Latest Insurance industry News

The Latest: Donelon wins 4th term as insurance commissioner

Oct. 12, 2019 11:09 PM EDT

BATON ROUGE, La. (AP) — The Latest on Louisiana's election (all times local): 10:10 p.m. Jim Donelon has reached a fourth term as Louisiana's insurance commissioner after a hard-fought, intraparty battle to hang on to the job. Voters on Saturday reelected the Republican incumbent to another four-year stint...

Florida woman sentenced in health care fraud case

Oct. 12, 2019 11:03 AM EDT

COLUMBIA, S.C. (AP) — A Florida woman gets jail time after pleading guilty to a scheme involving forged prescriptions sent to a South Carolina pharmacy to be filled. U.S. Attorney Sherri A. Lydon, in a statement, said 47-year-old Natacha Gonzalez, of Weston, was sentenced to 12 months and one day for...

Gov. Polis: Substantial drops in individual insurance rates

Oct. 10, 2019 6:17 PM EDT

DENVER (AP) — Health insurance premiums are dropping substantially for Coloradans buying individual insurance plans on the state exchange next year, Gov. Jared Polis announced Thursday. Polis told a Capitol news conference that the average 2020 price drop for individuals will be more than 20% from current...

California hospital chain going to court over high prices

Oct. 10, 2019 3:43 PM EDT

SAN FRANCISCO (AP) — One of California's largest hospital systems is facing a trial over accusations that it has used its market dominance to snuff out competition and overcharge patients for medical bills. The antitrust lawsuit against Sutter Health, which operates 24 hospitals with 5,500 doctors across...

Woman accused of stealing more than $100K from agency

Oct. 9, 2019 8:21 AM EDT

BEATRICE, Neb. (AP) — A woman has been accused of stealing more than $100,000 while working for a Beatrice insurance agency. Gage County Court records say 44-year-old Nicole Nelson is charged with felony theft. Her attorney didn't immediately return a call Wednesday from The Associated Press. The Beatrice...

Aging Holocaust survivors try to sue over Nazi-era insurance

Oct. 8, 2019 5:01 PM EDT

AVENTURA, Fla. (AP) — When David Schaecter was a child in Slovakia in the 1930s, he counted more than 100 people in his extended family. By the end of World War II, he alone survived. The rest had been killed in Nazi concentration camps or by roving SS death squads. Schaecter lost not only his family, but...

Doctors turn to thumbs for diagnosis and treatment by text

Oct. 8, 2019 10:55 AM EDT

SACRAMENTO, Calif. (AP) — Dr. Anna Nguyen spoke with none of the five patients she treated on a recent weekday morning. She didn't even leave her dining room. The emergency physician nevertheless helped a pregnant Ohio woman handle hip pain, examined a Michigan man's sore throat and texted a mom whose son...

Virginia ambulance service owner gets prison in fraud case

Oct. 5, 2019 5:20 PM EDT

NORFOLK, Va. (AP) — The owner of an ambulance company in Virginia accused of routinely driving patients without licensed emergency medical technicians on board has been sentenced. The Virginian-Pilot reported Friday that 37-year-old Houman "Mike" Motii was ordered to spend 13 months in federal prison....

A small hospital saved amid rural health crisis in Wisconsin

Oct. 5, 2019 1:06 AM EDT

CHICAGO (AP) — When Ryan Neville was brought on as the chief executive of Memorial Medical Center, the sole hospital serving Clark County, Wisconsin, it could not get a bank loan. At that time, in 2013, rural safety net hospitals — those located more than 35 miles from another hospital — had...

Kansas rural hospital survives bankruptcy, failed management

Oct. 4, 2019 1:05 AM EDT

KANSAS CITY, Mo. (AP) — Sitting at the edge of the gently undulating landscape of the Flint Hills in east-central Kansas, the town of Hillsboro boasts a small hospital that has survived a remarkable roller coaster ride even as other rural hospitals stagger and fail. Nine months ago, everything seemed to be...