SACRAMENTO, CA., 9/ 10/ 2026— California regulators ordered Health Net to fix how it's handling the termination of assisted living services for low-income residents after the insurer's abrupt decision left patients and providers scrambling. The services are optional under Medi-Cal— California's version of Medicaid— meaning an insurer can decide annually…
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U.S. stocks ended down Thursday after producer price data for August and surging oil prices stoked worries the Federal Reserve will hike interest rates next week, while climbing Treasury yields made stocks less attractive. With supply routes through both the Strait of Hormuz and the Red Sea disrupted by the U.S.- Israeli war on Iran, Brent crude jumped 6% to $107 a…
Get Started 74% of retail CFD accounts lose money Read Review. This currency pair remained under pressure in early trade on Friday after the dollar gained ground following economic data showing producer prices increasing last month, raising expectations that the Federal Reserve could raise interest rates next week. Interest rate expectations between the…
WASHINGTON- The White House said on Thursday it will send $500 to nearly one million Americans in 30 states who are enrolled in Obamacare health insurance plans, payments it described as refunds for overcharges. Health insurers who offer plans under the ACA on Healthcare.gov pay the government a user fee to sell plans on the federal exchange, set annually by the…
The Bureau of Labor Statistics said the Producer Price Index, or PPI, rose 5.4% for the year ending in August. Turmoil in the Middle East pushed oil prices above $100 per barrel this week, and the average U.S. cost of diesel fuel is hitting all-time highs. Steve Hanke, a professor of applied economics at Johns Hopkins University, said the elevated PPI level did not…
Commissioners will meet at 9 a.m. in Room 201 of the Johnson County Courthouse, 2 N. Main St. in Cleburne. The proposed tax rate— 41.7 cents per $100 of property valuation— represents an increase over the current rate of 38.9 cents per $100. “Other banner items that led to the came about because our health insurance coverage costs are going to increase by about $2 million…
—U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away. Federal Reserve Chair Kevin Warsh and other Fed officials have signaled they would need to see continuing disinflation…
A quarter million Washingtonians who get their insurance through the state's exchange under the Affordable Care Act face another year of double-digit rate increases. Health insurance rates will rise an average of 22.2% starting Jan. 1, Insurance Commissioner Patty Kuderer announced Wednesday. This comes after thousands dropped coverage due to the…
The state insurance commissioner on Wednesday approved a 22.2% average rate increase for individual health plans in 2027— an announcement that set off alarm bells from consumer advocates and policymakers over the ballooning cost of coverage. “Families shouldn’ t experience sticker shock every year when shopping for health insurance, Commissioner Patty…
More than half of California voters haven’ t decided which of the two Democrats they’ ll back for insurance commissioner, according to a poll conducted late last month. The poll by Probolsky Research found Republicans are especially uncertain about the race, with nearly 83% saying they’ re not sure whether they’ ll vote for state Sen. Ben Allen, D- Santa Monica, or…
By Julia Doherty and Lisa Annunziata. As nurses at Boston Medical Center, we care deeply about the hospital's mission of providing exceptional care for all. Boston Medical Center has the busiest emergency room in New England, with a Level 1 trauma center that treats the most severe, life-threatening injuries.
Indiana Farm Bureau Insurance is preparing for its next summer internship program, providing 20 paid internship opportunities in many areas of the business, including claims, underwriting, information technology and actuarial departments. Candidates best suited for the program are undergraduates with ties to Indiana, including those attending school…
2026 SEP 10– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting originating from Washington, District of Columbia, by NewsRx correspondents, research stated,“ This study evaluates Howard University College of Dentistry’ s Pediatric Dentistry Postdoctoral Program and…
Volunteers of America Texas will host informational sessions about the Home Improvement& Preservation Program from 10 a.m. to noon at the Glendale Shopping Center on Saturday, Sept. 12. To qualify, residents must own and live in a home located in the City of Dallas, have homeowners insurance and be current on their mortgage and property taxes.
OMAHA– An Omaha lawyer who served as a public defender in five Northwest Iowa counties was sentenced to federal prison Thursday for health care fraud. Wigington, 49, pleaded guilty in June in U.S. District Court in Omaha to one count of health care fraud for submitting fraudulent claims to Nebraska Medicaid and other insurers from 2017-2023. She operated an…
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of“ bb+” to Multiseguros S.U., S.A.. Partially offsetting these positive rating factors are Multiseguros’ relatively small volume of business within the Dominican Republic’s highly competitive insurance industry, its elevated underwriting leverage and tail risk.
Anderson has spent decades diligently working on behalf of victims of clergy abuse in the Catholic Church. He recently announced that U.S. Fire Insurance Company, after years of delay and denial, agreed to pay $30 million to some 145 survivors of abuse in the Diocese of Winona-Rochester. The coach’ s game-day routine has him coming off like the high school drama…
President Trump Thursday promised to send $500 rebate checks to an estimated 1 million enrollees in Affordable Care Act health insurance plans, who he says were overcharged when former President Joe Biden was in the White House. New York isn "t among the 30 states where enrollees may receive the rebates, most of which are in the Midwest and South.
DES MOINES— The future of private management of Iowa's $7 billion Medicaid program hinges on which candidate voters choose to become the state's next governor this fall. Terry Branstad, a Republican, issued an executive order that contracted the management of Iowa's Medicaid program to private companies that are known as Managed Care Organizations, or MCOs.
