Category Archives: Insurance

One million could lose jobless benefits in March

By doris | Published: February 23, 2010

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — More than 1 million people could lose their jobless benefits and health insurance subsidy in March if Congress doesn’t act fast. When it returns from the President’s Day recess on Monday, the Senate will have one week to extend the deadlines to apply for federal unemployment benefits [...]

Also posted in Financial, Government, Health, Lose, Unemployment | Leave a comment

Expect higher health care costs in 2010

By doris | Published: December 31, 2009

Full Story at money.cnn.com (Money Magazine) — Last month was open-enrollment season, and my wife and I got an unpleasant surprise. For 2010 we’re looking at an annual health-insurance premium that’s $1,600 higher than it is now, plus higher deductibles. Instead of flat co-pays, we’ll pay co-insurance, a share of the total costs. And this [...]

Also posted in America, Business, Financial, Health, Money | Leave a comment

AIG shares tumble 15%

By doris | Published: December 1, 2009

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — Shares of AIG plunged nearly 15% Monday after an analyst hacked the insurance giant’ price target 40% in a research note on worries about the company’s loss reserves. AIG (AIG, Fortune 500)’s stock fell 14.71% to $28.40, after trading at session low of $28.04. The shares finished [...]

Also posted in Banking, Business, Economy, Financial, Money, Stocks | Leave a comment

Rx for money woes: Doctors quit medicine

By doris | Published: September 15, 2009

Full Story atmoney.cnn.com NEW YORK (CNNMoney.com) — Some 5,000 patients suddenly found themselves without an ob/gyn last November when Dr. Tara Wah closed her practice in Tallahassee, Fla. Wah, 55, informed her patients in a letter that she could “no longer afford to make ends meet.” After 24 years, “I’m working longer hours than ever,” [...]

Also posted in America, Financial, Health, Money | Leave a comment

Hidden pockets of elderly said to be in poverty

By doris | Published: September 7, 2009

Full Story at msnbc.com WASHINGTON – The poverty rate among older Americans could be nearly twice as high as the traditional 10 percent level, according to a revision of a half-century-old formula for calculating medical costs and geographic variations in the cost of living. The National Academy of Science’s formula, which is gaining credibility with [...]

Also posted in America, Failing, Financial, Health, Home, Money, Social Security | Leave a comment

Health care divides small business community

By doris | Published: September 4, 2009

Full Story at money.cnn.com (Fortune Small Business) — Congressional efforts to revamp the country’s healthcare system have sparked a fierce debate within the small business community, pitting owners who believe that reform would curb rising healthcare costs against neighbors who fear higher taxes. All sides of the debate were on display this summer as legislators [...]

Also posted in America, Health, Money | Leave a comment

Are MDs diagnosing us into the poorhouse?

By doris | Published: July 26, 2009

Full Story at Money Features.blogs.money.cnn.com There’s no question about it: When you go to a doctor nowadays, you’re more likely to be diagnosed with something, and sent home with a prescription, than you were a generation ago. A much tougher question to answer is whether or not these new diagnoses, and new tests and treatments [...]

Also posted in America, Financial, Health, Quality | Leave a comment

The ‘new’ new tax on the rich

By doris | Published: July 25, 2009

Full Story at money.cnn.com NEW YORK (CNNMoney.com) — The definition of “rich” may be going up should lawmakers choose to impose extra taxes on the wealthy to pay for health reform. Three committees writing the lead House bill have called for an additional tax to be imposed on income above $280,000 for singles and $350,000 [...]

Also posted in America, Government, Health, Money | Leave a comment

AIG: Hoping to stem the bleeding

By doris | Published: May 7, 2009

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — AIG is expected to report its sixth quarterly loss after the market closes Thursday, but the loss could be much smaller than previous quarters and analysts say that could be an encouraging sign. The insurer is also expected to say that it will not require additional taxpayer [...]

Also posted in Bailout, Banking, Business, Financial, Rescue, Spending | Leave a comment

AIG: Doomed to fail?

By doris | Published: April 29, 2009

Full Story At money.cnn.com NEW YORK (CNNMoney.com) — Once a titan in the insurance world, AIG is a shadow of its former self, and experts say the company is likely doomed for failure. That’s partly because AIG (AIG, Fortune 500) is slowly getting rid of its strong, moneymaking businesses as it attempts to pay back [...]

Also posted in Banking, Bankruptcy, Business, Economy, Failing, Financial, Government, Money, Pay Back, Security, Wrongdoing | Leave a comment

Pirate attacks drive up the cost of shipping

By doris | Published: April 13, 2009

Full Story At  msnbc.com LONDON – Shipping your oil across the Gulf of Aden? Don’t forget your piracy insurance. As a ragtag group of gunmen faced off for days against the U.S. Navy near the coast of Somalia before a cargo ship captain was freed Sunday, industry-watchers say shipping companies already smarting from the global [...]

Also posted in Business, Financial, Money, Rises, Security, Spending | Leave a comment