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Keyword: insurance

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  • Health Insurer Tax (HIT) Will be Back in Effect in 2018

    08/22/2017 8:53:06 PM PDT · by Pocketdoor
    The Affordable Care Act (section 9010) created an annual fee on certain health insurance providers beginning in 2014. This is often referred to as the ďHIT taxĒ or health insurer tax. The HIT tax was suspended for the 2017 calendar year but it will again be effective as of January 1, 2018. If you will have an insured group health plan in 2018, keep this in mind when you review 2018 rate quotes from health insurers. Hereís Why this is Important Some carriers have estimated that the HIT tax will be about 3% in 2018, although amounts will vary among...
  • Allstate to create 2,250 jobs with North Carolina expansion

    08/09/2017 10:24:18 AM PDT · by 2ndDivisionVet · 10 replies
    WTOP-TV ^ | August 9, 2017 | The Associated Press
    CHARLOTTE, N.C. (AP) ó Allstate Insurance Co. announced on Wednesday plans to more than double its North Carolina workforce by expanding in the Charlotte area, investing more than $22 million and creating 2,250 new jobs by 2020. Gov. Roy Cooper and leaders of the nationís largest publicly-traded personal insurance company were joined by local leaders in announcing the expansion, beginning in 2018, at the Charlotte Chamber office. Allstate listed a wide range of jobs to be filled, but a company official said they were still working on specifics. ďWeíre still putting the final touches on them,í said Harriet Harty, Allstate...
  • Maybe it's time to pull the plug on health insurance

    08/04/2017 11:41:01 PM PDT · by 2ndDivisionVet · 66 replies
    CNBC ^ | August 4, 2017 | Jake Novak
    There's nothing like the sight of Republicans and Democrats working together and scrambling to save big time government aid to super-rich corporations. Whether it's a bailout for major banks, tax credits for Big Oil, or big subsidies for large agriculture businesses, this kind of crony capitalism seems to anger almost everyone but nobody really does anything about it. Now, we're about to witness another scramble to provide our hard-earned taxpayer money into the pockets of an industry that's already raking in the big bucks. The Senate Health Committee is going to hold hearings in September to find ways to keep...
  • Insurers seeking huge premium hikes on ObamaCare plans

    08/02/2017 8:49:25 AM PDT · by Kaslin · 56 replies
    Fox News.com ^ | August 2, 2017
    Top health insurance companies in numerous states are looking to hike premiums by double-digits Ė some by roughly 30 percent or more Ė for ObamaCare plans in 2018, according to newly released figures that could light a fire under stalled efforts on Capitol Hill to fix the program. ďA lot of us have lost focus on the fact that the system we have doesnít work,Ē White House Budget Director Mick Mulvaney told ďFox & FriendsĒ on Wednesday, referring to the proposed premium hikes. The Wall Street Journal reported that major insurers in Idaho, West Virginia, South Carolina, Iowa and Wyoming...
  • Galveston County men accused of destroying airplanes, defrauding insurance companies

    07/31/2017 7:32:49 AM PDT · by KeyLargo · 11 replies
    Galveston News ^ | July 29, 2017 | Matt Degrood
    Galveston County men accused of destroying airplanes, defrauding insurance companies By MATT DEGROOD The Daily News Jul 29, 2017 2 Two Galveston County men face multiple wire fraud charges in what federal law enforcement officers allege was a plan to destroy aircraft and other vehicles for insurance money, according to an indictment unsealed Tuesday in federal court. Theodore Robert Wright III, of Kemah and Las Vegas, and Shane Gordon, of League City, were among four people charged with fraud and conspiracy in the U.S. District Court Eastern District of Texas in Tyler, records show. Both men are charged with one...
  • CBO's Secret: 73% Of Coverage Difference Between Obamacare & GOP Bills Driven By Individual Mandate

    07/24/2017 10:13:48 AM PDT · by Lorianne · 17 replies
    Forbes ^ | 22 Juy 2017 | Avik Roy
    If youíve read a newspaper or watched cable news in the last month, youíve probably seen someone say that the Senate GOP health care bill would ďkick 22 million Americans off of their health insurance.Ē But itís not true. New information from the Congressional Budget Officeóleaked to me by a congressional stafferóshows why. CBOís faith in the individual mandateís magical powers For years, the CBO has been convincedódespite real-world experience to the contraryóthat Obamacareís individual mandate is the biggest reason why that law has increased the number of Americans with health insurance. When Senator Barack Obama ran against Hillary Clinton...
  • Democrats open to single-payer health insurance, a party leader (Chuckles Schumer) says

