Category Archives: Insurance

Utah man wins Lamborghini, crashes it hours later

By doris | Published: December 22, 2011

Full Story at msnbc.com SALT LAKE CITY — A truck driver who won a Lamborghini worth about $300,000 in a convenience store contest crashed the sports car six hours after he got it, and he now plans to sell the 640-horsepower convertible because he can’t afford the insurance or taxes. “I already had offers on [...]

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Baby boomers worry about finances, health costs

By doris | Published: July 29, 2011

Full Story atnews.Yahoo.com WASHINGTON (AP) — The “golden years” may lose some luster for many baby boomers worried about the financial pressures that come with age. Many of the nation’s 77 million boomers are worried about being able to pay their medical bills as they get older, a new poll finds. The concern is so [...]

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Appeals court upholds Obama health care law

By doris | Published: June 29, 2011

Full Story at First Read.msnbc.msn.com Today’s ruling by a federal appeals court in Ohio, upholding the Obama health care law, marks the first time a Republican-appointed judge has found the most controversial part of the law constitutional. The ruling by a three-judge panel of the Sixth Circuit Court of Appeals was 2-1 on the “individual [...]

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States ignored warnings on unemployment insurance

By doris | Published: February 19, 2011

Full Story at news.Yahoo.com WASHINGTON – State officials had plenty of warning. Over the past three decades, two national commissions and a series of government audits sounded alarms about the dwindling amount of money states were setting aside to pay unemployment insurance to laid-off workers. “Trust Fund Reserves Inadequate,” federal auditors said in a 1988 [...]

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Fla. judge strikes down Obama health care overhaul

By doris | Published: January 31, 2011

Full Story at news.Yahoo.com PENSACOLA, Fla. – A federal judge declared the Obama administration’s health care overhaul unconstitutional Monday, siding with 26 states that argued people cannot be required to buy health insurance. Senior U.S. District Judge Roger Vinson agreed with the states that the new law violates people’s rights by forcing them to buy [...]

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CBO: Senate bill $1 trillion over 10 years

By doris | Published: June 16, 2009

Full Story At News.yahoo.com WASHINGTON – A leading health care bill under consideration in Congress would cost the government an estimated $1 trillion over the next decade and reduce the ranks of the uninsured by about one-third, or 16 million individuals, congressional budget officials said Monday in a preliminary estimate. In a letter to Sen. [...]

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Insurers offer to stop charging sick people more

By doris | Published: March 25, 2009

Full Story At  msnbc.com WASHINGTON – The health insurance industry offered Tuesday for the first time to curb its controversial practice of charging higher premiums to people with a history of medical problems. The offer from America’s Health Insurance Plans and the Blue Cross and Blue Shield Association is a potentially significant shift in the [...]

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Nearly 1 in 5 workers has no health insurance

By doris | Published: March 24, 2009

Full Story At  msnbc.com WASHINGTON – American workers — whose taxes pay for massive government health programs — are getting squeezed like no other group by private health insurance premiums that are rising much faster than their wages. While just about all retirees are covered, and nearly 90 percent of children have health insurance, workers [...]

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