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30%  
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Keyword: insurance

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  • Business Ohio insurers deny 20% of Obamacare claims

    04/15/2019 5:55:35 AM PDT · by Pontiac · 20 replies
    Cleveland Plain Dealer ^ | 4/14/19 | Ginger Christ
    As many as one out of five in-network claims made for Ohio patients with Obamacare are denied, according to research by the Kaiser Family Foundation.Obamacare marketplace plans are typically purchased by those who are not insured through work, Medicaid or MedicareInsurers nationwide denied about 19% of all Obamacare claims, just below Ohio’s average, according to the Kaiser study, which analyzed data from The Centers for Medicare and Medicaid Services for Obamacare providers in 2017. Denial rates across the country ranged from a high of 41% in Kentucky to a low of under 8% in Oregon.In Ohio, denial rates peaked at...
  • US Workers Are Highly Taxed If You Count Premiums

    04/11/2019 5:59:28 AM PDT · by vannrox · 8 replies
    Peoples Policy Project ^ | 8apr19 | Matt Bruenig
    Comparing labor tax rates across countries is a tricky endeavor. Some countries rely mostly on income and payroll taxes charged to workers, others on payroll taxes charged to employers, and still others on compelling workers and employers to pay private parties who provide pension and health insurance products. To get an apples-to-apples comparison, you have to normalize all of these various schemes into a single labor tax concept that actually reflects just how much labor compensation is being put towards compulsory payments of one sort or another.The OECD produces a number of Taxing Wages publications each year that permit this...
  • U.S. hit with two billion-dollar disasters so far in 2019, Nation has its coldest 1st 1/4 in 5 yrs

    04/10/2019 7:31:31 PM PDT · by Norski · 27 replies
    NOAA ^ | April 9, 2019 | Staff
    The so-called bomb cyclone that brought heavy snow, blizzard conditions and major flooding to the Midwest in March landed with a resounding meteorological “ka-boom!” and became one of two billion-dollar weather and climate disasters this year. The other was a severe storm that struck the Northeast, Southeast and Ohio Valley in late February. And it’s only April. Here's a closer look at highlights from NOAA's latest U.S. climate report: Climate by the numbers March 2019 The average temperature for the contiguous U.S. during March was 40.68 degrees F (0.82 of a degree below average), ranking in the middle third of...
  • Rep. Ilhan Omar Voted Against Bill to Let Insurance Companies Deny Payouts to Terrorists’ Relatives

    03/20/2019 6:39:30 PM PDT · by markomalley · 19 replies
    CNS News ^ | 3/20/19 | Melanie Artur
    While serving in the Minnesota Legislature in 2017, Rep. Ilhan Omar (D-Minn.) was one of two state legislators who voted against a bill that would allow insurance companies to block payouts to the relatives of terrorists. The bill, H.F. 1397, placed limitations on “payments to beneficiaries of persons furthering terrorism.” The bill was introduced in response to the 2015 San Bernardino shooting massacre, in which 14 people were shot and killed. The perpetrators – Syed Rizwan Farook and his wife Tashfeen Malik – took out two life insurance policies totaling $275,000. The federal government intervened and sued to seize the...
  • Texas Law Used to Hasten Patients’ Death

    03/19/2019 3:44:04 PM PDT · by markomalley · 42 replies
    Church Militant ^ | 3/18/19 | Christine Niles
    A contentious battle over a law that gives hospitals the power of life or death over patients A contentious battle is taking place at this courthouse in downtown Houston, Texas over a law that gives hospitals virtually unlimited power to decide the fate of patients. Oral arguments took place centering on the question whether the law, called the Texas Advance Directives Act — or TADA for short — violates patients' constitutional rights by depriving them of due process. Texas Right to Life has led the vanguard in opposing this law. Incredibly enough, their main opposition is none other than the Texas Catholic bishops, who argue the...
  • Health Care and Insurance Industries Mobilize to Kill ‘Medicare for All’

    02/24/2019 7:04:23 AM PST · by Theoria · 11 replies
    The New York Times ^ | 23 Feb 2019 | Robert Pear
    Even before Democrats finish drafting bills to create a single-payer health care system, the health care and insurance industries have assembled a small army of lobbyists to kill “Medicare for all,” an idea that is mocked publicly but is being greeted privately with increasing seriousness. Doctors, hospitals, drug companies and insurers are intent on strangling Medicare for all before it advances from an aspirational slogan to a legislative agenda item. They have hired a top lieutenant in Hillary Clinton’s 2016 presidential campaign to spearhead the effort. And their tactics will show Democrats what they are up against as the party...
  • Sherrod Brown backs Kamala Harris plan to abolish private health insurance

