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NEWS
January 13, 2016 | By Julie Shaw, Staff Writer
The former owner of the historic Bucks County Playhouse was sentenced Monday to 21/2 years in prison after collecting about $240,000 from bogus insurance claims he made on behalf of the theater and attempting the same tactic for a second theater he owned. Ralph Miller, 69, of New Hope, was convicted of money laundering and mail fraud in May by a federal jury in Philadelphia. In sentencing Miller, U.S. District Judge Cynthia Rufe called him a "charlatan" and "snake oil salesman," according to Assistant U.S. Attorney K.T. Newton.
NEWS
December 28, 2015 | By Tom Moor, ANGIE'S LIST
Do you ever wonder about all the factors that go into how much you pay for car insurance? The answer isn't as simple as it might seem. There are dozens of factors that go into how much drivers pay for auto insurance. "Auto insurance used to be so easy," said Ken Henry, owner of Henry Insurance Agency in Cincinnati. "All you needed to know was someone's age, accidents or tickets and city or county. If your neighbor had the same car, was your age with a similar driving record, and was with the same insurance company, you both got the same rate.
BUSINESS
December 21, 2015
Kids out of school for the holidays? You could take them to the Star Wars film at the Franklin Institute's IMAX theater. They could amble through the heart's arteries or marvel at stars in the planetarium. Or they could gaze at Jamie Maguire's hair stuck to a bicycle helmet. Why is his hair and helmet on display? Consider it an object lesson. The reason James "Jamie" Maguire Jr., 55, was able to give $1.5 million to the Franklin Institute was, in part, because the helmet saved his life in a bicycle crash last year.
BUSINESS
December 20, 2015
Where: Bala Cynwyd. Parent: Tokio Marine Group, Japan. Business: Sells insurance in many niches - bowling alleys, cyber security, yoga studios, pest control, zoos, professional liability. What's new: Now covers craft breweries. 2015 revenue: $2.9 billion. Employees: 2,000; 600 here.
BUSINESS
December 16, 2015
Vanguard Group looks set to add more than $200 billion in new assets during 2015 for a second straight year, taking the total to $3.5 trillion. It could be a bit more. But the Malvern mutual-fund giant is minimizing the value of one asset in every Vanguard fund's portfolio: shares of Vanguard Group Inc., the company that manages Vanguard's funds. Every Vanguard fund (and, through the funds, every Vanguard shareholder) owns a piece of Vanguard Group. How much is Vanguard worth?
BUSINESS
December 13, 2015 | By Chris Mondics, Inquirer Staff Writer
An anti-abortion group with no religious affiliation cannot claim an exemption from the Affordable Care Act requirement that employers provide employee health insurance covering contraception, a federal judge has ruled in Harrisburg. U.S. District Judge John E. Jones III found that Real Alternatives, a pregnancy and parenting counseling agency that advises women to carry pregnancies to full term and avoid abortions, has no right to an exemption from the ACA requirement, because it cites only moral objections to it and provides no religious basis for its position.
BUSINESS
November 27, 2015 | By Harold Brubaker, Inquirer Staff Writer
MANNA, a nonprofit founded in 1990 to provide meals to those with HIV/AIDS, has been serving people with other illnesses for nearly a decade. But to do so, it had to depend on philanthropy - until this year, when MANNA struck a deal with Health Partners Plans Inc. to provide meals to diabetics who are members of Health Partners' Medicaid program. For MANNA, it's a big deal, the first time it has tapped insurance dollars. "Nobody had ever figured out how to pay for this service," said Susan Daugherty, a registered dietitian and chief executive of MANNA (Metropolitan Area Neighborhood Nutrition Alliance)
NEWS
November 16, 2015 | By Mauree Miller, For The Inquirer
Whether you are insured through your employer, the Obamacare marketplace, or Medicare, choosing the right plan is only the start of being a wise health-care consumer. It's now open-enrollment season for the marketplace, Medicare, and most employer plans, so you may be seeing a lot of advertising on the subject. Here are 10 tips to help you get started selecting a plan and then getting the most out of it: Read your options carefully. Even if you are choosing the same plan you had for 2015, there could be changes to it for 2016.
NEWS
October 6, 2015 | By Andrew Seidman, Inquirer Trenton Bureau
TRENTON - New Jersey's largest health insurer on Monday defended a new alliance it has struck with some of the state's hospital systems that's intended to lower costs for consumers, even as lawmakers questioned the criteria it used to choose its partners. Horizon Blue Cross Blue Shield of New Jersey last month announced it had formed the Omnia Health Alliance with six of the state's 20 hospital systems and a physicians group. The only South Jersey hospital system included in the alliance is Inspira.
BUSINESS
September 25, 2015 | By Harold Brubaker, Inquirer Staff Writer
Horizon Blue Cross Blue Shield of New Jersey stirred things up this month when it announced the formation of Omnia Health Alliance with just six of the state's 20 health-care systems. It also included a large physicians group, but the only South Jersey system in Omnia is the relatively small Inspira. That left health executives scratching their heads over how Horizon, New Jersey's largest health insurer, made its picks. With the Omnia network, Horizon plans to sell health insurance plans with lower premiums and lower out-of-pocket costs next year if consumers use the Omnia network or an additional eight so-called Tier 1 hospitals and health systems.
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