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Largest health insurance provider pulling out of most ObamaCare markets

UnitedHealth, the nation’s biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states next year after expanding to nearly three dozen for this year. CEO Stephen Hemsley said Tuesday that the company expects losses from its exchange business to total more than $1 billion for this year and last. He added that ...

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Matlock joins Oxford firm

Marjorie T. Matlock has joined Holcomb Dunbar – Attorneys as a partner and will lead its Workers’ Compensation Defense Group. Matlock will concentrate her practice on providing workers compensation defense to businesses and insurers throughout Mississippi, as well as general insurance defense, and mediation and alternative dispute resolution services. Matlock has 31-years of legal knowledge and other experience in assisting ...

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‘Obamacare’ foe tries to save expanded Medicaid in Arkansas

LITTLE ROCK — Long before the state turned solidly red, Asa Hutchinson was the face of the Republican Party in Arkansas. Born in the arch-conservative hometown of Wal-Mart, the mild-mannered attorney made a bold effort to unseat a Democratic political giant, Sen. Dale Bumpers, and later as a congressman even prosecuted the impeachment case against native son President Bill Clinton. ...

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Bill would computerize Medicaid records, audit recipients

The Mississippi Senate passed a narrower version of a bill Monday that would require an electronic records system for Medicaid and a regular audit of Medicaid recipients. House Bill 1116 would hire an outside company to build a computerized record of Medicaid recipients’ information. The Senate version, approved Monday by a committee, requires that Medicaid officials periodically verify recipients’ financial ...

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Small business insurance starts with the basics

By LISA MONTI Most small businesses should have at least four basic types of insurance, according to the Insurance Information Institute industry group. Owners need property, liability, business vehicle and workers compensation insurance to protect them from a variety of circumstances. For small businesses, Insurance Information Institute (III) said that property insurance compensates losses or damage to the property used in ...

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Oxford-based Zyn Careers a Match.com type of service for employers and job seekers

By BECKY GILLETTE Alex Ray, co-founder and CEO of Zyn Careers (zyncareers.com), says millennials are looking for more than just a job with a decent salary. They also place a high value on job satisfaction, doing work that is meaningful to them while interacting with amenable co-workers. “Young people aren’t just interested in salaries,” said Ray, a 2015 graduate of the ...

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PEYTON SMITH — D&O coverage: board members and officers can’t afford not to have it

Most entities and organizations have some type of insurance on board of directors or officers that help run the organization. Some may have a group of employees that are part of their board of directors, while nonprofit organizations usually have volunteers that make up most of their Boards. Being a member of a board or an officer can be very ...

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Pam Files cited by magazine

Senior Vice President and Employee Benefits Insurance Consultant Pam Files of Fisher Brown Bottrell Insurance, Inc., a subsidiary of Trustmark, has been named one of The Most Influential Women in Benefit Advising by Employee Benefits Magazine. Files was selected from among 65 nominations in the employee benefits advising field nationwide and is the only Mississippian recognized this year. Files has ...

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Report: State third worst in Medicare waste

  By JACK WEATHERLY  Mississippi was the third worst state in Medicare waste per beneficiary in fiscal 2014, according to the Council for Medicare Integrity. Overpayments in Medicare parts A and B for Mississippi totaled $55,048,689.18, ranking behind only the District of Columbia, which was the worst, and Arkansas. Nationwide, hospitals accounted for $29.6 billion of a total of $46 ...

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