Medicare Advantage Increases Government Costs, Not Saves Them, Reports Show
Medicare Advantage programs increase government spending by $84 billion annually due to payment structures and upcoding, impacting Medicare's fiscal sustainability.
Wealth Management Firms Eye $3 Trillion in Rollovers and Annuity Sales
Cerulli Associates reports $3 trillion in retirement rollovers and annuity sales opportunities for U.S. wealth management firms targeting high-net-worth individuals.
Multiemployer Health Plans Show Benefit Coverage Gaps Across Industries
Analysis reveals significant benefit coverage gaps in multiemployer health plans across U.S. industry sectors, highlighting challenges in disability, dental, and vision insurance.
Spine Surgeons Navigate Federal Policy Changes Impacting Practice Viability
Spine surgeons adapt to evolving federal healthcare policies including Medicare reimbursement cuts and the CMS TEAM Model, affecting practice operations and care delivery.
Vault Medical Services Settles False Claims Act Allegations with $8M Penalty
Vault Medical Services settled for $8M over allegations of submitting false claims to the HRSA COVID-19 Uninsured Program for insured patients, underscoring regulatory scrutiny on insurance claims.
Multi-State Unemployment Insurance Fraud Gains $4M in Pandemic Assistance Funds
A Pontiac man pleaded guilty to orchestrating a multi-state unemployment insurance fraud scheme involving over $4 million in Pandemic Unemployment Assistance funds. This case underscores enforcement efforts against fraud impacting state unemployment programs.
Federal Charges and Guilty Plea in $10M COVID-19 Unemployment Benefits Fraud Scheme
A Nigerian man pleaded guilty to charges related to a $10 million COVID-19 unemployment benefits fraud scheme involving multiple states and sophisticated identity theft and cryptocurrency tactics. DOJ enforcement and task force coordination highlight pandemic relief program vulnerabilities.
Grand Rapids Emerges as Growing Hub for Insurance Industry with Strong Job Growth
Grand Rapids sees robust growth in insurance industry jobs and businesses, driven by major employers like Acrisure and Farmers Insurance, with significant downtown corporate relocations enhancing the market.
ReSource Pro and Ascend Unveil AI-Enhanced Direct Bill Commission Reconciliation
ReSource Pro partners with Ascend to enhance Direct Bill Complete with AI-driven automation, reducing costs and improving accuracy in insurance commission reconciliation for brokerages.
ReSource Pro Integrates AI to Enhance Direct Bill Commission Processing
ReSource Pro integrates Ascend's AI technology to streamline direct bill commission reconciliation, reducing manual work and improving accuracy for insurance brokerages.