For example, regulations call for a 30 - day grace period on all late payments
under the state insurance code.
The following are not considered a settlement
under state insurance regulations: • A loan from an insurer under the terms of the life insurance policy (e.g., a policy loan) • A loan from a third party where the policy's cash value is used as collateral (collateral assignment) • A beneficiary designation without a transfer of value • A beneficiary designation of someone with an insurable interest in the insured
Under state insurance regulations, new auto companies are required to file an application that shows they have funding and a solid business plan.
Section 514 (b)(2)(B) of ERISA, 29 U.S.C. 1144 (b)(2)(B), provides that an ERISA plan is deemed not to be an insurer for the purpose of regulating the plan
under the state insurance laws.
His practice focuses on compliance with state insurance regulations, and he regularly provides counsel with respect to licensing requirements, filings
under the state insurance holding company acts, credit for reinsurance and investment limitations.
Insurance companies issue both products, and anyone who sells them must be registered
under state insurance laws and state and federal securities laws.
For example, regulations call for a 30 - day grace period on all late payments
under the state insurance code.
Not exact matches
Many receive benefits provided
under Medicaid, including the
State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long - Term Services and Supports (LTSS), in addition to other state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Aff
State Children's Health
Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long - Term Services and Supports (LTSS), in addition to other
state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Aff
state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs.
This discussion also does not consider any specific facts or circumstances that may be relevant to holders subject to special rules
under the U.S. federal income tax laws, including, without limitation, certain former citizens or long - term residents of the United
States, partnerships or other pass - through entities, real estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds,
insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
The rule inadvertently included the words «independent firm» to the actuarial review requirement, so the DOL has deleted those words to avoid any doubt that all
insurance firms that comply with
state requirements can gain exemptive relief
under the BIC [or BICE], which is what everyone already understood to be the case.»
Many receive benefits provided
under Medicaid, including the
State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long - Term Services (LTSS), in addition to other state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Aff
State Children's Health
Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long - Term Services (LTSS), in addition to other
state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Aff
state - sponsored programs, Medicare (including the Medicare prescription drug benefit commonly known as «Part D»), dual eligible programs and programs with the U.S. Department of Defense and U.S. Department of Veterans Affairs.
Bartz argued that the Employee Retirement Income Security Act would now pre-empt
state law
under the rule and that the rule improperly created a private right of action that could set up class - action lawsuits against
insurance companies and agents.
RIAs are eligible to participate in the Program if they represent to Fidelity Investments that they meet the following criteria: (1) RIA is an investment adviser registered and in good standing with the U.S. Securities and Exchange Commission and / or any applicable
state securities regulatory authorities or is exempt from such registration; (2) RIA's representatives who provide services to referred clients are appropriately registered / licensed as «Investment Advisers Representatives» in required jurisdictions; (3) RIA charges fee - based, asset - based, or flat - rate investment advisory service fees (which may include hourly fees); (4) RIA will maintain a minimum of $ 350,000,000 in total regulatory assets
under management, as reported in response to Item 5 in Part 1A of the RIA's Form ADV, throughout the duration of RIA's participation in the Program; (5) RIA and all associated persons of the RIA who manage client assets or who supervise such associated persons shall at all times be covered through both Errors and Omissions Liability
Insurance and Fidelity Bond Coverage; and (6) RIA maintains a minimum of two principals or officers as well as a minimum of five employees.
WASHINGTON —
State Farm
Insurance says it will not be accepting liability
under the Best Interest Contract (BIC) on the sale of annuities or mutual funds by the more than 12,000 of its agents throughout the U.S. who have licenses to sell securities.
A note on breast pumps — yes they are expensive, but in the United
States,
under the Affordable Care Act the
insurance companies are required to give you a free one.
In the United
States when the Affordable Care Act was passed, medical
insurance companies were required to pay $ 500 toward the purchase of a breast pump — and, since Spectra breast pumps were all
under this price, they gained popularity there too.
More than 400,000 tax filers in New York
state went rogue and failed to obtain health
insurance in 2015 — and many were required to pay a tax penalty of at least $ 325
under ObamaCare, according to new IRS data.
