The legislation, dubbed the Kansas Consumer Prescription Protection and Accountability Act, passed the House 104-17 with strong bipartisan support over the opposition of Speaker Dan Hawkins, a Wichita Republican who is running for state insurance commissioner. According to federal regulators, the three largest PBMs in the U.S.— CVS Caremark, Express…
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—The jump in gas prices stemming from the war in Iran has had another impact that may also affect many Americans' finances: Higher interest rates. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in an interview with The Associated Press Monday that if inflation were to rise while the unemployment rate remained stable, and Americans showed…
For years, Florida journalists have done the job that the state’ s so-called insurance“ regulators” have not— trying to reveal what "s really going on with Florida" s insurance industry. 1) Many homeowners involuntarily became customers of start-up companies without proven track records, thanks to the state "s decision to offload customers of the state-run…
Traditional homeowners’ and renters’ insurance policies that are not accompanied by separate flood insurance would not cover claims for damage or destruction caused by floodwaters that came“ from the ground up,” said Sam Thomsen, investigations branch chief for the state Department of Commerce and Consumer Affairs. Homeowners could be compensated for…
As Tax Day approaches, Americans are increasingly worried about the effect of taxes on their long-term finances in retirement, according to the Q1 2026 Quarterly Market Perceptions Study* from the Allianz Center for the Future of Retirement, part of Allianz Life Insurance Company of North America. The increase is largely driven by Generation X. More than three…
MONONGAH— Last year, headlines announcing proposed cuts to programs such as Head Start made Allysen Rinker nervous. Rinker, whose child is on the Autism Spectrum, receives Supplemental Nutrition Assistance Program and got her health insurance through the Affordable Care Act when she had a seizure. So, it was in a combative mood Rinker found herself at the…
Former Nodus Bank CEO pleads guilty to a $24M fraud scheme, exposing a shocking abuse of power and leading to the bank’s collapse.
TALLAHASSEE, Fla.— A Florida man was arrested after a $1 million workers' compensation fraud scheme, CFO Blaise Ingoglia announced. Jacques G. Denomme, from Martin County, was arrested by the Department of Financial Services Criminal Investigations Division after he allegedly tried to avoid paying higher workers' compensation premiums by hiding payroll…
He faces fraud charges the FBI says reflects his importance to cybercriminals. Sellix mainly hosted vendors selling cybercrime products, including denial-of-service attack services, hacking tools, stolen login credentials and copyright-infringing streaming sites, according to the affidavit from FBI Special Agent Ryan Rogers, who investigates…
When someone is sick in this country, they don't ask for a politician. They ask for a doctor, a nurse, or a therapist— a front line health care worker. And millions of Americans are seeing their health insurance premiums spike because Congress failed to extend the enhanced Affordable Care Act tax credits.
Lincoln Financial has been recognized by industry peers at the 2026 Intercompany Long-Term Care Insurance Conference for its longstanding leadership and innovation in the hybrid life/long-term care insurance market. “Being recognized at ILTCI is a meaningful honor and a reflection of the deep responsibility we feel to the families who rely on long-term…
The U.S. government has officially signed off on changes to New York's no-cost health-insurance option for low-income residents, though nearly 500,000 state residents are still expected to lose their benefits. Kathy Hochul announced last week the Centers for Medicare& Medicaid Services approved the state's plan to preserve health insurance for 1.3…
Voya Financial, Inc. today announced that the full administration of Leave, Paid Family and Medical Leave and Short-Term Disability claims has been brought in house for new business effective Jan. 1, 2026. This approach enables Voya to provide a comprehensive claims process that seamlessly integrates across all coverages, including Voya-offered…
The Economist ran a memorable front-page cover in 2006 when Ben Bernanke replaced Alan Greenspan as Federal Reserve Chairman. In May, subject to Senate confirmation, Kevin Warsh is set to replace Jerome Powell as the Fed's chairman. According to the Congressional Budget Office, our government is set to run budget deficits of at least $2 trillion, or 6% of GDP,…
Much as expected, the Federal Reserve left its policy rate unchanged last week, stressing new uncertainties in the economic outlook and the limits of monetary policy in managing them. This was the right call: If ever there was a time for a central bank to wait and see before altering interest rates, it's now. Accordingly, the Fed's new economic projections, closely…
DES MOINES— A temporary tax increase on some health insurers advanced by Iowa lawmakers would ultimately raise health care costs for employers and families already struggling with rising premiums, insurance industry officials and business advocates warned, arguing the burden will be passed directly on to consumers. The Iowa House approved the proposal…
Russell Anthony made eight trips to the dentist last year. In all, Anthony— uncle of HealthQ host Cara Anthony— expects to pay about $2,000 for dental care this year, even though he has dental insurance. In fact, 1 in 4 adults with dental insurance reported costs as a barrier to care, according to a 2023 survey by KFF, a health information nonprofit that includes KFF…
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Elizabeth Hinton, Jada Raphael, and Abby Sachar. Managed care is the dominant delivery system for people enrolled in Medicaid.
The following information was released by Public Citizen:. In a letter to Virginia Insurance Commissioner Scott A. White, who currently serves as president of the National Association of Insurance Commissioners, the groups called for the publication of the data necessary to evaluate the full scale of the crisis plaguing insurance markets across the country.
