Dear Savvy Senior, My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. National median average costs for nursing home care today is over $100,000 a year, according to the Genworth Cost of Care survey. Assisted living facilities and home care…
Newswires
The price tag of health insurance from employers keeps getting bigger across the U.S., and the increases this year are fueling concerns over medical spending across all health insurance markets. The average annual premium for family health insurance rose about 6% this year to nearly $27,000, according to widely watched survey results released Wednesday by…
In this edition of AcademyHealth's Situation Report, we examine growing uncertainty in federal health policy as Congress stalls on extending enhanced ACA subsidies, leaving states and insurers scrambling just days before open enrollment. Finally, we highlight various AcademyHealth offerings, including a timely opportunity to strengthen your…
Susan Collins joined Donald Trump at the White House today "to celebrate" Washington Republicans' "unity in the government shutdown fight and for passing nominees." REMINDER: If the Collins and Republicans have their way and ACA tax credits are not extended, on average premiums for those on Maine's health insurance marketplace could nearly double and they'll be…
My husband and I have been thinking about getting a long-term care insurance policy, but we hate the idea of paying expensive monthly premiums for a policy we may never use. National median average costs for nursing home care today is over $100,000 a year, according to the Genworth Cost of Care survey. Assisted living facilities and home care aides average more…
NJ 6th District Congressman's bill would stabilize FEMA's National Flood Insurance Program, which remains frozen during Republican shutdown. WASHINGTON, D.C. Congressman Frank Pallone, Jr., Ranking Member of the House Energy and Commerce Committee, said the Republican government shutdown underscores the urgent need for his new National Flood Insurance…
The following information was released by Illinois Senator Richard J. Durbin:. Durbin slammed congressional Republicans' decision to remain on vacation and picnic at the White House as Americans face rising health insurance premiums. WASHINGTON U.S. Senate Democratic Whip Dick Durbin today delivered a speech on the Senate floor criticizing congressional…
GREENEVILLE, Tenn.— Ballad Health has filed a federal lawsuit against UnitedHealth Group, one of the nation's largest health insurers, alleging the company has systematically denied, delayed or underpaid for medically necessary care while inflating federal reimbursements through the Medicare Advantage program. Filed in U.S. District Court in Greeneville,…
Across Bonner and Boundary counties, Medicare Advantage offerings are shrinking by more than 50%, going from 37 plans in 2025 to 14 in 2026. Colleen Clark, program supervisor for the Idaho Department of Insurance's Senior Health Insurance Benefits Advisors, said that the nationwide issue is due to the rising cost of healthcare and federal regulations.
When Sydney was very ill and didn't have health insurance during the COVID-19 pandemic, she avoided going to the hospital because she couldn't afford the medical bills, a difficult decision that could have cost her life as well as her business. Fortunately, Sydney was later able to enroll in Connect for Health Colorado— our state's Affordable Care Act…
Rural Oregonians have fewer Medicare options than their urban counterparts. No, I'm not talking about back-to-school season, holiday season or fall leaves. In Oregon— as in many other states— the quality of your health insurance coverage may change from this year to next.
Oct. 21— OLYMPIA— Washingtonians could face a significant increase in their health insurance premiums as the Enhanced Premium Tax Credit, ePTC, is set to expire at the end of 2025, unless action is taken by Congress. The Affordable Care Act's ePTC helped around 216,000 Washingtonians by decreasing enrollees' average annual premium costs, according to…
Congress established the Federal Reserve to manage our money with near-parental authority, and it’ s high time for the institution to exercise that authority. Unfortunately, the president and Congress are making the Fed’ s job virtually undoable. Additional liquidity should pull down the 10- year Treasury rate, which powerfully influences the rates charged…
2025 OCT 21– By a News Reporter-Staff News Editor at NewsRx Drug Daily– COLUMBUS, Ohio- A new study offers a glimpse at how direct-to-consumer pharmacy pricing could one day present stiff competition to the private prescription drug insurance model, researchers say. A team led by researchers at The Ohio State University compared the annual out-of-pocket and…
2025 OCT 21– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EMPOWER READY SELECT” by Rachel A. Rice, representing Empower Annuity Insurance Company of America. This application was made available to the public on October…
2025 OCT 21– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Drugs and Therapies- Cell Therapy is the subject of a report. According to news reporting originating in Los Angeles, California, by NewsRx journalists, research stated,“ Regenerative therapies are being studied for use in several orthopedic conditions, but as these…
2025 OCT 21– By a News Reporter-Staff News Editor at Insurance Daily News– New research on Managed Care is the subject of a report. According to news reporting out of Boston, Massachusetts, by NewsRx editors, research stated,“ Difference-in-differences is a popular observational causal inference method in health policy, employed to evaluate the real-world…
2025 OCT 21– By a News Reporter-Staff News Editor at CDC& FDA Daily– Investigators publish new report on Economics- Economics and Statistics. Our news journalists obtained a quote from the research from the Federal Reserve Bank of Kansas City,“ Second, better anchored inflation expectations weaken the relationship between unemployment and inflation,…
AM Best has revised the implications of the under-review status to developing from negative for the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of“ bbb” of PacificSource Health Plans. The company received capital support of $25 million from PacificSource, the holding company, with additional planned contributions in the second…
