-
UnitedHealthcare acquires Golden Valley-based health plan PreferredOne
UnitedHealthcare has acquired PreferredOne, a health insurer based in Golden Valley, in a deal that promises to help the nation’s largest insurer compete for business in its home state. The transaction closed Monday morning, said Hayes Batson, the chief financial officer of Fairview Health Services, which took full ownership of PreferredOne in early 2016. Financial terms were not disclosed. The acquisition was a strategic move for UnitedHealthcare, which in 2017 announced a push for a bigger piece of the Minnesota health insurance market. Historically, PreferredOne stood as the fifth largest of the non-profit carriers in the state. A spokesman for
-
An ‘active wealth’ plan can maximize long-term financial success
PeopleImages | E+ | Getty Images In his poem “If,” British author Rudyard Kipling famously wrote that learning to “keep your head when all about you are losing theirs” is part of growing up. That very statement is also part of growing wealth. I wish I could go back to March 2020, when some investors froze, and others sold stocks, amid crashing markets. I would have advised them to keep their heads and follow an active wealth plan. It’s hard to overcome emotion and embrace what is needed most in a crisis — discipline, not impulsiveness. Proactivity, not passivity. Active
-
New York individual health insurance plan rates to increase 3.7% in 2022
Albany, N.Y. — New Yorkers with individual health insurance plans will see rates increase by an average of 3.7% in 2022, the state announced today. The rate changes will range from a low of -4.4% for Independent Health in Buffalo to a high of 9.7% for Healthfirst, an insurer in the New York City area. Here are 2022 rate changes for insurers that sell individual policies in Central New York: Excellus, 4.5%; Fidelis, -0.1%; CDPHP, 7%; MVP, 8.5%. About 264,000 New Yorkers are enrolled in individual plans. Another 900,000 New Yorkers are enrolled in small group plans, which cover employers
-
Anthem Blue Cross and Dignity Health’s contract negotiations could impact your insurance plan
BAKERSFIELD, Calif. (KERO) — Imagine you schedule surgery and once it gets closer to the surgery date you find out the claim was denied. Well that happened to one local family. But they’re not the only ones that will feel this impact. Over 20 Dignity Hospitals in California are now considered out-of-network as contract negotiations continue between Dignity Health and Anthem Blue Cross. “That’s a little terrifying. To know that we have insurance. It would have been covered before and now it’s not,” said patient Vanessa Stuedle. Stuedle says her husband was scheduled for a total knee replacement surgery this
-
Amazon tells bosses to conceal when employees are on a performance management plan
Amazon instructs managers not to tell office employees that they are on a formal performance-management plan that puts their job in jeopardy unless the employee explicitly asks, according to guidance from an Amazon intranet page for managers. The policy, a copy of which was viewed by The Seattle Times, helps explain why some Amazon employees have described the experience of being on the performance-management plan, called Focus, as baffling and demoralizing. Some managers, too, question why they are asked to conceal that their employees are on a pathway that often leads out of the company. The secrecy surrounding performance management
-
Health Insurance Policy Here ‘s What To Consider Before Buying A Health Policy Plan
New Delhi: The importance of health insurance cannot be undermined in times such as these when people are struggling to meet medical expenses owing to hospitalisation and lack of facilities. In a recent study, the Indian Institute of Technology Madras stressed on the need for more investments in public healthcare to mitigate the impact of the pandemic on the elderly. “Only 18.9 per cent of the elderly had health insurance and therefore may not be able to bear large expenditures on health. 27.5 per cent of people aged 80 years or above are immobile and 70 per cent of elders
-
Can an income-driven repayment plan help get my student loans forgiven?
If you can’t afford your student loan payments, enrolling in an income-driven repayment plan can help you get some relief. (iStock) Student loan debt in the U.S. has more than tripled since 2006, according to the Federal Reserve Bank of St. Louis, and as of the first quarter in 2021, Americans currently owe $1.729 trillion in student loans. For some student loan debt holders, repaying this debt is a huge burden. In 2019, 17{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} of adults with outstanding student loan balances were behind on their payments, according to the Federal Reserve. Although wide-scale student loan forgiveness
-
New Army Business Management Plan critical to readiness, modernization | Article
Col. Jonathan Bender, 1st Cavalry Division senior operations and planning officer, discusses collaboration concepts with Shannon Strank, deputy to U.S. Army Combat Capabilities Development Command Army Research Laboratory-South Open Campus during a round table discussion at the division’s Headquarters at Fort Hood, Texas on May 12, 2021. The service recently implemented its Army Business Management Plan, which will improve business practices and processes. The plan is scheduled to undergo annual revisions until 2025. (Photo Credit: Ashleigh Martinez) VIEW ORIGINAL WASHINGTON — The Army has recently rolled out the Army Business Management Plan, or ABMP, an initiative designed to systematically improve
The Number One Source For Business