Previously the
State Department of Health set the rates at which private
insurance companies and Medicaid paid hospitals;
under HCRA the
insurance companies were free to negotiate the payments to hospitals and the
State Medicaid program would pay managed care organizations a per capita rate and they, in turn, would negotiate with hospitals to set the payment rates.
The
state has spent several years developing new rules to regulate the title
insurance industry, which has come
under scrutiny in recent years for its practice of giving gifts to clients.
Funding for the Department of
Insurance is reduced by $ 32 million, reflecting savings achieved through a $ 30 million reduction in health insurance subsidy payments made under the Timothy's Law program and $ 2 million from net State operations
Insurance is reduced by $ 32 million, reflecting savings achieved through a $ 30 million reduction in health
insurance subsidy payments made under the Timothy's Law program and $ 2 million from net State operations
insurance subsidy payments made
under the Timothy's Law program and $ 2 million from net
State operations changes.
The introduction of National
Insurance under the National
Insurance Act 1911 was one of the first steps towards the creation of the welfare
state.
Work and pensions secretary James Purnell proposed an amendment to the pensions bill which will allow people to buy up to an additional six years of voluntary national
insurance contributions, over and above those permitted
under the current time limits, in order to enjoy a higher
state pension.
The executive order calls on a number of
state agencies to issue regulations that would ban
insurance companies from covering such therapies for those
under the age of 18.
The Dem plan also includes safeguard provisions for the
state Health Exchange created
under Obamacare and other related
insurance protections.
Even
under the Affordable Care Act, as the
state touts more than 2 million new enrollees in both Medicaid and commercial
insurance plans, the
state is not planning to spend any less on charity care — the
state's budget commits nearly $ 800 million each year for the next five years to help hospitals defray the costs of providing care to the uninsured.
The exchange was established by the
state under the federal Affordable Care Act to provide commercial health
insurance or Medicaid to the
state's uninsured, enrolling more than 2.1 million people.
The Connecticut
Insurance Department has approved $ 215 a month as the cheapest insurance plan premium offered under the state's new health insurance
Insurance Department has approved $ 215 a month as the cheapest
insurance plan premium offered under the state's new health insurance
insurance plan premium offered
under the
state's new health
insurance insurance exchange.
Under state regulation, lawmakers had included money for programs they deemed important in the rates they set for
insurance companies.
Increased Retiree Health
Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13 Under the Governor's proposal, the State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health i
Insurance Premium - Sharing: While most employers — public and private — do not reimburse retirees for the cost of Medicare Part B premiums, New York
State pays for the standard premium and the Income - Related Monthly Adjustment Amounts (IRMAA) levied on high - income retirees (couples with incomes in excess of $ 170,000 per year).13
Under the Governor's proposal, the
State would cap the amount retirees are reimbursed at current levels and discontinue IRMAA reimbursements for those most able to afford the costs of health
insuranceinsurance.
It is worth noting that while people
under age 65 in the U.S. live in a heavily market - dominated economy where poor employment outcomes mean poverty and a lack of access to health care, almost everyone over age 65 has most of their healthcare paid for by Medicare, (a FICA tax financed, single payer system that pays providers more or less the same rates as private
insurance companies and has few cost controls), more than half of their nursing home costs paid by Medicaid, (which is stingy in how much it pays providers and moderately means tested), and receives enough of a guaranteed income from the combination of Social Security and SSI payments to keep the poverty rate for people age 65 +, (even if they have no retirement savings of their own), above the poverty line, regardless of the
state of the local economy.
New Yorkers will have greater access to breast cancer screenings at hospitals and
insurance co-payments for all mammograms will be eliminated
under an agreement Cuomo and the
state Legislature's leaders announced yesterday.
Health
insurance would have to cover birth control without co-pays in New York even if Trump repeals «Obamacare,»
under legislation proposed by
state Attorney General Eric Schneiderman.
New York
State would be allowed to confiscate money from private not - for - profit health insurers
under Gov. Andrew Cuomo's latest budget pitch, a proposal that has left many in the
insurance industry apoplectic.
