Tag: plan

Posted in Insurance

Health Insurance Guys: New California family needs a better health care plan | The Health Insurance Guys

Al: You just missed our final COVID-19 open enrollment extension. Usually our open enrollment ends around February or March. This year, each month has had an additional extension right up to Aug. 31. The “official” open enrollment for 2021 starts Nov. 1 this year and goes until Jan. 31 next year.

By the way, beginning Sept. 1, there is another open enrollment for people in the counties impacted by the wildfires — a “special event” qualifying event.

Anyway, our reader is eligible to begin coverage for his family as early as Oct. 1 so long as he starts the application before Sept. 15. If started after Sept. 15, the earliest date would be Nov. 1.

Tom: Going back to the Kaiser Platinum Plan, it includes no deductible, $15 office visits with a primary care physician and a maximum out-of-pocket expense of $4,500 for an individual. Meanwhile, the two Gold Kaiser

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Posted in Business

Cleveland Clinic, Aetna launch co-branded insurance plan

Cleveland Clinic and Aetna, a CVS Health Company (NYSE: CVS), are collaborating to offer new plans that aim to reduce health care costs for participating employers and expand Aetna members’ access to Clinic providers.

Their collaboration includes launching a co-branded insurance plan, an expanded relationship nationwide, the formation of an Accountable Care Organization (ACO) model and the deployment of Cleveland Clinic’s Cardiac Center of Excellence program to Aetna plan sponsors, according to a news release.

“Given the current economic climate, employers are looking for a cost-effective, high quality insurance plan that also provides access for their employees to coordinated care and advanced medical expertise,” said Steven C. Glass, the Clinic’s chief financial officer, in a provided statement. “Cleveland Clinic is committed to improving the health and wellbeing of Aetna members, and we look forward to working together to deliver value-based health care to an expanded patient population.”

In 2017, the

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Posted in Business

FACT CHECK: Trump and GOP distort on health care, vote fraud, Biden tax plan

WASHINGTON (AP) — President Donald Trump made a dizzying array of misleading claims about voting fraud and health care Monday as fellow Republicans opened their convention with speeches distorting the agenda of his Democratic rival, Joe Biden.

Trump falsely asserted that he was the one who ensured that people with preexisting medical problems will be covered by health insurance; actually that was Democratic President Barack Obama. Several speakers accused Biden of proposing to defund police, ban fracking, take over health care and open borders — none of that true.

A look at statements at the Republican National Convention:


TRUMP: “We protected your preexisting conditions. Very strongly protected preexisting … and you don’t hear that.”

THE FACTS: You don’t hear it because it’s not true.

People with preexisting medical problems have health insurance protections because of President Barack Obama’s health care law, which Trump is trying to dismantle.


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Posted in Insurance

Rural areas have higher individual health insurance premiums and fewer plan choices

Credit: CC0 Public Domain

A study by the University of Minnesota School of Public Health examining the choice and pricing of individual health insurance plans across the U.S. found that rural areas have the fewest options and pay the highest premiums. The study highlights one of many areas of society experiencing health care financial pressure that will likely only increase during the COVID-19 pandemic.

This study was led by Professor Jean Abraham and appeared in a special issue of RSF: The Russell Sage Foundation Journal of the Social Sciences focused on the effects of the Affordable Care Act (ACA) as it marks its 10-year anniversary. A key component of the ACA was the creation of health insurance marketplaces where individuals and small businesses could purchase health plans when enrolling in a group plan through a large employer isn’t possible.

The researcher specifically measured changes in insurer marketplace participation and plan

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Posted in Business

Tesla is quickly ramping up its ability to make cars, trucks, SUVs, batteries, and solar panels. Take a closer look at its master plan.

A rendering of Tesla's forthcoming Gigafactory near Berlin, Germany.
A rendering of Tesla’s forthcoming Gigafactory near Berlin, Germany.


  • Tesla is rapidly growing its worldwide manufacturing footprint.

  • The company is operating factories in California, Nevada, New York, and China.

  • A new plant is under construction in Germany, and Tesla just announced another factory will be built near Austin, Texas.

  • In just a few years, Tesla has become a global manufacturing juggernaut, supporting its goal of becoming the biggest provider of sustainable transportation and energy.

  • Visit Business Insider’s homepage for more stories.

I can remember a time when Tesla barely made any cars. That was back in 2010, when it had just taken over a former GM-Toyota plant near San Francisco. The only car for sale was the original Roadster, and just a few thousand had hit the road.

