Archive for News
New Law Change Increases Insurance Coverage for Veterans
SOURCE: www.va.gov
WASHINGTON – Some Veterans covered under the Veterans Group Life Insurance program (VGLI) now have the opportunity to increase their coverage to the current maximum coverage under the Servicemembers’ Group Life Insurance (SGLI) program.
“Currently, 70 percent of the Veterans covered under VGLI are under age 60, have less than $400,000 of coverage, and will [...]
Affordable Care Act holding insurers accountable for premium hikes
SOURCE: www.hhs.gov
Health insurance premium increases in five states have been deemed “unreasonable” by the U.S. Department of Health and Human Services, HHS Secretary Kathleen Sebelius announced today.
After independent expert review, HHS determined that Trustmark Life Insurance Company has proposed unreasonable health insurance premium increases in five states—Alabama, Arizona, Pennsylvania, Virginia, and Wyoming. The excessive rate [...]
Lawsky Announces Five More Health Insurers Agree to End Secrecy over Rate Increases
SOURCE: www.dfs.ny.gov
Department Has Already Cut Rate Requests for 2012 from 12.7% to 8.2% Saving Consumers More Than $400 Million
NEW YORK, NY (10/27/2011)– Benjamin M. Lawsky, Superintendent of the Department of Financial Services, announced today that Aetna Health, EmblemHealth, Empire HealthChoice, Excellus Health Plan and HealthNow joined UnitedHealth Group in agreeing to end the secrecy over [...]
Gov. Cuomo Announces Refund of $114.5 Million in Health Insurance Overcharges to Consumers and Businesses
SOURCE: www.dfs.ny.gov
Governor Andrew M. Cuomo today announced that 11 insurance companies have been ordered to refund $114.5 million to holders of policies that cover 573,748 people who were overcharged for health insurance premiums in 2010.
“In this economic climate, every penny counts and in this case, insurance companies were overcharging New Yorkers to the tune of [...]
Department of Justice Announces Compensation for Servicemembers as Part of Settlement with Bank of America
SOURCE: www.justice.gov
WASHINGTON – The Justice Department announced today that, as part of its settlement with BAC Home Loans Servicing LP, a subsidiary of Bank of America Corporation, servicemembers whose homes were unlawfully foreclosed upon will each receive a minimum $116,785 plus compensation for any equity lost to compensate them for the bank’s alleged violation of [...]
Risk Factors for Posttraumatic Stress Symptomatology in Iraq and Afghanistan War Veterans Similar to Those Observed in Vietnam Veterans
SOURCE: www.va.gov
WASHINGTON – Department of Veterans Affairs (VA) researchers from Boston report in the November issue of the Journal of Abnormal Psychology that risk factors for posttraumatic stress symptomatology (PTSS, short of full-blown posttraumatic stress disorder, or PTSD) in Afghanistan and Iraq Veterans were found to be similar to those observed in Vietnam Veterans. This suggests [...]
GOVERNOR CUOMO ANNOUNCES HEALTH INSURER RATE FILINGS NOW AVAILABLE TO PUBLIC
SOURCE: www.dfs.ny.gov
Governor Andrew M. Cuomo today announced that rate increase requests from health insurers are now available on the Department of Financial Services’ website, www.dfs.ny.gov. DFS has determined that all rate increase requests should be available so that the public could comment effectively, but health insurers initially objected. Then, led by United Healthcare, the insurers dropped [...]
A.G. SCHNEIDERMAN RELEASES RESOURCE GUIDE TO ASSIST VETERANS AND SERVICE MEMBERS WITH CONSUMER, LEGAL PROTECTIONS
SOURCE: www.dfs.ny.gov
Schneiderman: My Office Will Fight For Those Who Have Fought For Us
NEW YORK – As Veterans Day approaches, Attorney General Eric T. Schneiderman today released a resource guide to provide veterans and active duty military personnel information related to benefits, consumer protections and other legal issues. The Attorney General’s Resource Guide for Veterans and [...]
Former Department of Defense Employee Sentenced to Prison for Stealing Financial Assistance Funds Intended for Service Members
SOURCE: www.justice.gov
WASHINGTON – A former civilian employee of the Department of Defense was sentenced today to nine months in prison for conversion of Army Emergency Relief (AER) funds while he was employed at Camp Humphreys in the Republic of Korea, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division.
Tyrone L. Ellis, [...]
Former “Most Wanted” Health Care Fraud Fugitives Plead Guilty to $9.1 Million Detroit Medicare Fraud Scheme
SOURCE: www.justice.gov
WASHINGTON – Two sisters who owned a fraudulent Detroit-area medical clinic and who are former “Most Wanted” health care fraud fugitives pleaded guilty today in Miami for their leading roles in a $9.1 million Medicare fraud scheme, announced the Department of Justice, the FBI and the Department of Health and Human Services (HHS).
Caridad Guilarte, [...]