ALBANY — New York will require
insurance companies to provide improved coverage for heroin addiction recovery while stiffening some criminal penalties for sale of the drug
under a wide - ranging effort agreed to by
state leaders Wednesday.
Those kinds of insurers are licensed
under Article 43 of the
state's
insurance law.
This would prevent government employers from unilaterally altering employee benefits that must be collectively bargained
under state law — including salaries, hours and health
insurance.
Under the new
state law, the Department of Motor Vehicles will oversee licensing,
insurance and inspection requirements for all ride - hailing outside New York City.
The federal Congress failed to reauthorize the Children's Health
Insurance Program, an innovative health insurance program that was pioneered by New York State, under Governor Mario Cuomo, before becoming a national
Insurance Program, an innovative health
insurance program that was pioneered by New York State, under Governor Mario Cuomo, before becoming a national
insurance program that was pioneered by New York
State,
under Governor Mario Cuomo, before becoming a national program.
ALBANY, N.Y. — New Yorkers will have greater access to breast cancer screenings at hospitals and
insurance co-payments for all mammograms will be eliminated
under an agreement Gov. Andrew Cuomo and the
state Legislature's leaders announced Sunday.
Guardian Life
Insurance Company of America is hiring a high - profile former insurance regulator to run its legal affairs and compliance team: Eric Dinallo, a lawyer who served as the New York state insurance superintendent unde
Insurance Company of America is hiring a high - profile former
insurance regulator to run its legal affairs and compliance team: Eric Dinallo, a lawyer who served as the New York state insurance superintendent unde
insurance regulator to run its legal affairs and compliance team: Eric Dinallo, a lawyer who served as the New York
state insurance superintendent unde
insurance superintendent
under ex-Gov.
State regulators on Tuesday announced a finalized rule change that caps the amount of money insurance companies can reimburse for health care services provided outside of the state under the no - fault insurance
State regulators on Tuesday announced a finalized rule change that caps the amount of money
insurance companies can reimburse for health care services provided outside of the
state under the no - fault insurance
state under the no - fault
insurance law.
These cost increases are only partially offset by cost - savings reforms in the
state unemployment
insurance and workers compensation system, and by tax reductions for manufacturers
under the corporate franchise tax.
Under pressure from lawmakers such as Rep. Tom Reed, R - Corning, and Rep. Chris Collins, R - Clarence, the lawmakers who drew up the GOP bill allowed
states to continue that expanded Medicaid program, which offered government health
insurance to people earning up to 138 percent of the poverty level.
ALBANY, N.Y. (AP)-- Health
insurance would have to cover birth control without co-pays in New York even if President - elect Donald Trump repeals «Obamacare,»
under legislation proposed Wednesday by
state Attorney General Eric Schneiderman.
Not only will many lose their
insurance under the bill, but they will also have to rely on health care facilities that would struggle with the loss of
state funding.
The second savings category contains so - called «unrepresented workers,» like retirees who would pay higher health
insurance costs
under the agreements reached with CSEA and PEF, plus the 9,000 or so «management / confidential»
state employees who can't take part in collective bargaining.
Under the law, corporations, banks, insurance companies, brokerages and other businesses in New York are required to transfer abandoned money or securities to the state comptroller's Office of Unclaimed Funds under a process called escheatment (a word with origins in English feudal
Under the law, corporations, banks,
insurance companies, brokerages and other businesses in New York are required to transfer abandoned money or securities to the
state comptroller's Office of Unclaimed Funds
under a process called escheatment (a word with origins in English feudal
under a process called escheatment (a word with origins in English feudal law).
Demos 37, spent eight months attacking Zeldin, saying he voted for a
state budget that included spending for a
state insurance exchange
under the Affordable Care Act.
They argued, «Even in Kentucky, with uninsured down to an all - time low 7.5 percent there, U.S. Senate Leader Mitch McConnell, Republican from Kentucky, takes credit for the
insurance expansion by his
state — but refuses to publicly acknowledge it's because of and
under Obamacare.
Governor Andrew Cuomo says New York needs a Medicaid funding infusion first requested in 2012 to support hospital overhauls and expanded primary medical care to meet growing patient demand
under the
state's new health
insurance exchange.