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Sacramento Democrats increasing taxes on private health insurance

Sacramento Democrats increasing taxes on private health insurance

California Governor Gavin Newsom seems to have an insatiable appetite for increasing spending. Democrats appear to be trying to mask this spending spree with a health insurance plan as they prepare to let him leave. The Managed Care Organization Tax (MCO Tax) is essentially a fee collected from health insurance providers by the state. Recent […]

OPM provides incentives for healthcare and insurance staff to depart prior to Open Season.

Healthcare and insurance leader at OPM steps down

OPM Offers Early Retirement Incentives to Health Care Employees The Office of Personnel Management (OPM) is providing an opportunity for many employees in the health care and insurance sectors to accept voluntary incentives and retire before the busy season begins. On Monday, OPM informed employees within its health and insurance (H&I) sector that most of […]

Mother claims insurance company that made her homeless for years gives last warning

Mother claims insurance company that made her homeless for years gives last warning

A mother in Southern California has been living in a state of near-homelessness for over a year and a half. Her insurance company told her she must return to her smoke-damaged home or else lose her temporary housing support. She’s understandably hesitant about jeopardizing her children’s safety. A recent large fire in Boyle Heights, which […]

Millions lose Obamacare health insurance as subsidies end and expenses increase

Millions lose Obamacare health insurance as subsidies end and expenses increase

Health Insurance Coverage Declines in the U.S. NEW YORK (AP) — Recent estimates reveal that around 3 million fewer individuals are infected in the United States. New federal data indicates a notable decrease in health insurance plans this February compared to the same time last year. The U.S. Department of Health and Human Services released […]

Blumenthal: Connecticut Needs to Say No to Higher Insurance Rates

Blumenthal: Connecticut Needs to Say No to Higher Insurance Rates

Blumenthal Urges Rejection of Insurance Premium Hikes HARTFORD, Conn. — Senator Richard Blumenthal has joined other elected officials in calling on the Connecticut Department of Insurance to decline premium applications from four insurance companies, which would result in significant price increases for over 220,000 residents. Blumenthal, alongside Liz Dupont-Diehl from the Connecticut Citizen Action Group, […]

Exploring Iran’s plans for managing insurance in the Strait of Hormuz

Exploring Iran's plans for managing insurance in the Strait of Hormuz

Iran Negotiations and Maritime Industry Concerns As discussions continue in Switzerland regarding the conflict involving Iran, the maritime sector has a straightforward message for the White House: do not endorse Iran’s stringent measures concerning the Strait of Hormuz. Iran is demanding that all commercial vessels register with a new Iranian authority to transit through the […]

Californians Facing Rising Health Insurance Costs Alongside Suggested Tax Hike

Californians Facing Rising Health Insurance Costs Alongside Suggested Tax Hike

California Lawmakers Pass Bill to Protect Medicaid Funding On Thursday, California legislators approved a bill aimed at securing federal funding for the state’s Medicaid program. The move comes amid worries that this proposal might lead to a significant increase in private health insurance premiums. This bill responds to a recent federal directive mandating California to […]

California is increasing taxes on your health insurance.

California is increasing taxes on your health insurance.

Congress Approves Health Care Tax Bill Impacting Medicaid Funding This week, Congress approved a new health care tax bill intended to ensure continued federal funding for state Medicaid programs. Despite pushback from industry leaders who warned it could lead to increased premiums for Californians with private insurance, the tax received the green light. New federal […]