Insurance
Insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
Second Catholic university may drop health insurance (Remember 'If you like it, you can keep it'?)
Posted by admin / Under Insurance
On the heels of the decision by Franciscan University to dump their health insurance due to the combined effects of the HHS mandate and escalating costs, Fox News reports that a second Catholic university may opt to cancel their insurance coverage. For Ave Maria University in Florida, the issue appears to mainly be about the costs: Like Franciscan University, the Steubenville, Ohio, school that just announced it is dropping student coverage. Ave Maria officials are opposed to the so-called contraceptive coverage mandate. But for both schools, premium costs associated with new coverage requirements appear to be fueling their anxiety.“We’re studying...
Published on Sunday 20th of May 2012 08:11:47 PM
Bishops reject softened birth control rule
Posted by admin / Under Insurance
WASHINGTON — U.S. Roman Catholic bishops are rejecting the Obama administration's plan to accommodate faith groups that object to the birth control mandate. The bishops said in a statement Tuesday to Health and Human Services that the prospective new rules don't do enough to protect religious liberty. The mandate requires employers to provide health insurance that includes birth control for workers. The plan sparked protests from faith leaders because it included most religious nonprofits such as hospitals and colleges. President Barack Obama offered a compromise. He said insurers would bear the cost of the birth control instead of religious employers....
Published on Sunday 20th of May 2012 08:11:47 PM
Report says 230,000 unemployed losing benefits over weekend
Posted by admin / Under Insurance
Report says 230,000 unemployed losing benefits over weekendBy Vicki Needham - 05/13/12 06:24 PM ET More than 230,000 unemployed workers will lose their jobless benefits this weekend as portions of federal programs expire across several states. All told, 409,300 long-term unemployed Americans in 27 states will have lost upward of 20 weeks of federal unemployment benefits by this past Saturday, even as the many state jobless rates remain high, according to a new analysis by the National Employment Law Project (NELP). The latest batch of cuts affects 236,300 unemployed people in eight states — California (11%), Texas (7%) Pennsylvania (7.5%),...
Published on Sunday 20th of May 2012 08:11:47 PM
Dem: Gov. Christie angling for VP nod with healthcare veto (Commiecare™ insurance exchange)
Posted by admin / Under Insurance
Dem: Gov. Christie angling for VP nod with healthcare vetoBy Sam Baker - 05/11/12 09:50 AM ET Democrats say New Jersey Gov. Chris Christie was simply angling for the GOP’s vice presidential nomination when he vetoed a bill to implement part of President Obama’s healthcare law. Christie vetoed legislation Thursday to create an insurance exchange — a new marketplace for consumers to compare and buy healthcare coverage. The Affordable Care Act directs each state to establish an exchange by 2014. “This was very clearly a message to Mitt Romney saying, ‘Pick me, pick me,’ ” Rep. Rush Holt (D-N.J.) said...
Published on Sunday 20th of May 2012 08:11:47 PM
Union Ignores Reality In Complaints About Health Care Cost Increases
Posted by admin / Under Insurance
The president of the state’s largest public school union pointed out in a recent newspaper article that a teacher will soon be paying $8,000 a year for his or her own insurance. Yet the union itself is a major reason the teacher is facing higher out-of-pocket expenses, says one education expert. Insurance coverage is negotiated in union contracts and some districts are switching out of the more expensive union-backed Michigan Education Special Services Association plan to plans with less costly coverage — and saving their employees money. In a recent Detroit News op-ed, MEA President Steven Cook said that a...
Published on Sunday 20th of May 2012 08:11:47 PM
Yes, the Health-Care Mandate Is About Liberty
Posted by admin / Under Insurance
Yes, the Health-Care Mandate Is About LibertyLink only. Bloomberg probably got tired of having their pants pulled down over their shoddy shell-game logic by alert FReepers.
Published on Sunday 20th of May 2012 08:11:47 PM
Catholic church to battle Obama Administration
Posted by admin / Under Insurance
The federal Department of Health and Human Services ignited a political firestorm in January that’s still smoldering when it declared institutions of the Catholic Church would have to include coverage of contraception, sterilization and abortifacients in their employee insurance policies. Most Americans initially backed the church in its contention that the HHS requirement, conjured out of the Affordable Care Act, violated the constitutional guarantee of religious liberty by forcing the church to provide drugs and services that run counter to its moral teachings. So the Obama administration engaged in a sleight-of-hand by declaring a “compromise” in which the insurance companies,...
Published on Sunday 20th of May 2012 08:11:47 PM
No Obamacare Exchanges
Posted by admin / Under Insurance
Obamacare had a bad couple of days before the Supreme Court — so bad that President Obama made some ill-considered comments about the Court from which he still hasn't totally backpedaled. Though the oral arguments over the individual mandate and severability were encouraging, we cannot count on the Supremes to kill Obamacare. Opponents must keep fighting it on all fronts. The most important front right now is to ensure that states do not create the health-insurance exchanges Obamacare needs in order to operate. Refusing to create exchanges is the most powerful thing states can do to take Obamacare down. Think...
Published on Sunday 20th of May 2012 08:11:47 PM
The next health care overhaul? Look to employers
Posted by admin / Under Insurance
If the Supreme Court strikes down President Barack Obama's health care law, employers and insurance companies—not the government—will be the main drivers of change over the next decade and maybe even longer. They'll borrow some ideas from Obamacare, and push harder to cut costs. Business can't and won't take care of America's 50 million uninsured, but for the majority with coverage, here's what experts say to expect:
Published on Sunday 20th of May 2012 08:11:47 PM
Data Recording Black Boxes Likely in All Cars by 2015: Senate Passes Bill
Posted by admin / Under Insurance
Black boxes in cars? We’ve reported on it before, but a bill requiring such devices has recently passed the U.S. Senate and is expected to fare the same in the House. If it goes all the way, cars built after 2015 will all have tattlers to give specific information on a car’s activity. If implemented, the devices are meant to be used by emergency responders during an accident, but the applications are far from limited to those incidents. Some are worried that installing such devices offer unprecedented invasions of privacy, bordering on big brother level surveillance of everyday citizens. Going...
Published on Sunday 20th of May 2012 08:11:47 PM
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