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(MISSOULA, Mont.) – Montana’s students will see a healthier and more financially secure future thanks to health and education reforms that became law last week, Senator Jon Tester said today. Speaking on the University of Montana campus today, Tester touted the student loan overhaul included in the reform law as a major deficit-reducer that will [...]
INDONESIAN MINISTRY SELECTING STATE COMPANIES READY FOR IPO’S
Indonesia’s state enterprises ministry is selecting state-owned companies which are ready to go public next year. State Enterprises Minister Mustafa Abubakar said at the Indonesia Stock Exchange here on Wednesday that some of the companies being processed are operating in the fields of services, energy and insurance. “We are still selecting them but I am [...]
HealthWyse partners with ZirMed
HealthWyse, a provider of home health and hospice software and services, has partnered with ZirMed, a provider of revenue cycle management solutions, to bring enhanced administrative and revenue cycle management functions to home health and hospice organizations nationwide. The partnership pairs ZirMed’s claims management and revenue generation tools with HealthWyse’s core set of enterprise capabilities, [...]
Ameritas Group Expands Dental Insurance Network
April 8th, 2010 
gary Ameritas Group has expanded its network of dentists, bringing the size of the network to 130,000-plus “access points.” The insurer said it added more than 22,000 such points to its dental network. If a dentist practices at two or three locations, each would count as an access point because the company’s members can receive dental [...]
Insurance Giant Signs L.A. Sports Sponsorship Deal
April 5th, 2010 gary Farmers Insurance Group has signed a multi-year agreement to put its corporate logo on the jerseys of the Los Angeles Sparks women’s professional basketball team. The Los Angeles insurer, a unit of Swiss conglomerate Zurich financial Services, will spend more than $1 million per year for the rights. Team President Kristin Bernet said the insurer [...]
Health Net Federal Services Statement on TRICARE Award Announcement
March 29th, 2010 gary Health Net Federal Services, LLC, the government operations division of Health Net, Inc. released the following statement today in response to the Department of Defense’s release of the TRICARE contract awards: “Health Net Federal Services is disappointed not to be selected by TRICARE Management Activity (TMA) for the Managed Care Support Contractor in the TRICARE [...]
Thomas C. Ramey and Wilhelm Zeller appointed independent directors Axis Capital Board
March 29th, 2010 gary AXIS Capital Holdings Limited announced that the Company’s Board of Directors has appointed Thomas C. Ramey and Wilhelm Zeller to its Board as independent directors. Both will serve as Class II Directors. Michael Butt, Chairman of AXIS Capital, said: “We are delighted to welcome Thomas C. Ramey and Wilhelm Zeller to AXIS Capital’s Board of [...]
Small Insurers Are Relieving the Pressure
March 25th, 2010 gary “All the new business is being written by Florida domestics right now,” says the CEO of one of them, David Howard of Edison Insurance. Domestic insurers — about 20 have been formed in the last decade — now have a third of the market in Florida. Here’s a look at four. The ratings agency [...]
High Court: Parents Can’t Sign Away Kids’ Rights
March 25th, 2010 gary Christopher Jones was determined to conquer the double-jump obstacle at the Thunder Cross Motorsports Park in Okeechobee. The ATV driver crashed during an attempt insurance news six years ago and ended up in the emergency room. He tried again a month later and was ejected from the vehicle. The ATV fell on the 14-year-old, and [...]
Britons overestimate the cost of protection insurance
March 24th, 2010 gary Legal & General (L&G) is concerned that Britons don’t take out protection insurance because they believe they can’t afford it. In the recent survey of 1,964 adults, L&G found that 65% of respondents over-estimated the cost of taking out £150,000 worth of life cover. The group’s commercial director for housing, Karen Blatchford, points out that [...]
Consumers buy PPI to gain credit card approval
March 24th, 2010 gary Which?, is once again on the offensive over Payment Protection insurance (PPI), which is sold alongside secured and unsecured loans to cover repayments if the borrower is off work because of illness or unemployment. The consumer group claims that hundreds of thousands of Britons have bought PPI because they were under the impression that their [...]
More Bidders Could Emerge for Hospital Operator’s $74M Debt
March 18th, 2010 gary A court-appointed receiver who is selling loans made to Santa Ana-based hospital operator Integrated Healthcare Holdings Inc. said he has entered agreements with about 11 potential additional bidders. Thomas Seaman of the Thomas Seaman Co. in Irvine also said he’s been in contact with “numerous interested parties” about the loans. Names of potential bidders weren’t [...]
Health Care System Develops Online Tool
March 18th, 2010 gary Two years in the making and $2 million later, Sharp HealthCare has unveiled an online tool that allows patients to track their health and e-mail their doctor with any questions. Called mySharp, the online portal also gives patients a way to pay bills, schedule appointments, refill prescriptions and check the results of any laboratory tests. [...]
Private Equity Spending Again, Targeting Smaller Cos.
March 18th, 2010 gary Local private equity investment fell off a cliff last year. But managers are expecting improvement in the second half of this year after some encouraging signs in late 2009. “In some segments of the private equity market, last year ended with more deals than the combined total of the previous three quarters,” said Chris Britt, [...]
