Finance

Restaurants Hide What Grade Of Beef They Are Selling

June 6, 2016
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Do you know what grade of beef your favorite restaurant steak is — select, choice, or prime?  You probably don’t know because most restaurant menus give you a bum steer by keeping some or all quality grades secret. That’s the conclusion of a review of menus from 17 national restaurant chains released today by ConsumerWorld.org. Key findings...

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Feds Propose To End Payday Debt Traps

 The Consumer Financial Protection Bureau (CFPB) today proposed a rule aimed at ending payday debt traps by requiring lenders to take steps to make sure consumers have the ability to repay their loans. The proposed rule would also cut off repeated debit attempts that rack up fees. These strong proposed protections would cover payday...

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Ct Lawmakers Press For Thorough Review Of Two Health Insurance Mergers

May 25, 2016
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Ct Lawmakers Press For Thorough Review Of Two Health Insurance Mergers

By Patricia Daddona Seventeen lawmakers are asking the state’s insurance commissioner for a fair and thorough review of two pending colossal health insurance mergers and a study on how they could affect Connecticut jobs. “The proposed Anthem–Cigna and Aetna–Humana mergers are likely to have a negative impact on both the cost and quality of...

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Connecticut’s Health Insurance Co-Op Predicts Profit In 2017

May 24, 2016
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Connecticut’s Health Insurance Co-Op Predicts Profit In 2017

By Cara Rosner Over a dozen of the cooperative health insurers that started under the Affordable Care Act (ACA) have failed, but leaders of Connecticut’s co-op say it is on track to turn a profit next year. “We’re very viable,” said Ken Lalime, CEO of Wallingford-based HealthyCT, a member-run, nonprofit health insurance co-op. “There...

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