INSURASALES

Tag: compliance

Audit finds New York's Medicaid program lost nearly half a billion dollars by not enrolling eligible seniors in Medicare,

Audit finds New York's Medicaid program lost nearly half a billion dollars by not enrolling eligible seniors in Medicare, costing state budgets as federal funding declines. Recommendations urge improved enrollment procedures and state-local coordination.

Allianz Life Reports Data Breach Affecting 1.4 Million Customers

Allianz Life Insurance disclosed a data breach compromising personal information of 1.4 million customers, highlighting cybersecurity challenges in the insurance industry and compliance implications.

UnitedHealth Cooperates with Federal Investigations of Medicare Advantage Practices

UnitedHealth Group is cooperating with federal investigations into its Medicare Advantage billing practices amid scrutiny over diagnosis-based payments. The insurer faces civil and criminal probes amid increased healthcare utilization and financial pressure.

Prudential Financial Discloses Insurance Product Details and Compliance Framework

Explore Prudential Financial's insurance products and compliance disclosures, highlighting regulatory adherence and digital management tools for annuities and life insurance.

Impact of Health Insurance Loss on Credit Scores Among Low-Income Americans

Explore how potential health insurance losses are affecting credit scores among low-income Americans and the resulting implications for insurance industry compliance and market strategies.

Aflac Cyberattack Highlights Rising Insurance Industry Cybersecurity Challenges

Aflac detected and contained a cyberattack affecting sensitive customer data, emphasizing growing cybersecurity risks in the U.S. insurance industry and highlighting the importance of robust incident response and customer protection measures.

Louisiana Prohibits Auto Rate Increases Solely Based on Age 65 and Older

Louisiana's new law bans auto insurers from raising rates solely because drivers turn 65, impacting premium pricing and regulatory compliance.

California Physician Sentenced for $1.5M Medicare Home Health Fraud Scheme

A California physician was sentenced for a $1.5 million Medicare home health care fraud involving false certifications and fraudulent billing. The case underscores critical compliance challenges in Medicare billing processes.

GOP Provision Blocks ACA Funds for Abortion-Covering State Health Plans

A GOP tax provision blocks ACA funds from states covering abortion in health plans, pressuring states like New York to choose between abortion access and federal healthcare funding.

U.S. Health Care Price Transparency Gains with State and Federal Enforcement

Explore how recent state laws and federal policies are advancing hospital price transparency in the U.S., enhancing enforcement and empowering patients and employers with clearer healthcare cost data.