This story comes to you from Sahan Journal through a partnership with MPR News.
By Ansari Grant | Sahan Journal
Marco Loera Alvarez’s father, Daniel, started losing weight at an alarming rate after his family immigrated to Minnesota in 2004 from Guadalajara, Mexico.
Daniel Loera, 60, also became irritable and often experienced a sudden loss of energy.
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He was later diagnosed with diabetes and hyperthyroidism, and put on prescription medication to control the illnesses. But Loera has…
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Major Jon Mitchell presents over $500 million budget, urges health, pension cost reform
NEW BEDFORD – Mayor Jon Mitchell presented a city budget to the council Wednesday that topped half a billion dollars.
The totals: $513,169,319.
And by far the largest portion of that is the general fund, which comes in at $458,910,392.
It’s the general fund that includes schools, public safety, and city government.
It also includes health insurance, pensions, mandatory assessments and debt services.
Mitchell was optimistic about the city’s financial future while cautioning that new budget tactics are needed.
He said it’s time to stop “ignoring the elephant in the room” which is rising healthcare and pension costs.
“Over many…
US health care system benefits insurers, not patients
Could this be the year when America starts to shift away from the employer-sponsored health insurance model?
To be sure, health care is an issue that concerns most people. Whether it is accessing care or paying for health care services, few people are free of the anxiety that comes when they or a loved one must undergo treatment for an acute life-threatening or debilitating chronic condition.
In spite of the $4 trillion spent in 2021 on health care in the United States, the highest per capita spending in the world, life expectancy in our nation continues to languish in comparison…
Kaiser Permanente Acquires Geisinger Health in $5B Mega-Deal
In one of the largest healthcare deals to date, Kaiser Permanente is acquiring Pennsylvania-based Geisinger Health and investing $5 billion to fold it into a new nonprofit subsidiary called Risant Health, which is set to purchase additional medical groups in coming years.
While regulators still must review this initial acquisition, the marriage of Kaiser and Geisinger would create a behemoth with more than $100 billion in annual revenue — 95% of it coming from the Kaiser side of the equation.
Like Kaiser, Geisinger both owns hospitals — 10 of them — and operates its own health insurance program. Unlike California-based…
“High performance network” health care insurance plans to leave patients with unexpected medical debt
A Tennessee family faced a potentially catastrophic situation when Joe Smith — a husband and father of four — was diagnosed with a brain aneurysm. Smith, of Chattanooga, had health insurance through his job with Blue Cross Blue Shield of Illinois, but the insurance company refused to pay for the surgery necessary to prevent a life-threatening rupture.
“We knew that he kind of had this ticking time bomb in his head,” Stacie Smith, Joe’s wife, said.
The insurer claimed that the neurosurgeon that Smith’s family had chosen was out of the network, and the plan had no coverage for out-of-network…
Harvard Pilgrim Health Care owner targeted by ransomware cyberattack
The company that owns Harvard Pilgrim Health Care and other major health insurance plans is responding to a ransomware attack. Point32Health released a statement stating that their staff identified a cybersecurity breach on April 17, impacting the systems used to connect to members, accounts, brokers and providers.According to the US Cybersecurity and Infrastructure Security Agency, cybercriminals will hold systems or data hostage until a ransom is paid for a decryption key, denying access and sometimes threatening to publish or sell the data. While the Harvard Pilgrim Health Care system is offline, Point32Health says medical care services will be covered as…
Remarriage and Estate Planning – Rickard & Associates
If you are getting remarried, it is essential to understand your spouse’s inheritance rights.
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Before you get married for a second or third time, you want to be aware of the rights your spouse will have to your estate and vice versa.
You may want to work with an attorney to draft a prenuptial agreement, prior to exchanging vows.
Then, you want to be familiar with the intestacy laws in your…
Health and Medical Insurance Market Giants Spending Is Going To Boom with Allianz, AXA, Aegon
Health and Medical Insurance
Stay up-to-date with Global Health and Medical Insurance Market research offered by HTF MI.
HTF Market Intelligence consulting is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services ”
— Craig Francis
PUNE, MAHARASHTRA, INDIA, April 24, 2023/EINPresswire.com/ — The Latest Released Health and Medical Insurance market study has evaluated the future growth potential of Health and Medical Insurance market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers…