Posted inBusiness, sj-web

Maine premiums expected to rise after ACA subsidies end

  President Trump’s decision to eliminate federal reimbursement of a key subsidy to Affordable Care Act insurers will further boost average premium increases in 2018 for individual ACA policyholders in Maine. However, Maine’s two remaining ACA insurers, Community Health Options and Harvard Pilgrim Health Care, said the move would not prompt them to drop out […]

Posted inMaine, sj-web

Donald Trump’s executive order could alter Maine insurance market

President Trump’s latest executive order could make health insurance more costly for older, sicker Mainers by enticing younger, healthier individuals to purchase cheaper and less-regulated plans. Still, it could be some time before the rule-making needed to enforce the proposed changes goes into effect. “As of the signing of the executive order, absolutely nothing changes,” […]

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Posted inNation / World, sj-web

Social Security benefits to rise by 2 percent in 2018

The Social Security Administration’s main campus is seen in Woodlawn, Md. Millions of Social Security recipients and other retirees can expect another small increase in benefits in 2018. Preliminary figures suggest an increase of around 2 percent. That would mean an extra $25 a month for the average beneficiary. The Social Security Administration is scheduled […]

Posted inNation / World, sj-web

Donald Trump signs order to end subsidies for health care

President Donald Trump shows an executive order on health care that he signed in the Roosevelt Room of the White House, Thursday, Oct. 12, 2017, in Washington. (AP Photo/Evan Vucci) WASHINGTON (AP) — In a brash move likely to roil insurance markets, President Donald Trump will “immediately” halt payments to insurers under the Obama-era health […]

Posted inNation / World, sj-web

Donald Trump signs order to eliminate ACA insurance rules

President Donald Trump speaks before signing an executive order on health care in the Roosevelt Room of the White House, Thursday, Oct. 12, 2017, in Washington.  WASHINGTON — President Donald Trump signed an executive order Thursday morning intended to allow small businesses and potentially individuals to buy a long-disputed type of health insurance that skirts […]

Posted inNation / World, sj-web

House set to pass $36.5B for hurricane, wildfire relief

WASHINGTON (AP) — The House is on track to backing President Donald Trump’s request for billions more in disaster aid, $16 billion to pay flood insurance claims and emergency funding to help the cash-strapped government of Puerto Rico stay afloat. Thursday’s hurricane aid package totals $36.5 billion and sticks close to a White House request, […]

Posted inMaine, sj-web

Espling, Timberlake running for open state Senate seats

Rep. Jeff Timberlake, R-Turner, answers a question about the state budget during a January 2016 news conference at the State House in Augusta. Rep. Ellie Espling, R-New Gloucester, right, also spoke at the news conference. AUGUSTA — Two Republicans declared their intention Wednesday of seeking state Senate seats next year of incumbents departing to pursue […]