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NEW LAW TO HELP MAINERS ACCESS HEALTH INSURANCE AND PRIMARY CARE TAKES EFFECT

September 26, 2025

Joe Baldacci, D-Bangor, went into effect after being passed by the Legislature earlier this year. LD 1310, "An Act to Amend the Laws Governing Insurance Coverage of Preventive and Primary Health Services," will increase access to zero deductible health plans and increase access to affordable health care. "Throughout the legislative process, the goal of this bill…

RETAILERS START TO SEE PENNY SHORTAGES THE FEDERAL RESERVE PUBLISHED FAQS ADDRESSING DISTRIBUTION ISSUES.

September 26, 2025

The Wall Street Journal reported in May that the Treasury Department would stop putting new pennies into circulation by early 2026. The final minting of pennies happened in June, and the Federal Reserve, which distributes the coins, made its last shipment to its coin distribution locations in August. This week, the Federal Reserve published a list of frequently…

ECONOMIC STAGNATION MAY BE OVER (IF WE CAN AVOID A RECESSION SOON)

September 26, 2025

The following information was released by the Cato Institute:. The Census Bureau recently released a massive amount of new data on Americans and the US economy, as they do each year with their "Income, Poverty, and Health Insurance Coverage in the United States" release. The latest data cover the year 2024 and contain a lot of good news about how Americans are faring.

KFF HEALTH NEWS: AI WILL SOON HAVE A SAY IN APPROVING OR DENYING MEDICARE TREATMENTS

September 26, 2025

The following information was released by the Alliance for Retired Americans:. It will affect Medicare patients, and the doctors and hospitals who care for them, in Arizona, Ohio, Oklahoma, New Jersey, Texas, and Washington, starting Jan. 1 and running through 2031.. And the timing was surprising: The pilot was announced in late June, just days after the Trump…

Best's Market Segment Report: MENA Reinsurance Capacity Remains Dynamic and Abundant Despite Testing Conditions

September 26, 2025

Market conditions present challenges and opportunities for reinsurers domiciled in the Middle East and North Africa region, according to a new AM Best report. In addition, please visit the AM Best TV event playlist for coverage of AM Best’ s reinsurance market briefing from Rendez-Vous de September in Monte Carlo and executive interviews during the…

PROSTATE CANCER AWARENESS MONTH GARNERS SUPPORT FOR BOOZMAN LEGISLATION EXPANDING COVERAGE FOR PROSTATE CANCER SCREENING

September 26, 2025

The following information was released by Arkansas Senator John Boozman:. September is Prostate Cancer Awareness Month, and U.S. Senator John Boozman is championing hisbipartisan legislation to expand insurance coverage for prostate cancer screenings amongmen at high risk for the disease. The Arkansas Prostate Cancer Foundation heartily supports the…

OPTIONS FOR MODERNIZING THE FOMC'S OPERATING TARGET INTEREST RATE

September 26, 2025

The Federal Open Market Committee primarily adjusts the stance of monetary policy through its target range for the federal funds rate. Each of the FOMCs post-meeting statements, for almost as long as the FOMC has issued post-meeting statements, has reported what the Committee decided about the fed funds target and how the Committee intended that action to…

DALLAS FED ENERGY SURVEY: ACTIVITY DECLINES SLIGHTLY, UNCERTAINTY REMAINS ELEVATED

September 26, 2025

The following information was released by the Federal Reserve Bank of Dallas:. Oil and gas activity decreased slightly in third quarter 2025, according to oil and gas executives responding to the Federal Reserve Bank of Dallas Energy Survey. The business activity indexthe surveys broadest measure of conditions facing Eleventh District energy firmscame…

OKLAHOMA CITY MAN WHO RAN NONPROFIT INDICTED FOR TWO COUNTS OF BANK FRAUD

September 26, 2025

The following information was released by the United States Attorney's Office for the Northern District of Oklahoma:. Oklahoma Heartland Heroes Foundation, in Bixby. The Office of the Inspector General for the Federal Reserve System is investigating the case.

Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks

September 26, 2025

These new taxes on imports could pass through to consumers in the form of higher prices and dampen hiring, a process that economic data suggests is already underway.“ We have begun to see goods prices showing through into higher inflation,” Federal Reserve Chair Jerome Powell warned in a recent news conference, adding that higher costs for goods account for“ most”…

Ex-Treasury, Fed leaders tell Supreme Court to let Cook stay at central bank during firing case

September 26, 2025

A " who' s who" of former economic officials urged the Supreme Court on Thursday to let Federal Reserve Governor Lisa Cook remain in her job while the courts decide whether President Trump fired her lawfully. Former Fed Chairmen Alan Greenspan, whose tenure spanned four administrations, and Ben Bernanke, who served under Presidents George W. Bush and Barack Obama,…

DB Insurance to Acquire U.S.-based Insurer Fortegra

September 25, 2025

SEOUL, South Korea& GREENWICH, Conn.& NEW YORK—- DB Insurance Co., Ltd., Tiptree Inc. and Warburg Pincus LLC announced today that the parties have signed an agreement for DB Insurance to acquire 100% of the outstanding shares of The Fortegra Group, Inc., a U.S.- based specialty insurer, for approximately $1.65 billion in cash from Tiptree and Warburg Pincus.

Democrats spotlight their demand for restored health insurance subsidies in budget stalemate

September 25, 2025

Adam Schiff held a news conference in Oceanside Thursday afternoon to draw attention to the condition Democrats have placed on a budget deal: restoration of the enhanced premium tax credits that help millions afford their monthly health insurance premiums. Congress faces a deadline of Sept. 30 to pass a new budget and avoid a government shutdown.

Lujan Grisham: More than 27,000 New Mexicans could lose insurance if federal credits expire

September 25, 2025

"In New Mexico, this is what it means: More than 27,000 folks, given the increased cost of these premiums, will be forced out of the private marketplace," Lujan Grisham said Wednesday during a virtual news conference hosted by the Democratic Governors Association. About 75,000 New Mexicans buy health insurance through BeWell, the state exchange set up as part of the…

A jump in new home sales

September 25, 2025

Sales of newly built homes surged in August, rising 20.5% from July to reach their highest level since January 2022, according to U.S. Census data. Rates did not begin their September slide to a three-year low until after the Federal Reserve cut its lending rate. Even with discounts in play, the median price of a new home sold in August was $413,500, up 1.9% from a year…

Recent Findings from Federal Reserve Bank Provides New Insights into Economics (The Geography of Business Dynamism and Skill-biased Technical Change): Economics

September 25, 2025

The news reporters obtained a quote from the research from Federal Reserve Bank,“ With the introduction of a new skill-biased technology that is high fixed cost but low marginal cost, firms endogenously adopt more in big cities, cities that offer abundant amenities for high-skilled workers, and cities that are more productive in using high-skilled labour.

Ways to lower town employee health insurance costs being explored

September 25, 2025

SOUTHWICK— Select Board Chair Diane Gale didn't rule out having the board call a Special Town Meeting to have residents weigh in on whether the town should pay more toward the town employee health insurance costs than the current split, which is 50/ 50, during the board's meeting Monday night. We need time to put that package together to make a decent presentation, "…

Editorial: Health insurance premiums will double if Trump prevails

September 25, 2025

In Vermont, almost 30,000 residents who get health insurance through Vermont Health Connect may lose a collective $65 million unless Congress grants an extension before funding runs out at the end of the year. Congressional Democrats are pushing Republicans to extend the federal health care subsidies in its upcoming budget referendum or face shutting…

Spending run amok: Obamacare poisoning federal budget negotiations as shutdown looms

September 25, 2025

The Democrats have named their price to avoid a government shutdown come October– an additional $350 billion for healthcare over the next decade. The Paragon Health Institute study reports that this is triple the number of no-claim policyholders before the Biden sweeteners were put in place. Although many analysts suspect that these numbers suggest…

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