As Americans mark breast cancer awareness month, Secretary of Health and Human Services Kathleen Sebelius today released a new report, Health Insurance Reform and Breast Cancer: Making the Health Care System Work for Women. The report details how health insurance reform will help women diagnosed with breast cancer and is available now at www.HealthReform.gov.
“Thousands of [...]

A survey by the Urban Institute found that 1.9 million seniors found themselves having to choose between buying food and buying medicine. The survey was conducted in 1993—a time when the economy was booming! Due to the current economic woes, it is more difficult than ever for seniors to make it on their own.
“More and [...]

Centene Corporation announced that an agreement has been reached between University Health Plans, Inc. (“UHP”) and Amerigroup New Jersey, Inc. (“Amerigroup”), resolving the litigation regarding the sale of certain UHP assets to Amerigroup. Under the settlement agreement, the parties will move forward with the transaction, which is subject to regulatory approval and expected to be [...]

Size matters, according to a new report on the insurance brokerage market by Advisen Ltd. As a result, the frenetic pace of consolidation in the brokerage sector will be only temporarily slowed by the global economic recession.
“Large brokers enjoy certain advantages of scope and scale,” said John Molka III, the author of the report. “At [...]

Radian Group Inc. announced that its Board of Directors has adopted a Tax Benefit Preservation Plan designed to protect stockholder value by preserving important tax assets. The Tax Benefit Plan was adopted to reduce the likelihood that Radian’s use of its net operating losses, loss carryforwards and other tax assets (NOLs) would be substantially limited [...]

As a result of the development of a new long-range plan for 15-year-old Intercare Holdings Insurance Services, the firm’s senior management team has announced a series of strategic moves that have focused the Roseville-based company on its core competencies.
CEO George “Mac” McCleary detailed the plan, highlighting the divesture of an insurance brokerage operation and other [...]

Avant Capital Partners (AVANT), a leading New York City based commercial mortgage bank that specializes in multifamily financing, closed a bridge loan of $2,853,301 for the acquisition and renovation of a 304-unit apartment complex in Dallas, TX. The loan was based upon 70% loan-to-cost and included the acquisition and renovation costs, as well as an [...]

Arcadian Health Plan, Inc., announced today the debut of their Medicare Advantage health plans for select counties in California, Missouri, New Hampshire and Virginia, as well as continued expansion into existing markets including Maine and Texas. Its sister organizations and corresponding affiliates also continue expansion in Georgia, Louisiana, New York, Oklahoma, and North Carolina. Providing [...]

Allstate announced it has selected Matthew Winter, 52, as president and chief executive officer of Allstate Financial. Winter will be responsible for leading Allstate Financial’s effort to provide life insurance and retirement products to middle-income Americans. He will serve as a member of the corporation’s senior management team, reporting to Thomas J. Wilson, Allstate’s chairman, [...]

HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, announced that Tacoma-based BenefitMD has selected the HealthRules product suite as their next-generation claims and benefit administration, business intelligence, and portal platform. The HealthRules software will be used to power the next phase of BenefitMD’s rapid business growth.
What makes HealthRules different from any [...]