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POLITICS & POLICY

Social Security Clarifies Long-Term Coverage for Seniors

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Written by U. S. Insurance News   
Monday, 23 June 2008

Poor wording by the Social Security agency left many seniors confused regarding whether they were covered for long-term care. "A lot of seniors had the idea that Medicare would cover their long-term care expenses," explains Cameron Truesdell, CEO of LTC Financial Partners LLC (LTCFP). "It wasn't so, but the wording of the Social Security Statement left some doubt."

 

Get Smart: NAIC Expands Insure U Program to Reach More Demographic Groups

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Written by U. S. Insurance News   
Monday, 16 June 2008

The National Association of Insurance Commissioners (NAIC) wants more groups of Americans to get smart about insurance coverage.

NAIC added new life situation sections to its Insure U consumer education program, found online at InsureUOnline.org. The new information is aimed at domestic partners, single parents, grandparents who are raising their grandchildren, and members of the military.

 

PCMA Warns Against Prompt-Pay Deals for Medicare Providers

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Written by U. S. Insurance News   
Monday, 16 June 2008

What’s good for pharmacists will have to be good for other Medicare providers too—and none of it will be good for seniors.

That’s the message of a new ad issued by the Pharmaceutical Care Management Association (PCMA). The ad warns policymakers that other Medicare providers, including doctors and hospitals, would likely demand the same prompt-pay deal next year if Congress requires pharmacists to be paid twice as fast as those other providers.

 

Growth of State-Run Property Insurance Plans Flattens

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Written by U. S. Insurance News   
Monday, 09 June 2008

During the last 40 years, state-run property insurers have enjoyed growth in number of policies they’ve issued and the exposure value covered. But signs indicate that growth is flattening a bit across the country.

 

Bond Market Reform to Provide Accurate Bond Ratings

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Written by U. S. Insurance News   
Monday, 09 June 2008

The advancement of a regulatory bill by members of the National Association of Insurance Commissioners (NAIC) should assist insurance companies by decreasing pressure to sell bonds with reduced value.

 
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