Recent Posts

There is a growing outcry on Capitol Hill over surprise emergency room bills — and now emergency room doctors themselves are rolling out a plan to do something about it.

Here’s the basic problem: As Vox and others have reported, in-network emergency rooms are often staffed by out-of-network doctors. This can lead to hefty bills for patients who think their providers are covered.

One patient I wrote about, for example, ended up with a $7,924 bill for emergency jaw surgery even though he was seen at an in-network hospital. The surgeon who saw him, it turns out, wasn’t...

As legislators on Capitol Hill prepare to address the surprise billing issues that are affecting millions of patients across the country, the American College of Emergency Physicians (ACEP) today released a framework of proposed solutions to protect emergency patients.  

"By oath and by law, emergency physicians will treat any patient, regardless of their ability to pay," said Vidor Friedman, MD, FACEP, president of ACEP. "In fact, that federal law, the Emergency Medicine Treatment and Labor Act (EMTALA) actually forbids emergency care providers from discussing...

HSBC Holdings has agreed to pay $30 million (R415m) to settle litigation by investors who accused 11 big banks of rigging the roughly $9 trillion government agency bond market from 2009 to 2015.

The settlement with the British bank was made public late Wednesday night in the federal court in Manhattan and requires approval by US District Judge Edgardo Ramos.

HSBC is the third bank to settle, after Deutsche Bank and Bank of America agreed in August 2017 to pay a respective $48.5m and $17m and co-operate with the plaintiffs.

Investors led by two Alaska government entiti...

Michaela Christian lost a long battle with Wells Fargo in 2013 to save her Las Vegas home, a defeat she says changed the course of her life. When the bank refused to modify her mortgage, Christian moved in with a friend and scrambled to rebuild her life.

Five years later, Wells Fargo admits it made a mistake. Christian, 46, qualified for the kind of mortgage help that may have saved her home after all.

It is a mistake the giant bank admits it made nearly 900 times over several years, pushing hundreds of distressed homeowners into foreclosure.

Christian said that when...

Mr. Cooper Group Inc. COOP, +2.13% announced today the signing of definitive agreements to acquire servicing rights underlying $24 billion in GSE mortgages, enter into a subservicing contract for an additional $24 billion in mortgages, and purchase the Seterus mortgage servicing platform and assume certain assets related thereto from IBM IBM, +0.91%

“We are excited to welcome more than 300,000 customers and the Seterus team to the Mr. Cooper Group family. We are confident our new team will be energized by our people-first culture, and our new customers will benefit...

Blue Shield of California is unfairly targeting hundreds of thousands of Covered California enrollees with a coverage change that would prevent them from getting routine care when they are working outside of California, one enrollee told The Sacramento Bee.

Philip Martin has been trying to get Blue Shield to reverse its decision to limit out-of-state medical coverage for PPO members whose policies didn’t go into effect before Jan. 1, 2014, the date when coverage under the Affordable Care Act went into effect. Blue Shield is limiting out-of-state coverage to urgent c...

Please reload

Please reload