Today, we have another one, courtesy of Rob Neukirch in Floyd County. You might recall a column last year, when Neukirch spent months tangling with the U.S. Postal Service to collect $100 worth of insurance over some smashed ceramic cups he had mailed to California. This time, Neukirch successfully got reimbursed to the tune a lot more- by his nephew's Medicaid…
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Governor Kathy Hochul today called on Congressional leadership to pass an extension of the Affordable Care Act's enhanced premium tax credits, which are set to expire at the end of 2025. New York is one of 18 states to sign a joint letter stating that without these subsidies, millions of Americans will see their healthcare premiums rise by thousands of dollars.
The United States has filed a complaint under the False Claims Act in a lawsuit against Local Initiative Health Authority for Inland Empire Health Plan doing business as Inland Empire Health Plan, a California Local Initiative Health Plan based in Rancho Cucamonga, California. IEHP contracted with California's Department of Health Care Services to…
Ways and Means Committee Chairman Jason Smith issued the following statement after the Federal Open Market Committee announced its decision to lower the benchmark rate by 25 basis points:. Recent data showed 911,000 fewer jobs were created at the backend of the Biden presidency than originally understood, revealing the weak economy that President Trump…
The United States has filed acomplaint under the False Claims Act in a lawsuit against Local Initiative Health Authority for Inland Empire Health Plan doing business as Inland Empire Health Plan, a California Local Initiative Health Plan based in Rancho Cucamonga. IEHP contracted with California's Department of Health Care Services to arrange for the…
U.S. Congressman Sean Casten and U.S. Senator Jeff Merkley sent a letter to the Securities and Exchange Commission demanding it conduct full oversight of Justin Sun's cryptocurrency company and his multi-million dollar investments into President Donald Trump's digital assets projects, which raise serious investor protection and national security…
State Auditor Allison Ball released a special examination of the Kentucky Department of Medicaid Services on Wednesday, which says a specific failure on the part of DMS led to more than $800 million of wasted taxpayer money. It found that DMS did not take basic steps to ensure it was not duplicating payments made by other states once a recipient moved out of…
RALEIGH, N.C.— Borrowing could soon get cheaper, but experts say your savings account might take a hit, after the Federal Reserve cut interest rates by a quarter point Wednesday for the first time in nine months. When determining whether to cut rates, the Fed has to balance inflation and the labor market. Michael Walden, William Neal Reynolds Distinguished…
Way Better Insurance has launched a new Yacht & Marine Division at its Babcock Ranch office, specializing in yacht, sailboat, catamaran, and live-aboard boat insurance for vessels 30–70 feet operating in Florida, the Bahamas, and beyond. The division was inspired by Karen and Brian Culbertson’s year cruising the Bahamas aboard their catamaran Three Dog Cat, which gave them firsthand experience with the challenges boaters face in finding the right coverage.
But one of the sharpest strains on hospitals’ budgets, providers say, is the soaring cost of medical malpractice insurance in New Mexico- costs that have risen dramatically year after year since 2021, when the state legislature raised the caps on malpractice liability from $600,000 to $6 million over a five-year period, among the highest in the country.
The Jessamine County Board of Education voted Aug. 28 to set the 2026 property tax rate at 67.8 cents per $100 of real property value, keeping the rate the same as 2025.. For example, district data shows property, auto and general liability insurance costs grew from $594,674 in fiscal year 2023 to a projected $1,049,558 in fiscal year 2026. Officials said that for…
WASHINGTON- The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and indicated more cuts would follow to halt any slide in a labor market already experiencing higher joblessness among Blacks, a declining workweek, and other signs of weakness. The decision moves in a direction…
AM Best is revising its outlook on the French life insurance segment to stable from negative. In its new Best’ s Market Segment Report,“ Market Segment Outlook: France Life Insurance”, AM Best states that it expects the French life insurance segment to report further growth over the next year, despite headwinds from the wider economic and geopolitical conditions.
The Federal Reserve cut interest rates by a quarter-percentage point Wednesday to bolster a weak job market amid unrelenting pressure from President Trump, who has installed a key ally at the central bank. The Fed also signaled potentially more rate cuts before the end of the year and possibly in 2026.. Mr. Trump swore in Mr. Miran to the Fed’ s board of governors…
Department officials on Wednesday, Sept. 17, announced a lawsuit filed in federal court against Inland Empire Health Plan that alleges it broke federal law by making false claims regarding Medi-Cal, the state’ s version of the federal Medicaid program that provides health coverage to the poor and disabled. As of June, 4 in 10 Inland residents were on Medi-Cal,…
—Hoping that mortgage rates will keep dropping following the Federal Reserve's first rate cut since last year? As expected, the central bank delivered a quarter-point cut Wednesday and projected it would lower its benchmark rate twice more this year, reflecting growing concern over the U.S. job market. Here's a look at factors that determine mortgage rates and…
ATLANTA- Healthcare advocates warned Thursday that Georgia residents who have to find their own insurance in the government marketplace should expect significant rate increases next year. Insurance companies are filing rate increase requests with regulators, arguing that federal budget cuts and the end of COVID-19 tax credits are the main drivers, said…
More than 168,000 Connecticut residents are projected to lose their health insurance coverage over the next 10 years as a result of President Donald Trump's so-called "Big Beautiful Bill," likely resulting in higher health-care costs for all residents, according to a new study. Signed into law July 4, the legislation is projected to result in at least 10 million…
The Federal Reserve on Sept. 17, 2025, cut its target interest rate as it shifts focus from fighting inflation to supporting the choppy labor market. The Fed’ s decision to begin cutting rates comes as evidence mounts that the U.S. labor market is losing momentum. Here are some the data points I’ ve been following most closely to better understand where the U.S….
