The toxic alphabet soup that almost took down Wall Street is staging a comeback (September 2019)
Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending. - Banks, insurance companies, hedge funds and others were hungry to partake, but what seemed like easy profit at first stopped…#mbs #cds #credit #cdos #securities #reliefprogram #assetrelief #profit #troubledasset #profitgeneratingmachine (Source: Reuters: Health)
Source: Reuters: Health - November 27, 2022 Category: Consumer Health News Source Type: news

How Hospital Emergency Preparedness Is Evolving
The biggest lesson COVID-19 taught hospitals is how thin they can be stretched—and that includes morale, says Dr. Yves Duroseau, chair of emergency medicine and co-chair of disaster planning services at Lenox Hill Hospital in New York. Over the past nearly-three years, “We saw widespread burnout of staff trying to go above and beyond, every single day. That’s not sustainable—it’s too overwhelming,” he says. “That’s why we’re looking at what to do now, because COVID is still a threat, and now we’re looking at issues like monkeypox and polio. Everyone wonders: What&...
Source: TIME: Health - November 25, 2022 Category: Consumer Health News Authors: Elizabeth Millard Tags: Uncategorized Health Care healthscienceclimate Source Type: news

Mapfre offers one-time 400-euro bonus to employees to offset inflation By Reuters
MADRID (Reuters) - Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000 employees in Spain to help them cope with soaring inflation. The company provided a 350 euro bonus in July. "These are two extraordinary actions seeking to compensate the…#spanishinsurer #insurermapfre #eurobonus #soaringinflation #spanish #christmas #inflation #mapfre #bonus #euro (Source: Reuters: Health)
Source: Reuters: Health - November 24, 2022 Category: Consumer Health News Source Type: news

You Can Still Get Free COVID-19 Tests Through Insurance
Planning to gather with loved ones over the holidays? Here’s a timely reminder that every member of your family enrolled in health insurance is eligible for eight free rapid at-home COVID-19 tests every month. That goes for whatever insurance you have—whether it’s through Medicare, the Affordable Care Act marketplace, Medicaid, or your employer—because rapid-test reimbursement is still required by the federal government. There are two main ways to purchase these tests. The first is to pick them up at a pharmacy or store that your plan designates as “in-network.” If you’re on Medica...
Source: TIME: Health - November 21, 2022 Category: Consumer Health News Authors: Tara Law Tags: Uncategorized COVID-19 healthscienceclimate Source Type: news

Like Other Retailers, Walmart Wants Insurers to Pay Opioid Costs
Walmart says its insurance companies are obligated to cover its defense costs, settlements, judgments and other losses involving the opioid lawsuits, but aren’t doing so. (Source: Arkansas Business - Health Care)
Source: Arkansas Business - Health Care - November 21, 2022 Category: American Health Source Type: news

Little Rock Firm Pioneers Equine Insurance
Connaway & Associates Equine Insurance Services Inc. in Little Rock is one of the nation’s largest insurance companies that specialize in insuring horses. (Source: Arkansas Business - Health Care)
Source: Arkansas Business - Health Care - November 21, 2022 Category: American Health Source Type: news

TMX CEO John McKenzie says Ottawa ’s proposed tax on share buybacks is ‘bad policy.’ He’s right
The Trudeau government keeps picking on public companies. After slapping large banks and insurance companies with a special levy and a discriminatory surtax on their profits, Liberal legislators are concocting a new cash grab that targets a larger swath of our capital markets. Ottawa plans to…#buybacks #mckenzie #trudeau #ottawa #buyback #liberallegislators #profits #proposed #johnmckenzie #legislators (Source: Reuters: Health)
Source: Reuters: Health - November 20, 2022 Category: Consumer Health News Source Type: news

Angle Health, the digital-first health insurer, expanding to Cleveland
Angle Health provides smaller employers with health care benefit plans that are powered by AI and often offered to employees digitally. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 18, 2022 Category: Pharmaceuticals Authors: Mary Vanac Source Type: news

Doctors Fume Over Harmful Delays in Prior Authorizations Doctors Fume Over Harmful Delays in Prior Authorizations
Physicians feel overwhelmed by the rising volume of prior authorizations that insurers require and denials that can harm patients, sounding off in a recent Medscape poll.Medscape Medical News (Source: Medscape Medical News Headlines)
Source: Medscape Medical News Headlines - November 18, 2022 Category: Consumer Health News Tags: Internal Medicine News Source Type: news

Atrium Health partners with insurer Ambetter on federal health insurance plans in Triad, Charlotte
Patients insured by Ambetter of North Carolina will now be able to access Atrium Health in both the Triad and Charlotte markets through a new partnership. (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 17, 2022 Category: Pharmaceuticals Authors: Lillian Johnson Source Type: news

New data show how insurers and middlemen shift Rx costs onto patients
There is only one place in the health care system where middlemen refuse to share negotiated prices with patients, and that ’s at the pharmacy counter. Anew report reveals how this harmful tactic leads to higher costs for patients. (Source: The Catalyst)
Source: The Catalyst - November 16, 2022 Category: Pharmaceuticals Authors: Brian Newell Tags: Adherence Drug Cost Health Insurance Out-of-Pocket Costs Pharmacy Benefit Managers Source Type: news

3 insurance trends informing small business owners ’ coverage decisions
In early 2020, COVID-19 changed life as we know it. Small businesses closed and then reopened with new safety procedures in place. Employees quit in the millions, forcing business owners to reexamine their staffing policies, salaries and benefit packages. This was just the tip of the iceberg. More changes were yet to come, including financial constraints and a rapidly changing consumer market. This sudden and dramatic shift left small business owners interacting with their insurance companies differently … (Source: bizjournals.com Health Care:Pharmaceuticals headlines)
Source: bizjournals.com Health Care:Pharmaceuticals headlines - November 14, 2022 Category: Pharmaceuticals Authors: Cigna + Oscar Source Type: news