Latest Health Insurance In Usa News

Sebelius out at US Department of Health and Human Services
In reality, the health care overhaul—which mandates individuals without insurance to purchase coverage from private insurers—cuts costs for government and corporations while boosting the profit margins of the insurance companies. In her remarks on …
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US insurers still expect cuts in 2015 Medicare payments
The comments from individual insurers echoed that of industry trade group America's Health Insurance Plans, which said it was concerned about how the policy will affect the 15 million people who receive privately managed benefits. The balance of the …
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Exchange works to enroll stragglers
About 3,500 Connecticut residents have enrolled in health insurance through the state's health care exchange, Access Health CT, since the official open enrollment deadline passed on March 31. That's in addition to the nearly 200,000 who enrolled …
Read more on The Advocate

RED Works with FHA to Preserve Affordable Housing

Columbus, Ohio (PRWEB) March 10, 2014

Red Mortgage Capital and Red Capital Markets, the mortgage and investment banking arms, respectively, of Red Capital Group, (RED) announced today that it provided a $ 5.78 Million FHA section 221(d)(4) mortgage and $ 15.5 million tax-exempt bond financing for the Centre Meadows Apartments in Lexington, KY, sponsored by the Lexington-Fayette County Housing Authority (LHA). The financing of the substantial rehabilitation of Centre Meadows was one of the first transactions to involve FHAs Rental Assistance Demonstration (RAD) program conversion, an FHA mortgage, tax-exempt bonds and low income housing tax credits.

Centre Meadows, formerly Pimlico Apartments, is a proposed substantial rehabilitation of a 206 unit public housing community located at 1317 Centre Parkway in Lexington. The property is situated on about 14 acres of land and was originally constructed in 1976. The site includes 11 two-story buildings, a separate two-story leasing office, and an all-day child care facility. The community, operated by the LHA, will be converted from public housing units into Section 8 rental subsidized units under the RAD program. RAD is a central part of HUD’s rental housing preservation strategy, which works to preserve the nation’s stock of deeply affordable rental housing, promote efficiency within and among HUD programs, and build strong, stable communities.

We are very excited about this opportunity as it is one of the first RAD projects closed using an FHA Insured Mortgage and low income housing tax credits, stated Jim Hensley, Senior Managing Director for RED. In partnership with HUD, Red continues to be a pioneer when it comes to finding new solutions for affordable housing projects. Through the RAD program, LHA will be able to upgrade Centre Meadows so that it can provide safe and desirable housing for years to come. We look forward to working with other housing authorities as they look to take advantage of the RAD program and improve housing in their communities.

The Lexington Housing Authority, in an effort to continue to change the streetscape of affordable housing in Lexington, was pleased to be one of the first to participate in a RAD Program Conversion with an FHA mortgage, tax exempt bonds and low-income housing tax credits, stated Austin Simms, Executive Director, Lexington-Fayette County Housing Authority. It was through the Red Capital Group, led by Joey Hague, Vice President at RED, that this complicated, creative financing deal was made possible. Our hats are off to Red for their support and involvement.

Obama pitches health care on 'Between Two Ferns'

Obama pitches health care on 'Between Two Ferns'
President Obama will go to a lot of new media places to sell his health care plan. Obama appeared Tuesday on a taped edition of "Between Two Ferns," a parody talk show on the "Funny Or Die" website hosted by comedian/actor Zach Galifianakis. "I have to …
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MNsure meets its enrollment goal, with some caveats
They'll have about two extra weeks to finish enrolling if they've had technical trouble, USA Today reports. The deadline is important because many consumers who don't sign up for health coverage by then could have to pay a tax penalty of $ 95, or 1 …
Read more on Rick Kupchella’s BringMeTheNews

Companies must pay taxes on severance payments: US high court
The dispute centered on whether severance paid to involuntarily terminated workers was taxable under the Federal Insurance Contributions Act tax, or FICA, which helps pay for Social Security pensions and Medicare health insurance for the aged. FICA tax …
Read more on Chicago Tribune

