Monday, May 13 2013 12:24 PM EDT2013-05-13 16:24:04 GMT
MARION COUNTY, MS (WDAM) - A weekend-long drug raid left 22 individuals behind bars, and more arrests to come. According to Marion County Sheriff Berkley Hall, the drug raid is the result of severalMore >>
A weekend-long drug raid left 22 individuals behind bars, and more arrests to come.More >>
Saturday, April 19 2014 1:54 PM EDT2014-04-19 17:54:24 GMT
Hattiesburg residents took part in a refresher class today to be sure they are ready to assist local first-responders in many different types of emergencies. The class included intensive training for theMore >>
Hattiesburg residents took part in a refresher class today to be sure they are ready to assist local first-responders in many different types of emergencies.
Friday, April 18 2014 1:38 PM EDT2014-04-18 17:38:37 GMT
This is a news release from Attorney General Jim Hood's Office A Pearl River County resident has been sentenced to prison for fondling a vulnerable person, announced Attorney General Jim Hood today. BrandonMore >>
A Pearl River County resident has been sentenced to prison for fondling a vulnerable person, announced Attorney General Jim Hood today.More >>
Friday, April 18 2014 6:23 PM EDT2014-04-18 22:23:56 GMT
The BancorpSouth Rebel Road Trip made it's 10th of 11 pits stops this morning in Hattiesburg at the Canebrake Country Club. The third annual tour is part of the university's effort to connect with alumniMore >>
The BancorpSouth Rebel Road Trip made it's 10th of 11 pits stops this morning in Hattiesburg at the Canebrake Country Club.More >>
(RNN) - Insurance companies may face reduced profits once the new Affordable Care Act, better known as Obamacare, goes into effect.
Facing potential losses are the largest U.S. medical insurer, UnitedHealth and others such as Aetna, WellPoint, Cigna and Humana. These companies are concerned about profit limits and new taxes to cover some of the cost of expanding healthcare coverage to as many as 30 million uninsured people starting in 2014, according toMSN.
In addition to imposing fees and restrictions on insurers, Obamacare also cuts funding for Medicare Advantage, the privately run version of the government's Medicare program for the elderly and disabled. This, too, could mean insurers will be stuck with skinnier profit margins, the Associated Press reported.
A number of large health insurance companies are bailing out of participation in the state-run Exchanges, as well, according toNatural News. The overall number of companies may be small, but the big companies are the ones who are choosing not to participate.
Anthem Blue Cross, Aetna, United Health Group and Humana have all said they won't be participating in exchanges in certain states. The exchanges will be the only place Americans will be able to purchase health insurance using taxpayer-provided subsidies.
According to CNSNews.com, Aetna, a Fortune 100 company with $34.2 billion in revenue last year, has withdrawn from exchanges in three states, including its corporate home state of Connecticut.
USA Today also notes that only three insurers remain in the Connecticut market to offer plans to individuals. This makes choices slim. The increase in major health insurers bailing out from some state exchanges will leave fewer options for consumers.
When state insurance regulators told Aetna its rates were too high, the company bailed, refusing to accept the rates the state wanted the company to charge, according to the Hartford Courant newspaper.
"This is not a step taken lightly, and was made as part of a national review of our exchange strategy," Aetna spokeswoman Susan Millerick told the paper. "Unfortunately, we believe the modifications to the rates filed by Aetna will not allow us to collect enough premiums to cover the cost of the plans and meet the service expectations of our customers."
While the individual mandate will increase the number of customers for the insurance industry, cuts to Medicare Advantage could mean a loss in the number of customers.
Medicare Advantage allowed seniors to receive some of their Medicare benefits through private insurers. It was a successful program that received high marks from its customers, and showed a better ability to control costs than Medicare itself.
With the cuts that have been made to this program, a large number of seniors who bought it are likely to end up dropping their private insurance because of the higher cost. It is expected the number of lost customers will number in the millions, according to Wall St. Cheat Sheet.
Who wins and who loses under the new insurance program? For insurance companies, it's going to be who will be cheap to insure, and will add to their coffers, according toDaily Finance.
The Affordable Care Act enrollment is set to kick off Oct. 1.
Saturday, April 19 2014 9:01 PM EDT2014-04-20 01:01:26 GMT
Dozens of Petal residents and members of nearly one dozen Native-American tribes from six Southeastern states are engaging in an exchange of cultures for the first time in the Friendly City this weekend.More >>
Members of the Choctaw, Creek, Cherokee and other tribes are taking part in the 12th annual Golden Eagle Pow Wow.More >>
Saturday, April 19 2014 8:57 PM EDT2014-04-20 00:57:35 GMT
Hundreds of children and their parents got some early Easter presents at Dahmer Park Saturday morning during the 67th annual Community Easter Egg Hunt, sponsored by the City of Hattiesburg and the Lion'sMore >>
The event also featured games for the children. Kids could also have photos made with the Easter Bunny.More >>
Saturday, April 19 2014 8:21 PM EDT2014-04-20 00:21:52 GMT
Southern Miss Athletics Press ReleaseHATTIESBURG, Miss. – Matt Durst delivered a sacrifice fly in the bottom of the sixth giving Southern Miss the only run they needed while Christian Talley and Ryan MiltonMore >>
Matt Durst delivered a sacrifice fly in the bottom of the sixth giving Southern Miss the only run they needed while Christian Talley and Ryan Milton combined to shutout Conference USA foe Louisiana Tech for the second-straight day in a 1-0 decision here Saturday afternoon at Pete Taylor Park/Hill Denson Field.More >>
Saturday, April 19 2014 8:18 PM EDT2014-04-20 00:18:25 GMT
Southern Miss Athletics Press ReleaseHATTIESBURG, Miss. – The Black squad accumulated 369 yards of offense on its way to a 45-25 victory over the Golden team in Southern Miss' annual Black and Gold game,More >>
The Black squad accumulated 369 yards of offense on its way to a 45-25 victory over the Golden team in Southern Miss' annual Black and Gold game, Saturday afternoon at M.M. Roberts Stadium.More >>
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