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 ... Continue Reading →

Physician Orders for Life-Sustaining Treatment (POLST)

Without a conversation about a person’s preferences for medical interventions, and a way to document them, patients can end up on a runaway medical train, undergoing ineffective, ... Continue Reading →

2012 Annuity Sales Are a Mixed Bag

While a number of annuity markets experienced record sales in 2012, total annuity sales dropped 8 percent, tallying $219.4 billion, according to LIMRA’s fourth quarter 2012 U.S. ... Continue Reading →

CA Health Chief Looks Within For Solution to Rising Costs

The health care industry is the worst managed in America. It wastes near $765 billion a year due to inefficiencies, mistakes, duplicative and unnecessary services and fraud, according ... Continue Reading →

CA Healthcare Exchange Sets Benefits and Costs for Plans

The state’s healthcare exchange, Covered California, began a small revolution Wednesday when standardized benefits and costs were unveiled for insurance plans it will begin selling ... Continue Reading →

Secret Service to Train Employees in Retirement Planning

The U.S. Secret Service has issued a Request for Quote (RFQ) to firms that can provide financial planning and retirement planning seminars to Secret Service employees at the agency’s ... Continue Reading →

RN Protest Calling for Expanded Medicare for All

Registered nurses will join with the Campaign for a Healthy California, a coalition of labor and healthcare activists, Monday, February 11 in Sacramento in a challenge to California ... Continue Reading →

Cigna Paying Berkshire $2.2 Billion to Take Annuity

Cigna Corp. (CI) struck a deal with Warren Buffett’s Berkshire Hathaway Inc. (BRKA, BRKB) that will transfer up to $4 billion in obligations pegged to once-troublesome annuity ... Continue Reading →

SynerMed and the CA LTC Education Center to Add Thousands of Jobs

SynerMed, Inc., announced that it is partnering with the California Long-Term Care Education Center (CLTCEC) to transform IHSS education and create a care coordination model for consumers ... Continue Reading →

After Earnings Struggle, Health Net Focuses on CA Duals

Managed care insurer Health Net reported 2012 fourth quarter earnings down 91 percent from the previous year, after litigation, severance costs and declines in commercial enrollment. The  company had ... Continue Reading →