MetLife Announces Rate Cuts To Term Life - Insurance News Net

MetLife Announces Rate Cuts To Term Life Insurance News Net MetLife, which missed its second-quarter earnings estimates, has announced rate reductions on some of its guaranteed level term insurance products as the company seeks to boost life insurance sales in an era of slow growth marked by low interest rates.

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Health and Life Insurance Benefits for Surviving Children - FEDweek

Health and Life Insurance Benefits for Surviving Children FEDweek While the loss of a parent is a great loss for children to bear, the federal government has made life a little easier for them by providing survivor annuities, and, in most cases, continued health benefits coverage. Further, there is always the ...

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MetLife Announces Rate Cuts To Term Life - Insurance News Net

MetLife Announces Rate Cuts To Term Life Insurance News Net MetLife, which missed its second-quarter earnings estimates, has announced rate reductions on some of its guaranteed level term insurance products as the company seeks to boost life insurance sales in an era of slow growth marked by low interest rates.

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Fitch Take Various Actions on Pacific Life Insurance Company\'s Commercial ... - MarketWatch

Fitch Take Various Actions on Pacific Life Insurance Company's Commercial ... MarketWatch The affirmation of the primary servicer ratings reflect Fitch's assessment of the company's ability to effectively service commercial mortgage loans, technology, and its robust internal control environment. Each of the ratings take into consideration ... and more »

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How health insurance companies still cheat customers under Obamacare - AMERICAblog (blog)

How health insurance companies still cheat customers under Obamacare AMERICAblog (blog) That is, if they thought to look at the insurance company's formulary and checked what the copays might be before signing up for that particular plan. If they didn't, they may be stuck in this kind of a predicament until that can get out of the plan ...

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Drug shortages are jeopardizing patient care, CMA president warns - Ottawa Citizen

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Globe and Mail

Drug shortages are jeopardizing patient care, CMA president warns Ottawa Citizen Appearing before the House of Commons health committee Thursday, Canadian Medical Association president Dr. John Haggie said care is being jeopardized as doctors scramble to source medicines, or find alternatives for drugs that should be in ready ... Patient care jeopardized by drug-shortage crisis: top doctor Victoria Times Colonist Shortage of Drugs Causing Concerns in Canada French Tribune  »

Zicam maker pulls products, but affirms safety - Boston Business Journal:

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The FDA said it received more than 130 complaintss from consumers saying they have lost theire sense of smell after usinythe products. Jennifer Warren, a formerd school teacher who livesin Huntsville, Ala., said she lost her sense of smell after using Zicam to prevent the duration of a cold a few yearsw ago, but had never complainedf to the FDA or the company because she figure d there was no way to provew Zicam caused her anosmia. She said she doesn’gt want to sue Scottsdale-based Matrixx (Nasdaq:MTXX) even aftedr learning others have had thesame “I don’t think Zicam was created to hurt she said.
“We sit here and we rip and we rave aboutr all these drugs not beinbg allowed onthe market. The firstf time anything goes wrong, everybody wants to go sue, sue, sue. That drivese me nuts. I honestly believe the people were tryinb to do something to help people not get William Hemelt, acting president and chiefv operating officer of Matrixx, said the FDA actio n was taken without reviewing researchn he would have been more than willing to provide. “We thinkl the science does not support this allegationhat all,” he said. “Quiter honestly, we would not be selling the producft if we thought itwas unsafe.
” Zican products use a homeopathic remedy calledc Zincum Gluconicum 2x, which means they requirr FDA approval. Dr. Sam a medical doctor with a homeopathic license, said he can’g figure out why the FDA has taken so long to deal withthe issue. “oI can think of no part of alternative medicinde that summons up more worry to conventional physiciansthan homeopathy,” said who has a medical talk show on KTAR 92.3 FM on Saturdaysz at 2 p.m. and 1,0009 followers on Twitter. “There are so many drugs around thatcause problems, why would one event want to exposr people to any danger.” Brett Berty, a senior recall strategisyt at Stericycle Inc. in Lake Forest, Ill.
, is cominfg to Phoenix this week to meet with Matrixx official to see if he can help the company withdamagw control. Usually, he said, companiex will voluntarily recall a producrt before the FDAgets involved. That’s not how it happenedd with Matrixx. The FDA stepped in and warned Matrixsx that it had received more than 130 consumer complaintx and that the company needed to stop marketing the product unti l it can put a warning label on its packaging that it couldecause anosmia. Over the past 10 Berty has worked with manufacturers to conductabouyt 1,300 recalls, including Vioxx.
“Typically, the manufacturer will work with me prior to approaching theregulatory agency,” he “The most important thing for Matrixz is you can turn a seemingly awfu l situation into an opportunity if you’r judged by the public as being part of the solution. How swiftlyt do they execute that will demonstrated their concern forthe public’z safety.” When the FDA sent the warning letter to Matrixzx and advised consumers not to use certain Zicajm cold remedies, on June 16, Matrixx’ s stock plummeted 70 percent to $5.78 a share. It bounced up a bit to $6.1w a day later, but nowhere near its 52-weekk high of $19.
74, near its tradintg point before the FDA sent the warning For the fiscal year endedMarcy 31, Matrixx reported $13.8 million in net incomd on $112 million in net sales, up from $10.4 million in net income on $101 millioj in net sales a year ago. Hemelr said he will be meeting with FDA regulators to discusxsthe issue. He also scheduled a conferencd callwith investors.