The latest from Washington, D.C., impacting the insurance and financial services industries.
If Congress approves massive cuts to federal Medicaid spending, the results could hit children especially hard.
Low-income American families would see their annual incomes shrink the most under congressional proposals to pay for tax cuts by cutting Medicaid and the Supplemental Nutrition Assistance Program, according to a new analysis from the Urban Institute, supported by the Robert Wood Johnson Foundation.
Federal prosecutors have accused 3 of the country’s biggest health insurers of taking part in a kickback scheme allegedly defrauded Medicare.
The packed agenda featured topics such as: prior authorization reform efforts; the use of genetic testing in life insurance underwriting; insurers’ use of artificial intelligence; prescription drug affordability boards; state resiliency initiatives; and more.
Medicaid remains in the crosshairs as House Republicans consider a proposal to impose per capita caps on funding for the program that provides health care for low-income Americans, including children and nursing home residents.
Congress returns to Washington from its spring recess to face a jam-packed agenda, with extending the 2017 Tax Cuts and Jobs Act its top priority.
Medicaid cuts would disproportionately impact rural communities, older and disabled Americans, and commuities of color.
Key provisions from the Tax Cuts and Jobs Act of 2017 are set to expire Dec. 31, and the National Association of Insurance and Financial Advisors is making renewal of those provisions one of its top legislative priorities this year.
The Trump tariffs will dampen gross domestic product growth not only for the U.S. but for the rest of the world, The Conference Board said.
Tariffs have radically altered Morningstar’s second-quarter U.S. economic outlook as the organization’s chief U.S. economist said President Donald Trump’s proposed tariffs have pushed projected gross domestic product down, pushed projected inflation rates up and increased the risk of a recession to 40%.
As tariffs are under greater consideration, let’s examine their historical significance and explore potential implications of new tariff measures.
Market volatility can affect investors in a variety of ways, depending on their financial situation and where they are in their financial life cycle.
Medicare Advantage plans increasingly rely on middlemen for marketing, a move that is hiking costs and making it more difficult for government to oversee and regulate the health plans that millions of older Americans rely on. That was among the findings of a report released last week by Sen. Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee.
Tariffs and fear over uncertainty are driving market volatility, a panel of experts said.
Michigan Republican urges the Trump administration’s newly confirmed Department of Labor Secretary to rescind the fiduciary rule.
The Trump administration proposed shortening the annual enrollment period for Affordable Care Act health insurance by one month, a move that one group warned could lead to more than 1 million Americans at risk of losing coverage.
Tesla owners may face increasing auto insurance premiums due to rising reports of vandalism directed at Tesla CEO Elon Musk.
Two professional associations representing health agents and brokers came out against the Medicare Payment Advisory Commission’s view of those who enroll consumers in coverage.
The insurance industry is facing even broader repercussions from the administration’s policies well beyond what tariffs could bring.
The National Association of Benefits and Insurance Professionals and a coalition of leading insurance and benefits organizations have sent a joint letter to congressional leaders urging immediate action to address growing concerns in the Medicare Advantage market.