    01/30/2019 7:28:56 AM PST · by Red Badger · 39 replies
    www.washingtonexaminer.com ^ | January 30, 2019 08:10 AM | by Katelyn Caralle
    Sen. Sherrod Brown said he backs a proposal from Sen. Kamala Harris to abolish private health insurance. “I like Kamala,” Brown told MSNBC when asked if he would consider appearing on a ticket alongside Harris in the 2020 elections. “I was amazed at somebody called her un-American today for a proposal she had on health insurance … I stand with her on that, we have stood together on a number of issues, and I think very highly of her.” Brown, D-Ohio, on Wednesday will launch a tour aimed at promoting a possible White House run in 2020, and has said...
  • Insurance claims from deadly California wildfires exceed $11.4B

    01/29/2019 3:25:43 PM PST · by upchuck · 29 replies
    NY Post ^ | Jan 28, 2019 | Ass Press
    SACRAMENTO, Calif. — Insurance claims from California’s deadly November 2018 wildfires have topped $11.4 billion, making the series of fires some of the most expensive in state history, officials said Monday. The latest tally adds to growing concerns about the future availability of home insurance in wildfire-prone areas. More than $8 billion of the November 2018 losses stem from the fire that leveled the town of Paradise, killing 86 people and destroying roughly 15,000 homes. The other $3 billion in losses are from two Southern California wildfires that ignited the same week. The numbers were expected to rise, though...
  • The NFL's Latest Headache (may kill off the game - also college and HS football - and the NHL)

    01/29/2019 2:11:22 PM PST · by Zakeet · 86 replies
    Mises Wire ^ | January 28, 2019 | Doug French
    Pro sports is seen as the next step in [Las Vegas’] evolution. ... What could go wrong? Insurance? Or, lack of it? Insurers are leaving the football market fearing Chronic Traumatic Encephalopathy (CTE) is the new asbestos. Steve Fainaru and Mark Fainaru-Wada wrote in a spectacular 'outside the lines' piece for ESPN+, To an increasing number of carriers, football is a dam built atop an earthquake fault. A disaster might never occur, but the specter of huge potential losses is scaring many companies away. [Snip] It's not just CTE. CTE isn't going to be the expensive part," said one insurance...
  • Presidential Contender Kamala Harris: Do You Like Your Health Insurance? You Can’t Keep It

    01/29/2019 9:32:40 AM PST · by SeekAndFind · 27 replies
    Hotair ^ | 01/29/2019 | Ed Morrissey
    At least this won’t get a Lie of the Year award, although the rest of Kamala Harris’ argument might not be as immune. The Democratic contender held a townhall forum on CNN last night, where moderator Jake Tapper asked about Harris’ support and sponsorship for a Medicare for All bill. Some people like their private insurance plan, Tapper noted. What about them?We’re going to “eliminate all of that,” Harris promised: TAPPER: Just to follow up on that, correct me if I’m wrong. To reiterate: You support the Medicare for All bill, I think initially co-sponsored by Bernie Sanders, you’re...
  • Progressive to add 1,000 jobs in Austin

    01/24/2019 8:56:25 PM PST · by Blue House Sue · 47 replies
    Austin American Statesman ^ | 1/24/19 | Lori Hawkins
    Hundreds more jobs -- this time non-tech -- are coming to Austin. Auto insurance company Progressive announced Thursday that it plans to create 1,000 jobs in Austin as part of a national hiring push to add 10,000 workers in 2019. The new Austin positions will be in sales, customer service and claims at Progressive’s contact center, which is off East Ben White Boulevard. The center is the company’s main bilingual service facility, and some of the positions will be for workers who speak English and Spanish.
  • Facing Legal Action, Insurer Now Will Cover People Taking Truvada, an H.I.V.-Prevention Drug

    01/11/2019 6:25:10 AM PST · by reaganaut1 · 18 replies
    New York Times ^ | January 10, 2019 | Gina Kolata
    Settling allegations of discrimination filed by the Massachusetts attorney general’s office, Mutual of Omaha has agreed not to deny insurance to people who use medications to prevent H.I.V. infection. The insurer also has settled a lawsuit brought by an unidentified gay man in Massachusetts who was turned down for long-term-care insurance after acknowledging that he took an H.I.V.-prevention drug called Truvada. “Consumers looking to protect themselves from H.I.V. transmission should not be excluded from buying insurance,” Maura Healey, the attorney general of Massachusetts, said in a prepared statement. The company admitted no wrongdoing in the settlements and will make a...
  • Ice isn’t melting in the Arctic and Antarctic, yet big insurance rate hikes on coastal (T)

    12/30/2018 11:08:21 AM PST · by rktman · 39 replies
    americanthinker.com ^ | 12/30/2018 | Tom Lifson
    Full header: "Ice isn’t melting in the Arctic and Antarctic, yet big insurance rate hikes on coastal properties loom for purported sea level rise." The theory is that melting ice at the earth’s polar regions will swamp us. And that is triggering moves to raise insurance premiums on coastal properties that are supposed to be flooded, in low-lying coastal places like Florida, as the Sun-Sentinel writes: In just two or three years, Congress may change the way it sets rates in the Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) to reflect more realistic assessments of risk, including the...
  • My Revised Health Care Cost Coverage Proposal is Back Online

