Colo. health plan owner admits defrauding, embezzling up to 250 clients

The owner and operator of a Colorado health plan company pleaded guilty to several charges related to his defrauding and embezzling medical benefit clients of up to $7 million.

Gerald Rising Jr., 60, a Centennial, Colo., resident who owns and operates Rural Health Plans Initiative Administration Co., also based in Centennial, pleaded guilty in U.S. District Court in Denver to one count each of mail fraud, embezzling plan funds and money laundering, the U.S. Attorney’s Office, IRS and Department of Labor Employee Benefits Security Administration announced.

Between 50 to 250 individuals, businesses and governmental agencies lost between $2.5 million to $7 million, authorities said.

Rising was indicted on April 4 and is scheduled to be sentenced Jan. 2

Read all post…

Industry Consolidation and High Prices Pose Concerns for American Health Insurance

American consumers who have noticed the dwindling number of private health insurance coverage options made available to them in recent years have perhaps had their concerns verified this week. A new report released by the American Medical Association (AMA) has found that four out of five metropolitan markets in the United States lack a truly competitive commercial marketplace for health insurance. This fresh analysis could go a long way in explaining why insurance industry performance in the US has stagnated while international markets continue to grow.

For the AMA’s 2011 edition of ‘Competition in Health Insurance: A Comprehensive Study of U.S. Mar

Read all post…

Nature Pleasant Firm Ever Is Palingenesis

Go Here pre-consumer waste is the continuous reintroduction of most all manufacturing scraps into the manufacturing procedure. Such a Palingenesis course of is specifically utilized by giant industries, even so quite a few of the firms making use of this procedure will not be genuinely recycling. Put up-shopper waste, alternatively, is our garbage. You could decrease your put up client waste by selecting Palingenesis recyclable items. Palingenesis is the very best way of insuring your purchases will be recycled.

Read all post…

Eating Disorders a New Front in Insurance Fight

People with eating disorders like anorexia have opened up a new battleground in the insurance wars, testing the boundaries of laws mandating equivalent coverage for mental illnesses.

Through claims and court cases, those with severe cases of anorexia or bulimia are fighting insurers to pay for stays in residential treatment centers, arguing that the centers offer around-the-clock monitoring so that patients do not forgo eating or purge their meals.

But in the last few years, some insurance companies have re-emphasized that they do not cover residential treatment for eating disorders or other mental or emotional conditions. Read all post…

Free Home Insurance Inventory Tools: Templates and Software

Create and update a checklist of all personal properties in a home with online templates and software.

A home inventory is a list of personal properties with descriptions and cost information to be used in a potential insurance claim. This inventory can also be used to decide how much content insurance to purchase on a property. The inventory should consist of every room in a home and all content in each room. Costs and the receipts to support them should be used when preparing an inventory list. Some homeowners take picture of valuable assets as they are added to the list.

Read all post…

Having Beautiful House Plants Tips

Property plants will certainly improve your house environment, and now far more than ever the choice is limitless.

When choosing a home plant, inspect the plant closely and be particular you will be not bringing residence any bugs or other pests. Gently tapping on the leaves, if it produces a tiny cloud that looks like dandruff, pass over the plant simply because it truly is far more than most likely infested with whiteflies. This really is a widespread occurrence in nurseries and youll not need to bring that property with you.

Most property plants would happier in a moist atmosphere thats typical in a bathroom or laundry room, most plant owners put them in a location inside the household where they are able to be shown off.

Read all post…

MPM enters eight-party release and settlement agreement with Greenwich Insurance

MPM Technologies and its subsidiaries, AirPol, Nupower and MPM Mining, has entered into an eight-party ‘Release and Settlement Agreement’ with Greenwich Insurance Company, JFLI Trust and HMAT Associates.

Under the terms of the agreement, MPM Mining, will assume from the parent company approximately $6.7m of the company’s outstanding indebtedness to Greenwich Insurance Company.

MPM said that the release and settlement agreement also sets forth the terms and conditions for the repayment of the debt by MPM Mining, and the release of the company and its subsidiaries for any and all liabilities.

MPM chairman and CEO Michael Luciano said the conclusion of this agreement insures the successful reorganization of MPM Technologies, which will bring forth substantial improvements to MPM’s financial standing, and most importantly, allow MPM to develop its businesses to their fullest potential.

“The addition of a new subsidiary that includes sustainable biofuel, feedstock production and energy parks will bring MPM business to the next level,” Luciano said.

MPM Technologies is a holding company with three subsidiaries: Nupower, which is engaged in the development and commercialization of Skygas; AirPol, which builds, installs, and services industrial air pollution control systems; and MPM Mining, an exploration and development company with gold and silver mining properties in Montana.

Page 5 of 59« First...34567...102030...Last »