Among all the reasons for rising health insurance premiums, this one might be the most obscure: A long-term care insurer in Pennsylvania just went belly-up.[...] failures are rare, but when they happen, other companies are responsible to help pay claims and protect policyholders through groups known as state guarantee associations.In these situations, long-term care coverage is treated as health insurance, so health insurers are liable for the payments — and some are disputing that.Industry analysts estimate that Penn Treaty has long-term claims liabilities approaching $4 billion, but only about $700 million in assets.Health insurers can pass along those costs by imposing premium surcharges, or they can shift the burden to taxpayers by paying less in state premium taxes.Anthem, the nation’s second-largest health insurer, estimates it will pay $253.8 million to cover its portion of claims.Most state guarantee associations will provide up to $300,000 for each policyholder who files a claim, but the limits vary by state.In California, more than 130,000 people who bought long-term care policies from the state workers’ retirement system received 85 percent rate hikes in recent years.Virtually all of the health insurance companies, especially the big ones, have never sold long-term care insurance,” Belth said, “so they are not appreciative of being assessed.
NYS Entity Status
NYS Filing Date
SEPTEMBER 20, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2013 - NAOMI AND ASSOCIATES LIMITED LIABILITY COMPANY
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Two law enforcement officials say Bello was allowed to resign in 2015 amid sexual harassment allegations.On Friday, law enforcement officials say Bello walked into Bronx Lebanon Hospital on Friday in a white lab coat concealing an AR-15 assault rifle.According to New York State Education Department records, the doctor who opened fire at a New York City hospital had a limited permit to practice medicine.Law enforcement officials say Bello walked into Bronx Lebanon Hospital on Friday in a white lab coat concealing an AR-15 assault rifle.Law enforcement officials say Bello was allowed to resign in 2015 amid sexual harassment allegations.Two law enforcement officials say the doctor who opened fire at a New York City hospital where he once worked was allowed to resign in 2015 amid sexual harassment allegations.The officials did not immediately know the details of the allegations against Dr. Henry Bello, who killed a doctor and injured six other people at the Bronx Lebanon Hospital on Friday before killing himself.Police say Bello was arrested in 2004 on a charge of sexual abuse after a woman told police he grabbed her, lifted her up and carried her off, saying, "You're coming with me."Law enforcement officials say the doctor who opened fire at a New York City hospital where he once worked may have doused himself in an accelerant and tried to set himself on fire before shooting himself to death.The officials tell The Associated Press that computers at a nurses' station at the Bronx Lebanon Hospital had been damaged, and the fire alarms had been triggered.Two law enforcement officials say the doctor who opened fire at a New York City hospital where he used to work resigned in 2015 in lieu of being fired.The law enforcement officials told The Associated Press that Dr. Henry Bello used an AR-15 to kill a fellow doctor and injure six other people at Bronx Lebanon Hospital on Friday afternoon.The official says Dr. Henry Bello walked into Bronx Lebanon Hospital at about 2:50 p.m. Friday with a rifle concealed in his lab coat and opened fire, killing at least one person and injuring six others.A New York City police spokesman says the gunman inside the Bronx Lebanon Hospital is dead after killing at least one person.According to a law enforcement official, the shooter was wearing a lab coat and had the rifle concealed inside it.According to a law enforcement official, the shooter was wearing a lab coat and had the rifle concealed inside it.
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