Health Insurer Humana Thinking of Selling

Health Insurance company Humana Inc is thinking of selling the company after it received multiple expressions of takeover interest, this could set off a round of mergers in the health care industry as it grapples with the hurdles and opportunities caused by the federal health-care overhaul.

Companies are pressured to cut costs and look for other ways to gain profit from the potential new customers because of the Affordable Care Act. Experts expected that big health insurance companies will merge to give them more opportunities to compete.

Humana is headquartered in Louisville, Kentucky. Majority of its income is from its business administering the private version of the federal Medicare program. The company prized because of its powerful Medicare franchise, which is on the uptrend as baby boomers age into eligibility and opt for these plans, known as Medicare Advantage.

Los Angeles Votes 14-1 for $15 minimum wage

The Los Angeles City Council voted last Tuesday 14-1 in favor of the $15 minimum wage increase, after they hear the statements of residents for and against the plan. There are about 700,000 people earning minimum wage in Los Angeles, the city also has the highest housing costs in the country. Los Angeles will be the 2nd largest city to increase the minimum wage to $15 from $9.

The measure will be sent to the city attorney to prepare a wage ordinance. That ordinance will then go to a council committee and if it get pass it will go to the full council for a final vote and then to Mayor Eric Garcetti.

This will require businesses with more than 25 employees to meet the $15 pay level by 2020, while smaller businesses would have an extra year to comply.

Now you can Track Your Pizza Using Pizza Hut app

Can't wait for your Pizza deliver? You can now track it real time using the new Pizza Hut app, you no longer have to ask "Where's my pizza?" They are calling it "Pizza Navigation System" and it runs like Uber's tracking app. The customer will have the ability to track the location of the delivery guy's vehicle on a map on the way to the customer's location.

Pizza Hut said that the service will "allow customers to plan for meal time while Pizza Hut simultaneously manages its fleet of drivers to ensure an efficient ordering process."

The picture of the delivery guy will also be shown on the app so that the customer will know who to expect at their door. The service was first rolled out in Russia and Israel in 2014. It will debut in the Dallas area soon, and be expanded through out the country later this year.

Job Search Website Listed 10 worst and best jobs of 2015

Careercast, a job search website listed the 10 worst and best jobs for the year 2015 and too bad for the newspaper reporters they top the list of worst job in the U.S. Another 2 media professions are in the list of the worst Broadcaster in number 5, while Photojournalist is in number 6.

Now you can't blame former Houston Chronicle newspaper reporter Sarah Tressler for having a second job as a stripper

The ranked is based on income, stress, outlook and environmental factors, they collected the data from the Bureau of Labor Statistics.

The best job in 2015 is Actuary, a profession which calculate financial risk.


The worst of 2015

1. Newspaper reporter
2. Lumberjack
3. Enlisted military personnel
4. Cook
5. Broadcaster
6. Photojournalist
7. Corrections officer
8. Taxi driver
9. Firefighter
10. Mail carrier

The best of 2015

1. Actuary
2. Audiologist
3. Mathematician
4. Statistician
5. Biomedical engineer
6. Data scientist
7. Dental hygienist
8. Software engineer
9. Occupational therapist
10. Computer systems analyst

Supporters of Memories Pizza raise $842,387 after backlash over Standing Ground with their Beliefs in regards to Gay Marriage

Supporters of Memories Pizza raise $842,387 after backlash over when the owners stand their ground on their Beliefs in regards to Gay Marriage.

A local Indiana pizza shop "Memories Pizza" has closed down after coming under fire from Liberals and LGBT communities after an interview Co-owner Crystal O'Connor which she said that she would refuse to cater a gay wedding. The supporters of the local Pizzeria has now raised $842,387 online in just 4 days.

"Donations are now closed. Grand total of $842,387 raised for ‪#‎MemoriesPizza‬. You stood in the gap with them. Thank you!"

http://www.gofundme.com/MemoriesPizza

Lawrence Jones created the fund-raiser, he is a regular contributor for conservative radio program, "The Diana Show," which is publicly backing O'Connor's family.

"All money, save whatever percentage GoFundMe takes, will be transferred directly to whichever bank account the O'Connors wish to use," according to Lawrence.

In a related news, A bitter CBS Affiliate Employee is now being investigated for a bogus fraud report against ‘Memories Pizza’ GoFundMe and she even had the gall to brag about it on Social Media.

Alix Bryan works as a social media person for WTVR-TV (CBS affiliate in Richmond, Virginia), she filed a fraud report to GoFundMe against Memories Pizza and brag about it on Twitter:

I have reported the GoFundMe for Memories Pizza for fraud. Just in case. http://t.co/ET0kGL0OWL
— Alix Bryan (@alixbryan) April 1, 2015

Then when someone confronted her asking why she filed a fraud complaint without basis, she replied with a lie “Also, that is totally acceptable to do. I also did research afterward and contacted person who started fund. @LilacSundayBlog @CBS6”, Lawrence Jones (the guy who started the fund) Tweet back and accused her of lying.

So, is this what she do in WTVR make up fake news report?

#firealixbryan

Southport Lane Management Insurance Empire Collapse

Southport Lane Management boast 2 insurance carriers, 2 offshore reinsurers, some buildings and other insurers’ investments however this empire was built on questionable assets and is now being dismantled. This event has raised some questions about state regulators which failed to detect potential problems of the company and the flow of new money into the insurance business.

Alexander Chatfield is a young private-equity investor in his mid-20s, state regulators approved his request to purchase two insurance companies in 2013 even though he had limited industry experience. Then after a few months regulators seized both companies because of concerns about the companies finances, exposing the flaws in how states screen prospective buyers.

Chatfield, 28 founded the private equity firm Southport Lane Management LLC in 2010, and he bought insurance carriers including workers’ compensation writer Dallas National in Texas and personal lines writer Imperial Fire & Casualty in Louisiana. Southport transferred Dallas National to Delaware and renamed Freestone, it is currently in the process of liquidation in Delaware while Imperial was seized and sold by Louisiana regulators.

His company also bought Redwood Reinsurance which is based in Cayman Islands reinsurer. Last April it reported it was selling its reinsurance business, Southport Re, to Lennox Investments.

It is alleged that Burns switched millions in stocks and bonds from the companies into a personal account and replaced those investments with non-publicly traded or valueless assets, worthless, and in some cases non-existent which include a Caravaggio painting of uncertain authenticity.

It was reported that Mr. Burns checked into a mental-health ward at New York’s Bellevue Hospital a year ago he also resigned from Southport Lane. 

Uninsured Citizens Can Still Avoid being Penalized by Obamacare

Citizens who have not yet purchased a health insurance plan can still avoid federal fines, since Washington has offered a second chance. The enrollment period will give a million people who have not yet signed up for Obamacare a one-time chance to enroll.

Most people has negative feedback with President Obama’s healthcare law it has been criticized by a lot of people. The average federal fine is at $170 which will be deducted from tax refund. 2015 will be the first year in which fines are being collected from uninsured people who are able to afford insurance.

The low and middle income individuals and self employed businessmen are among the people fined for not opting for affordable coverage. The government said that about 4 million people will have to pay fines this year if they don't sign up for the coverage during the limited-time window.

The limited time window to enroll for healthcare coverage will be open up to April 30. The penalties for this year will be higher, at $325 for 12 months.