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With no room to raise taxes, where will Adams find the money for his pricey union deals?

Retired city workers are understandably upset the city is changing their health insurance, forcing them into a plan with less flexibility effective September. But they shouldn’t be surprised: Something had to give. Our retirees are getting off easy — so far. Mayor Eric Adams registered the new contract last week with healthcare provider Aetna to start administering the less-generous Medicare contract in the fall, overriding Comptroller Brad Lander’s objections. Thanks to a higher federal subsidy for the new Advantage plan, as well as stricter rules for specialty visits and the like, the city expects to save $600 million a year.…
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Ryan Finch donated $5 million to St. Joseph’s hospital

President of Finch Auto Group, Ryan Finch, has personally donated $5 million to St. Joseph’s Health Care London, Ont., through St. Joseph’s Health Care Foundation. It’s the largest known gift of its kind to support mental health care research in southwestern Ontario. The donation will fund research into new solutions aimed at making it easier for patients to access mental health care and receive the help they need. “I feel lucky to be able to give back,” said Finch. “With mental health at the forefront of so many aspects of life today, I want to make a difference and if…
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Arch Insurance names VP of distribution for accident & health

Arch Insurance names VP of distribution for accident & health | Insurance Business Canada InsuranceNews Arch Insurance names VP of distribution for accident & health Hire brings over two decades of industry experience InsuranceNews By Mika Pangilinan Arch Insurance North America has appointed Rebecca Raisley (pictured) as vice president of distribution for its accident & health (A&H) business unit. Raisley has over two decades of experience in the A&H industry. Prior to joining Arch, she was head of retail distribution for A&H at AIG, responsible for leading the national sales team and overseeing corporate and specialty A&H products. She also…
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20 American Cities With the Highest Uninsured Rates

In this article, we discuss the 20 American cities with the highest uninsured rates. To skip the details about the causes of rising uninsured rates and analysis of healthcare in the US, go directly to 5 American Cities With the Highest Uninsured Rates. The US is one of the most medically advanced countries in the world. Yet the country is notorious for high healthcare costs. While a major chunk of the population in the US remains uninsured for healthcare, the trend is changing and more and more people are coming to the health insurance net. In September 2022, The US…
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Broker warns rise in claims could trigger further hikes by health insurer

Further financial pressure is being heaped on hard-pressed families with the news that another health insurer has hiked its prices. Irish Life Health announced yesterday it was upping its premiums by 5% from July this year, its second increase in the past six months, adding an extra €400 on average to bills. It is the latest insurer to add to the financial hardships households are experiencing as Laya and VHI both announced increases earlier this year. It comes at a time when families are being squeezed on all sides by rising mortgage interest rates, grocery inflation and soaring energy costs.…
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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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Minden ER to close in 1 week, but residents say fight for ‘safe and accessible’ health care not over

An emergency department in Minden, Ont., is slated to close in one week but residents say they will keep up the pressure on the province to make sure the closure is not permanent. “We are not statistics,” Richard Bradley, a resident, told CBC Toronto on Thursday. “We are determined. The only statistic we want to be is the town that saves its ER. We pay the same taxes as everybody else does. We deserve and demand that we have safe and accessible health care.” Haliburton Highlands Health Services (HHHS) announced in April that it would close the emergency department at…