UnitedHealthcare Acquires Peoples Health in Louisiana

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UnitedHealthcare, the largest health insurer in the U.S., has reached a deal to acquire Peoples Health, Louisiana’s second-largest Medicare Advantage provider. Established in 1994, Peoples Health has around 850 employees, 55,000 members, and in 2016, made about $710 million. The company was one of the first in Louisiana to provide Medicare Advantage plans. The…

How 2018 Social Security COLA Affects Part B enrollees

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On Friday, the Social Security Administration announced that the cost-of-living adjustment (COLA) for 2018 will see a 2 percent increase in benefits from 2017, resulting in the largest adjustment since 2012. The increase will affect more than 69 million people, including more than 8 million Supplemental Security Income recipients. They’ll receive roughly $27…