Fast forward to 2019, and Tesla had sold 250,000 vehicles in a single year, with the goal of doubling that total

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Posted in Personal

UM professors upset over school’s plan to have in-person classes amid rising COVID cases

As Miami-Dade County — the epicenter of the pandemic in Florida — reports thousands of COVID-19 cases each day, some faculty and staff at the University of Miami are pushing back over the school’s plan to reopen its campuses, feeling the administration has ignored their pleadings over personal safety.

The private university, based in Coral Gables, granted its nearly 17,000 students the power to decide how to learn, but failed to do the same for many of its approximately 16,000 faculty and staff, full and part time, some employees said.

Students got two choices: Take classes entirely remotely, or return to campus and take some classes in person and some online, which UM describes as a “hybrid protected model.” UM encouraged professors who qualify as vulnerable with underlying medical conditions, as defined by the Centers for Disease Control and Prevention, to request accommodations, but didn’t do same for those who

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Posted in Insurance

NYC Property Mogul Charles Cohen Sticks With Buy-and-Hold Plan in Crisis

(Bloomberg) — All over Manhattan, trouble is brewing for billionaire Charles Cohen.

Rent collections lag at the Decoration & Design Building, his Midtown showroom palace for interior designers. He’s 60 days delinquent on loan payments for his 42-floor office tower at 3 Park Avenue South.

Even Quad Cinema, his beloved art-house theater in Greenwich Village, is dark — yet another sign of the travails facing the Cohen empire in the time of Covid-19.

If Cohen is sweating, he’s not admitting it. He is, after all, the scion of one of the city’s great real-estate families, with the psychic freedom of a $3.6 billion fortune.

“New York is going to get through this,” Cohen, 68, said during an interview from his Lexington Avenue headquarters. “At the end of the day, there’s no place like New York.”

Still, the pressure is building — and not only for Charles Cohen. The pandemic threatens

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Posted in Business

Verizon unveils new business plan with the goal of going carbon neutral by 2035 and retraining 500,000 employees for emerging tech jobs

Better Capitalism
Better Capitalism
Hans Vestberg
Hans Vestberg

Kevork Djansezian / Getty

  • Verizon announced Tuesday it’s launching a new business plan called Citizen Verizon, which includes a number of socially responsible goals, like becoming carbon neutral by 2035. 

  • Diego Scotti, executive vice president and chief marketing officer for Verizon, said that the company including socially responsible goals in its business strategy is an important distinction. It means the company is encompassing stakeholder capitalism in its business model. 

  • Scotti agreed that more brands are moving toward stakeholder capitalism, the belief that companies should be accountable to not only their shareholders, but to their workers and communities in which they do business.

  • Other companies like Microsoft, Amazon, and Unilever have recently shared pledges to become carbon neutral (or carbon negative) in the coming years. 

  • Visit Business Insider’s homepage for more stories.

Verizon, one of the country’s largest telecommunications providers, announced Tuesday it is launching a “responsible

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Posted in Personal

Some CT Parents Criticize Back-To-School Plan

CONNECTICUT — For 90 minutes live on YouTube and Facebook, education and public health officials, with Gov. Ned Lamont joining, answered the public’s questions during a moderated webinar about the state’s fall schools reopening plan. Officials answered questions regarding mask use, parent notification of positive cases in schools, and more.

More than 15,000 listened in and participated in the live Q & A and, working off a list of more than 300 submitted questions and live chat comments and questions, officials offered their responses.
The idea to hold the webinar was to explain the rationale behind the state’s back-to-school plan.

The top line answer, which covered myriad questions, was that the plan is “fluid.”

Education commissioner Miguel Cardona said, “We’re listening. We hear you,” noting that the “wellness and safety” of students and school staff is the priority. “There’s no more important topic right now than how to safely open

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Posted in Finance

Cornell pushes ahead with reopening plan

Universities are confronting the difficult decision on whether to reopen in the fall amid the coronavirus pandemic, while trying to grapple with the financial pain brought about by state lockdowns.

Cornell University, in Ithaca, N.Y., is slated to reopen its doors to around 15,000 undergraduate students on Sept. 2. To prepare, the school has spent between $3 million and $5 million on testing, tracing and isolation.

“The biggest thing that we’re going to do is to do surveillance testing,” Cornell Provost Michael Kotlikoff told Yahoo Finance’s On The Move. “We think that’s the key thing that colleges need to do to be able to assure safety in public health.” 

Identifying individuals — even those without symptoms of COVID-19 — and isolating them allows the school to control the spread of the virus, Kotlikoff said.

But testing 24,000 people (total Cornell population) individually is not an easy task — it’s expensive

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