News
Insurers expand children's coverage as policy support fuels race for long-term customers
5+ hour, 43+ min ago (392+ words) First-graders greet each other on their first day of school at Daegu Jangdong Elementary School, March 3. Yonhap Insurers are expanding children's coverage as they race to lock in long-term customers, buoyed by government efforts to tackle low birthrates and ease…...
ACA fraud is real. It's time to get serious about fixing it - The Korea Times
1+ mon, 3+ week ago (266+ words) In a series of YouTube ads viewed more than 195 million times, a red-lipped Taylor Swift tells viewers about a "new thing" in Florida: Just visit a website, answer two questions and the state will send you a $6,400 stimulus check. Sound…...
President triggers price cuts in sanitary pad market - The Korea Times
2+ mon, 1+ day ago (412+ words) Sanitary pads are displayed at a supermarket in Seoul, April 17, 2024. Newsis A growing number of companies are joining the trend of offering low-priced sanitary pads, after President Lee Jae Myung repeatedly criticized the "relatively expensive" prices of menstrual products in…...
Insurance industry faces muted outlook despite premium hikes in 2026
3+ mon, 2+ day ago (515+ words) Although premium hikes for auto insurance and indemnity health insurance are set for 2026, the insurance sector remains pessimistic as modest increases, combined with already elevated loss ratios, are unlikely to deliver a meaningful boost to its profitability, dampening expectations for…...
Life insurance payouts, post office banking to expand under 2026 financial reforms
3+ mon, 4+ day ago (355+ words) Financial Services Commission Chairman Lee Eog-weon, right, speaks during a meeting on eradicating illegal private lending at the Seoul Financial Welfare Counseling Center office in Seoul, Monday. Yonhap Starting in 2026, policyholders will be able to receive death benefits from whole…...
Medicaid fraud is a problem. But so is a lack of understanding about the program
3+ mon, 6+ day ago (622+ words) Medicaid is a federal program jointly funded with the states, providing health and long-term care insurance to more than 80 million low-income Americans. And if you didn't know all of that, you're not alone. Marketing efforts have succeeded in disguising Medicaid,…...
Regulator to unveil measures this month for troubled MG Life Insurance - The Korea Times
10+ mon, 3+ week ago (32+ words) The country's financial regulator will unveil a feasible and desirable option for financially feeble MG Non-Life Insurance later this month, its chief said Wednesday. MG Non-Life Insurance has been on......