Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry

“Sanctions also will affect the balance sheets of Russian insurers and their relationships with international partners,” added Todor Kitin, financial analyst. “The valuation of investments would be affected by a prolonged equity market downturn, any increase in the Russian Central Bank’s policy rate or a widening of credit spreads. On the other side of the balance sheet, higher-than-anticipated inflation would impact claims costs, with potential implications for the adequacy of reserves.”

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How Will Rising Interest Rates Affect My Health Insurance Premiums?

The Feds are about to set higher interest rates in March, or so those on the streets say. It is expected more hikes will follow each quarter of 2022. With the government printing presses working overtime, dumping more fake money into the economy, prices are going up everywhere and the feds are worried, or should be. The fake money supply has increased by more than 20% in the past year alone.

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Attention School Districts! Want Funds For An Onsite Clinic? ESSER To The Rescue

Elementary and Secondary School Emergency Relief (ARP ESSER) fund, as well as reimbursement through the Federal Emergency Management Agency (FEMA), to ensure that you can cover costs of hosting a clinic – including on-site set-up and operations as well as outreach and engagement activities.

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Texas Legislature Wants To Know If There Is Something Better Than TRS ActiveCare

In the last Texas legislative session SB1444 was passed requiring each regional service center to poll all districts within their service area to determine if TRS ActiveCare members are happy or unhappy with their crappy and expensive health insurance benefits.

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In 2021, 72% of UnitedHealth’s $222.9 Billion Health Plan Revenue Came From Taxpayers

94% of its total U.S. membership growth over the past 10 years was in government programs.

 

By Wendell Potter

As I noted in my last postUnitedHealth Group made more profits last year than any health insurer has ever made for its shareholders–and considerably more than Wall Street financial analysts had expected. Investors were so impressed they rushed to buy shares of the company’s stock.

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