In a move to facilitate the process for parents and grandparents visiting their families in Canada, Canada’s immigration department has broadened health insurance eligibility requirements for the Super Visa. This change is set to be effective from January 28, 2025, and allows parents and g
The life insurance industry is experiencing a significant transformation driven by the integration of advanced technologies like artificial intelligence (AI), big data, and blockchain. These innovations are fundamentally changing the landscape of life insurance, impacting how insurers assess risk,
Medicare, a federal health insurance program primarily serving individuals aged 65 and older as well as certain younger people with disabilities, could potentially save $7.7 billion by aligning payments to Critical Access Hospitals (CAHs) for swing-bed services with the fee-for-service (FFS)
On December 23, 2024, President Biden signed into law two important pieces of legislation, the Paperwork Burden Reduction Act (Reduction Act) and the Employer Reporting Improvement Act (Reporting Act). Both acts target easing the administrative and reporting burdens on health plan sponsors and
ICICI Prudential Life Insurance, in collaboration with Reinsurance Group of America (RGA), has launched a groundbreaking health product named ICICI Pru Wish. This innovative insurance plan is specifically designed to address critical illnesses and surgeries unique to women. By offering immediate
The Trustees of the Airways Pension Scheme have successfully completed a £340 million longevity swap transaction with Metropolitan Tower Life Insurance Company, a subsidiary of MetLife. This significant financial maneuver, facilitated by Zurich UK, aims to mitigate the financial risks associated
