Treasury, DOL, HHS: Short-Term, Limited-Duration Insurance and Independent, Noncoordinated Excepted Benefits Coverage
Notice of final rules from the Department of the Treasury, Department of Labor (DOL), and Department of Health and Human Services (HHS) amending the definition of short-term, limited-duration insurance, which is excluded from the definition of individual health insurance coverage under the Public Health Service Act. This notice also amends the regulations for hospital indemnity or other fixed indemnity insurance to be considered an excepted benefit in the group and individual health insurance markets. These regulations are effective June 17, 2024. (Source: Federal Register updates via the Rural Assistance Center)
Source: Federal Register updates via the Rural Assistance Center - April 3, 2024 Category: Rural Health Source Type: news

Tower Health rejoins insurance giant's provider network after brief hiatus
Two of the health system's suburban Philadelphia hospitals are also now part of the insurer's Medicare Advantage plan. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - April 3, 2024 Category: Pharmaceuticals Authors: John George Source Type: news

Life Insurance Agents Go Digital to Connect With Young Buyers
In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The insurance sector, once synonymous with stacks of paperwork and lengthy meetings with agents to get quotes, is no different. Today,…#insurtech #transunion #pymntsintelligence #genz #lemonade #backninesquoteapply #eapplication #quoteapply (Source: Reuters: Health)
Source: Reuters: Health - April 3, 2024 Category: Consumer Health News Source Type: news

Venture Capitalist Steve Singh and Growth Investors Acquire Direct Travel
Venture capitalist Steve Singh and a group of growth investors have acquired corporate travel management firm Direct Travel. The investors joining Singh in the acquisition include Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners and Blackstone Credit & Insurance, Direct Travel…#venture #stevesingh #directtravel #singh #madronaventures #edadams #christalbelmont #talend #belmont #concur (Source: Reuters: Health)
Source: Reuters: Health - April 3, 2024 Category: Consumer Health News Source Type: news

China, Asia-Pacific lead in uninsured climate disaster losses, highlighting need for better preparedness, Aon says
This was significantly higher than the global average of 69 per cent, according to a report released on Tuesday by the UK-headquartered professional services firm. Aon found that insured losses for Asia-Pacific totalled only US$6 billion. And while the region only accounted for around 17 per cent…#aon #asiapacific #asiapacificregion #bradweir #turkey #syria #latinamerica #middleeast #africa #mexico (Source: Reuters: Health)
Source: Reuters: Health - April 2, 2024 Category: Consumer Health News Source Type: news

Trump Built His Brand Bashing Obamacare. Now It ’s More Popular Than He Is.
This article is part of The D.C. Brief, TIME’s politics newsletter. Sign up here to get stories like this sent to your inbox. A decade and a half ago, the Affordable Care Act set the stage for Donald Trump’s White House victory. The conservative backlash to Democrats’ massive and agenda-setting health care proposal was so strong that it gave rise to a newly empowered far-right faction in Congress, inspired a whole generation of angry political neophytes, and almost made Barack Obama a one-term President. Now, a solid 14 years later, those same rabble rousers seem to have convinced Trump, who spent year...
Source: TIME: Health - April 2, 2024 Category: Consumer Health News Authors: Philip Elliott Tags: Uncategorized Donald Trump Source Type: news

Biosimilar Biologics Do Not Always Reduce Out-of-Pocket Costs
TUESDAY, April 2, 2024 -- Biosimilar competition is not consistently associated with lower out-of-pocket (OOP) costs for commercially insured outpatients, according to a study published online March 29 in JAMA Health Forum.Kimberly Feng, M.D.,... (Source: Drugs.com - Pharma News)
Source: Drugs.com - Pharma News - April 2, 2024 Category: Pharmaceuticals Source Type: news

Americans are draining their retirement accounts, racking up debt due to high inflation
Chronic inflation hinders millions of Americans' ability to prepare for their financial future, according to a new study published by Allianz Life. Findings from the Allianz Life Insurance Company of North America show that U.S. households are draining their retirement savings, taking on debt and…#allianzlife #kellylavigne #hardship #labordepartment #original (Source: Reuters: Health)
Source: Reuters: Health - April 2, 2024 Category: Consumer Health News Source Type: news

