‘Industry Updates’ Archives
California Rural Health Association Closes Shop
The California State Rural Health Association, a unifying voice for the state's disparate rural health care providers for almost two decades, has laid off staff and closed its Sacramento office. The 16-member board of directors hopes to keep the trade association alive and active, "but it's becoming more difficult in this environment," said Dave [...]
California Fails in Healthcare Costs Transparency
A new national report gives California a "D" for its overall legislative effort to make healthcare cost information more accessible to consumers. California health care cost transparency laws are seriously lacking says a new study which looked at how much health care pricing information is readily available to consumers. Thirty-six states [...]
Kaiser: The Face of Future Health Care?
When people talk about the future of health care, Kaiser Permanente is often the model they have in mind. The organization, which combines a nonprofit insurance plan with its own hospitals and clinics, is the kind of holistic health system that President Obama’s health care law encourages. Kaiser has sophisticated electronic records and [...]
Most 401(k) Plans Survived the Recession Intact
Research discovered that 88 percent of companies maintained matching 401(k) contributions over the past five years. Among the 12 percent of companies that either suspended or eliminated their retirement contribution programs, 5 percent have since at least partially restored their contributions. The survey results show that employers and employees [...]
Financial Advisors Not So Good at Planning their Own Retirement
Financial advisers continue to put off planning their own retirement even though an overwhelming majority of them are at least 50, a new survey shows. About 68% of advisers have no formal succession plan for their business, according to an SEI survey of 100 advisers released today. Of those who have a plan, about 39% said they still aren't sure [...]
Genworth Financial Suspends California LTC Sales
Genworth Financial Inc. is suspending sales of its long-term health insurance products in California, as the company — and industry in general — is reassessing its ability to cover nursing-home and assisted-living-facility costs. The largest seller of long-term health care domestically, Genworth (US:GNW) said it would stop offering its [...]
Half of All Women Lack a Retirement Strategy
An endless stream of studies and surveys all show women are less prepared for retirement than men. The typical story line: "Women aren't interested in managing money, and they're not good at it. They're more interested in other things - family, friends, children." The real problem can be found elsewhere - in the sobering data about the economic [...]
Never Too Late to do Retirement Planning
Some of the assumptions we've made for generations about the best way to save and plan for retirement may no longer be true. The decline in housing and stock prices beginning with the 2008 crash, and a decline in 401(k) matches from employers, has raised the proportion of working households at risk of having too little to retire on just over half, [...]
Lumina HealthCare is Chosen by CareMore for Mobile Dentistry in California
Lumina HealthCare has just announced that they have been chosen by CareMore for long term care facilities in California and other environments where mobile dentistry in California is an asset. CareMore provides convenient, on-site dental care in the comfort of a home or place of residence. Lumina HealthCare will come to CareMore members on-site, [...]
RICO Complaint Seeks Return of $2.3 Million
An Idaho LLC claims it fronted apparent securities recidivists $2.3 million to launch an annuity scheme that never happened. Idaho Falls-based R-LLC sued UMS Capital Group dba Insurance AnnuityGroup, Joseph Mermis, Xavier Barrios and C.M. Salazar, in Federal Court. It claims the defendants sought, and got, venture capital money from it in 2009 [...]
