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MetLife Wins Landmark Court Decision

On March 29, a U.S. District Court judge ruled in favor of MetLife Inc. in its bid to reject the “Too Big to Fail” label. The official designation of “Systemically Important Financial Institution” or SIFI, first applied to MetLife in December 2014, has put the company at a competitive disadvantage through much tougher rules on capital and on the use …

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Blog: 68% Say Shopping for Health Insurance is as Bad as Facing Dentist Drill


By Jim Donovan, December 2, 2014 It’s that time of year again when Americans have to sit down and choose a health insurance plan and a new survey by shows that many would rather do something else. More than four in 10 Americans (44%) prefer a high-deductible health insurance plan with a lower monthly premium, according to the …

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Is your life insurance worthless?


By A.J. Smith, November 15, 2014 Everyone will tell you about the importance of having life insurance, but life insurance is only valuable when you understand it. Knowing why you need life insurance and comparing policies to find the right one for you is only the beginning. It is just as important to read the fine print, find the exclusions …

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Insurance Companies Become Obamacare’s Biggest Defenders


By Peter Fricke, November 18, 2014 Critics charge Obamacare’s individual mandate is boosting the profits of insurance companies, securing their loyalty to Democratic politicians. Washington Post blogger Jennifer Rubin argued Tuesday that “the individual mandate is the greatest single act of corporate welfare in memory,” creating new customers for the insurance companies by fiat and subsidizing that coverage with tax …

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How to Approach the Obamacare Marketplace: 2014 Edition


By Lacie Glover, November 6, 2014 Millions of Americans are about to enter the second annual open enrollment period under the Affordable Care Act, commonly known as Obamacare. While many will be using a public insurance exchange for the first time, others will return to switch or renew policies. Renewing should be easy, consisting of logging in and updating your …

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Providing Health Insurance Still a Struggle for Small Business


By Reed Abelson, November 4, 2014 Brian Adams, who sells fireplaces in Indianapolis, is like many of the nation’s small-business owners. As the cost of providing health benefits has climbed, he has struggled to afford coverage for his employees — a problem the new health care law was designed, in part, to address. But a year after the law’s introduction …

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Some doctors wary of taking insurance exchange patients


By Jayne O’Donnell, October 28, 2014 Now that many people finally have health insurance through the Affordable Care Act exchanges, some are running into a new problem: They can’t find a doctor who will take them as patients. Because these exchange plans often have lower reimbursement rates, some doctors are limiting how many new patients they take with these policies, …

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Insurance companies start writing ‘Ebola exclusions’ into policies


October 29, 2014 As Ebola spreads further from its current epicenter in West Africa, American and British insurance companies have started to adjust their standard policies for hospitals and other vulnerable businesses to exclude the virus. According to insurance industry insiders, companies needing to insure business travel to West Africa or to cover losses following a quarantine may now deal …

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Obamacare site expects record-breaking traffic


By David Morgan, October 9, 2014 WASHINGTON (Reuters) – Obama administration officials said an improved website should be able to break its own record for online traffic next month, when consumers begin using the site to enroll in private health insurance for 2015. Andrew Slavitt, a top U.S. official working to implement the law known as Obamacare, said the …

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