‘In The News’ Archives
One indication of how underserved the Inland Empire region is has to do with its ratio of hospital beds. The High Desert only only 1.1 beds per 1,000 patients. Adding to pressures on the regions lack of hospitals is the poverty rate, which is about twice that of Orange County, reports California Healthline.
While the Supreme Court debates the constitutionality of the health care reform law, California lawmakers are addressing another challenge to universal access: a shortage of doctors in the state. In addition to a shortage of primary care physicians overall, there's also a distribution problem, with shortages of physicians being reported in rural [...]
A decision by the Supreme Court allows medical providers to continue suing to stop the cuts, which would lower reimbursement rates for doctors who participate in the state's Medi-Cal program.s according to a report in the Los Angeles Times.
The Supreme Court held a rearing on Monday that focused on whether the health reform mandate should be considered a tax. If so, the court would not be able to hear challenges to the law until the penalties would be implemented in 2014, according to a report in NY1.com
A 61-year old Santa Ana woman got a life sentence for killing her sick husband to collect on his life insurance policy and retirement funds. Prosecutors said Jessee Aehlert and her son, Thomas Aehlert hired a hit man to kill her third husband because she was tired of caring for him, she wanted to avoid paying for his cancer treatment, and she [...]
Blue Shield of California Foundation announced $11.4 million in first-quarter funding. The majority of these funds will provide community health centers and domestic violence service providers with core operating funds, which are especially important at a time of great change in both fields. Community health centers are undergoing a major shift [...]
A ratings firm in San Diego has issued a report naming the top 25 best 401(k) plans offered by companies in the Los Angeles area. The list was compiled from a total of 1,712 plans of companies within 50 miles of Los Angeles. The list ranks plans with more than $100 million in assets. The rankings can be found at www.latimes.com.
A survey by the Field Research Corp. reveals that California voters support vital elements of a “smart” state health benefit exchange -- one that would employ market forces and provide team care options to drive down costs; improve medical outcomes; and expand access to care. Nearly three in four California voters expressed interest in making [...]
The insurance giant said it is exiting the annuity business so it can focus on its property and casualty insurance group benefits and mutual funds. The move came over pressure form one of its largest shareholders, John Paulson. Although the company was a leader in variable annuities, its exposure to the guarantees that come along with some [...]
Hartford Financial Services has announced that it would exit its annuity business and consider a sale of a large portion of it's life insurance operation. They will cease new annuity sales in April. However, for people who own Hartford's fixed or indexed annuities, it means that Hartford is still obligated to protect its exisiting customers and [...]