Life & Health

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N.Y. AG Files Lawsuit, Restraining Order Against Homeward Bound

ALBANY, N.Y., August 14 – A lawsuit and restraining order have been issued to Homeward Bound Services of North America by Attorney General Andrew Cuomo. The Pennsylvania-based company and its owners, Marc Orth and Thomas Muldoon, have been accused of promising services to help keep seniors out of nursing homes and in home-based care settings and then not delivering the services they guaranteed to provide in the agreements.

N.Y. Insurance Companies To Participate in Pandemic Flu Outbreak Simulation

ALBANY, N.Y., August 10 – In September, all insurance companies in the state will participate in an exercise to assess the readiness of the nations financial services to endure a pandemic flu outbreak, according to the Insurance Department.

New HC Tech Initiatives Will Further Patient-Centered Care

ALBANY, N.Y., August 10 – A comprehensive health information technology program has been announced by Richard F. Daines, Commissioner of the New York State Department of Health (DOH), as part of Governor Eliot Spitzers agenda to advance patient-centered care.

VantisLife Introduces VantisTerm ROP

WINDSOR, Conn., August 6 – VantisLife Insurance Company will be offering a life insurance product, called SuperTerm ROP, which will incorporate a return-of-premium rider on the companys traditional level term life insurance policy. VantisLife said that customers have the potential to get back up to 100 percent of the premiums paid during the policy term.

Report Calls for Universal HC for Children

ALBANY, N.Y., July 19 – The American Academy of Pediatrics (AAP), District II, New York State has released a report to urge state leaders to keep their promise to New Yorks children and deliver high quality, accessible health coverage to all children starting this year.

Meritain Health Offers Illness Preventative Program To Employers

AMHERST, N.Y. – Meritain Health has created a program designed to control health care costs by providing tools and resources to assist employers and employees in preventing illness.

Assembly Passes Bill to Limit HC/LTC Terminations

ALBANY, N.Y., May 24 – Legislation to allow health insurance contracts and policies for long-term care to be renewable each year at the option of the insured has passed the Assembly and has been sent to the Senate.

Bill Would Make Permanent 05 Law on Life Insurers Surplus Limits

ALBANY, N.Y., May 24 – A bill to make permanent 2005 legislation regarding the maximum amount of surplus that domestic mutual life insurers and domestic stock life insurers that issue participating policies are permitted to accumulate passed the Senate and was sent to the Assembly on May 8.

Gottfried: N.Y. Should Favor Contractors That Offer Employees HC

ALBANY, N.Y., May 21 – The commissioner of the Office of General Services would establish a preference in granting state contracts to contractors who provide employer-sponsored health coverage under legislation sponsored by Assemblyman Richard N. Gottfried (D/L-New York), Chairman of the Health Committee.

The Unsettling Realities of LTC

Once upon a time, there was no such thing as long-term care, at least not as a significant social, political, and economic issue, and certainly no long-term care (LTC) insurance. Americans tended to stay put, which meant that the family had not yet become nuclear; two or more generations lived in close proximity, perhaps even in the same home. The care of the elderly, unless they were critically ill, was a family or community responsibility; and the elderly were generally not all that old. Then, as now, the actual care-giving tended to be the purview of women, but they were far less likely to hold down jobs outside the home, let alone to be their own or their familys sole support.

Med Mal Subsidy Program Extension Introduced

TRENTON, N.J., May 20 – Legislation has been introduced to continue for another three years the $17 million yearly subsidy program to help the states high-risk doctors pay their medical liability insurance premiums.

Bill Would Guarantee LTC Coverage for State Employees

ALBANY, N.Y., May 18 – The state would be required to establish a long-term care insurance program that would provide every state employee with coverage in the same way that health insurance benefits are already available, under legislation sponsored by Senator Vincent L. Leibell (R/C-Dutchess) and Assemblyman Adam T. Bradley (D-Westchester).

Department: Med Mal Rate Decrease Filing a Positive Step for Market

HARTFORD, Conn., May 15 – In what the Insurance Department is touting as a step in the right direction, MedPro has requested approval for a 24 percent rate decrease for its medical malpractice insurance rates.

Brokers Urged to Gain Understanding of Impaired Risk Underwriting

When dealing with an impaired risk case, many times the Big Three " coronary artery disease, diabetes, and cancer " are involved, either individually or in some combination.

Brookdale Files RICO Complaint Against HIP

Health Insurance Plan of Greater New York has allegedly defrauded Brookdale University Hospital and Medical Center out of millions of dollars since 2001, according to a lawsuit filed by the hospital April 9.

Genworth Financial Provides New LTC Solution

RICHMOND, Va., April 30 – Genworth Financial has launched Cornerstone Advantage, its newest addition to its portfolio of long-term care planning solutions.

Med Mal Rates Stabilizing, Department Report Says

TRENTON, N.J., April 24 – Medical malpractice insurance premiums in New Jersey have started to stabilize, according to an Insurance Department report to the Legislature.

Law Protects School District Retirees Health Benefits

ALBANY, N.Y., April 19 – School districts may reduce neither the level of health insurance coverage nor their contribution toward its cost for retirees unless the reduction applies equally to active employees, under legislation signed into law by Governor Eliot Spitzer.

Enactment of New Med Fee Schedule Delayed as Comments Considered

TRENTON, N.J., April 8 – Proposed seven months ago, the new medical fee schedule is still being reviewed by the state Insurance Department with no forecast on when it will be enacted or if it will be amended.

Radiologists Lose Malpractice Subsidies

TRENTON, N.J., April 3 – Diagnostic radiologists will no longer qualify for state malpractice insurance premium subsidies because their insurance costs have gone down.

Big Changes to HC Funding in Budget

ALBANY, N.Y., April 2 – This years state budget will expand New Yorks Child Health Plus program to include many of the 400,000 currently uninsured children and will lower bureaucratic barriers to allow more than 900,000 uninsured adults to qualify for Medicaid and Family Health Plus coverage.

First Rehab Offers GMRP, an Alternative to HSAs, HRAs, FSAs

Out-of-pocket health care expenses are a significant and growing cost for Americans. Last year alone, Americans spent $2 trillion on health care. Out-of-pocket health care expenses accounted for $250 billion (12.5 percent) of all health care expenditures. This number is expected to rise to $421 billion within the next 10 years.

National LTC to Market Prudential Products

NEWARK, N.J., March 22 – Prudential Financial, Inc. announced the signing of a sales partnership agreement with the National LTC Network, Inc.

CCLC Joins Other Associations in Criticizing Proposed HC Cuts

ALBANY, N.Y., March 19 – As New York closes in on its April l budget deadline, the Continuing Care Leadership Coalition (CCLC) has joined other health care associations in criticizing health care cuts proposed by Governor Eliot Spitzer. CCLC called for action to ensure long-term care quality and access in New York State.

Showing 25 to 48 of 137 items.
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