Why Are Health Insurance Stocks HUM, UNH, CI Down Today?
Health insurance stocks are falling on Tuesday after President Joe Biden’s administration announced that it won’t increase Medicare Advantage rates for 2025. This comes as a surprise to health insurance companies, as the government typically increases its rates compared to its initial proposals.…#medicareadvantage #humana #unitedhealth #unh #cigna #ubisoft #otcmkts #gritstonebio #grts #williamwhite (Source: Reuters: Health)
Source: Reuters: Health - April 2, 2024 Category: Consumer Health News Source Type: news

Mothers Against Drunk Driving ® (MADD) Launches The MADD Network to Address Surge in Impaired Driving Fatalities
MADD welcomes inaugural members Amica Insurance, Diageo North America, Nationwide, NFL, and UKG, and invites others to unite in its shared mission of ending impaired driving. IRVING, Texas, April 2, 2024 /PRNewswire-PRWeb/ -- Mothers Against Drunk Driving® (MADD) is officially launching... (Source: PRWeb: Medical Pharmaceuticals)
Source: PRWeb: Medical Pharmaceuticals - April 2, 2024 Category: Pharmaceuticals Tags: NPT PDT Source Type: news

Health insurance stocks hurting on 2025 Medicare Advantage rates
Insurance providers CVS Health (CVS), UnitedHealth Group (UNH), and Humana (HUM) are seeing stock declines ahead of Tuesday's market open as the Biden administration remained adamant on its stance on Medicare Advantage payment rates, ultimately coming below what insurance companies were demanding.…#cvshealth #unitedhealthgroup #unh #humana #medicareadvantage #yahoofinancelive #morningbrief #lukecarberrymogan (Source: Reuters: Health)
Source: Reuters: Health - April 2, 2024 Category: Consumer Health News Source Type: news

CMS: Medicaid Program; Streamlining the Medicaid, Children's Health Insurance Program, and Basic Health Program Application, Eligibility Determination, Enrollment, and Renewal Processes
Notice of final rule from the Centers for Medicare& Medicaid Services (CMS) making changes to simplify the eligibility and enrollment processes in Medicaid, the Children's Health Insurance Program (CHIP), and the Basic Health Program. This rule aligns enrollment and renewal requirements for most individuals in Medicaid; creates timeliness requirements for redeterminations of eligibility; makes transitions between programs easier; eliminates access barriers for children enrolled in CHIP by prohibiting premium lock-out periods, benefit limitations, and waiting periods; and modernizes recordkeeping requirements to ensure prop...
Source: Federal Register updates via the Rural Assistance Center - April 2, 2024 Category: Rural Health Source Type: news

US Home Insurance Premiums May Hit Record This Year
(Source: Reuters: Health)
Source: Reuters: Health - April 1, 2024 Category: Consumer Health News Source Type: news

US Home Insurance May Reach Record High
The three most important factors in determining the desirability of a property: insurance, insurance, insurance. Amid an increase in severe weather events, insurance rates in the US are skyrocketing toward record highs, with homes in some regions approaching uninsurable, according to a report out…#insurify #florida #cygnal #oklahoma #mississippi #farmersinsurance #statefarm #midwest #dailyupside (Source: Reuters: Health)
Source: Reuters: Health - April 1, 2024 Category: Consumer Health News Source Type: news

Out-of-state car insurance
Every state has its own car insurance laws, especially regarding minimum coverage requirements and accidents. A standard auto insurance policy is based wherever you keep your car but will extend coverage out-of-state and bend to the car insurance laws of whatever state you’re visiting. However, if…#mexico #mexican #learn #dmv #maryland #florida #driverlicensecompact #michigan #wisconsin #dlc (Source: Reuters: Health)
Source: Reuters: Health - April 1, 2024 Category: Consumer Health News Source Type: news