Utah, Colorado lawmakers advance bills to raise legal smoking age to 21

Utah, Colorado lawmakers advance bills to raise legal smoking age to 21
SALT LAKE CITY/DENVER Feb 21 (Reuters) – Lawmakers in Utah and Colorado are promoting legislation to raise the legal age for tobacco use to 21, a higher standard than imposed by any other U.S. state, saying they want to discourage young people from …
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UPDATE 3-Detroit's bankruptcy plan spares pensions from deepest cuts
The potentially precedent-setting plan the city filed in U.S. Bankruptcy Court on Friday would cut retired worker's pensions by up to 30 percent while owners of bonds deemed unsecured would lose up to 80 percent of their investment. The fact that voter …
Read more on Reuters

Instant Life Insurance Quotes Added to Insurer Quotes Tool at Consumer Portal Online


San Francisco, CA (PRWEB) January 22, 2014

The lengthy research that adults can conduct online when seeking insurance information is now expected to be eliminated by one consumer company. The Cherry News company has updated its insurer quotes system for consumers to find instant life insurance quotes at http://cherrynews.com/life-insurance.

Quotes for American policies are now provided online through the zip system. Each user of the online system is asked for a zip code to begin the instant price delivery. The entry of a city zip code that is validated will present the automatic rates quotes now offered online.

The insurer system that is now offered for public use online is one alternative to the standard programs that some companies offer to produce rates that require medical information to be entered. The anonymous adult enabled search tool now available is a new system installed for 2014.

“The life insurance industry is confusing to some adults who do not regularly price different plans from providers online,” one source said at the Cherry News company.

The consumer portal created this year for insurance industry research is one step forward to assisting more consumers online. A series of special reports and guides are usually released at the CherryNews.com website that are used to introduce information to the public. The switch to automated research tools is creating new and faster ways to find provider and price information.

“The immediate quotations for insurance products offered through our website are displayed from top companies that are insured in all USA states for term, whole and guaranteed insurance,” said the source.

The Cherry News company locator service online for insurance quotations is currently featuring additional coverage products that companies offer online. A secondary portal to research medical insurance is now active at http://cherrynews.com/health-insurance.

This locator service is expected to generate instant quotations for medical insurance plans for individuals or families. A similar zip code entry format is offered with this online-only locator tool for the insurance industry.

About CherryNews.com

The CherryNews.com company is one resource that is now functional online to lookup insurance information from top U.S. agencies. This company has helped to develop an online quotes tool that is providing low rates for policies that agencies are underwriting. The CherryNews.com company is known in the United States for contributing to the consumer news market. This company publishes annual price guides, special reports and regular content online that details discounts and services that retailers are marketing. The company content is now in syndication through multiple media outlets to bring more content to the general public this year.







US health spending rose 3.7 percent in 2012 as economy dragged

US health spending rose 3.7 percent in 2012 as economy dragged
(Reuters) – U.S. healthcare spending rose 3.7 percent in 2012 to $ 2.8 trillion, the fourth year in a row in this range as the slow economic recovery tempered private insurance use, drug prices fell and the government held back payment increases for …
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Insurers push Obamacare payment deadline to late January
NEW YORK (Reuters) – Some top U.S. health insurers are giving consumers more time to pay their Obamacare premiums, extending the deadline to the end of January for benefits that begin retroactively from January 1. The new extension adds to a series of …
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Latest Health Insurance In Usa News

No HealthCare.gov? No problem, private sites say
Far from the early fears that government-run health insurance exchanges would wipe out private competition, shares of eHealth Inc., the Silicon Valley company that owns eHealthInsurance.com, have quadrupled since since 2010. The stock is up 64% since …
Read more on The Journal News / Lohud.com

Deadline's here: Is Healthcare.gov fixed? Sort of
"So the fixes that you hear us talking about, the hardware improvements that you hear us talking about, those are all designed to improve performance and functionality of the site and the user experience for the consumers that are choosing to access …
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US government plan adjusts 2014 risk payments for health insurers
(Reuters) – The U.S. government has issued a proposal that would likely increase risk payments in 2014 to health insurers offering plans on the Obamacare exchanges after the companies complained a recent policy change allowing people to keep their …
Read more on Reuters India

Federal exchange sends unqualified people to Medicaid
The federal health care exchange is incorrectly determining that some people are eligible for Medicaid when they clearly are not, leaving them with little chance to get the subsidized insurance they are entitled to as the Dec. 23 deadline for … "We …
Read more on USA TODAY