The federal government provided the organization with millions in low interest loans, but it didn’t meet the requirements. A nonprofit organization based in Westerville, Ohio, was the recipient of almost $130 million in low interest loans from the federal government, in order to assist it in developing health insurance plans that would provide consumers with additional choices while shopping on the state exchange to purchase their coverage for 2014. However, the group did not manage to complete all of the requirements to be able to sell coverage in Ohio. The…
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Tropical Cyclone Utor Slams Philippines, Heads Towards China’s Coast
According to catastrophe modeling firm AIR Worldwide, Typhoon Utor slammed into the northern Philippine island of Luzon on Monday, August 12, at around 3:00 pm local time (7:00 UTC) with 10-minute sustained winds of 175 km/h (109 mph, JMA), gusts of up to 210 km/h (130 mph, JMA), and waves up to 2.5 meters high. Utor’s strength at landfall was a Category 4 Super Typhoon, but it weakened to a Category 2 as it moved over the island. Once again over warm open waters of the South China Sea (with…
Read MoreDisability insurance covers three quarters of U.S. workers through social security
According to the latest report, 76 percent of American employees have this coverage. The latest report that has been issued by Allsup has revealed that approximately three in every four workers in the United States, or 76 percent, had coverage through Social Security disability insurance benefits in 2012. This helps to underscore the importance of building an understanding of the role of work history. Last year, among workers between the ages of 20 years and full retirement, there were approximately 195.1 million workers who made up the American workforce as…
Read MoreHow to Find Affordable Family Health Insurance
Article brought to you by affordable family health insurance company Freedom Health Insurance Your family is your number one priority. Their health, happiness, and longevity are imperative and you will do whatever you can to protect them and keep them safe. To do this, finding a health insurance company that you trust and believe in – health insurance that gives you peace of mind – is a top priority. Whether you’re looking for private healthcare, government-assisted healthcare, or healthcare through your job, there are many options out there that can…
Read MoreHealth insurance proposals lead to NYC lawsuit
The Labor Committee has sued New York City in an effort to try to stop it from changing its medical benefits. The Municipal Labor Committee, a group that represents city workers, has sued New York City in an attempt to stop it from being able to move forward with a request for proposals to change the health insurance benefits that the employees will be receiving. NYC will soon be seeking a new insurer for its massive benefits plan that will require premiums to be paid by workers. In April, Deputy…
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