This week’s roundup features a slew of financial institutions handing out scholarships.
Bay State health insurers are largely supportive of the new Baker administration proposal to assess employers and reform MassHealth to cover rising Medicaid costs, but threw up the caution flag recently on one proposal to encourage greater participation in tiered-network plans.
Ahead of summer rate filings, the Division of Insurance and the Massachusetts Health Connector have for several weeks been working with insurance carriers to provide guidance in connection with the possible loss of “cost sharing reductions” that would affect federal subsidies for plans offered through the Connector.
Aetna announced Wednesday that it is in negotiations to move its headquarters out of Connecticut’s capital, where it has been based for almost two centuries.
A Boston man was sentenced today for his role in a scheme to steal personal information and bank account numbers to withdraw money from retirement accounts.
If a paid family and medical leave bill does not pass the state Legislature this session, the issue could end up before voters as a ballot question, according to Senate President Stan Rosenberg.
Merger and acquisition activity in the insurance sphere on the global stage cooled off in 2016 compared to the previous year, but the picture is different in the insurance distribution arena, where activity remained strong last year going into this year.
A Dover insurance broker was convicted today by a federal jury in Boston in connection with filing fraudulent personal tax returns.
Several organizations are featured in this week’s roundup.
Edgewood Retirement Community Inc., a continuing care retirement community in North Andover, has received a $58.7 million bond from MassDevelopment.
Wells Fargo is weighing a sale of its insurance brokerage business, which could fetch about $2 billion, people familiar with the matter said.
JACA Architects recently announced the completion of the construction and opening of the new Southcoast Health Urgent Care Center.
A Kansas-based insurance company will pay more than $2.8 million to settle charges that it used deceptive and unlawful practices to sell health insurance to Massachusetts consumers, Attorney General Maura Healey said Tuesday.
U.S. stock index futures hit six-week lows on Monday after President Donald Trump failed to push through his health care bill, raising concerns about his ability to deliver on his economic agenda.
According to PwC Insurance’s Top Issues Annual Report for 2016, “Millennials will soon predominate in the workforce, and insurers need to differentiate themselves from companies in other industries as being attractive places for Millennials to work.”
A second Cabinet secretary said Tuesday that the administration is willing to back away from Gov. Charlie Baker’s controversial proposal to impose a $2,000 per employee assessment on companies that don’t meet certain health insurance requirements.
Gov. Charlie Baker is urging the state’s congressional delegation to fight a Republican-backed health care bill that he said could undermine Massachusetts’ efforts to maintain its highest-in-the-nation rate of insured residents.
Gov. Charlie Baker said he finds cause for concern with many of the proposed cuts in President Donald Trump’s budget blueprint released Thursday, including an “alarming” reduction in federal research spending that he cast as a more immediate concern for Massachusetts than the repeal of the Affordable Care Act.
Defending the state’s success in reaching near universal health insurance coverage, Gov. Charlie Baker said Monday he hopes any Republican plan to replace Obamacare protects the gains made in Massachusetts over the past decade.
MassDevelopment has provided a $2.5 million Emerging Technology Fund loan to Lexington Medical Inc., a developer of abdominal surgical devices in Billerica.
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