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Keyword: insurance

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  • Insurer Chubb says will stop underwriting NRA insurance for gun owners

    02/23/2018 3:12:38 PM PST · by Patriotic1 · 50 replies
    Reuters ^ | 2/23/2018 | Reuters Staff
    Insurer Chubb Ltd on Friday said that it will stop underwriting a National Rifle Association-branded insurance policy for gun owners. Chubb gave notice three months ago of its plan to stop participating in the NRA insurance program, known as “NRA Carry Guard,”
  • The GOP’s Coming Obamacare Capitulation

    02/05/2018 10:51:07 AM PST · by SoFloFreeper · 16 replies
    NRO (I know, but this one might be worth it) ^ | 2/5/18 | Doug Badger, Marie Fishpaw & Michael Needham
    If conservatives don’t coalesce behind a new repeal plan soon soon, they will find themselves bystanders as their Republican colleagues link arms with Democrats. ... a concoction of two bills. The first, championed by Sens. Lamar Alexander (R., Tenn.) and Patty Murray (D., Wash.), would appropriate cost-sharing-reduction payments to insurers. The second, sponsored by Sens. Susan Collins (R., Maine) and Bill Nelson (D., Fla.), would give insurers an additional $10 billion (and perhaps more) in federal cash.
  • 9 States Considering Individual Mandate Rules

    02/04/2018 11:17:14 AM PST · by Enlightened1 · 27 replies
    The Hill ^ | 02/03/17 | Max Greenwood
    Nine states are considering laws that would require their residents to purchase health insurance, the The Wall Street Journal reported Saturday. The proposals come less than two months after Republicans, as part of a sweeping tax code overhaul, voted to repeal the Affordable Care Act's (ACA) mandate requiring individuals to have health insurance.  Lawmakers in Maryland are considering a law requiring residents to buy health insurance. California, Connecticut, Hawaii, Minnesota, New Jersey, Rhode Island, Vermont and Washington, as well as the District of Columbia, are also considering similar proposals, according to the Journal report.  The ACA's individual mandate was implemented...
  • Amazon gets into healthcare with Warren Buffet and JPMorgan

    01/30/2018 6:24:44 AM PST · by WeWaWes · 25 replies ^ | 01/30/2018 | Steve Dent
    Amazon has just took a surprising turn into the healthcare industry, teaming up with investing hero Warren Buffet and New York-based bank JPMorgan Chase, the Washington Post reports.
  • Idaho to Allow New Insurance Plans Outside of Federal Health Law

    01/26/2018 10:56:30 AM PST · by · 20 replies
    Wall Street Journal ^ | 1-25-2018 | Anna Wilde Mathews
    <p>Idaho officials said they will begin allowing insurers to sell new plans that don't meet requirements set by the Affordable Care Act, a move that will test the limits of states' ability to carve out their own health-insurance rules.</p> <p>Wednesday, the Idaho Department of Insurance said it would allow insurers in the state to begin offering "state-based plans" to consumers. These products could leave out some of the benefits mandated by the ACA for individual coverage. Insurers would be able to consider enrollees' medical history in setting their premiums, a practice known as underwriting, which isn't authorized under the ACA. The new state-based plans could also include dollar limits on total benefit payouts, which the ACA banned.</p>
  • Beware: Obamacare Penalty Could Come Back

    12/26/2017 9:48:18 PM PST · by Kaslin · 15 replies ^ | December 27, 2017 | Betsy McCaughey
    The federal tax cut signed into law last week eliminates the federal penalty for not having health insurance, starting in 2019. That's good news for those who've been buying Obamacare to avoid the penalty, and even better news for those who've actually been paying the penalty. But don't start celebrating yet. In New York, California, Maryland, Connecticut, New Jersey and other deep blue strongholds, the insurance industry and left-wing activists are agitating to enact state penalties to replace the soon-to-be defunct federal one. Ouch! Six-and-a-half million filers paid the federal penalty last year, including approximately 400,000 right here in New...
  • Ex-FBI Asst. Director on Fox Biz: Strzok 'Belongs in Leavenworth' (Jim Kallstrom)

    12/16/2017 6:09:20 AM PST · by RoosterRedux · 47 replies ^ | Tom Blumer
    As of Wednesday evening, as Nicholas Fondacaro at NewsBusters observed, the three broadcasting networks were not reporting the content of the most damning text messages exchanged between now-former Robert Mueller investigative team members Peter Strzok and his mistress Lisa Page. Meanwhile, coverage seen Wednesday evening at the Associated Press predictably treated the matter as a Republicans-attack dispute. Almost no one seems to be interested in hearing from what other veteran or former FBI officials think about the Mueller team's and Bureau leadership's conduct. One exception is Elizabeth MacDonald at the Fox Business network, who interviewed former FBI Assistant Director Jim...
  • Girl Has Blunt Message for insurance Company After Brain Surgery Request Denied (Thanks, ACA)

