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Judge temporarily blocks Major Adams from switching NYC retires to Medicare Advantage

A trial court judge has temporarily blocked Major Adams from switching retired city workers to a cost-cutting Medicare Advantage Plan. Manhattan Supreme Court Judge Lyle Frank granted a temporary restraining order Thursday that, until he issues a final ruling, prevents roughly 250,000 city retirees and their dependents from losing their current health insurance. The retirees who brought the lawsuit “have shown that numerous promises were made by the City to then New York City employees and future retirees” about their coverage, according to court documents. The court found a likelihood of it ultimately ruling in their favour, and that any…
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Which Could Save Me More Cash?

SmartAsset: Dental savings plan vs. insurance: Pros and Cons Health insurance doesn’t cover your teeth. Your teeth can cause pain, get infected and need treatment, just like any other part of the body. But when it comes to actually getting treatment the standard health insurance doesn’t cover it. Instead, you need specialized coverage to pay for a trip to the dentist’s office. The specialized coverage comes in two main forms. The first is dental insurance. This is standard insurance that covers most of the cost of treatment in exchange for a monthly premium and co-payments. The second is a dental…
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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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Getting Your Affairs in Order Checklist: Documents to Prepare for the Future

Español No one has ever planned to become sick or disabled. Yet, planning for the future can make all the difference in an emergency and at the end-of-life. Being prepared and having important documents in a single place can give you peace of mind, help ensure your wishes are honored, and ease the burden on your loved ones. Checklist for getting your affairs in order Share this infographic to spread the word about getting your affairs in order. This list provides common steps to consider when getting your affairs in order. 1. Plan for your estate and finances. Depending on…
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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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Medicaid enrollees are losing coverage in states like Florida : Shots

Alicia Celaya, David Cardenas and their son Adrian, 3, in Phoenix in April. Celaya and her family will lose their Medicaid coverage later this year, a result of a year-long nationwide review of the Medicaid enrollees that will require states to remove people whose incomes are now too high for the program. Matt York/AP hide caption toggle captions Matt York/AP Alicia Celaya, David Cardenas and their son Adrian, 3, in Phoenix in April. Celaya and her family will lose their Medicaid coverage later this year, a result of a year-long nationwide review of the Medicaid enrollees that will require states…
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Uninsured Rate Hits Record Low of 8.3%

WASHINGTON — The uninsured rate in the US has fallen to a record-low 8.3%, but that percentage is expected to gradually increase as insurance protections from the COVID-19 pandemic wind down, according to officials from the Congressional Budget Office (CBO) . The temporary policies enacted in the wake of the COVID-19 pandemic “have contributed to a record low insurance rate in 2023 of 8.3% and record-high enrollment in both Medicaid and ACA [Affordable Care Act] marketplace coverage,” said Caroline Hanson, PhD, principal analyst at the CBO, during a briefing sponsored by Health Affairs. “As those temporary policies expire under current…
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Attorney general, DOH commissioner issue alert on health insurance renewal scams

Fri, May 12th 2023 04:50 pm Submitted by the New York State Attorney General’s Office New York Attorney General Letitia James and Acting Department of Health Commissioner Dr. James McDonald warned New Yorkers about a new scam targeting New Yorkers enrolled in public health insurance programs and provided important tips to protect consumers. For the first time since March 2020, people enrolled in Medicaid, Child Health Plus, and the Essential Plan will have to renew their health insurance coverage. James and McDonald are urging New Yorkers to be vigilantes in light of reports of scammers deceptively calling people and asking…