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$27,000 a Year for Health Insurance. How Can We Afford That?
28+ min ago (253+ words) The debate over whether to extend the expanded Affordable Care Act subsidies has consumed lawmakers over the past two months, precipitated a government shutdown and sparked Republican infighting. Unfortunately, it's the wrong debate. While I believe we should extend the subsidies, which expire at the end of the month, to help families pay their insurance premiums, doing so wouldn't fix the underlying problem: surging health care spending. That's the reason we need the subsidies in the first place, and it's bankrupting families and shredding jobs for low- and middle-income workers across the economy. Just how bad is it? The best evidence we have shows that rising health spending in the United States since 1975 can explain roughly the same share of the growth in income inequality as increased trade, outsourcing or automation. It has pushed down wages, fueled inequality and left…...
Here’s Why Shift4 Payments Inc. (FOUR) Declined -21.9% in Q3
31+ min ago (649+ words) Brown Brothers Harriman, an investment management company, released its Q3 2025 investor letter for the BBH Select Series " Mid Cap Fund. A copy of the same can be downloaded here. In the quarter, the fund decreased by -0.9% on a total return basis compared to the Russell Midcap Index's 5.3% return. The Fund has [] Brown Brothers Harriman, an investment management company, released its Q3 2025 investor letter for the BBH Select Series - Mid Cap Fund. A copy of the same can be downloaded here. In the quarter, the fund decreased by -0.9% on a total return basis compared to the Russell Midcap Index's 5.3% return. The Fund has decreased by a total return of -1.8%, YTD, compared to 10.4% for the Index. The third quarter experienced a boost in the low-quality rally that started late last year and gained momentum throughout 2025. For more information on the fund's best picks in…...
Plan-switching, sign-up impersonations: Obamacare enrollment fraud persists
2+ hour, 7+ min ago (1189+ words) Florida resident Keith Jones says his Affordable Care Act insurance plan was changed multiple times this year without his permission. Now the 52-year-old is struggling with his health problems while facing large premium bills he says he shouldn't owe. The third time, he sought help from an insurance agent, who got Jones on the phone with the federal healthcare.gov call center to sort things out. During that call, "literally, there was someone opening a new policy without my consent," Jones said. Despite new rules that went into effect in mid-2024 aimed at thwarting such unauthorized ACA changes, it's still happening, said Florida-based agent Jason Fine, who is trying to help Jones and dozens of other clients unravel such switches. The Government Accountability Office, an independent government watchdog, on Dec. 3 issued a sharply critical, though preliminary, report saying that years of…...
More than 10,000 in Massachusetts drop health insurance plans for 2026
2+ hour, 12+ min ago (50+ words) Health care premiums are set to skyrocket, and thousands of Massachusetts residents are dropping plans they obtained through a state exchange. WBZ-TV's Anna Meiler reports. More than 10,000 in Massachusetts drop health insurance plans for 2026 More than 10,000 in Massachusetts drop health insurance plans for 2026...
Nationwide premium shock looms as ACA subsidies near expiration
4+ hour, 29+ min ago (855+ words) Americans across the country are facing what lawmakers and news outlets describe as "huge sticker shock" as Affordable Care Act (ACA) health insurance premiums surge ahead of the possible expiration of enhanced federal tax credits at the end of December. The announcement highlights widespread reporting from national and local outlets showing families, cancer patients, small-business'MoreNationwide premium shock looms as ACA subsidies near expiration Nationwide premium shock looms as ACA subsidies near expiration Americans across the country are facing what lawmakers and news outlets describe as "huge sticker shock" as Affordable Care Act (ACA) health insurance premiums surge ahead of the possible expiration of enhanced federal tax credits at the end of December. The announcement highlights widespread reporting from national and local outlets showing families, cancer patients, small-business owners and retirees confronting monthly premium increases ranging from hundreds to thousands of…...
States try to lower cost of ACA premiums as debate to extend subsidies continues
4+ hour, 37+ min ago (72+ words) As lawmakers debate extending federal Affordable Care Act subsidies, some states are trying to protect coverage for residents whose health care premiums could skyrocket if the tax incentives expire. States try to lower cost of ACA premiums as debate to extend subsidies continues As lawmakers debate extending federal Affordable Care Act subsidies, some states are trying to protect coverage for residents whose health care premiums could skyrocket if the tax incentives expire....
Why Zurich Kotak Car Insurance Is Becoming the Preferred Choice in India
6+ hour, 10+ min ago (12+ words) Why Zurich Kotak Car Insurance Is Becoming the Preferred Choice in India...
Business News | Why Zurich Kotak Car Insurance Is Becoming the Preferred Choice in India
6+ hour, 10+ min ago (230+ words) Also Read | Maharashtra Government Steps Up Detection of Fake Medicines, Cough Syrups. Also Read | 'I've Never Gotten Work Done': Sydney Sweeney Breaks Silence on Plastic Surgery Rumours, Says Everybody on Social Media Is Insane. Such flexibility allows customers to customise their policy based on car model, age, usage and risk exposure, making Zurich Kotak suitable for both new and seasoned vehicle owners. Rewarding policyholders with no claim bonusZurich Kotak extends No Claim Bonus (NCB) benefits to customers who complete a policy year without filing a claim. With each claim-free year, the NCB percentage rises, leading to significant savings on future premiums.For safe drivers and cautious owners, this feature creates long-term value while promoting responsible driving habits. Trusted by a fast-growing customer baseAs awareness grows and more car owners share positive experiences, Zurich Kotak Car Insurance is gaining recognition as…...
Protection of business owners' health is fundamental to economic prosperity - Akpoveta
7+ hour, 9+ min ago (451+ words) Isaac Akpoveta, Director-General of Delta State Contributory Health Scheme Commission (DSCHC), has explained why the agency extends its insurance scheme to the Micro, Small and Medium Enterprises (MSMEs) in the State, saying protecting the health of business operators is fundamental to sustaining economic prosperity. "When we keep our MSMEs operators healthy, we keep Delta State prosperous, he said. Akpoveta, a medical doctor and health administrator gave the explanation while addressing the over 1,500 business operators that participated at the just concluded Delta State MSMEs Summit organised by the Delta State Micro Small and Medium Enterprises Development Agency (DEMSMEDA). According to him, the agency is committed to safeguarding the enterprises from the financial risks associated with emergencies. Represented by Okeoghene Owigho, a medical doctor and deputy director in the Commission, he conveyed his warm congratulations to DEMSMEDA for hosting the summit with…...
Pfizer To Pay $150 Million Upfront To Fosun Pharma In New China Move
7+ hour, 26+ min ago (208+ words) In its latest agreement with a China partner, Pfizer said on Tuesday it had entered into a global collaboration and license agreement with YaoPharma, a subsidiary of Shanghai Fosun Pharmaceutical, for the development, manufacturing and commercialization of a drug for chronic weight management. (See detailed announcement here.) YaoPharma will receive an upfront payment of $150 million and is eligible to receive payments associated with certain development, regulatory and commercial milestones up to $1.935 billion, as well as tiered royalties on sales, if approved, the announcement said. "Trade tensions continue to simmer and occasionally they heat up. But we believe we must continue to place our confidence in dialogue," Pfizer Chairman Albert Bourla said of U.S.-China ties in September at a gala meeting in New York of the National Committee on U.S.-China Relations. (See related post here. ) Fosun Pharmaceutical is a spinoff from…...