    07/23/2017 1:16:15 PM PDT · by Libloather · 28 replies
    ABC News ^ | 7/23/14 | CHRISTINA POWELL
    The Democratic Party will consider proposing a single-payer health insurance system, Sen. Chuck Schumer of New York said. ďWeíre going to look at broader things [for the nationís health care system.] Single-payer is one of them,Ē Schumer said to ABC News Chief Anchor George Stephanopoulos on ďThis WeekĒ Sunday. The top Democrat in the Senate added that single-payer is among a number of health insurance options. ďMany things are on the table,Ē Schumer said. ďMedicare for people above 55 is on the table. A buy-in to Medicare is on the table. Buy-in to Medicaid is on the table.Ē
  • Let Americans Have Lower-Cost Choices for Health Care Payment Coverage

    07/19/2017 12:45:30 PM PDT · by Brian Griffin · 33 replies
    self | 07/19/2017 | Brian Griffin
    I would like truly affordable coverage. Put a bill in the hopper: 1. Allowing insurance companies to sell mandatory issue during PPACA open season, lower-cost coverage for a insurer-set number of days (24-hour periods), of at least 5, of hospital care coverage (EMTALA scope, essential newborn congenital surgery, operative tumors, pallitative cancer surgery, fractures of major bones), with a $1,000 hospitalization deductible, with available riders, only mandatory issue and federal law exempt from previous condition restrictions with the purchase of at least five, for coverage: a. up to $1,000 for outpatient/ER insurer-selected, Medicare Part B covered tests with patient Medicare...
  • Scripted Thinking on Health Insurance

    07/15/2017 7:01:27 AM PDT · by MtnClimber · 17 replies
    American Thinker ^ | 15 Jul, 2017 | S.R. Lenzkes
    Republicans are approaching health insurance as if they were the better managers of socialism. Why not take this opportunity to express the core principles of conservatism for better solutions? As the Senate grapples with the Gordian Knot of universal and affordable health insurance, senators have fallen into the script that publicly funded health insurance is tantamount to a constitutional right. It isn't, and through the collective fog of "government money," they're obscuring the reality that, in effect, one neighbor is knocking on the door of another, demanding that he pay up for a "human right." Blindness to this reality is...
  • Sen. Ted Cruz wants Senate repeal legislation to allow cheaper Ďjunk insuranceí

    07/02/2017 9:59:05 PM PDT · by 2ndDivisionVet · 21 replies
    McClatchy ^ | June 30, 2017 | Tony Pugh
    A proposal by Sen. Ted Cruz to let insurers provide less comprehensive coverage under the Senate health care bill could lead to an explosion of limited-benefit ďjunk insuranceĒ in states that weaken consumer protections in the Affordable Care Act. Junk insurance can include specified disease plans that cover only certain diseases; supplemental plans that cover only the expenses another policy doesnít; and fixed-dollar indemnity plans that provide a specified amount per day toward medical costs. The Congressional Budget Office considers people with these policies to be uninsured ďbecause they do not have financial protection from major medical risks.Ē Before the...
  • Do you buy or recommend insurance for CCW? (And RSO?)

    07/02/2017 12:04:18 PM PDT · by Reno89519 · 33 replies
    Self ^ | July 2, 2017 | Reno89519
    Do you buy insurance covering your carrying guns, specifically CCW, but any for that matter? And if you are a range safety office, do you buy insurance coverage for that?
  • Fast-growing insurance company plans to create 1,000 jobs over six years in downtown KC ($72K yr)

    06/28/2017 8:25:27 PM PDT · by 2ndDivisionVet · 4 replies
    The Kansas City Star ^ | June 28, 2017 | Lynn Horsley
    A City Council committee on Wednesday endorsed a property tax break for a fast-growing insurance company to support the addition of 1,000 new jobs to downtown Kansas City. The full Council votes Thursday on the proposal for Spring Venture Group, which hopes to move next year from its Crown Center offices into a largely vacant office building on West 12th Street. ďItís very exciting. Itís a big job creator,Ē attorney Evan Fitts, representing Spring Venture, told the councilís planning, zoning and economic development committee. Spring Venture Group has not yet signed a lease for the building at 120 W. 12th...
  • Anthem Says Senate Healthcare Bill Will Stabilize Individual Market

    06/27/2017 8:03:19 AM PDT · by johnk · 14 replies
    breitbart.com ^ | 26 Jun 2017 | by SEAN MORAN
    Anthem, one of the largest health insurers in the country, endorsed the Senate healthcare bill, saying that it will stabilize the individual insurance market and lower premiums. Anthem declared that the Senate bill ďwill markedly improve the stability of the individual market and moderate premium increases.Ē Anthem credits the billís $100 billion stabilization fund, eliminating a tax on health insurance plans, and the billís work toward ďaligning premium subsidies with premium costs.Ē Anthem also criticized the billís changes to Medicaid. It added that ďthe challenges the current bill proposes to the Medicaid program knowing how important it is to achieve...
  • CBO: By 2026, Senate Health Bill Would Leave 22 Million More Uninsured Compared To Current Law

