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Things HNWIs Should Check Before a Health Insurance Purchase

The High Net Worth Individuals (HNWIs) are known for keeping a portfolio of diverse insurance purchases. While many of us take for granted the utility of insurance, these individuals, in particular, will continue to explore better opportunities where they can get the most out of these policies. why? Because they understand the risks and want to avoid experiencing the aftershocks of the same. One such insurance policy they would run to purchase at first instance is health insurance. Now, what policy you purchase depends on what antecedents you have and what your requirements are. In case you are an HNWI…
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Can You Prevent a Whistleblower Lawsuit?

When a whistleblower suit is brought against a company or practice, there are usually many warnings that were ignored or not dealt with appropriately. Many times, wrongdoings are brought to light internally first and properly addressing concerns can prevent a lawsuit. 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). Often, the employee who becomes the whistleblower tries to raise the issue internally before going outside the company. There are also fears of retaliation by many whistleblowers. Fear of retaliation…
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Florida is not doing enough to keep children on Medicaid, health advocates warn

Credit: Unsplash/CC0 Public Domain Health care advocates are sounding the alarm over how Florida is handling last month’s end of emergency Medicaid, which they color could force thousands of eligible children to lose medical coverage because their parents don’t know they must apply to the federal program. One reason they don’t know, according to advocates, is that Florida officials haven’t done enough to reach out to families and that some of its messaging is causing confusion. Some advocates are also asking why Florida isn’t taking advantage of a federal waiver that would ensure stable health coverage for their youngest and…
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Democratic lawmakers press Newsom to spend millions from health insurance fines

When Gov. Gavin Newsom took office four years ago, the Democrats went after Republicans on the national stage as they sought to gut the Affordable Care Act. Key to his ambitious healthcare agenda: reinstating the fine on Californians who don’t have health coverage, which had been eliminated at the federal level. It was a tough sell for a new governor, and Newsom needed strong allies among state Democratic leaders, who at the time, in 2019, voiced concern about essentially levying a new tax on Californians unable to afford the rising cost of healthcare. Democrats, who, then as now, controlled the…
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International Health Insurance Market Report 2023: Keep Up to Date With Trends in IPMI and How the Market is Changing

DUBLIN, May 26, 2023 /PRNewswire/ — The “International Health Insurance 2023” report has been added to ResearchAndMarkets.com’s offers. The latest information, facts and figures on international health insurance International Private Medical Insurance (IPMI) is a key global health insurance product for many insurance companies, brokers and MGAs. It is a dynamic market that is seeing major new partnerships, selling and buying of insurers or business books, technological changes and much more. New compulsory health insurance and universal health insurance affects demand in a positive as well as negative way. Brokers and insurers expect strong growth in 2023 and future years.…
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Workers value paid time off more than health insurance, the survey suggests

Paid time off is important to many workers.Kena Betancur/Getty Images More workers said paid leave was extremely important to them than those valuing health insurance. That was one finding of a survey conducted by the Pew Research Center. Almost half of workers who get paid time off don’t usually use up all their allocation, it was found. Workers appear to value paid time off even more than having employer-funded health insurance, a recent study found. The Pew Research Center report called “How Americans view their jobs” found 62% of the 5,900 people surveyed felt it’s “extremely” important to have paid…
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Major Mass. health insurance provider says customer data was ‘copied and taken’ in cyberattack

A pair of major Massachusetts and New Hampshire health insurance companies are warning subscribers that a cybersecurity ransomware incident in March and April has compromised some members’ personal information. Point32Health, the corporate parent of Harvard Pilgrim Health Care and Tufts Health Plan, said in April that the threat impacted systems that are used to service customers, accounts, brokers, and providers, officials said. It proactively took certain systems offline to contain the threat out of an “abundance of caution” after “detecting an unauthorized party.” “Unfortunately, the investigation identified signs that data was copied and taken from our Harvard Pilgrim systems from…
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GoHealth Confirms Receipt of Unsolicited Acquisition Proposal From Centerbridge Partners and NVX Holdings

CHICAGO, May 19, 2023 /PRNewswire/ — GoHealth, Inc. (GoHealth) (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, as noted in a recent 13D filing, has received a proposal from its two largest shareholders to acquire all of the outstanding Class A Common Stock and LLC Interests that these shareholders do not already own. Independent members of GoHealth’s Board will review the proposal in due course. The Company remains committed to serving Medicare Advantage beneficiaries, working with health plans, and generating value for all stakeholders. About GoHealth, Inc. GoHealth is a leading health insurance marketplace and Medicare-focused…