    12/10/2018 11:23:47 AM PST · by Brian Griffin · 9 replies
    Brian Griffin | 12/10/2018 | Brian Griffin
    Its fundamental principle is giving insurers negotiating power. Imagine if Aunt Sue's insurer had to buy exactly A,B,C,D,E,F,G,H,I and J. The price on each would be high and the total price via premiums would be impoverishing for Aunt Sue. Imagine instead if Aunt Sue's insurer only had to buy at least eight of the ten for Aunt Sue to get a federal tax credit. Each seller would realize that their yearly revenue from Aunt Sue might be zero. Deals would be offered and good deals made. Aunt Sue would probably wind up with all ten and at a much lower...
  • Cortez says she paid twice as much for insurance as a waitress as she will in Congress

    12/05/2018 8:44:55 AM PST · by Libloather · 83 replies
    CNBC ^ | 12/04/18 | Abigail Hess
    **SNIP** Over the weekend, the Congresswoman-elect said that the health insurance she will receive as a member of Congress will cost significantly less than the health insurance she paid for as a waitress. "In my on-boarding to Congress, I get to pick my insurance plan," the 29-year-old tweeted. "As a waitress, I had to pay more than TWICE what I'd pay as a member of Congress." Members of Congress and their staff choose a gold-level healthcare plan through the open marketplace. According to Snopes, Congress members pay approximately 28 percent of their annual healthcare premiums through pre-tax payroll deductions and...
  • You Snooze, You Lose: Insurers Make The Old Adage Literally True

    11/21/2018 2:01:28 PM PST · by Tilted Irish Kilt · 34 replies
    propublica.org ^ | 11/21/18 | Marshall Allen
    Millions of sleep apnea patients rely on CPAP breathing machines to get a good night’s rest. Health insurers use a variety of tactics, including surveillance, to make patients bear the costs. Experts say it’s part of the insurance industry playbook. Last March, Tony Schmidt discovered something unsettling about the machine that helps him breathe at night. Without his knowledge, it was spying on him. From his bedside, the device was tracking when he was using it and sending the information not just to his doctor, but to the maker of the machine, to the medical supply company that provided it...
  • This week's top insurance jobs

    10/18/2018 10:27:20 PM PDT · by 2ndDivisionVet · 6 replies
    Insurance Business ^ | October 15, 2017 | Lyle Adriano
    Each week, Insurance Business America shares top job opportunities from across America. For this week: Insurance Sales Intern, Country Financial Country Financial is looking for interns interested in “ongoing professional growth and learning.” The internship has the potential to last a full year, with a possible job offer at the end. Interns with the company will learn alongside Country Financial’s representatives on what it means to be an insurance agent. The insurer is looking for interns for its nine locations throughout America; follow the links to apply for the position in Hillsboro, OR, Carol Stream, IL, Columbia, MO, Corvallis, OR,...
  • Xerox cancels benefits

    10/10/2018 8:35:25 AM PDT · by Deo et patriae · 72 replies
    I received letter from Xerox yesterday (10/09/2018) informing me they are canceling my retirement benefits (and not just me but many other retirees too) which are; Medical, Dental, Prescription Drugs, and my Life Insurance. I worked for Xerox 31 years with the goal in mind that I would have these benefits after I retired. I did, but now, when I need them the most they take them away from me. I was a Senior Engineering Technician in Corporate Research & Technology, in Webster, NY. Let this be a WARNING to people who are considering employment there.
  • A Short History of American Medical Insurance

    10/06/2018 8:33:36 PM PDT · by TBP · 34 replies
    Imprimis ^ | September 2018 | JohnSteele Gordon
    Whenever one segment of an economy exhibits, year after year, inflation above the general rate, and when there is no constraint on supply, then either a cartel is in operation or there is a lack of price transparency—or both, as is the case with American medical care. So it is clear that there is something terribly wrong with how health care is financed in our country. And a consensus on how to fix the problem—how to provide Americans the best medicine money can buy for the least amount of money that will buy it—has proved elusive. But the history of...
  • State Farm to shutter Tampa operations center, slash dozens of jobs

    10/04/2018 6:45:56 AM PDT · by 4Runner · 41 replies
    Tampa Bay Business Journal ^ | October 1, 2018 | Ashley Gurbal Kritzer
    State Farm Mutual Automobile Insurance Co. plans to permanently close its Tampa operations center, cutting 59 jobs in the process. The insurer notified the state Department of Economic Opportunity on Sept. 27 of its plans. It will close the Tampa center and a portion of its Jacksonville operations center, according to the letter to the DEO. The Jacksonville closure will affect 100 jobs. The Tampa jobs affected include auto claims representatives, claim processors, claim service assistants and more.