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Bank of England cuts key interest rate from 4% to 3.75%

December 18, 2025

—The Bank of England on Thursday cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease. The move came a day after the Office for National Statistics reported that consumer price inflation slowed to 3.2% in the 12 months through November, from 3.6% a month earlier.

Lara seeks to fulfill insurance company wishes

December 18, 2025

As he prepares for his last year in office, California Insurance Commissioner Ricardo Lara is going all out to make it easier for insurance companies to fulfill their wishes, doing their bidding as he usually has during seven years as the state’ s insurance boss. He’ s now under investigation by the state Fair Political Practices Commission for accepting help…

My prescription costs what?!

December 18, 2025

Even when Americans have health insurance, they can have a hard time affording the drugs they've been prescribed. About 1 in 5 U.S. adults skip filling a prescription due to its cost at least once a year, according to KFF, a health research organization. If there is a copay, it should be low— probably less than $5.

Cloudy weather ahead for home buyers seeking affordability

December 18, 2025

On Dec. 11 the Federal Reserve Board lowered its benchmark lending rate a quarter of 1 percentage point to a range of 3.5% to 3.75%- the lowest rate in nearly three years. ·Inflation: Accurate economic data evaporated during the record 43- day federal government shutdown in October and November which pitted angry sullen Democrats against Republicans.

WITH NONECONOMIC-DAMAGE CAPS LIFTED, MEDICAL LIABILITY RATES JUMP

December 18, 2025

The following information was released by the American Medical Association:. Researchers detail what happened in Illinois and Georgia after their state courts knocked down limits on noneconomic damages in med-mal cases. In what's believed to be a first-of-its-kind study, researchers discovered "large and persistent increases in malpractice insurance…

Youngstown Attorney Indefinitely Suspended for Insurance Fraud

December 18, 2025

The Supreme Court of Ohio today indefinitely suspended a Youngstown lawyer who was convicted of insurance fraud for falsely inflating $859,464 worth of client medical bills when submitting claims. A Supreme Court majority did not grant him any credit for time served under the interim suspension. By not granting any credit, Fusco will be suspended for more…

Automobile theft cost us all, puts upward pressure on insurance premiums

December 18, 2025

Motorists who have comprehensive, or "other-than-collision," insurance on their automobiles can generally rest assured that their cars will be covered if it is stolen. A Coalition Against Insurance Fraud study estimates that all kinds of insurance fraud costs Americans $308.6 billion annually. Automobile thefts make up $7.4 billion of that total.

Nebraska to be the first state to implement work requirements for Medicaid coverage

December 18, 2025

LINCOLN— Nebraska will be the first state to implement new work reporting requirements to receive Medicaid, beating a deadline for states in the One Big Beautiful Bill Act by eight months. Jim Pillen announced Nebraska's early participation in the federal changes at a press conference Monday with Dr. Mehmet Oz, the administrator of the Centers for Medicare and…

Affordable health coverage remains available for Texans

December 18, 2025

But even as premiums increase for the 2026 plan year, millions of Texans will still be able to find free or low-cost plans on the ACA Health Insurance Marketplace. Most Texans buying coverage through the Marketplace have incomes below 200 percent of the federal poverty level, which equates to an annual income of about $30,000 for an individual or about $62,000…

How to appeal a Medicare coverage denial SAVVY SENIOR: How to appeal a Medicare coverage denial (copy)

December 18, 2025

What steps do I need to take to appeal a denied Medicare claim? If you disagree with a coverage or payment decision made by Medicare, you can appeal, and you'll be happy to know that many appeals are successful, so it's definitely worth your time. But before going that route, talk to the doctor, hospital and Medicare to see if you can spot the problem and resubmit the…

Nebraska will enact Medicaid work rules Nebraska to be the first state to implement work requirements for Medicaid coverage

December 18, 2025

LINCOLN- Nebraska will be the first state to implement new work reporting requirements to receive Medicaid, beating a deadline for states in the One Big Beautiful Bill Act by eight months. Jim Pillen announced Nebraska's early participation in the federal changes at a press conference Monday with Dr. Mehmet Oz, administrator of the Centers for Medicare&…

RECENT CHANGES IN FEDERAL VACCINE RECOMMENDATIONS: WHAT'S THE IMPACT ON INSURANCE COVERAGE?

