a Preliminary Credit Assessment to Fortium Insurance Company Ltd. with a Financial Strength Assessment of A- pca and a Long-Term Issuer Credit Assessment of“ a-” pca. The outlook assigned to the PCA is stable. An initial capital contribution of approximately $110 million in 2026 and retained earnings through the forecast period are…

Mike Lundquist has joined Alliant Insurance Services as Vice President within its Employee Benefits Group. The Utah- based consultant will partner with employers to develop and implement strategic benefits solutions that support workforce goals, strengthen employee engagement, and align with long-term business objectives. “Mike’ s service-first…

Kennebunkport resident Kristin Fuhrmann-Simmons saw her family's health insurance costs increase ten-fold after Congress last year failed to extend pandemic-era tax credits for plans purchased on the marketplace. Four health insurance companies offering plans on Maine's marketplace, CoverMe.gov, have proposed double-digit rate increases next…

I learned just how little I knew when I got a sneak peek tour of the Federal Reserve Bank of Philadelphia’ s redesigned "Money in Motion" exhibit with Andrew Hill, assistant vice president of economic education. Even if you already know the role and history of the Federal Reserve, I’ d bet a pretty penny you’ ll be impressed by the rare coins and notes on display, including…

Pediatric Associates, Florida’ s largest pediatric provider, is sounding the alarm about a change by the state that could make it difficult for doctors to treat children who are insured through Medicaid in the future. Others, like those with Pediatric Associates, are taking some financial loss, at least for now, every time medical care is provided to a child who’ s…

MANISTEE COUNTY– During its regular June meeting, the Manistee County Board of Commissioners voted to switch to a self-funded health insurance plan for county employees and their dependents currently enrolled in the county's health insurance program. Health policy information organization Kieser Family Foundation defines self-funded insurance as, "…

The following information was released by California State Senator Kelly Seyarto:. The largest budget in California history. While this budget funds many important state programs, it also raises serious questions about whether Sacramento is focusing on the issues that matter most to everyday Californians.

Agriculture is also central to Ukraine's irreversible path towards membership of the European Union. European agriculture will be stronger with Ukraine than without it. At the same time, our first responsibility is to Ukraine and to the Ukrainian people.

A survey released this month by the insurance firm Northwestern Mutual says that many Americans, including some in their 50 s and 60 s, rely on their parents for financial help. The Federal Reserve also conducts an annual survey on financial well-being, and it also reported an increase in the reliance on parents to pay the bills. In many ways this is not surprising;…

Attorney Scott E. Bradford announced criminal charges against two defendants in connection with various schemes to defraud Medicare, the Department of Health and Human Services, the Veterans Health Administration, and private insurance companies. "Health care fraud inflates costs, restricts access to critical services, and siphons taxpayer dollars from…

The Nasdaq and the S&P 500 closed lower Tuesday, dragged down by sharp losses in semiconductor stocks as investors scrutinized growing debt-funded artificial intelligence spending and braced for a more hawkish Federal Reserve. Nvidia dropped 4.1% and Alphabet fell 1% while chipmakers Intel, Marvell Technology and Advanced Micro Devices lost between…

–The United States Congress’ failure to extend public subsidies for private health insurance has caused millions to lose healthcare coverage, increasing financial hardship and deepening inequality, Human Rights Watch and Oxfam America said today. “Congress’ choice to let these subsidies end has led millions to become uninsured and is forcing many to pay far…

The Justice Department charged 19 Illinoisans, three of them from Chicago, with various healthcare fraud schemes Tuesday, as part of a large-scale investigation that yielded charges against more than 450 people in numerous schemes across the country.In one case, Daniel Robinson, 51, from Palos Park, is accused of defrauding Illinois Medicaid through filing…

CHEYENNE— Wyoming lawmakers and health care leaders gathered this week for the debut of the Legislature’ s Health Insurance Affordability Task Force, a group charged with untangling the complexities of rising medical costs and insurance premiums in a state where geographical isolation often dictates the price of survival. He discussed the economics of…