Previous generations had access to healthcare insurance through their employers, who were often big corporations or government employers. A pension often came with the job, as well, giving a worker incentive to stay in the same job for decades. The job offered a security that couldn’t be found by opening a small store or diner….
How California’s Single-Payer Model Won’t Fix the Hidden Cost of Health Care | Rupali Chadha
In a previous episode of California Insider, we covered the impacts of a single-payer health care solution for Californians. But why does health care cost so much? My guest is Dr. Rupali Chadha, a physician with Free2Care. She discusses why we have the highest cost of health care in the world and what it will…
Insurance Companies Lose $44 Billion During Pandemic
January 14, 2022
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Business & EconomyBusinesses in COVID-19epidemic insurancehealth insuranceinsurance premiumsUSUS News
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Insured losses amounting to $44 billion during the pandemic and risks of newer variants popping up increased the strain on risk management companies around the world, said a recent report by international insurance intermediary group Howden. Although enormous losses have been reported so far, Howden said that it still lags far behind the $100 billion…
Insurers to Cover 8 At-Home COVID-19 Tests per Person Monthly: Biden Administration
Insurance companies and group health plans must cover the cost of over-the-counter, at-home rapid COVID-19 tests for people with private health coverage, starting Jan. 15, the Biden administration announced Monday. “The new coverage requirement means that most consumers with private health coverage can go online or to a pharmacy or store, buy a test, and…
Federal Involvement in Health Care Drives Treatment Choices
Around the United States, in numerous cases, hospitalized COVID-19 patients have asked for Ivermectin but were denied the drug, and then sought a court order forcing the hospital to provide the requested medication. Ivermectin, which has been used safely in humans since 1985, has shown promise in treating the virus, especially when taken early. Although…
For Pennsylvania Veteran, Trust Is Missing Element in Vaccine Mandate
“I was gassing up my car getting ready to go get the vaccine, when I saw some social media that made me question it spiritually. I dropped the idea of getting vaccinated immediately,” a federal civilian working in Pennsylvania for the Department of Defense told The Epoch Times in a phone interview. We are calling…
Insurance Focused on Virtual Visits?
At the height of the COVID-19 pandemic, people often relied on telemedicine for doctor visits. Now insurers are betting that some patients liked it enough to embrace new types of health coverage that encourage video visits—or that outright insist on them. Priority Health in Michigan, for example, offers coverage requiring online visits first for nonemergency…
Cigna, Focusing on Its Sizable Health Insurance Portfolio, to Sell Life, Accident and Benefits Business to Chubb in $5.75 Billion Deal
By Stephen Singer From Hartford Courant Cigna Corp. has struck a $5.75 billion deal to sell its life, accident, and supplemental businesses to Swiss insurer Chubb Ltd. The agreement is “another step forward” in advancing Cigna’s strategic focus on its global health businesses, Chief Executive Officer David M. Cordani said in announcing the deal Thursday…
Union Members Reject Tentative Agreement With John Deere After Months of Negotiations
October 11, 2021
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Business & EconomyCompaniesCost of Living adjustmentDeereEconomieseconomyhealth insuranceretirementstrikeUSUS News
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Members of the United Auto Workers (UAW) overwhelmingly rejected a new tentative agreement with Deere & Co. on Sunday. The tentative agreement was a six-year contract that would have covered more than 10,000 workers at 14 facilities across the United States, including more than 7,000 workers in Iowa, and was the result of efforts made by UAW negotiators….
Over 1,000 Kellogg’s US Cereal Plant Workers Go on Strike Over Cut to Benefits and Pay
October 6, 2021
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Business & EconomyCompanieseconomyhealth insuranceKellogg Coretirement benefitsstrikeunion membersUSUS News
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Over 1,000 Kellogg’s cereal employees went on strike for more than 18 hours at various plants across the United States on Oct. 5, amid failed negotiations over the payment and benefits terms of a new contract for workers. The food manufacturing company has been at loggerheads with union members for more than a year over over a dispute…
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