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The Latest Breaking News from Insurance

North West 200 and other Northern Ireland motorcycle events to go ahead in 2023

It comes after all motorcycle events had been cancelled back in February due to rising insurance costs

Belfast Live

This safety-net hospital doctor treats mostly uninsured and undocumented patients

Many of Ricardo Nuila's patients at Houston's Ben Taub Hospital are dealing with serious illnesses as a result of not being able to access basic preventive care. His new book is The People's Hospital.

WEKU

Budget 2023: what it means for people on a range of incomes

How Hunt’s measures on tax and benefits will affect single people, couples and those receiving pensions

The Guardian - UK

From analysis to the latest developments in health,
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When will Medicare cover medical marijuana?

Many older adults are using medical marijuana to treat a variety of conditions, but experts say that conflicting laws, unclear safety standards and complicated rulemaking processes mean it could be years before Medicare may cover the drug

The Independent UK

It pays to shop around for health insurance, with significant savings on offer

CHOICE has crunched the numbers and worked out the most 'overpriced' health insurance policies around Australia.

The New Daily

Washington reacts on the fly to Silicon Valley Bank failure

After a frenetic weekend of round-the-clock briefings, U.S. policymakers took the audacious step of guaranteeing all the deposits of the failed Silicon Valley Bank — even those exceeding the Federal Deposit Insurance Corporation's $250,000 limit

The Independent UK

Viriyah targets B43bn in total written premiums in 2023

Local non-life insurer Viriyah Insurance is aiming to achieve total written premiums worth 43 billion baht this year, up from 40.9 billion last year.

Bangkok Post

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Antrim Newtownabbey bonfire fun day grants to be increased by £500

"We would welcome more groups to sign up to the protocol"

Belfast Live

House, Senate members affected in DC Health Link breach total 21 - Roll Call

The DC Health Link data breach impacted 21 members across the House and Senate who get their insurance through the program.

Roll Call

Medicaid health plans try to protect members — and profits — during unwinding

The federal COVID-19 pandemic protections that have largely prohibited states from dropping anyone from Medicaid since 2020 helped millions of low-income Americans retain health insurance coverage — even if they no longer qualified — and brought the U.S. uninsured rate to a record low.

Tribune News Service

Making sense of Silicon Valley Bank's failure: What it means for your money

It's never a good sign when "bank collapse" is trending on Twitter.

Los Angeles Times

Novo Nordisk will cut some U.S. insulin prices by up to 75% starting next year

The Danish drugmaker's move follows a similar announcement by rival Eli Lilly earlier this month. More than 8 million Americans use insulin, according to the American Diabetes Association.

WEKU

Shark Tank star blasts SVB's 'idiot management' and 'negligent directors' over collapse

'Mr Wonderful' claimed President Joe Biden nationalized the American banking system.

Fortune

Feds move to rein in prior authorization, a system that harms and frustrates patients

When Paula Chestnut needed hip replacement surgery last year, a pre-operative X-ray found irregularities in her chest.

Tribune News Service

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Tribune News Service

Why does insulin cost so much? Big Pharma isn’t the only player driving prices

Eli Lilly & Co.’s announcement that it is slashing prices for its major insulin products could make life easier for some diabetes patients while easing pressure on Big Pharma.

The Independent UK

Police officer delivers couple’s chicken takeaway while on duty after driver stopped

A Metropolitan Police officer completed the job after they reportedly caught the delivery driver without correct insurance

WEKU

California court says Uber, Lyft can treat state drivers as independent contractors

The ruling mostly upholds a voter-approved law that said drivers for ride-share companies are independent contractors and are not entitled to benefits like paid sick leave and unemployment insurance.

Los Angeles Times

Biden says banking system is safe, promises accountability for Silicon Valley Bank failure

WASHINGTON — “This is not 2008”: That was the mantra of Biden administration officials Monday as they sought to reassure investors and the public that a regulatory takeover of two failed banks and rescue of their depositors, along with newly implemented safeguards, would be enough to avert a broader crisis…

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Los Angeles Times

Democrats keep pushing to bolster California's role as an abortion sanctuary

Democratic lawmakers introduced a package of bills on Monday to further bolster California's role as an abortion haven after last year's repeal of the landmark Supreme Court ruling in Roe vs. Wade.

Chicago Sun-Times

Washington tries to contain chaos from Silicon Valley Bank’s failure

Analysts say there is little chance of a wider banking crisis after the failure of Silicon Valley Bank, as the banking system is well-capitalized and passed stress testing.

Tribune News Service

New obesity drug would cost Medicare $27 billion, even with limited uptake

Covering Novo Nordisk A/S’s new obesity drug Wegovy could strain the budget of US government insurance program Medicare, according to a new analysis in the New England Journal of Medicine.

WEKU

The White House is avoiding one word when it comes to Silicon Valley Bank: bailout

The Biden administration has taken pains to avoid the word "bailout" in describing the effort to rescue Silicon Valley Bank depositors. Yet banking experts say it sure does look like a bailout.

The Independent UK

Biden's test: Can he show competence to avert banking chaos

President Joe Biden is confronting a significant challenge as his administration grapples with the fallout from the second- and third-largest bank failures in history

WEKU

The FDIC was created exactly for this kind of crisis. Here's the history

When it was established in 1933, some 4,000 banks had closed in the first few months alone. The FDIC is relying on one of its main tools — deposit insurance — to prevent more banks from failing.

Reuters

U.S. to extend humanitarian stay for Ukrainians who entered via Mexico border

The Biden administration will allow Ukrainians who entered the United States last year at the Mexico border to renew their humanitarian status, giving them continued access to government benefits like health insurance and food stamps.

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