CollectionsInsurance
IN THE NEWS

Insurance

NEWS
October 25, 2014 | By Chris Hepp, Inquirer Staff Writer
Looking to better manage health-care costs, the Nutter administration is taking two big swings at tobacco. Come Jan. 1, Philadelphia will add a $500 annual premium to benefits costs for nonunion employees who use tobacco products, and a $15 surcharge for prescriptions filled at pharmacies that sell tobacco products. The charge on prescription co-pays is part of a plan being launched by the city in partnership with CVS Caremark, a pharmacy benefits provider owned by the parent company of CVS drug stores.
NEWS
October 25, 2014 | By Paul Nussbaum, Inquirer Staff Writer
More than 25 percent of Philadelphia taxis may be forced off the streets by Friday evening for lack of adequate insurance coverage, the Philadelphia Parking Authority said Thursday. The financial collapse of a company that specialized in insuring taxis means that 466 of Philadelphia's 1,600 taxis will have to find a new insurer by 5 p.m. Friday or stop operating, PPA general counsel Dennis Weldon said. PPA officials will ground any cabs that try to operate without proper insurance after the deadline, Weldon said.
NEWS
October 19, 2014 | By Robert Calandra, For The Inquirer
Deborah Fasoline quit smoking. The 57-year-old Bensalem truck driver had tried twice before to stop but failed. This time was different. This time she squashed her lifelong habit like a spent cigarette butt under foot. Fasoline says she has gone seven straight months without lighting up. That's one month more than the Affordable Care Act demands to expunge the up-to-50 percent tobacco surcharge on smokers' monthly premiums. So you can understand why Fasoline can't wait for the marketplace to reopen next month.
NEWS
October 12, 2014 | By Robert Calandra, For The Inquirer
  In June, Anthony Capone said he liked his AmeriHealth Medicare Advantage plan so much he persuaded his 89-year-old mother and aunt to make the switch. Things were going along fine until recently, when the Mount Laurel businessman's renewal notice arrived in the mail. He opened the package and was taken aback. His monthly premium had spiked to $62 a month, a $23 rise. Other fees - in-hospital co-pay (up to $175), Part D deductible ($25), and ambulance ($100) - have also risen.
NEWS
October 8, 2014 | By Marie McCullough, Inquirer Staff Writer
More than a decade after prostate cancer became the economic driver behind proton beam therapy in the U.S., it still isn't clear that men treated with the technology do better than those who get less costly radiation treatments. That's why expert groups have recently advised against insurance coverage of proton therapy for prostate cancer - and why some private plans are refusing to pay for it. The Catch-22 is that this pullback is hampering a clinical trial co-led by the University of Pennsylvania that would finally settle the question of superiority.
NEWS
October 5, 2014 | Robert Calandra, For The Inquirer
Scott R. Hafetz is a glass-half-full kind of guy. So last fall, when the launch of the Affordable Care Act website had his health insurance broker colleagues fretting about their future - OK, panicking - Hafetz figured things would somehow work out. He was right. "I figured there would be a place for us," says Hafetz, an independent health insurance broker and owner of Hafetz & Associates in Linwood, N.J. A year ago, health insurance brokers and agents were looking like an endangered species.
NEWS
October 1, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
Alan Beaumont Worthington, 89, of Plymouth Meeting, a World War II veteran and insurance claims company executive, died Saturday, Sept. 20, of congestive heart failure at Masonic Village in Lafayette Hill. Mr. Worthington was a leader in the Philadelphia-area insurance claims business. As president of Weeks-Worthington Adjustment Co. in Jenkintown, he provided independent claims-adjustment services for larger insurance firms. The firm was sold, and Mr. Worthington stayed on until retiring nine years ago. He was treasurer of the Pennsylvania Association of Independent Insurance Adjusters for many years.
NEWS
September 30, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
Thomas E. Lynch Sr., 71, of Broomall, an insurance underwriter and volunteer for veterans' organizations, died Friday, Sept. 19, of chronic obstructive pulmonary disease at Genesis HealthCare-Wayne Center in Wayne. Born in Philadelphia, Mr. Lynch graduated from St. Joseph's Preparatory School. In 1965, he earned a bachelor's degree in marketing from St. Joseph's University, where he founded and was president of the Marketing Club. After graduating, he joined the Insurance Co. of North America (INA)
NEWS
September 20, 2014 | By Bonnie L. Cook, Inquirer Staff Writer
Martin R. Stenson, 71, of Springfield, Delaware County, a longtime insurance salesman and active community worker, died Sunday, Sept. 14, of Alzheimer's disease at his home. Mr. Stenson attended St. Thomas More Boys' High School in Philadelphia, where he forged many of his lifelong friendships. He graduated in 1952 and then served in the Army. In 1960, he was hired as a salesman with Liberty Mutual Insurance Co. His office was first in Bala Cynwyd and later in Springfield. He stayed with the firm for almost 40 years.
NEWS
September 15, 2014 | By Walter F. Naedele, Inquirer Staff Writer
In the 1970s and 1980s, Samuel W. Madara and his wife, Connie, traveled overseas several times to share ideas about insurance "with a broad group of insurance people," she said. They and others in their group were not simply Americans bringing their methods to other cultures, she said, but were also learning in seminars from foreign insurers. "It was an exchange of ideas peculiar in China" at the time, she said in a phone interview, because in the days before private enterprise, "they were all government workers.
« Prev | 1 | 2 | 3 | 4 | 5
|
|
|
|
|