    12/11/2017 12:40:06 PM PST · by nickcarraway · 64 replies
    KFOR ^ | DECEMBER 11, 2017
    Cara Pressman sobbed in the big red chair in her living room. The 15-year-old tried to absorb the devastating news relayed by her parents: that their insurance company, Aetna, denied her for a minimally invasive brain surgery that could end the seizures that have haunted her since she was 9 years old. “When my parents told me, I went kind of blank and started crying,” she said. “I cried for like an hour.” Her friends had been lined up to visit her in the hospital for the surgery three days away, on Monday, October 23. Between tears, she texted them...
  • Build, flood, rebuild: flood insurance’s expensive cycle

    12/10/2017 5:34:53 AM PST · by Elderberry · 30 replies
    The Houston Chronicle ^ | 12/10/2017 | David Hunn, Ryan Maye Handy, and James Osborne
    The National Flood Insurance Program, designed to protect Americans from catastrophic floods, has failed in almost every way, encouraging people to buy and build in flood-prone areas while increasing the cost and magnitude of disasters. Congress' efforts to reform the program have failed just as thoroughly. Attempts to fix flood insurance have been derailed repeatedly by special interests, political expediency and powerful lobbies that have poured hundreds of millions of dollars into congressional campaigns, a three-month examination by the Houston Chronicle reveals. Banks, builders, insurers and real estate agents — supported by property owners and allies in Congress —have combined...
  • CVS to purchase Aetna in $69-billion deal with potential to transform health care

    12/03/2017 5:15:52 PM PST · by smileyface · 39 replies
    Circa ^ | Dec 2, 2017 | Sinclair Broadcast Group
    4 Hours Ago Pharmacy chain CVS will purchase insurance giant Aetna in a deal value at $69 billion, The Associated Press reported Sunday. The move will dramatically expand the drugstore juggernaut's health services; a historic amplification which could transform the health care industry. If approved by regulators, CVS' 9,700 locations could morph into health care centers, providing its consumers with primary care and other services and dramatically lowering the cost of health care. The unprecedented merging of retail and health care is likely to spark similar deals throughout the industry, experts said.
  • Fresno State prof says he did nothing wrong, won’t ‘pay a dime’ for erasing anti-abortion messages

    11/20/2017 5:56:52 AM PST · by ptsal · 34 replies
    Fresno Bee ^ | Nov 10, 2017 | Mackenzie Mays
    A Fresno State professor sued by students after interfering with their anti-abortion messages on campus says he did nothing wrong – and didn’t pay $17,000 in a settlement despite an announcement made by Alliance Defending Freedom on Thursday. “I admitted absolutely no wrongdoing, and I did not have to pay a dime,” public health professor Greg Thatcher said Friday. The costs were covered by his insurance company through the National Education Association, he said.
  • Bad Math for Gun Control

    11/18/2017 4:57:12 AM PST · by marktwain · 13 replies
    Ammoland ^ | 17 November, 2017 | Dean Weingarten
    The latest weird failure of fact by proponents of a disarmed public is offset somewhat by a refreshing honesty of stated desire. The opinion piece is in a university paper, written by a student, so they deserve a gentler treatment than a professional journalist.Right or wrong, the differentiation between editorials and factual articles has been mostly destroyed in the last 20 years. The article is from the University Press at Lamar University. Lamar University is located near Houston, in Texas.From Unfortunately, the conversation about gun control only arises after an incident where several people are killed at one time....
  • Health insurers earn billions, while patients and doctors suffer under ObamaCare

    10/27/2017 6:14:11 PM PDT · by Kaslin · 39 replies
    Fox ^ | October 27, 2017 | Dr Marc Siegel
    I remember when my patients used to pay me up front for my service, and then apply to their insurance company for reimbursement. Health insurance policies came in all shapes and sizes back then, some more comprehensive than others, depending on a patient’s needs. Patients understood that health insurance was not the same thing as health care, and that it was at best a promise that sometimes went unfulfilled. Over the years insurers gained more control of the health-care system, until I had to appeal to the insurance company to be reimbursed for a service I had already provided. Since...
  • NRA Being Investigated By New York Regulators

