October 24, 2012 |
Earlier this year, administrator Frank V. Aloise stood before staff members at Springside Chestnut Hill Academy with this news: Their health-care premiums would rise by zero. At Campus Apartments L.L.C., the student-housing developer and manager in West Philadelphia, the news from official Helen Marshall was the same: zero increase. At a time when average health-insurance premiums continue to go up - anywhere from 4 percent to 10 percent in 2012, depending on the study - these two organizations managed to bend the cost curve, as they say. How did they do it?
September 27, 2012 |
WASHINGTON - Millions of seniors enrolled in some of the most popular Medicare prescription drug plans face double-digit premium hikes next year if they don't shop for a better deal, says a private firm that analyzes the highly competitive market. Seven of the top 10 prescription plans are raising their premiums by 11 percent to 23 percent, according to a report this week by Avalere Health. It's a reality check on a stream of upbeat Medicare announcements from the Obama administration, all against the backdrop of a hard-fought election.
August 24, 2012 |
"PREMIUM RUSH" vaults immediately to front rank of action movies about bicycle messengers. Ahead of . . . was "Quicksilver" an action movie? It seemed more like one of those '80s movies about some guy struggling to find himself, before finally making it as a writer/fighter pilot/race driver/bartender/bike messenger, starring Michael J. Fox, Tom Cruise, Tom Cruise, Tom Cruise or Kevin Bacon. "Premium Rush" stars Joseph Gordon-Levitt, and his character, Wilee, seems initially to be cut from the same self-involved cloth - graduated from law school, declined to take the bar exam, became immersed in the daredevil world of trick-riding and paid the bills by hurtling dangerously through the streets of New York on a highway to the danger zone.
May 17, 2012 |
The 2011 HomeInsurance.com RateReport showed a considerable increase in average 12-month homeowners insurance premiums for new policies in December 2011, the website reported Wednesday. HomeInsurance.com's data represents about 15,000 policies sold across the United States. HomeInsurance.com's RateReport shows 12-month home insurance premiums in December 2011 were $810 nationwide, a 19 percent increase from January 2011, at $682. RateReport shows that on a nationwide basis, homeowners are paying, on average, $128 more per year for new homeowners insurance policies than they were at the beginning of the year.
April 27, 2012 |
WASHINGTON - More than three million health insurance policyholders and thousands of employers will share $1.3 billion in rebates this year, thanks to President Obama's health-care law, a nonpartisan research group said Thursday. The rebates should average $127 for the people who get them, and Democrats are hoping they will send an election-year message that Obama's much-criticized health-care overhaul is starting to pay dividends for consumers. Critics of the law call that wishful thinking.
April 10, 2012 |
Delphi Financial Group Inc., a Wilmington insurance company, announced Monday a $49 million settlement with stockholders who alleged that the pending $2.7 billion sale of the company to Tokio Marine Holdings Inc. had an unfair premium for Delphi founder Robert Rosenkranz. Shareholders approved the sale, announced Dec. 21, last month. It is expected to close by the end of June. Most shareholders, owners of Class A shares, will receive $43.88 per share, plus a $1 per share special dividend.
March 28, 2012
Both the Republican National Committee and the Obama administration are making misleading claims about health insurance premium costs. An RNC ad falsely implies that the federal health-care law is responsible for all of the $1,300 average increase in family coverage premiums last year. But the administration makes the misleading claim that families "could save up to $2,300" on health care costs per year by buying insurance through exchanges called for by the law. Let's start with the RNC ad, launched last week.
March 6, 2012
President Obama said Tuesday that homeowners with FHA-insured mortgages endorsed on or before May 31, 2009, who choose to refinance their loans to record low rates would see upfront and annual premiums reduced when they do. Effective for existing FHA loans refinanced starting June 11, the upfront premium will fall from 1 percent to 0.01 percent of the base loan amount, FHA acting commissioner Carol Galante said. The annual premium will decline to 0.55 percent. Last week, Federal housing Administration announced premium increases for new loans, beginning April 1. To take advantage of this streamlined refinancing program, borrowers must be current on their mortgages, she said.
January 2, 2012 |
Every morning about 7, Lou Perseghin hears a ding on his smartphone and receives an e-mail inviting him to accomplish a daily challenge designed to improve his health and well-being. Some days the challenges may be physical, such as rising on your toes 10 times, or doing hip rolls, or flexing and stretching your fingers. On other days, the challenges may be aimed at emotional well-being - compliment yourself; take a few minutes to imagine a place that's beautiful to you; view three photos of a happy time in your life; change the playlist for your walks and workouts.
October 28, 2011 |
WASHINGTON - Good news for seniors: The government says Medicare's basic monthly premium will rise less than expected next year, by $3.50 for most. It could be good, too, for President Obama and Democrats struggling for older Americans' votes in a close election. At $99.90 per month, the 2012 Part B premium for outpatient care will be about $7 less than projected as recently as May. The additional money that most seniors will pay works out to about 10 percent of the average Social Security cost-of-living increase they will also be due. Some recently enrolled younger retirees will actually pay less: $99.90 a month, down from $115.40 this year.