By Anna Maria Barry-Jester and Ben Casselman Nearly 9 million people gained insurance last year, a win for “Obamacare” as the president’s signature health care law expanded Medicaid and opened health insurance exchanges. And yet, 33 million Americans, 10.4 percent of the U.S. population, still went without health insurance for […]
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Photo: Faces at the signing of MMoU by the Insurance Supervisors of Ghana, Liberia. Nigeria, Sierra Leone, and The Gambia on the establishment of “The West African Insurance Supervisors Association”
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Retirees brace for hardship as multi-employer pension cuts loom
Of all the negative financial surprises that can hit in retirement, learning a “guaranteed” pension could be severely cut is among the worst. As the Treasury Department recently held a hearing on implementing a new law that allows pension cuts in troubled multi-employer pension plans covering about 10 million workers, […]
Protecting your family with life insurance
September is Life Insurance Awareness Month. Financial professional Tony Zimmer from Trifound joined us to talk about who should be covered and what options are out there. 1. Know the Types There are two main categories of life insurance policies. Term policies cover you for a specific number of years, […]
Woman arrested over wedding ring scam
A woman has been arrested as part of a national clampdown on suspected fradulent insurance claims. The 26-year-old from Rainhill was one of six people arrested as part of a major operation by the Insurance Fraud Enforcement Department (IFED), part of the City of London Police. She was detained on […]
PenOp seeks release of FG retirees’ accrued rights
Leave a comment Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) has called on the Federal Government to urgently release the outstanding accrued rights of its retirees so that their benefits can be processed and settled. The President of PenOp Misbahu Yola, said this at a media […]
Why Buhari missed UN’s Boko Haram meeting – Presidency
The Presidency has maintained President Muhammadu Buhari is fully committed to improve national security and succour for Internally Displaced Persons, IDPs. The Vanguard reported that this was contained in a statement by Garba Shehu, SSA to the President (Media & Publicity) in reaction to the earlier report that Buhari and […]
Bitter pill to swallow: New York State top health insurer to shut down in 2016
People celebrate in front of the US Supreme Court after ruling was announced on the Affordable Care Act. June 25, 2015 in Washington, DC. Photo by Mark Wilson/Getty Images New Yorkers with policies issued by Health Republic (a non-profit insurer backed by the federal government) will be forced to seek […]
FG discovers N20m excess in police pension account
The Federal Government, through the Pension Transitional Arrangement Directorate (PTAD) said it discovered about N20 million excess payment in the police pension account. It has, therefore set out to clean up the civil service starting with the verification of over 100,000 civil service pensioners to identify ghost beneficiaries. Director General […]
Surgeries by unlicensed assistant part of $150m insurance fraud, say prosecutors
Physician assistant not trained to perform surgery operated on hundreds while surgeon billing for procedures hid massive insurance fraud conspiracy A physician assistant who wasn’t licensed or trained to perform surgery operated on hundreds of patients while the orthopedic surgeon who billed for the procedures schemed with colleagues to hide […]
