A state Senate committee advanced a bill Thursday that would limit the fees hospitals can charge Medicaid for outpatient care. The proposal is a narrower version of a provision included in a sweeping bill the Senate passed last year aimed at reducing healthcare costs. The Senate initially wanted to curb facility fees for other kinds of insurance, in addition…
Newswires
California's "jungle" primary system places all candidates who qualify to run for a single statewide office on the same ballot. Last year, a massive fire clawed its way through more than 250,000 acres in Los Angeles County, killing at least 31 people and destroying more than 16,000 homes. Elected to head the California Department of Insurance, which oversees…
Mike Baker often calls up a dashboard on his computer and sees nothing but green gauges: No big customer service problems evident. Then the chief operating officer walks down the hall at UnitedHealthcare's Minnetonka, Minnesota, headquarters and finds all sorts of red: trouble spots highlighted on a wall of screens wider than two cars and taller than a…
WASHINGTON- Federal Reserve officials who dissented against this week's policy statement said Friday the developing oil price shock from the war in Iran means the U.S. central bank should be clear it can no longer lean toward interest rate cuts, with a rise in borrowing costs possible in the future. Minneapolis Fed President Neel Kashkari said he felt a…
NASHVILLE, Tenn.— The Tennessee General Assembly approved legislation to expand step therapy exemptions, a process in which insurance companies require a patient to try a lower-cost medication before approving a higher-cost medication. Rebecca Alexander sponsored House Bill 1956, which would expand a 2025 law that "prohibits health insurers from…
Oh, the bears tried, but equities managed another up week of record highs even as oil prices surpassed $100/ bbl. Big tech certainly delivered, sending markets higher on a day when oil hit $108/ bbl. On Wednesday, Jerome Powell, the outgoing Chair-man of the Federal Reserve, first announced that "nothing done" regarding interest rates.
Ann Moran Heiss, age 96, of Danvers and formerly of Dalton and Pittsfield, Massachusetts, passed away peacefully on April 27, 2026. They were married in 1954, lived briefly in Detroit, Michigan, and then settled in the Berkshires when Everett began his career with Berkshire Life Insurance Company in Pittsfield. They raised their three children in nearby Dalton…
Millions of Americans appear to be dropping Obamacare coverage in the months since Congress failed to extend the generous subsidies that had become a defining feature of the Affordable Care Act. Initial sign- ups had already fallen by about 1.2 million people. Though healthcare has faded somewhat as a priority for the Republican-controlled Congress since…
COLUMBIA— South Carolinians' cost for replacing cracked or broken windshields could change with legislation advancing in the Statehouse. As long as they have comprehensive coverage, South Carolina drivers don't pay out of pocket for windshield replacements. Still, there is no "free" glass coverage in South Carolina.
A state Senate committee advanced a bill Thursday that would limit the fees hospitals can charge Medicaid for outpatient care. The proposal is a narrower version of a provision included in a sweeping bill the Senate passed last year aimed at reducing healthcare costs. The Senate initially wanted to curb facility fees for other kinds of insurance, in addition…
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of“ a” of Auto Club Insurance Association and its wholly owned subsidiaries and affiliates, which are collectively referred to as Auto Club Group. Concurrently, AM Best has affirmed the FSR of A- and the Long-Term ICRs of“…
2026 APR 01– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– A new study on Economics is now available. Rather than rely on a single organization to set monetary policy and oversee banks, Congress created a multiplicity of bodies including twelve Federal Reserve Banks, each designed to operate in a different part of the country.”.
American Club benefits from its membership in the International Group of Protection& Indemnity Club’ s pooling agreement and shared reinsurance program, which allows it to provide the large insurance cover limits required by ship owners. At year-end 2025, American Club reported an overall surplus of USD 65.5 million primarily driven by healthy investment…
Powell said Wednesday that he will remain on the Fed board for an undetermined amount of time after Kevin Warsh takes over as chair given the various legal threats he believes the bank still faces. "The decision that Powell will make on whether to remain on the board will shape the early term of Kevin Warsh, who appears likely to receive confirmation as Powell's…
2026 APR 01– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Drugs and Therapies- Managed Care and Specialty Pharmacy. Financial support for this research came from University of Utah ReImagine EHR initiative. Our news journalists obtained a quote from the research from the University of Utah,“ To quantify…
2026 APR 01– By a News Reporter-Staff News Editor at Insurance Daily News– Researchers detail new data in Health and Medicine- Public Health. According to news reporting originating in New Orleans, Louisiana, by NewsRx journalists, research stated,“ The Center for Evidence to Practice at Louisiana State University Health Sciences School of Public Health is…
2026 APR 01– By a News Reporter-Staff News Editor at Insurance Daily News– URBANA, Ill.- Conservation tillage practices, such as no-till and reduced till, are critical for sustainable agriculture, and they are gradually becoming popular with farmers across the Midwest. Monitoring tillage usage can provide insights into soil health, water levels, and nutrient…
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of“ aa” of the members of The Progressive Corporation. Concurrently, AM Best has affirmed the FSR of A and the Long-Term ICRs of“ a+” of Protective Insurance Company and its wholly owned subsidiaries, collectively known as Protective Insurance Corporation Group.
The experiment station is the research arm of the University of Arkansas Division of Agriculture. "Crop insurance, ARC-CO versus PLC, production costs, cash rent and post-harvest marketing are usually discussed separately. ARC-CO, or Agriculture Risk Coverage, and PLC, or Price Loss Coverage, are types of insurance administered by the Farm Service Agency of the…