December 18, 2025

The following information was released by the Henry J. Kaiser Family Foundation:. Specifically, under the auspices of Secretary Kennedy, who has long questioned the safety and efficacy of vaccines and stated his intention to review vaccine schedules, the CDC' s Advisory Committee on Immunization Practices has recommended changes to seven vaccine usage…

SUCCESSFUL NAIC FALL NATIONAL MEETING CONTINUES PROGRESS TO 'SECURE TOMORROW'

December 18, 2025

The following information was released by the National Association of Insurance Commissioners:. Last week, the National Association of Insurance Commissioners' 2025 Fall National Meeting showcased the collaboration and coordination at the heart of the U.S. state-based insurance regulatory system. On Dec. 10, the Task Force adopted the principles…

AFP SUPPORTS THE LOWER HEALTH CARE PREMIUMS FOR ALL AMERICANS ACT, URGES CONTINUED FOCUS ON PATIENTS

December 18, 2025

The following information was released by Americans for Prosperity:. "This legislation takes a solid first step in the right direction by reducing health insurance premiums and empowering consumers rather than insurers," said Dean Clancy, AFP Senior Health Policy Fellow at Americans for Prosperity. "Voters are tired of Washington doubling down on failed…

STATE HOUSE ADVANCES BENNINGHOFF LEGISLATION TO ADDRESS ALLEGED LAPSES IN AUTO INSURANCE

December 18, 2025

The following information was released by Pennsylvania House of Representatives, Republican Caucus:. The House has unanimously passed legislation authored by state Rep. Kerry Benninghoff that would make government more efficient for consumers who attempt to change auto insurance carriers.

ICYMI: WISCONSIN DEMOCRATS, MAIN STREET ACTION HOLD PRESS CONFERENCE TO ADDRESS THE HEALTH CARE CRISIS AS ACA OPEN ENROLLMENT FOR JANUARY 1ST COVERAGE CLOSES

December 18, 2025

Today, Senate Democratic Leader Dianne Hesselbein, Assembly Democratic Leader Greta Neubauer, and WisDems Chair Devin Remiker joined small business owners from Main Street Action to address the impacts of the GOP's ACA cuts and Tom Tiffany's health care record. Right now, Republican politicians in D.C. like Tom Tiffany are creating a health care crisis and…

DOWNING BILL TO PROVIDE REGULATORY CLARITY FOR THE FIXED-INCOME MARKET TAKES NEXT STEP TOWARD BECOMING LAW

December 18, 2025

The Protecting Private Job Creators Act exempts fixed-income securities from Securities and Exchange Commission Rule 15 c2-11. The SEC adopted Rule 15 c2-11 to protect investors from fraud in the over-the-counter market. In a 2021 no-action letter, SEC staff explained that they intended to begin enforcing the Rule in fixed-income markets, a reversal of 50…

RICKETTS RECAPS 2025, A YEAR OF DELIVERING WINS FOR NEBRASKANS

December 18, 2025

The following information was released by Nebraska Senator Pete Ricketts:. We passed the Working Families Tax Cut, which delivered big wins for Nebraska families. This avoided a $2,400 tax increase on the average Nebraska family, "said Ricketts.

CONGRESSMAN TIM MOORE VOTES TO PASS THE LOWER HEALTH CARE PREMIUMS FOR ALL AMERICANS ACT

December 18, 2025

Today, Congressman Tim Moore voted to pass the Lower Health Care Premiums for All Americans Act, legislation with targeted reforms to lower premium costs for all Americans, expand access, and restore integrity to America's health care system. "For years, Democrats have poured billions of taxpayer dollars into subsidies that pad the profits of big insurance…

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