SUMMARY: This notice announces our proposal to renew the Medicare Advantage “deeming authority” of the Utilization Review Accreditation Commission for Health Maintenance Organizations and Preferred Provider Organizations for a term of 6 years. This new term of approval would begin May 26, 2012 and end May 25, 2018. DATES: To be assured consideration,…
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Medicare and Medicaid Programs; Renewal of Deeming Authority of the Accreditation Association for Ambulatory Health Care, Inc. for Medicare Advantage Health Maintenance Organizations and Local Preferred Provider Organizations. SUMMARY: This notice announces our proposal to renew the Medicare Advantage “deeming authority” of the Accreditation…
March 30– The Delaware River Port Authority has wasted millions of dollars of toll payers’ money through mismanagement and political cronyism, the New Jersey state comptroller said in a report issued Thursday. Boxer also exposed an insurance payback deal allegedly orchestrated by George E. Norcross III, the South Jersey insurance executive and Democratic…
In addition, A.M. Best has upgraded the FSR to A from A- and the ICR to“ a” from“ a-” for Securian Casualty Company. Concurrently, A.M. Best has removed from under review with negative implications and affirmed the FSRs of A- and the ICRs of“ a-” of Balboa Life Insurance Company and Balboa Life Insurance Company of New York. A.M. Best notes that the group’ s exposure to certain…
I am pleased to be here today to discuss our work on the Department of Housing and Urban Development’s Federal Housing Administration and Government National Mortgage Association. FHA has helped millions of families purchase homes through its single-family mortgage insurance programs and insures almost all of its single-family mortgages under the…
Congressman Walter B. Jones introduced legislation to correct a 30- year old federal mapping error that has wrongly prohibited a significant portion of North Topsail Beach homeowners from accessing the National Flood Insurance Program. The bill- H.R. 4311- would replace the existing incorrect Coastal Barrier Resources Act map for North Topsail Beach with…
District Judge William N. Nickerson sentenced James Kevin Hughes, age 53, of Crownsville, Maryland today to 18 months in prison followed by three years of supervised release for wire fraud arising from a scheme to defraud lenders and a title insurance company of approximately $3.1 million. Judge Nickerson also ordered Hughes to perform 300 hours of community…
We currently own seven rentable parcels of real property, four of which are leased to the City of New York, two of which are leased to commercial tenants, and one of which a portion is leased to a commercial tenant and the portion that was used by one of our subsidiaries is available for lease. In addition, we owned a group of outdoor maintenance businesses, an…
Los Angeles, CA March 30, 2012. ACO Reinsurance is now available nationwide for Accountable Care Organizations. “We are very pleased to be involved at such an early stage of development of the ACO Pioneer Reinsurance program,” said Executive Vice President, Kathryn Bowen.“ We educate Accountable Care Organizations as to what their potential savings can be and…
March 30– Former Temple University physician and medical school assistant dean Joseph J. Kubacki was sentenced in federal court Thursday to more than seven years in prison after being convicted by a jury of defrauding Medicare, private insurers, and patients by filing false medical claims. District Judge Eduardo C. Robreno also ordered Kubacki to repay Temple…
Kanetix releases the raw statistics behind an in-depth study of distracted driving habits in Canada. The findings detail the levels of distracted driving, as well as the conscious bad driving habits of motorists on Canadian roadways. About Kanetix ® Launched in October 1999, Kanetix was Canada’s first online insurance marketplace and today provides over a…
March 30– RIO GRANDE CITY– Two local business owners say they can help move the city forward if they are elected to the city commission. Dave “Chachi” Jones, a private investigator who owns a bail bonds company, is running against Juan “Andy” Hernandez, a home healthcare nurse and business owner, for the Place 4 Rio Grande City Commission seat. That seat will be left vacant…
Health Alliance Medical Plans, a prominent provider-sponsored health insurer in the Midwest, has signed an agreement with McKesson renewing its license for several care management solutions while adding McKesson Analytics Advisor (TM). Established in 1980 and headquartered in Urbana, Illinois, Health Alliance administers health plans for more than…
Melani, who was suspended without pay, has served as Highmark’s public face since becoming chief executive officer in 2003.. Following emergency meetings by Highmark’s board, the insurer announced last night that J. Robert Baum, a University of Maryland professor and Highmark’s board chairman since 2005, was named interim CEO. The board is fully committed to…
A.M. Best Co. has downgraded the issuer credit ratings to “a” from “a+” and affirmed the financial strength rating of A of Central Insurance Companies and its member companies, Central Mutual Insurance Company, All America Insurance Company and CMI Lloyds. The outlook for all ratings is stable. The methodology used in determining these ratings is Best’s Credit…
Conning, a provider of asset management services, risk and capital management solutions, and research to the insurance industry, announced several enhancements in the latest release of its ADVISE 5.6 Advanced Stochastic Modeling and GEMS 5.6 Economic Scenario Generator Platform. According to a release, Version 5.6 provides clients with enhanced next…
March 29– Board directors at health insurer Highmark Inc. will meet at 5:30 p.m. to pick an interim replacement for CEO Dr. Highmark’s board of directors and senior leadership team remain committed to our mission, business strategies and the communities we serve, and the company continues to move forward with day-to-day operations. ” “We have to explore what we…
March 29– The Delaware River Port Authority has wasted millions of dollars of toll payers’ money through mismanagement and political cronyism, the New Jersey state comptroller said in a damning report issued Thursday. Boxer also exposed an insurance payback deal allegedly orchestrated by George E. Norcross III, the South Jersey insurance executive and…
Tallahassee, FL – March 29, 2012 – With a passion for education and commitment to excellence, Dr. William T. Hold…