    10/27/2017 11:45:15 AM PDT · by MtnClimber · 13 replies
    Bearing Arms ^ | 26 Oct, 2017 | Tom Knighton
    The National Rifle Association is reportedly being investigated by New York regulators. No, it’s not that the state has finally figured out a way to undermine the organization’s strong Second Amendment stance or its effectiveness throughout the nation in blocking infringements on our right to keep and bear arms. No, it’s something far more insidious. They’re concerned the NRA is selling their Carry Guard insurance without a license. New York regulators launched an investigation into the National Rifle Association’s role in the self-defense insurance program that bears its name. The probe by the state’s Department of Financial Services will focus...
  • Allstate to create 2,250 Charlotte jobs in expansion (Average pay $46,800 in North Carolina)

    10/24/2017 2:29:53 AM PDT · by 2ndDivisionVet · 6 replies
    The News & Observer ^ | August 9, 2017 | Ely Portillo and Deon Roberts
    Allstate Insurance Company will create 2,250 jobs in a Charlotte expansion project spanning three years, officials announced Wednesday – the second major local expansion by an insurance company in three months. The insurer is expected to invest more than $22 million in the Charlotte area through the expansion of its operations center, officials said at the announcement at the Charlotte Chamber uptown. The move will add to the roughly 1,400 employees the insurer already has in Charlotte. Earlier Wednesday, the state approved a roughly $23.7 million incentives package in exchange for the project. Prospective local matching incentives total almost $1.5...
  • Trump to end key ACA subsidies, a move that will threaten the law’s marketplaces

    10/12/2017 8:05:12 PM PDT · by NRx · 118 replies
    WaPo ^ | 10-12-2017 | Amy Goldstein
    President Trump is throwing a bomb into the insurance marketplaces created under the Affordable Care Act, choosing to end critical payments to health insurers that help millions of lower-income Americans afford coverage. The decision follows an executive order on Thursday to allow alternative health plans that skirt the law’s requirements. The White House confirmed late Thursday that it would halt federal payments for cost-sharing reductions, although a statement did not specify when. According to two people briefed on the decision, the cutoff will be as of November. The subsidies total about $7 billion this year. Trump has threatened for months...
  • Exclusive – Rand Paul on Trump Healthcare Executive Action: Congress Failed, Time to Act

    10/12/2017 9:55:03 AM PDT · by Rockitz · 27 replies ^ | 12 Oct 2017 | Sen. Rand Paul (R-KY)
    President Trump will today legalize and allow individuals to form Health Associations and purchase insurance across state lines. This is what real free market replacement looks like. Millions of Americans will be eligible to band together to demand less-expensive insurance. The 28 million individuals left behind by Obamacare will now be eligible for inexpensive insurance. The cost to the taxpayer? ZERO! As opposed to the trillion-dollar, “fake” replacements we voted on, this replacement simply legalizes choice. I’ve been working with President Trump and his Cabinet for months to get this done. How will it work? Well, nationwide associations like the...
  • Sen. Rand Paul Writes Op-Ed Explaining New Executive Order

    10/12/2017 9:40:13 AM PDT · by Kaslin · 17 replies ^ | October 12, 2017 | Christine Rousselle
    In an op-ed penned for Breitbart, Sen. Rand Paul (R-KY) explained that President Donald Trump's upcoming executive order--which would legalize the sale of health insurance across state lines--would come at zero cost for the taxpayer and would enable 28 million people "left behind" by Obamacare to purchase insurance cheaply. According to Paul, the executive order will create "Health Associations," which would allow people to create groups similar to large corporations in order to get lower premiums on their plans. Paul said that these Association Health Plans will "be among the biggest-free market reforms" of the healthcare industry in decades, and is...
  • Trump Poised to Sign Order Opening New Paths to Health Insurance

    10/08/2017 11:43:25 AM PDT · by reaganaut1 · 27 replies
    New York Times ^ | October 7, 2017 | Robert Pear
    WASHINGTON — Stymied in his efforts to repeal the Affordable Care Act, President Trump is poised to issue an order that could ease some federal rules governing health insurance and make it easier for people to band together and buy coverage on their own, administration officials said Saturday. One official said the directive could move the president a step closer to one of his longstanding goals: allowing consumers to buy health insurance across state lines. Conservatives say that interstate sales could expand options for consumers, increase competition in the insurance market and perhaps lower costs. The order, which the administration...
  • Trump preparing executive order to let Americans purchase health insurance across state lines

    09/27/2017 2:38:18 PM PDT · by blueyon · 77 replies
    WashingtonExaminer ^ | 9/27/17 | by Gabby Morrongiello
    President Trump is preparing an executive order to allow people to purchase health insurance across state lines, a reform conservatives have long championed as a way to bring costs down and stir greater competition in the national marketplace. The executive action gives the White House a chance to follow through on at least one promise related to healthcare reform after Senate Republicans' second attempt to overhaul Obamacare failed this week. Kentucky Sen. Rand Paul "I think there's going to be big news from the White House in the next week or two, something they can do on their own," Paul...