Insurance
Amazon, JPMorgan, Berkshire Creating New Health Care Company
By The Associated Press | January 30, 2018 | Reprints | Unlock Link
Amazon is diving into health care, teaming up with Warren Buffett’s Berkshire Hathaway and the New York bank JPMorgan Chase, to create a company that helps their U.S. employees find quality care “at a reasonable cost.”
Trinity Health of New England Announces New CEO
January 26, 2018 | Reprints | Unlock LinkAfter a nationwide search, Trinity Health of New England will install a new CEO in the spring. Reginald J. Eadie will be the system’s new president and CEO, beginning on March 26. Eadie will replace Roger Spoelman, who has served as interim president and CEO since Christopher Dadlez stepped down at the end of 2017.
Malloy Appoints Director for Newly Created Office
January 24, 2018 | Reprints | Unlock LinkGov. Dannel P. Malloy appointed Victoria Veltri to serve as executive director of the state’s Office of Health Strategy, a new state office created through the consolidation of several existing resources as part of the bipartisan state budget that was adopted in October.
NYC Halts $9.6M Incentive Package to Move Aetna to City
By The Associated Press | January 11, 2018 | Reprints | Unlock LinkNew York City is halting a $9.6 million incentive package offered to Aetna to move its headquarters to the city.
Leadership Greater Hartford Receives $2,400 from Aetna
January 10, 2018 | Reprints | Unlock LinkLeadership Greater Hartford received a $2,400 sponsorship award from Aetna in support of four youth to attend their Summer Nexus youth leadership development program.
Lawmakers Pushing Ahead with Plans for Medicare Program Fix
By The Associated Press | January 5, 2018 | Reprints | Unlock LinkConnecticut lawmakers are expected to move forward next week with plans to restore funding for a program that helps about 140,000 seniors pay for Medicare expenses, despite a last-minute decision by Gov. Dannel P. Malloy to further delay the planned eligibility cuts.
Connecticut Residents Face Health Insurance Deadline
By The Associated Press | December 22, 2017 | Reprints | Unlock LinkConnecticut residents are running out of time to sign up through the state’s online health insurance exchange for coverage starting in the new year.
Lawmakers Likely To Vote In 2018 On Fix To Medicare Program
By The Associated Press | December 20, 2017 | Reprints | Unlock LinkConnecticut lawmakers say they’ll likely pass a plan in the new year to permanently replenish funds to a program that helps cover Medicare-related expenses for tens of thousands of indigent senior citizens and people with disabilities.
Guest Post: Imminent NFIP Lapse Will Mean Trouble For Homebuyers In Flood Plains
By Joe Rossi | December 19, 2017 | Reprints | Unlock LinkIf there is one thing that 2017 has taught us, it’s that uncertainty is certain. From international dealings to domestic policy, no time has been as uncertain as now. There’s no exception when talking about the National Flood Insurance Program.
California Department Of Insurance Seeks To Suspend Wells Fargo’s Licenses
By Reuters | December 6, 2017 | Reprints | Unlock LinkThe California Department of Insurance is seeking to suspend or revoke Wells Fargo & Co.’s licenses for alleged improper insurance sales practices related to the company’s online insurance referral program.
CVS Health To Acquire Aetna For $69B In Year’s Largest Acquisition
By Reuters | December 4, 2017 | Reprints | Unlock LinkU.S. drugstore chain operator CVS Health Corp. said on Sunday it had agreed to acquire Hartford-based U.S. health insurer Aetna Inc. for $69 billion, seeking to tackle soaring health care spending through lower-cost medical services in pharmacies.
Lawmakers Urged To Prevent Insurance Contract Disputes
By The Associated Press | November 29, 2017 | Reprints | Unlock LinkConnecticut lawmakers were urged Tuesday to consider ways to possibly avoid or mitigate any future contract impasses between insurance companies and health care systems, like the seven-week dispute between Hartford HealthCare and Anthem Blue Cross Blue Shield that affected tens of thousands of residents.
Insurance Commissioner: Veterans Can Be Reimbursed For Licensing Exam Fees
November 13, 2017 | Reprints | Unlock LinkInsurance Commissioner Katharine L. Wade recently announced that U.S. veterans applying for insurance licenses are eligible to be reimbursed for licensing exam fees.
In Finance, Girls Are Worth The Investment
By Bram Berkowitz | November 7, 2017 | Reprints | Unlock LinkSeema Hingorani in 2015 founded Girls Who Invest, a nonprofit aimed at getting more female fund managers into asset management and other realms of finance. Hingorani aims to have 30 percent of the world’s investable capital managed by women by 2030.
Lawmakers Create ‘Insurance Company’ To Help Homeowners
By The Associated Press | November 6, 2017 | Reprints | Unlock LinkConnecticut legislators are looking to help hundreds, if not thousands, of homeowners whose foundations are crumbling because of an iron sulfide found in the concrete by creating the state’s own insurance company.
Aetna 3Q Profit Soars, Issues Strong Forecast
By Mike Flaim | November 1, 2017 | Reprints | Unlock LinkAetna trumped third-quarter earnings expectations and raised its 2017 forecast again, even as the health insurer’s withdrawal from the Affordable Care Act’s insurance marketplaces contributed to a revenue miss. The nation’s third-largest insurer balanced a 5 percent...
Despite Washington, Connecticut Health Exchange Soldiers On
By The Associated Press | October 23, 2017 | Reprints | Unlock LinkIt’s still business as usual for Connecticut’s health insurance marketplace, despite failed congressional efforts to repeal and replace former President Barack Obama’s health care law and President Donald Trump’s proposal to stop federal payments to insurers.
Man Facing Prison For Staging Crashes In Fraud Scam
By The Associated Press | October 23, 2017 | Reprints | Unlock LinkFederal prosecutors are seeking more than a year in prison for a Norwich man convicted in an insurance scam involving staged car crashes in eastern Connecticut.
Connecticut Joins Lawsuit Defending Affordable Care Act
October 16, 2017 | Reprints | Unlock LinkConnecticut joined with 17 other states and the District of Columbia in filing a lawsuit against the Trump administration’s decision to abruptly stop making health care cost-sharing reduction (CSR) subsidy payments required by the federal Affordable Care Act (ACA) – a...
Comptroller Urges Anthem, Hartford HealthCare To Reach Deal
By The Associated Press | October 3, 2017 | Reprints | Unlock LinkConnecticut Comptroller Kevin Lembo is urging Anthem Blue Cross and Blue Shield and Hartford HealthCare to reach a deal to keep thousands of residents from paying much higher costs for health care.
