Keep in mind that the Federal Reserve just cut interest rates, but the Bank of Canada continues to be fairly soft as well. Furthermore, we still have a lot of issues when it comes to trade between the United States and Canada, and that of course will continue to favor the United States, because quite frankly, Canada needs to send its exports into the United States for…
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BCG Pension Risk Consultants| BCG Penbridge, a leader in defined benefit risk mitigation services, today announced the addition of two experienced industry professionals, Tom Sablak and Sam Mossing, to BCG’ s highly regarded team of consultants to help drive and deliver cost management and de-risking consulting services for defined benefit pension plans.
However, plans have experienced an increase in utilization and medical trends that have persisted longer than expected,” said Jason Hopper.“ Changes to the risk-adjustment payment model by the Center for Medicare and Medicaid Services, as well as lower Star Ratings across the industry, also have contributed to recent underwriting losses.”.
Availity, the nation’ s largest real-time health information network, was selected as the single-source, NCQA approved, vendor for provider credentialing intake across SoonerSelect, Oklahoma’ s managed care Medicaid network, in collaboration with the three medical plans. The solution successfully went live on July 1, 2025. The state of Oklahoma, in…
Gradient AI, a leading enterprise software provider of artificial intelligence solutions in the insurance industry, today announced that Community Health Options has successfully adopted its integrated Risk Management Life Cycle solution. The platform combines SAIL™, a predictive analytics solution for new business underwriting, with Renewal…
Young Risk Professionals partnered with Counterpart, the leading Agentic Insurance™ platform, to survey U.S. insurance professionals ages 21 to 35. This comes at a time when insurance cannot afford to lose young talent, given that an estimated 400,000 workers will retire from the insurance industry by 2026, according to the U.S. Bureau of Labor Statistics.
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…
Nebraska's rural economy is sputtering, with tariff-related uncertainty compounding challenges that farmers have faced for several years. That's the picture painted this week by the September report from the Rural Mainstreet Index, a survey of rural bank CEOs compiled by Creighton University economist Ernie Goss. The Nebraska reading dropped from 43.2…
Meanwhile, Indiana's financial toll under a new federal law is beginning to take shape, though final numbers are currently under review, according to comments before the State Budget Committee on Wednesday. But the federal government won't let Indiana move forward with work requirements until 2027, when all Medicaid expansion enrollees must meet that…
The issue that has Congress at a standstill could soon become a major issue for many and maybe most Oklahomans, a state contingent from the health care sector told congressional staffers last week. "Quite honestly, it's one of the only times that I've seen everyone in the industry in agreement on something," Julie McKone, executive director of Oklahoma Families…
SIOUX CITY– A Danbury, Iowa, farmer has pleaded guilty of stealing more than $1.5 million in ag subsidies during the COVID pandemic. Tanner Seuntjens, 32, entered his plea Friday in U.S. District Court in Sioux City to single counts of theft of government funds, aggravated identity theft and crop insurance fraud. He also defrauded a South Dakota bank from March 2021…
CCC Intelligent Solutions Inc., a leading cloud platform provider powering the P&C insurance economy, today published its Crash Course Q3 2025 Report, providing an in-depth analysis of how tariffs, economic uncertainty and consumer behavior are reshaping the auto claims and repair ecosystem. Tariffs Driving Cost Pressures: CCC data shows average part…
Florida's efforts to reduce the number of lawsuits over denied home insurance claims appear to be backfiring, according to a recent report by a Florida- based independent ratings firm. In 2022, Florida's legislature passed multiple laws aimed at reining in the state's runaway home insurance costs. Weiss' report analyzed insurer filings and National…
UnitedHealthcare, Louisiana's second-largest private health insurance provider, warned customers in a letter that LCMC Health hospitals could be dropped from in-network coverage, forcing patients to pay higher costs, if the two sides can't quickly agree on a new contract. "However, if we're unable to reach an agreement, LCMC Health may no longer be part of your…
The U.S. Federal Reserve is under siege. President Donald Trump threatens to fire Chair Jerome Powell. The Supreme Court has confirmed that the chair can't be dismissed except "for cause"— a threshold that the renovation-cost overruns the president has cited don't meet.
In 1913, Congress gave the Federal Reserve a clear and narrow mission: Safeguard the value of our money and support stable employment. The Fed, like the U.S. Department of Education, U.S. Agency for International Development and others that have come under attack by President Donald Trump's administration, has strayed far from its original purpose.
Higher premium notices will begin landing in mailboxes next month, unless Congress acts sooner to extend enhanced federal subsidies that make health insurance affordable for most of the 415,000 Virginians who buy coverage on the exchange the State Corporation Commission operates. With congressional midterm elections looming next year, Virginia…
As with so much else, we’ re living through some of the most unparalleled challenges to the republic since the worst of the Great Depression and the Civil War— yet even then, Abraham Lincoln, Herbert Hoover and Franklin Roosevelt abided by the Constitution. The world’ s most influential central bank and lender of last resort was intended to be independent of the…
SCRANTON— As a small-business owner, Michelle Rothenbecker has relied on the federal Health Insurance Marketplace for her family’ s health care insurance. The Bear Creek Twp. resident was one of around 10 people who rallied outside the downtown offices of Republican U.S. Sen. Democrats are threatening to vote to shut down the government at the end of the month if…
