Written by When wealth manager Peter D’Arruda talks about the “old days” for annuities, he isn’t talking about the Roman Empire, where these income-generating insurance products were invented and payments were calculated with an abacus. He’s talking about last year, when guaranteed payouts and benefits on all kinds of annuities were far more generous. For example, he [...]
READ MORE »NHIF Sh900 Million ‘Was Invested’ – AllAfrica.com
The National Hospital Insurance Fund yesterday denied that Sh900 million was wired to an account in Jersey. It explained that it had used the money “to meet various payments under the scheme”, without elaborating. NHIF said in a statement that it had invested in short term deposits at Kenya Commercial Bank (Sh800 million), National Bank [...]
READ MORE »Health-insurance refunds on the way – AZ Central.com
Arizona consumers and businesses can expect to collect more than $36 million in refunds this summer from health-insurance companies under new provisions of the nation’s health-care law, according to two reports. The reports show consumers who have purchased individual health-insurance plans will get $24.4 million in refund checks or credits to future premiums. Insurers also [...]
READ MORE »Obama, Romney On Health Care: So Close, Yet So Far – NPR
Enlarge Win McNamee/Boston Globe via Getty Images President Obama is applauded after signing the health care overhaul during a ceremony in the White House on March 23, 2010. Then-Gov. Mitt Romney signs a Massachusetts health care overhaul at Faneuil Hall in Boston on April 12, 2006. Win McNamee/Boston Globe via Getty Images President Obama is [...]
READ MORE »Health care slashed – Beloit Daily News
SPRINGFIELD, Ill. (AP) — Hundreds of thousands of people would see their health care cut back or even eliminated under legislation approved Thursday by Illinois lawmakers in a desperate attempt to shore up the state’s crumbling budget. The Medicaid cuts include ending a prescription drug program for senior citizens, halting two programs that provide health [...]
READ MORE »eHealth, Inc. to Present at the Cowen and Company 40th Annual Technology … – MarketWatch (press release)
MOUNTAIN VIEW, CA, May 25, 2012 (MARKETWIRE via COMTEX) – eHealth, Inc. /quotes/zigman/100739/quotes/nls/ehth EHTH -1.02% , the nation’s leading online source of health insurance for individuals, families, seniors and small businesses, today announced that its [...]
READ MORE »AM Best Affirms Ratings of MVP Health Care, Inc.’s Insurance Subsidiaries and … – MarketWatch (press release)
OLDWICK, N.J., May 25, 2012 (BUSINESS WIRE) – A.M. Best Co. has affirmed the financial strength rating (FSR) of B+ (Good) and issuer credit ratings (ICR) of [...]
READ MORE »Fidelity National Financial, Inc. to Present at Stephens Inc. Spring … – MarketWatch (press release)
JACKSONVILLE, Fla., May 25, 2012 /PRNewswire via COMTEX/ – Fidelity National Financial, Inc. /quotes/zigman/391018/quotes/nls/fnf FNF -0.26% , a leading provider of title insurance, mortgage services and diversified services, today announced that it will be presenting [...]
READ MORE »Home-value insurance: We’re not convinced it’s a good idea – Washington Post
“You rightly point out that the decision to purchase a home often involves many factors, such as the community, the schools and proximity to work and family,” he wrote. “However, for most people, their home is their single largest investment and often represents all, or nearly all, of their net worth. Thus, loss in home [...]
READ MORE »The Fork in the Road for Health Care – New York Times (blog)
Uwe E. Reinhardt is an economics professor at Princeton. He has some financial interests in the health care field. Milliman, the global actuarial and employee benefit consulting firm, released its annual Milliman Medical Index for 2012 on May 15. Based on a large, nationwide sample of families with employment-based health insurance, the index tracks the [...]
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