Finance

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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Nearly One-Fifth of Millennials’ Salaries Spent on Student Loan Repayments

April 18, 2016
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By LowCards.com College graduates with student loans spend nearly one-fifth (18%) of their salaries on student loan payments, according to new research from Citizens Bank. 60% of these graduates, aged 35 and under, expect to be paying student loans into their 40s. Even though they’re struggling with this debt, only half of the respondents have looked into...

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Ct Settles with Tolland Psychiatrist Resolving False Claims Allegations

March 16, 2016
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A Tolland psychiatrist will pay $404,798 to settle a civil False Claims Act lawsuit alleging that she submitted false claims for payments to Connecticut’s Medicaid program. The resolution stems from a lawsuit and settlement agreement approved yesterday by a Hartford Superior Court judge, Attorney General George Jepsen said today. The Attorney General alleged that,...

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