Four Florida seniors who lost their life savings following an annuities scheme were reimbursed $1.2 million from the state’s department of financial services.

Targeted for cuts in ongoing discussions on health reform, seniors enrolled in Medicare Advantage are receiving higher quality health care, according to new data released by America’s Health Insurance Plans.

Utah prosecutors say a life insurance agent in their state “stole the American Dream” from three elderly siblings by wiping out their life savings under the guise of helping them.

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Philadelphia-based Independence Blue Cross announced that it will discontinue a pair of Medicaid Advantage plans, including one for “special needs members,” citing a large decrease in federal reimbursements.

IBC announced that …  Read →