The Obamacare Health Insurance Fee. It's baaaaaack!

The so-called “Health Insurance Fee” levied as part of Obamacare was given a moratorium for one year, 2017, but will apply again in 2018. This Fee increased overall premiums by around $13 billion during 2016, $0 in 2017, and is expected to increase premiums by more than $14 billion in 2018 according to consultants Oliver Wyman That one-year moratorium on the HIF was an important factor to insurance companies.  It… Read Article →


Banks get rap across the knuckles as Carney steps in to preempt a bubble

The total stock of consumer credit amounts to £145bn. Banks are already putting in place an extra £11.4bn capital buffer over the 18 months from last June in the countercyclical buffer, which is built up gradually in good years to prepare banks further for a slowdown. Given the sector already has more capital than the bare minimum required by regulators, this is not hugely difficult. The really important change will… Read Article →


Graham-Cassidy health care bill may doom future GOP attempts to kill ACA

Insurance companies, hospitals, doctors, patient groups and even John McCain have vehemently opposed the bill. The Graham-Cassidy health care bill is facing widespread opposition from many directions, including from a key member of the Republican party. Should this most recent effort to repeal the Affordable Care Act (ACA) fail, it may prove to be the end of the effort. Hospitals, doctors, health insurance companies and other groups rallied together to… Read Article →


Navigator Funding and Agent Commissions

Obamacare supporters and Democrats in congress are outraged to learn that President Trump is cutting funding for an arm of Obamacare’s outreach known as “Navigators”. These unlicensed individuals who don’t have professional liability insurance have been responsible for enrolling 81,426 people into Obamacare policies since 2014. They have also played a role in educating the public through various activities. Since the rollout of, Navigators have received funding of:  $67… Read Article →


Concern at scale of peer-to-peer lender's defaults

Last year it emerged Lendy, or Saving Stream as it was then known, had also lent £2.5m to a company, Acorn Finance, linked to a twice former bankrupt, Desmond Phillips. At the time the business said that Mr Phillips’ background, who set up Acorn Finance, was “not relevant to its capacity to repay”. A study of Lendy’s loan book reveals that almost 25pc of loans, worth £47.2m, are outside original… Read Article →

TPA Alternative Service Concepts Named a 2017 Best Places to Work in Insurance

Nashville, TN, September 22, 2017 –(– Alternative Service Concepts, LLC (ASC), a national provider of workers’ compensation and property and casualty third party claims administration services, this week announced it earned a spot as a member of the prestigious group of companies named to the 2017 Best Places to Work in Insurance by Business Insurance. This award program is a joint effort between Business Insurance and Best Companies Group (BCG)… Read Article →


Trump storms at McCain on Obamacare; NFL players on anthem protests; NBA Warriors, Curry on White House snub

U.S. President Donald Trump is criticizing U.S. Sen. John McCain, R-Ariz., over his opposition again to Republican efforts to get rid of Obamacare. “John McCain never had any intention of voting for this Bill, which his Governor loves. He campaigned on Repeal & Replace. Let Arizona down!,” Trump said via Twitter (NYSE: TWTR). Trump’s hit at McCain after comments last night at a rally in Alabama calling on the National… Read Article →


Medicare Open Enrollment 2018

Medicare 2018 Open Enrollment starts on October 15th and ends on December the 7th. Where can I get answers to my questions? What can I change? What can’t I change? Why should I change? Where can I get answers about Medicare Open Enrollment 2018? Almost anywhere. 1-800-MEDICARE or is where many look for answers. Others will call a carrier. Some will talk with SHIP volunteers while others prefer an… Read Article →


M&S launches trials for online grocery delivery

Marks & Spencer has started trials for an online grocery service to find out “what works for [its] customers”, amid mounting concern among supermarkets about how Amazon may shake up the market. M&S said it would be running two “small trials” for the service, one in Camden and the other in Woodley near Reading, both of which will be exclusive to “selected Sparks members”. The online grocery trial in Camden will offer home… Read Article →