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…
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…
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…
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.…
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.…
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…
Ramsay Health Care Limited (OTCMKTS:RMYHY) Short Interest Down 14.3% in May
Ramsay Health Care Limited (OTCMKTS:RMYHY – Get Rating) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 600 shares, a drop of 14.3% from the April 30th total of 700 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is presently 0.2 days.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group downgraded Ramsay Health Care from a “neutral” rating to a “sell” rating in a research report on Wednesday, May 3rd.
Ramsay Health Care Trading Down 2.4 %
RMYHY opened at $9.19 on…