Illinois Homeowners Face 50% Insurance Premium Increases
Illinois homeowners experience a dramatic rise in insurance premiums, with a 50% increase over three years. This report calls for regulatory scrutiny.
US Bancorp Retirees Lose Class Action Bid Over Pension Calculations
US Bancorp retirees face a setback in their class action suit regarding pension calculations, as the court denies certification due to complex pension formats.
Tax Relief on Withdrawals from National Savings Scheme Announced
The Central Government exempts tax on withdrawals from National Savings Scheme, providing relief for individual investors.
Survey Shows 76% of Insurers Adopting Generative AI
A recent Deloitte survey indicates that 76% of life and annuity insurers are adopting Generative AI, highlighting the potential and challenges of this technology in the insurance industry.
Medicare Advantage Plans Earn $33 Billion More in 2021
An analysis shows Medicare Advantage plans earned $33 billion more than Traditional Medicare in 2021 through coding differences. UnitedHealth Group received the largest share.
UnitedHealth Dominates Medicare Advantage Payments: Study
Explore how UnitedHealth Group leads in Medicare Advantage payments through diagnosing more health conditions, raising concerns in the health insurance sector.
California Braces for Medicaid Cuts Amid Mental Health Crisis
Proposed federal cuts to Medicaid threaten California's mental health advances, risking accessibility to vital services for millions.
Blue Cross Minnesota Reports Sharp Drop in Operating Profit
Blue Cross and Blue Shield of Minnesota's parent company, Aware Integrated, experiences a substantial drop in operating profit due to high healthcare utilization and losses in Medicare and Medicaid plans.
Blue Cross Minnesota: 73% Drop in Operating Income in 2024
Blue Cross of Minnesota saw a significant decline in operating income for 2024, attributed to high healthcare usage and losses in Medicaid and Medicare plans.
Medicare Insurer Payments to Increase, Boosting Health Stocks
Health stocks surged after Medicare payments were increased by CMS, impacting Humana, CVS, Elevance, and UnitedHealth.