Top Kentucky insurance News
Who does Medicaid cover? How Congress’ proposed budget cuts could be felt
A budget resolution adopted Tuesday by House Republicans could jeopardize the health insurance coverage of millions of low-income and disabled people who rely on Medicaid if lawmakers follow through with their proposed spending cuts, experts warn. The budget plan instructs the Energy and Commerce Committee, which oversees Medicaid, to identify at least $880 billion in
Why a Judge Denied HITT Contracting’s $24M Insurance Claim on a Museum Expansion
HITT Contracting was accused of damaging parts of the Glenstone Museum in Potomac, Md.,during a $200-million renovation project. Photo (cropped): Sdkb via Wikimedia Commons under C.C. License 4.0. A state court judge in Virginia recently upheld insurer St. Paul Fire and Marine’s denial of HITT Contracting’s $24 million insurance claim, involving damage HITT allegedly caused during a
Competition Remains Elusive in Private Insurance Market
Competition among US private insurance companies has generally declined since 2011 in large-group, small-group, and individual markets, a government report found. However, the trend has slowed or even reversed in some states over the past few years. Meanwhile, an American Medical Association (AMA) analysis warns that “the vast majority of health insurance markets remain stubbornly