RALEIGH, N.C.— The cost of healthcare for more than 750,000 North Carolina state employees, teachers and retirees could soon depend on which doctor or hospital they choose. The State Health Plan Board of Trustees moved a step closer Friday to adopting a new three-tier provider system that would reward members who use certain healthcare providers with lower…
The following information was released by the Insurance Information Institute:. Claims closed without payment occur for many legitimate reasons and should not be confused with an insurer's obligation to pay covered losses. Insurance claims may be closed without payment for a variety of legitimate reasons, including when damages fall below a policy's…
Ryan Young- Sean Higgins- 06/05/2026. The Federal Reserve will likely resist an interest rate cut at their next meeting in its continued mission to stamp out inflation. "Friday's Labor Department report that the economy gained 172,000 jobs in May, well above analysts' expectations, suggests the economy is beginning to gain steam again thanks to attempts to wind…
The following information was released by the Progressive Policy Institute:. WASHINGTON This week, the Progressive Policy Institute filed an amicus brief in the case Linney's Pizza, LLC v. Board of Governors of the Federal Reserve System at the U.S. Court of Appeals for the Sixth Circuit.
"Once again, Connecticut families, workers, retirees, and small businesses are being asked to absorb another round of staggering double-digit health insurance premium increases," Hwang said. "For more than a decade, Connecticut residents have faced annual rate hikes that consistently add to our healthcare affordability crisis. "Every year I have raised…
The following information was released by Georgia Senator Reverend Raphael Warnock:. The amendment was blocked on a party-line vote 52-46 with all "no" votes coming from Senate Republicans. The Senator's effort to release data surrounding Medicaid coverage loss was blocked by Senate Republicans 52-46..
The U.S. stock market had its worst day since October Friday as a sell-off in big technology companies weighed down the broader market and a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The S&P 500 sank 2.6%, its biggest one-day drop since October 10, when the Trump administration…
By DAMIAN J. TROISE and ALEX VEIGA. Bond yields surged as a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The Nasdaq composite fell 4.2%. Nvidia and Broadcom were among the heaviest weights on the market.
For more information on this research see: State sanctions may not affect Medicaid managed care. The American Journal of Managed Care, 2026; 32: 302-304. The American Journal of Managed Care can be contacted at: Managed Care& Healthcare Communications Llc, 666 Plainsboro Rd, Ste 300, Plainsboro, NJ 08536, USA. The news correspondents report that additional…
Indiana hospitals are reporting a double-digit increase in the percentage of emergency department visits since the start of 2025— a rate that is expected to climb as more Hoosiers go without health insurance or opt for high-deductible plans to offset surging premiums. Another 400,000 Hoosiers are no longer covered by Medicaid since the Indiana Family and…
A press release from Norwalk Public Schools stated that union's desire to remain enrolled in its current plan would result in a budgetary shortfall for the school district. "Now that the vote has occurred, we will work with the Board of Education and the city to discuss a special appropriation to ensure that contractual employee healthcare obligations are…
As California "s healthcare budget feels the squeeze, advocates have expressed concern that Medi-Cal recipients and county residents who rely on public hospitals could face diminished access to healthcare services and increased wait times. Medicaid, which is known as Medi-Cal in California, provides health insurance to low-income and disabled…
The University of California Health system and Cigna must reach a new contract in the coming weeks, or risk coverage for a large group of Sacramento- area patients. UC Davis Health said it is requesting reasonable payment hikes to cover the hospital system’ s rising costs. UC Davis Health said in a notice to patients in April that the system was seeking higher…
AM Best has upgraded the Long-Term Issuer Credit Rating to“ bb+” from“ bb” and affirmed the Financial Strength Rating of B of National Security Fire and Casualty Company. AM Best also has upgraded the Long-Term ICR to“ bb+” from“ bb” and affirmed the FSR of B of National Security Insurance Company. In addition, AM Best has upgraded the FSR to B from B- and the Long-Term ICR to“ bb”…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Aetna Life Insurance Company and the other members of Aetna Health& Life Group, which are operating entities of Aetna Inc. and wholly owned subsidiaries of its ultimate parent, CVS Health Corporation. Allina Health is a joint venture subsidiary of Aetna.
Bond yields surged as a strong jobs report boosted expectations that the Federal Reserve will be forced to hike interest rates at some point this year. The Nasdaq composite fell 4.2%. Nvidia and Broadcom were among the heaviest weights on the market. The Labor Department reported that employers added 172,000 jobs in May, roughly double what forecasters had…
The National Oceanic and Atmospheric Administration is forecasting a below-normal season with a total of 8-14 named storms. Now is the time to strengthen your property to reduce potential damage and check your insurance coverage to make sure you are financially prepared if a storm damages your property, according to the American Property Casualty…
AM Best has assigned a Long-Term Issue Credit Rating of“ aa” to the recently announced $1.25 billion, 6.05% surplus notes, due 2056, issued by The Northwestern Mutual Life Insurance Company. The outlook assigned to the Credit Rating is stable. The proceeds from the surplus notes offering will be used for general corporate purposes.
But those waiting on lower interest rates to buy a home will likely have to keep waiting, said Bryan Cutsinger, a professor of economics at Florida Atlantic University’ s College of Business. The strong jobs data, combined with higher-than-ideal inflation, means the Federal Reserve is highly likely to hold interest rates at its next meeting on June 17.
