While lawmakers use the legislative interim to prepare for the next legislative session, we also use the time to monitor how state programs are serving Kentuckians. At the September meeting of the Public Pension Oversight Board, members received an update on an important enrollment change coming to the Kentucky Employees Health Plan that covers more than…
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Angela Chang says sticker shock never gets easier. But Chang, chief strategy officer at KCAL Insurance, also knows there's only so much left in people's pockets, especially with food and gas prices rising too. Nearly two in three Californians worry about unexpected medical bills, and six in 10 report they or a family member skipped care due to cost, according to a…
Three months later, "it didn't seem to have lasted," said Barkin, president of the Federal Reserve Bank of Richmond and a member of the Federal Reserve Board committee that adjusts interest rates to either stimulate the United States economy or slow down inflation. It was the first time in three years that the Fed had raised its benchmark interest rate— now ranging…
BOISE, Idaho— Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. "It’ s nerve-racking," said Joshua Durham, 47. "It just takes, you know, one little accident, and then you got a big fat bill." Nationwide, 7% of all healthcare workers were uninsured in 2024, compared with 11% of all adults under 65,…
The following information was released by the American Public Power Association:. The Senate Banking Committee recently voted unanimously to pass S. 4395, the Terrorism Risk Insurance Program Reauthorization Act of 2026.. APPA joined a coalition of stakeholders in sending a letter to Senate Banking Committee leadership urging swift passage of S. 4395..
Authors: Jessica Mathers and Elizabeth Hinton. In May 2026, CMSannouncedthe HHS Office of the Inspector General would be initiating areview of every state's MFCUbefore its next annual recertification. In June 2026, the HHS-OIG denied recertification and suspended federal funding for Hawaii's and New York's Medicaid Fraud Control Units.
The following information was released by the office of the Attorney General of New Jersey:. Attorney General Jennifer Davenport and the Office of the Insurance Fraud Prosecutor announced today that an owner of a high-end car rental company has been sentenced to four years in state prison for insurance fraud involving a staged car crash and fraudulent…
The Affordability is Access Act would require insurers to fully cover over-the-counter birth control without any fees or out-of-pocket costs, once it's FDA- approved. The legislation also includes a new provision to require health insurance to cover every FDA- approved contraceptive drug or drug-led combination product without cost sharing unless the…
Fifty-one percent of the population of the U.S. has some kind of life insurance coverage in place, and the industry assets cover the equivalent of 41% of the country's collective yearly personal income, according to the Federal Reserve Bank of St. Louis. Meanwhile, ACLI data shows that the annual voluntary surrender rate for individual policyholders is around…
"It means that more of these hospitals, a few nursing homes that are wrapped up in our academic medical centers, are going to start limiting the numbers of Medicaid patients that they see," said Debra Lipson, the independent health policy researcher who authored the report. But in the years since, federal and state spending on these so-called state-directed…
In a surprising development, Auburn City Council on Thursday rejected a proposed three-year contract with the city's firefighters union. Mayor Jimmy Giannettino and Councilors Craig Diego and Rhoda Overstreet-Wilson each cited the contract's language on contributions to health insurance premiums as part of the reason for their vote, believing they…
2026 SEP 28– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Managed Care. According to news reporting out of Boston, Massachusetts, by NewsRx editors, research stated,“ The prices of new medicines in the USA are among the highest in the world. Our news journalists obtained a quote from the research from Brigham…
2026 SEP 28– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators discuss new findings in Managed Care. According to news reporting originating in Phoenix, Arizona, by NewsRx journalists, research stated,“ Renal stone surveillance often relies on ultrasound and radiography of the kidney, ureter, and bladder because of concerns about CT…
2026 SEP 28– By a News Reporter-Staff News Editor at Insurance Daily News– Current study results on Managed Care have been published. According to news originating from Madison, Wisconsin, by NewsRx correspondents, research stated,“ To examine factors associated with variation between actual length of stay and expected LOS in inpatient rehabilitation…
A majority of Florida homeowners say that despite proclamations by lawmakers and rating agencies, they don't believe the property insurance market is improving in the state, with more than a quarter asserting that the market is getting worse. Those are findings from a survey of 1,511 Florida homeowners conducted last month by the Public Opinion Research Lab…
Ron DeSantis criticized higher health insurance premiums Monday that are being driven by the use of AI tools in healthcare. The report from the Blue Cross Blue Shield Association found a nearly $1 billion increase in healthcare spending for its companies between 2023 and 2025.. Approximately 6 million Floridians use Florida Blue, which is the state’ s local…
New York Life Investment Management to Acquire Majority Ownership Stake in Invictus Capital Partners
NEW YORK& WASHINGTON—- New York Life Investment Management, a global asset management firm with approximately $838 billion in assets under management, and Invictus Capital Partners, a leading U.S. single-family residential credit investment manager with more than $20 billion in gross assets under management, today jointly announced that they have entered…
In a unanimous 12-0 decision, the Federal Reserve raised its benchmark lending rate by a quarter of a percentage point, to a target range of 3.75%-4%. In explaining the first interest rate hike in three years, Fed Chair Kevin Warsh said that, "Inflation is the problem. Economist Guy Berger notes that looking back at what the Fed had expected at the end of last year, "the…
A contract dispute between Jefferson Health and Independence Blue Cross could leave patients in the Lehigh Valley paying more out of pocket if no deal is reached by the end of the year. According to a statement from Jefferson, the health system will remain in-network with IBX through Dec. 31. An Independence Blue Cross spokesperson said it offered Jefferson a…
