—Millions of people with private health insurance would be able to pick up over-the-counter methods like condoms, the“ morning after” pill and birth control pills for free under a new rule the White House proposed on Monday. The proposal comes days before Election Day, as Vice President Kamala Harris affixes her presidential campaign to a promise of expanding…
Alton, IL First Mid Bank& Trust, a trusted partner in local business development, is proud to announce that two of its valued small business customers, both located in Alton, IL, have each been awarded a $15,000 community grant from the Federal Home Loan Bank of Chicago. FHLBank Chicago offers grants of up to $30,000 to eligible small businesses to advance economic…
Credit card balances reached a record high of $1.14 trillion in Q2 of 2024, according to the Federal Reserve Bank of New York. Since 2021, the average credit card borrower's balance rose from $4,828 to $6,329. The Federal Reserve's recent 50- basis point cut to the federal funds rate and future rate cuts will likely pull credit card interest rates down.
An Oklahoma- based company using artificial intelligence "Minions" to streamline insurance claims has received $3 million in seed money with hopes of growth globally. Agentech, founded nearly a year ago by Robin Roberson of Oklahoma City and Alex Pezold of Tulsa, offers capabilities to tackle "the labor intensive, subjective and outdated claims process."
An Oklahoma- based company using artificial intelligence "Minions" to streamline insurance claims has received $3 million in seed money with hopes of growth globally. Agentech, founded nearly a year ago by Robin Roberson of Oklahoma City and Alex Pezold of Tulsa, offers capabilities to tackle "the labor intensive, subjective and outdated claims process."
One of the things that we're seeing is the energy content that these systems can retain is significantly greater than it used to be, "said John Dickson, president of Aon Edge Insurance Agency, which specializes in flood coverage. In the last 45 years, and adjusted for inflation, the National Oceanic and Atmospheric Administration has counted 396 weather…
Attorney General Anthony G. Brown has joined a coalition of 19 state attorneys general in filing an amicus brief urging a federal court to uphold the Department of Housing and Urban Development's Discriminatory Effects Rule. In response, Attorney General Brown and his colleagues argue that HUD's rule is essential to preventing housing discrimination and…
Pocatello’ s insurance provider, Idaho Counties Risk Management Program, or ICRMP, on Sept. 19 paid $1.6 million to the Utah- based law firm Christensen& Jensen to settle a lawsuit that was filed on behalf of former Pocatello resident Jake Lee Sheeler, 32, in federal court in July 2022, officials with ICRMP told the Idaho State Journal via email this week.
CARSON CITY– With Open Enrollment for health insurance beginning on Nov. 1, the Nevada Division of Insurance is pleased to inform Nevadans of the Plan Year 2025 health insurance rates and plans, now available for consumers to review on our website at healthrates.doi.nv.gov. For Plan Year 2025, Nevada consumers can choose from up to 185 plans in the individual…
The 67 million Americans eligible for Medicare make an important decision every October: Should they change their Medicare health insurance plans for the next calendar year? Medicare has many coverage options, with large and varying implications for people's health and finances, both as beneficiaries and taxpayers. The 2024 open enrollment period runs…
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled early Friday after CVS Health also said its third-quarter earnings will come in well below Wall Street expectations. CVS Health runs one of the nation's largest drugstore chains and a huge…
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled again Friday after CVS Health also warned of disappointing third-quarter earnings and said investors should not rely on guidance for that quarter that provided in August.
Former President Donald Trump has pledged to rescind unspent funds in Biden's landmark climate and health care bill and stop offshore wind development if he returns to the White House. The U.S. government's road safety agency is investigating Tesla's "Full Self-Driving" system after getting reports of crashes in low-visibility conditions, including one…
An estimated 10,000 New Hampshire seniors got that unsettling message in letters sent out earlier this month by Harvard Pilgrim Health Care, the company that currently covers them under Medicare Advantage plans. Based on data from the Centers for Medicare& Medicaid Services for 2022-2023, around 44,000 seniors in New Hampshire— more than half of the state's…
CVS Health CEO Lynch steps down. CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Lynch will be replaced by veteran CVS Health executive David Joyner, who will attempt to steer the company through rising costs to its health insurance business, slumping drugstore sales…
Oct. 17— Oklahoma Insurance Commissioner Glen Mulready's office is reminding Oklahomans the Health Insurance Marketplace in Oklahoma is about to open for the 2025 coverage year. —Starting Nov. 1, people can explore the various health insurance options available through the Marketplace in Oklahoma to find a plan that suits specific needs and budget.
And the same is true about which party controlled Congress. While it might be an overstatement to say that decisions made in Washington have no effect on the markets, it's not always so easy to draw a direct line between what happens there and how the markets perform. For example, the Federal Reserve, which controls short-term interest rates, can certainly affect…
2024 OCT 18– By a News Reporter-Staff News Editor at Insurance Daily News– A new study on agriculture is now available. Our news reporters obtained a quote from the research from Texas Health and Human Services Commission:“ The two-year program encouraged creativity and innovation in care for Medicaid recipients through partnerships with managed care…
Health insurance prices in Colorado are set to climb again next year on the whole, but by a below-average amount, according to final, approved rates released Thursday. But, as is often the case in health insurance, that doesn't necessarily mean your insurance prices are going to go up for 2025. In fact, Thursday's rates apply only to a subset of people who have private…
