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News
Medicare will end prescription drug subsidies after this year
2+ hour, 32+ min ago (221+ words) Medicare will end a subsidy program that helped lower prescription drug plan premiums after this year. The Centers for Medicare & Medicaid Services said the program is no longer needed to keep premiums stable because insurers have learned to accurately price…...
New Jersey is set to charge companies with workers on Medicaid. Other states may follow
4+ week, 16+ hour ago (755+ words) New Jersey is launching a new fee on companies whose workers have Medicaid health coverage instead of being covered by their employers. Other states are considering it, too. Democratic lawmakers and governors see it as a way to help pay…...
Millions drop Obamacare health coverage after subsidies expire and costs rise
1+ mon, 3+ day ago (242+ words) NEW YORK — About 3 million fewer people in the United States had Affordable Care Act health insurance plans in February compared with the same time last year, according to new federal data. “We know that real people lost their health insurance…...
Too sick to work, but can they prove it? New Medicaid rule worries patients
1+ mon, 2+ week ago (950+ words) NEW YORK — On hot afternoons, DeAnna Brandon’s three dogs zag around while she splashes in a backyard kiddie pool with her grandkids. These are the moments the 48-year-old blood cancer survivor cherishes — and wonders if she’ll get to have in…...
How to save big on your cell phone bill â Boston 25 News
2+ mon, 2+ week ago (541+ words) Mass. — Consumers may be overpaying hundreds of dollars annually for cellphone plans they do not need. Boston 25 Consumer Adviser Clark Howard explains there are many options for wireless services, allowing customers to cut costs while still accessing major carrier networks....
Blue Cross Blue Shield $2.67B settlement: Claimants should see payments soon
2+ mon, 3+ week ago (188+ words) A long-running class-action suit involving health insurance provider Blue Cross Blue Shield should be coming to an end, and claimants should be seeing their payments soon. The Indy Star reported that an antitrust class action lawsuit was filed against more…...
Trump unveils deal with Regeneron to lower drug prices as part of most-favored-nation initiative
3+ mon, 1+ week ago (677+ words) President Donald Trump on Thursday announced a deal with drugmaker Regeneron to lower the cost of its pharmaceutical products as part of the White House's signature drug pricing initiative. The deal involves Regeneron lowering the prices of all its current…...
New Bedford couple admits to defrauding insurance business clients out of $750K, feds say
4+ mon, 3+ day ago (297+ words) BOSTON — A married couple from New Bedford has admitted to defrauding clients seeking insurance coverage through the couple’s business, BL Insurance Brokerage LLC, the U.S. Attorney said Thursday. Brendan Lawler, 58, and Lisa Lawler, 46, pleaded guilty in federal court on…...
Local hair salon helps employees with rising health care costs
6+ mon, 3+ week ago (487+ words) The cost of health care is going up. This year, workers could see a 7% increase in premiums. We found a local business that is finding ways to offset the rise in healthcare. Alex Stephen Iacobacci loves styling hair—and loves…...
Premium flexibility: Universal life policy benefits nobody told you about
7+ mon, 5+ day ago (912+ words) Picture a mid-career professional whose income swings year to year. Some years bring surplus cash; others demand restraint. Universal life coverage was built for this exact reality. Premiums can be increased when cash flow is strong to build value faster,…...