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President of Insurance Brokerage Firm and CEO of Marketing Company Charged in $161M Affordable Care Act Enrollment Fraud Scheme

February 21, 2025

The U.S. Department of Justice issued the following news release on Feb. 19, 2025:. President of Insurance Brokerage Firm and CEO of Marketing Company Charged in $161 M Affordable Care Act Enrollment Fraud Scheme. An indictment was unsealed today charging Cory Lloyd, 46, of Stuart, Florida, and Steven Strong, 42, of Mansfield, Texas, in connection with their alleged…

STATEHOUSE: Senate Republicans approve limiting health insurance program for Hoosiers

February 21, 2025

Ryan Mishler, the chief budget architect for Senate Republicans, pitched Senate Bill 2 as one to "right size" Medicaid, which is the fastest-growing portion of the state budget. Senate Democrats universally opposed the measure, which moved to the House on a 40-9 vote. Fady Qaddoura, D- Indianapolis, said the bill would limit the number of qualified Hoosiers who might…

State health plan users may see premium increases under SC House budget proposal

February 21, 2025

Under the House Ways and Means proposal, those on the health plan will see their health insurance rates go up by $36.76 a month, or roughly $441 a year. The House budget proposal includes a roughly $200 million tax cut by reducing the highest income tax rate from 6.2% to 6%, reducing how much money lawmakers would have to spend. Gilda Cobb-Hunter, D- Orangeburg, a…

Senate Republicans approve limits on health insurance program

February 21, 2025

Ryan Mishler, the chief budget architect for Senate Republicans, pitched Senate Bill 2 as one to "right size" Medicaid, which is the fastest-growing portion of the state budget. Senate Democrats universally opposed the measure, which moved to the House on a 40-9 vote. Fady Qaddoura, D- Indianapolis, said the bill would limit the number of qualified Hoosiers who might…

Creighton’s ‘rural mainstreet’ survey shows small share expect positive outcome from Trump tariffs

February 21, 2025

OMAHA — Only 9% of bankers responding to Creighton University’s monthly “rural mainstreet” survey across 10 states expect positive outcomes from Trump tariff actions, according to February results released Thursday.

Trump's new Social Security head admits dead Americans 'aren't necessarily' getting checks

February 21, 2025

Even Trump's new top Social Security chief is refuting the president's claims that deceased Americans are receiving Social Security payments.

As Elon Musk reforms the U.S. state, some wonder where the institutional safeguards have gone

February 20, 2025

WASHINGTON- In less than a month, the brand-new billionaire-led DOGE has laid off thousands of government employees, frozen billions of dollars in funding, rummaged through the world of private data and left many Americans with a simple question in their mouths: How did it come to this? The dizzying campaign to dismantle the Agency for International…

Tax enforcers, rocket scientists, bank regulators fired as Trump slashes federal workforce

February 20, 2025

President Donald Trump's administration targeted bank regulators, rocket scientists and tax enforcers on Tuesday for dismissal as a U.S. judge gave him the green light to continue with the unprecedented remaking of the U.S. civil service- at least for now. Tech billionaire Elon Musk's Department of Government Efficiency, or DOGE, has swept through federal…

Banker French Hill clears path in Congress for bankers to charge you more

February 20, 2025

The federal Consumer Finance Protection Bureau has no business protecting consumers unless and until President Elon Musk and his fellow broligarchs say so. Rolling Stone was the first to roll out this story with their Feb. 18 piece " Trump Administration Wants to Let Banks Jack Up Overdraft Fees: The administration's assault on the Consumer Financial…

Big homeowner rate hike from State Farm shot down by California regulator

February 19, 2025

Lara, who has been urging insurance companies to write policies in the state again despite increasing wildfire risks, says in a letter to State Farm executives that he needs more information before he can approve an increase. "The burden is on State Farm to demonstrate that interim relief is warranted under the circumstances," the commissioner says in his letter. "

Musk's shake-up leaves many in civil service stunned

February 18, 2025

White House exploits safeguards with weak enforcement or loopholes. In less than a month, Elon Musk's U.S. DOGE Service has fired thousands of federal employees, frozen billions of dollars in funding, sifted through reams of private data and left many Americans with a simple question: How could this happen? The breakneck campaign to eviscerate the U.S. Agency for…

WNS Recognized as a ‘Leader’ in Insurance Services by ISG

February 18, 2025

NEW YORK& LONDON& MUMBAI, India—- WNS Limited, a digital-led business transformation and services partner, today announced that it has been recognized as a‘ Leader’ across multiple service lines in ISG’ s 2024 Provider Lens TM Insurance Services Quadrant Report. The reports highlight WNS’ differentiated capabilities in Property and Casualty Insurance BPO…

Senate passes bill capping medical insurance coverage

February 18, 2025

Health insurers operating in North Carolina are required under several laws enacted over decades to provide a variety of medical benefits and coverages. Since 2001, a state law has required the coverage of colorectal cancer screening for every covered individual over 50 and all those under 50 who are determined to be a high risk for the disease.

Insurance commissioner, legislative leaders join forces to introduce proposals for wildfire mitigation and recovery

February 18, 2025

Insurance Commissioner Ricardo Lara, along with several legislators, is advancing a comprehensive legislative package aimed at protecting wildfire survivors and improving preparedness for future disasters. Lara's office said this package focuses on three key goals: Consumer protection, climate resiliency, and market strength. "Countless families,…

Targeted by Trump, Medicaid funding stirs debate as CT changes rules for hospitals

February 18, 2025

Medicaid, the government program that covers health care for nearly a million Connecticut residents, has become a focus of controversy both in Hartford and Washington, D.C., this winter as costs continue to grow. Care for Medicaid patients cost $9.8 billion in Connecticut in 2024, according to health data site KFF, with the federal government paying for about…

Treasury chief brings new view on interest rates

February 18, 2025

Scott Bessent, the nation's new Treasury secretary, is a product of the investment world. His private sector background brings to the government a different set of tools and ideas that may lessen the burden on the Federal Reserve Bank in its fight against inflation. The fly in the ointment over the last several decades has been that while the central bank has been…

Commentary: Steady, Chairman Powell

February 18, 2025

Getting your Trinity Audio player ready… In 1980, newly elected President Ronald Reagan faced a serious problem. Busy solving Reagan's inflation was the chair of the Federal Reserve, a tall, athletic, cigar-smoking man named Paul Volcker.

Australian central bank cuts benchmark interest rate for the first time since October 2020

February 18, 2025

—Australia’ s central bank on Tuesday reduced its benchmark interest rate for the first time since October 2020 as the nation’ s inflation cools. The Reserve Bank of Australia reduced the cash rate by a quarter percentage point from 4.35% to 4.1% at its first board meeting for the year. Bank Governor Michele Bullock later advised against believing economic…

Studies from University of Occupational and Environmental Health Provide New Data on COVID-19 (Avoiding the Use of Outpatient Rehabilitation Services Under Long-term Care Insurance During the Covid-19 Pandemic): Coronavirus – COVID-19

February 17, 2025

2025 FEB 17– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– Current study results on Coronavirus- COVID-19 have been published. Our news editors obtained a quote from the research from the University of Occupational and Environmental Health,“ Main avoidance reasons were users avoiding contact with other users, families avoiding contact with…

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