More Americans are going without homeowners insurance. That could spell trouble
Hurricane Idalia intensified Tuesday as it approached the Gulf Coast of Florida. Given that, recent reporting in The Wall Street Journal caught our eye. Its headline: “Americans Are Bailing on Their Home Insurance.” The Journal reported that some 12% of homeowners are choosing not to carry…#hurricaneidalia #gulfcoast #florida #theirhomeinsurance #journal #lorettaworters #craigfugate #fugate #carolynkousky #households
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Biden Administration Unveils First Drugs for Medicare Price Negotiations
The price negotiation program, established by Democrats as part of the Inflation Reduction Act, is expected to save the government tens of billions of dollars in the coming years.
Source: NYT - August 29, 2023 Category: American Health Authors: Sheryl Gay Stolberg and Rebecca Robbins Tags: Drugs (Pharmaceuticals) Prices (Fares, Fees and Rates) Medicare Health Insurance and Managed Care Inflation Reduction Act of 2022 Biden, Joseph R Jr United States Politics and Government Democratic Party Source Type: news

Farmers Insurance to lay off 11% of its workers across its entire business
New York — California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from across all areas of the company, according to a statement on its website. “Given the existing…#farmersinsurance #farmers #raulvargas #farmersgroupinc #florida #sjchamber #sanjose #statefarmandallstate #cvs #jordanvalinsky
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Farmers Insurance to lay off 2,400 workers across its entire business
California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from across all areas of the company, according to a statement on its website. “Given the existing conditions of…#farmersinsurance #farmers #raulvargas #farmersgroupinc #florida #statefarmandallstate #cvs
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Medicare to start negotiating prices for 10 drugs. Here they are.
Medicare, the health insurance program for people over 65 years old, said it will start negotiating prices on 10 drugs, part of its mandate under the Inflation Reduction Act to lower prescription prices for older Americans. The first drugs under price negotiations include diabetes medication…#medicare #novologflexpen #aarp #nancyleamond
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations
The Biden administration ’s announcement was an important moment for Democrats, who have campaigned on a promise to lower the cost of prescription drugs.
Source: NYT - August 29, 2023 Category: American Health Authors: Sheryl Gay Stolberg and Rebecca Robbins Tags: Drugs (Pharmaceuticals) Medicare Inflation Reduction Act of 2022 Biden, Joseph R Jr Health and Human Services Department Health Insurance and Managed Care Prices (Fares, Fees and Rates) Democratic Party United States Politics and Governmen Source Type: news

FDIC set to unveil plan for stricter regional bank rules
A top U.S. banking regulator is set on Tuesday to propose heightened rules to ensure regional banks can be safely dissolved in times of stress. The Federal Deposit Insurance Corporation (FDIC) will vote on five separate proposals at a meeting, all aimed at ensuring banks with over $100 billion in…#fdic #martingruenberg #siliconvalleybank #firstrepublicbank #jpmorganchase #basedonspring #depositinsurancefund #iankatz #capitalalphapartners #robnichols
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Public Inspection: CMS: Mandatory Medicaid and Children's Health Insurance Program Core Set Reporting
Pre-publication notice of final rule from the Centers for Medicare& Medicaid Services (CMS) establishing requirements for mandatory annual state reporting of the Core Set of Children's Health Care Quality Measures for Medicaid and Children's Health Insurance Program (CHIP), the behavioral health measures on the Core Set of Adult Health Care Quality Measures for Medicaid, and the Core Sets of Health Home Quality Measures for Medicaid. These regulations are effective January 1, 2024. The initial round of Core Sets reporting must be submitted and certified by states by December 31, 2024.
Source: Federal Register updates via the Rural Assistance Center - August 29, 2023 Category: Rural Health Source Type: news

Hong Kong stocks climb for second day as BYD, Ping An Insurance gain on earnings outlook
The Hang Seng Index rose 1.2 per cent to 18,346.54 as of 9.47am local time, following a 1 per cent rally on Monday. The Tech Index gained 1.5 per cent and the Shanghai Composite Index added 0.5 per cent. China’s biggest EV maker BYD climbed 1.8 per cent to HK$229.20 after second-quarter profit…#byd #hk22920 #pinganinsurancegroup #xpeng #alibabagroupholding
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

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Americans are bailing on their home insurance
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

How to handle this quote situation I have
Source: Reuters: Health - August 29, 2023 Category: Consumer Health News Source Type: news

Hot weight loss drugs tested as addiction treatments
When the diabetes treatments known as GLP-1 analogs reached the market in 2005, doctors advised patients taking the drugs that they might lose a small amount of weight. Talk about an understatement. Obese people can drop more than 15% of their body weight, studies have found, and two of the medications are now approved by the U.S. Food and Drug Administration (FDA) for weight reduction. A surge in demand for the drugs as slimming treatments has led to shortages. “This class of drugs is exploding in popularity,” says clinical psychologist Joseph Schacht of the University of Colorado School of Medicine. But patient ...
Source: ScienceNOW - August 28, 2023 Category: Science Source Type: news

Farmers Insurance says it is cutting 2,400 jobs in bid to ensure long-term profitability
Farmers Insurance said Monday it will lay off 11% of its workforce — about 2,400 employees — as part of a corporate restructuring aimed at increasing its efficiency and long-term profitability. The California-based insurer owned by Swiss giant Zurich Insurance Group said the job cuts will impact…#farmersinsurance #zurichinsurancegroup #farmers #raulvargas #farmersgroupinc #allstate #statefarm #florida #google #meta
Source: Reuters: Health - August 28, 2023 Category: Consumer Health News Source Type: news

What The Board Needs To Know
Everything from the week beginning August 28, 2023, that a corporate board director needs to know ahead of a board meeting. This week we look at how North Korean hackers are enticing their targets to install malware by sending them lucrative jobs adverts. Plus: declining cyber insurance premiums;…#northkorean
Source: Reuters: Health - August 28, 2023 Category: Consumer Health News Source Type: news

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