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More than 500,000 Texans have lost Medicaid coverage as the state re-evaluates those enrolled

More than 500,000 Texans have lost their Medicaid health insurance after more than three years of continuous coverage during the COVID-19 pandemic, according to data from the state’s health and human services commission. Those affected are mostly children, young adults and new moms who had a child in the last three years. The Texans who lost their health insurance had coverage until the end of May or June, depending on when their case was processed, a spokesperson for the commission said. In March 2020, in the first few weeks of the coronavirus pandemic, the federal government instituted a new rule,…
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More than 500,000 Texans have lost Medicaid coverage as the state re-evaluates those enrolled

More than 500,000 Texans have lost their Medicaid health insurance after more than three years of continuous coverage during the COVID-19 pandemic, according to data from the state’s health and human services commission. Those affected are mostly children, young adults and new moms who had a child in the last three years. The Texans who lost their health insurance had coverage until the end of May or June, depending on when their case was processed, a spokesperson for the commission said. In March 2020, in the first few weeks of the coronavirus pandemic, the federal government instituted a new rule,…
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State worker health insurance premiums may see double-digit hikes. What CalPERS is considering

CalPERS health insurance policyholders will likely see their premiums grow by more than 11% on average next year, according to preliminary prices that the board of the nation’s largest pension will consider at its meeting next week in Monterey. The California Public Employees’ Retirement System provides health insurance for more than 1.5 million people, including roughly 770,000 state and local public employees and retires and about 770,000 dependents. The price hikes reflect the larger trend of medical inflation across the country. A combination of rising demand for non-COVID-related health services, high labor costs and a desire to recover pandemic-era losses…
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UnitedHealth Group Profits Eclipse $5.4 Billion As Optum And Health Plans Roll Despite Rising Costs

UnitedHealth Group reported nearly $5.5 billion in second quarter profits as its health insurance … [+] plans and Optum medical provider businesses grew by “double-digit” percentages despite rising costs, the company said Friday, July 14, 2023.. UnitedHealth Group Inc. signage is displayed on a monitor on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, Jan. 3, 2017. Photographer: Michael Nagle/Bloomberg © 2016 Bloomberg Finance LP UnitedHealth Group reported nearly $5.5 billion in second quarter profits as its health insurance plans and Optum medical provider businesses grew by “double-digit” percentages despite rising costs, the…
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Restaurants charging extra for water, bread and workers’ health plan

A Los Angeles restaurant has come under fire after a prominent podcaster took issue with an unfamiliar surcharge on his guest check: an extra 4% fee automatically added to the bill to help fund the workers’ health insurance. While Alimento, the restaurant in the Silver Lake neighborhood in Los Angeles, California, was singled out for the move, eateries across the US are increasingly upcharging diners beyond the stated food prices on menus. One in six restaurants said they are adding fees or surcharges to checks to combat higher costs, according to an August survey from the National Restaurant Association. Alimento’s…
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Aretha Franklin’s Wills Dispute – Rickard & Associates

If you have been following the news, you may have seen that there is a dispute regarding Aretha Franklin’s estate plan. Her sons are in court fighting over her estate and multiple wills. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Aretha Franklin died in 2018, and because she did not have a trust, she wills went through probate court where they are being disputed by her sons. A Will from 2014 and two Wills from 2010 were found…
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Preferential policies introduced for more insurance products

China has extended coverage of individual income tax preferential policies to more major commercial health insurance products such as medical insurance, long-term care insurance and disease insurance, the National Financial Regulatory Administration announced on Thursday. According to a circular issued by the administration, the authorities will no longer design standardized clauses for such insurance products so they will fully consider consumers’ needs to improve flexibility. Set insurance requirements will only be applicable to people who have pre-existing health conditions, and the design of the rest of the insurance clauses will be decided by market players. In view of insufficient insurance…
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Terminating Your Physician Employment Agreement

Many of our physician clients are unaware of their termination rights prior to meeting with us. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). If you want to terminate your employment, the first thing you need to do is read your contract. Most physician employment agreements have substantial termination provisions. You need to know what yours says regarding termination with and without cause, what notice is required, and what other provisions will be triggered by termination. Many times, employment…