    06/27/2017 7:45:09 AM PDT · by SeekAndFind · 24 replies
    Hotair ^ | 06/27/2017 | John Sexton
    The CBO says the Senate health reform bill would leave 22 million more people uninsured in 2026 compared to current law. That’s a slight improvement over the House bill which the CBO said would leave 23 million uninsured the same year. The CBO does note that the majority of this change next year would be the result of eliminating the penalty on not having insurance. From the CBO report: CBO and JCT estimate that, in 2018, 15 million more people would be uninsured under this legislation than under current law—primarily because the penalty for not having insurance would be...
  • AI could create more human jobs in insurance Ė company chief

    06/26/2017 7:43:33 PM PDT · by 2ndDivisionVet
    Insurance Business ^ | June 26, 2017 | Sam Boyer
    Hereís a novel thought: introducing artificial intelligence into insurance could actually create jobs, rather than stripping them away. That not just pie-in-the-sky daydreaming, thatís the opinion of an artificial intelligence (AI) company chief executive heavily involved in the insurance industry. Alex Dalyac, co-founder and CEO of Tractable, says his companyís AI for P&C auto claims could actually generate jobs Ė depending on what insurance carriers decide to do with the savings in accuracy and time his services generate for them. ďWe enable insurers to ensure their estimates are all accurate. With AI, all repairs are visually checked [and] many more...
  • Should Everyone Be Allowed to Enroll in Medicaid?

    06/21/2017 9:24:04 PM PDT · by Pining_4_TX · 18 replies
    Forbes.com ^ | 06/07/17 | John C. Goodman
    As for Medicaid, about two-thirds of enrollees nationwide are in privately managed plans and the states have turned to private contracting for the same reasons we did in Medicare: the private plans are cheaper and better. So on the evidence, it would appear that conservative Republicans donít have much to lose by allowing a public option and they may have something to gain Ė allowing those currently enrolled in public programs to leave and enroll in better private sector alternatives. Hereís the catch. The competition must be on a level playing field. That means we canít have private plans exposed...
  • Hollywood Purchases ĎTerrorism Insuranceí for New Film about Teen Jesus

    06/09/2017 8:41:59 PM PDT · by Tolerance Sucks Rocks · 40 replies
    MRC TV ^ | June 9, 2017 | Mark Judge
    Talking to the Hollywood Reporter, ‚ÄúOrange Is the New Black‚ÄĚ producer Jenji Kohan revealed that she is working on a new film about Jesus Christ as a teenager. She also said that Netflix, which will show the film, has purchased ‚Äúterrorism insurance‚ÄĚ for fear that people may retaliate against the production. ‚ÄúWe‚Äôre developing a teen Jesus project that got some people nervous,‚ÄĚ Jenji told THR. ‚ÄúIt‚Äôs like ‚ÄėThe Wonder Years‚Äô but with Jesus, and there are all sorts of things where we cross lines ‚ÄĒ and there are crazies out there.‚ÄĚ ‚ÄúThe Wonder Years‚ÄĚ was an ABC television show that...
  • Watch: Insurance Companies Recommending Assisted Suicide for Terminally Ill Patients

    06/04/2017 12:31:39 PM PDT · by Lera · 36 replies
    Breitbart ^ | 31 May 2017 | Dr. Susan Berry
    A newly released video reveals that health insurance companies, seeking to keep their costs down, now can include assisted suicide as a viable option for the terminally ill when these patients live in a state that has legalized assisted suicide. On Wednesday, patient advocacy group Patientsí Rights Action Fund (PRAF) is releasing the video in which a physician discusses he is now encountering insurance companies that refuse to reimburse life-saving treatments for terminally ill patients Ė who live in states in which assisted suicide has become legal Ė because they can now recommend less expensive lethal drugs for ending the...
  • Conservative Businesses (self)

    05/26/2017 2:54:58 PM PDT · by Cold War Veteran - Submarines · 8 replies
    sefl
    Need replacement for USAA
  • State Farm hiring for 100 positions in Tacoma and DuPont (Washington State)

    05/26/2017 11:07:28 AM PDT · by 2ndDivisionVet · 4 replies
    The Olympian | May 25, 2017 | Kate Martin
    Link only due to copyright issues: http://www.theolympian.com/news/business/article152624419.html