• Life Insurance, Medicare, CJB Insurance

    The Industrialization of Care: How Medical Care Is Being Corrupted

    Posted on June 16, 2015 by in Breaking News

    Source: The New York Times WHEN we are patients, we want our doctors to make recommendations that are in our best interests as individuals. As physicians, we strive to do the same for our patients. But financial forces largely hidden from the public are beginning to corrupt care and undermine the bond of trust between […]

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  • Life Insurance, Medicare, CJB Insurance

    Judge Won’t Stop L.A. County From Sending 91,000 Medi-Cal Cancellations

    Posted on June 15, 2015 by in Breaking News

    Source: The Los Angeles Times More than 91,000 Medi-Cal recipients in Los Angeles County will be sent letters this week telling them that their state-supported healthcare coverage will end on Nov. 30. A judge this week refused to block the notices, even though health advocates argued that the letters lack important details that would help […]

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  • Breaking News, CJB Insurance

    State’s Ballot Initiative Process Remade, and Both Parties Agree

    Posted on June 12, 2015 by in Breaking News

    Source: San Francisco Chronicle After more than a century in California’s political spotlight, the state’s initiative process will be getting a major revise next year. Even more surprising, both Democrats and Republicans in the famously partisan Legislature are happy to see it happen. While Republicans made up most of the limited opposition when SB1253 made […]

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  • Life Insurance, Medicare, CJB Insurance

    Calif. Medical Board To Investigate Drugmakers’ Payments to Doctors

    Posted on June 11, 2015 by in Breaking News

    Source: CaliforniaHealthline Medical Board of California officials say they plan to investigate whether drugmakers’ payments have inappropriately influenced doctors who prescribe psychiatric medication to children in California’s foster care system, the San Jose Mercury News reports (de Sá, San Jose Mercury News, 11/24). Background A recent investigation found that drugmakers between 2010 and 2013 paid […]

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  • Life Insurance, Medicare, CJB Insurance

    Coalitions Form To Get Slice of Budget

    Posted on June 10, 2015 by in Breaking News

    Source: CaliforniaHealthline Two coalitions of health care providers, advocates and medical groups announced their formation in the past week and said they would try to ramp up pressure for a couple of key budget issues as the state budget talks intensify. Gov. Jerry Brown (D) has until Friday to release his May revision of the […]

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  • Life Insurance, Medicare, CJB Insurance

    HR Startup Zenefits Raises $500 Million At $4.5 Billion Valuation

    Posted on June 9, 2015 by in Breaking News

    Source: Forbes Zenefits was already the hottest startup of 2014. Now it’s making a case to grab the same title in 2015. The HR startup announced on Wednesday morning that it raised a blowout $500 million in Series C funding in a round led by Fidelity and TPG. The new investment values Zenefits at a […]

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    Why Millions Still Shun the Exchanges to Buy Individual Health Plans

    Posted on June 8, 2015 by in Breaking News

    Source: Modern Healthcare Kelly Fristoe operates his financial planning company in Wichita Falls, Texas, an oil-producing town about 140 miles northwest of Dallas, near the Oklahoma border. As part of his job, Fristoe, CEO of Financial Partners, helps people in the area buy health insurance both on and off the exchanges created by the Affordable […]

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  • Jones Recommends 10.2% Cut in Workers’ Compensation Rate

    Posted on June 5, 2015 by in Breaking News

    Source: CaliforniaHealthline State Insurance Commissioner Dave Jones (D) has adopted a workers’ compensation pure premium rate that is more than 10% lower than the current rate, the Insurance Journal reports. Under state law, the insurance commissioner can only make rate recommendations. However, most insurers typically make changes in line with such recommendations, according to the […]

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    U.S. Closes Insurance Loopholes on Preventive Care

    Posted on June 4, 2015 by in Breaking News

    Source: Los Angeles Times The Obama administration Monday closed a series of insurance loopholes on coverage of preventive care. The Department of Health and Human Services said insurers must cover at least one birth control option under each of 18 methods approved by the FDA — without copays. Also, insurers can’t charge patients for anesthesia […]

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  • Blue Shield’s $1.25-Billion Deal for Care1st Faces More State Scrutiny

    Posted on June 2, 2015 by in Breaking News

    Source: Los Angeles Times Bowing to demands from consumer advocates, state regulators will hold a hearing next month on Blue Shield of California’s proposed acquisition of Medicaid insurer Care1st for $1.25 billion. The California Department of Managed Health Care said both companies will explain their rationale for the deal at the June 8 hearing in […]

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