The Associated Press, March 15, 2014 An unnamed Silicon Valley billionaire has purchased the world’s most valuable life insurance policy. The San Jose Mercury News reported Saturday that Guinness Book of World Record officials say the $201-million life insurance policy is more than double the previous record set in 1990 by an unidentified “entertainment industry figure.” A Southern California financial …

By Rick Moran, March 19, 2014 According to the Hill, many insurance companies are contradicting HHS Secretary Sebelius’s rosy predictions about modest increases in Obamacare premiums next year. Some of the increases will be “significant.” How significant? In some states, the increase may be as much as 300%. The expected rate hikes will be announced in the coming months amid …

By Ramit Plushnick-Masti, March 17, 2014 HOUSTON (AP) — Sara Rodriguez recently received a $4,000 bill for a six-hour emergency room visit to treat a fever. She says she can’t pay, but she’s also not planning to buy health insurance through the new federal marketplace. Rodriguez, like others gathered in a Houston gymnasium listening to a presentation about the health …

By Alex Wayne, March 16, 2014 WASHINGTON — In Maine, the insurer that has enrolled the most Affordable Care Act customers isn’t the state’s well-established Blue Cross Blue Shield plan, owned by WellPoint Inc. It’s WellPoint’s only rival: Maine Community Health Options, a startup that didn’t exist three years ago. The newcomer, funded primarily by taxpayer money lent under the …

By Chacour Koop, March 6, 2014 SPRINGFIELD — While a child advocacy group’s report shows that more Illinois kids now have health insurance, it also warns that health disparities related to income and race could intensify if there are program cuts to Medicaid and social services as the state faces a large dip in revenues next year. The yearly report …

By Robert J. Elisberg, March 6, 2014 The other day, I went into my doctor for an appointment. With my new Affordable Care Act provider, the co-pay I had to make at the front window was…$5. Even the receptionist had to double-check to make sure that was right, and then she started laughing. I don’t know what the regular cost …

By Jay Gandee, February 28, 2014 A certain peace of mind comes with knowing that you’ve taken steps to help protect your loved ones’ financial future. While all types of life insurance can give you this sense of comfort, whole life insurance offers permanence that allows you to plan ahead. Most whole life policies contain several important features: a level …

February 28, 2014 The Board of Directors of Aetna Inc. (NYSE: AET) today announced the following actions. The Board declared a quarterly cash dividend of $0.225 per share on the company’s common stock. The dividend was declared on February 28, 2014, and is payable on April 25, 2014, to shareholders of record at the close of business on April 10, …