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Visit One News Page for Health Insurance news from around the world, aggregated from leading sources including newswires, newspapers and broadcast media. Search millions of archived news headlines. This feed provides the Health Insurance news headlines.

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    (Reuters) - Students at the University of Notre Dame on Tuesday sued the Indiana school and the Trump administration over a move this year to drop coverage for some forms of birth control from the university's health insurance plan, citing religious objections. Reported by Reuters 10 hours ago.

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    The Truth-o-Meter says: Mostly True | Did Patrick Morrisey join a lawsuit to allow insurers to deny coverage for pre-existing conditions?Sen. Joe Manchin of West Virginia -- a vulnerable Democratic Senator in a state that Donald Trump won by more than 40 points in 2016 -- is accusing his Republican opponent of seeking to take away health insurance protections for people who have pre-existing conditions. In a tweet, Manchin said that Patrick Morrisey, the state’s elected attorney general and the GOP’s nominee for the Senate seat, "joined a federal lawsuit to allow insurance companies to deny coverage for people with pre-existing conditions." See Figure 1 on Historically, getting rid of pre-existing condition protections is an unpopular view. ...

    >> More Reported by PolitiFact 11 hours ago.

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    Partners HealthCare, the state’s largest employer, sent a letter to employees Tuesday telling them that it will switch their health insurance from Blue Cross Blue Shield of Massachusetts to its own plan as of next year. The change will move some 100,000 employees now insured through Blue Cross to Neighborhood Health Plan, which Partners has owned since 2012. NHP has until only recently focused on low-income patients on the state’s Medicaid program. “By administering our health plan in-house,… Reported by bizjournals 19 hours ago.

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    Firm Brings More Than 20 Years of Service and Expertise to the Nation’s Largest Network of Independent Employee Advisory Firms

    (PRWEB) June 27, 2018

    United Benefit Advisors (UBA), is pleased to welcome BIS Benefits to its exclusive community of the top independent employee benefit advisors. Alpharetta, Georgia-based BIS Benefits specializes in selling and servicing group medical, dental, life and disability insurance to small and mid-size companies in the Atlanta metropolitan area.

    BIS Benefits assists clients by becoming a trusted advisor in helping clients navigate through the complexity of the Affordable Care Act (ACA) and its compliance challenges, rather than being a transactional broker, simply selling insurance policies. The BIS Benefits service model is unique and an added bonus to both employers and their employees. Their inbound call center and carrier concierge status helps client service representatives provide quick solutions to resolving claims and billing questions. Ray Bachman, Founder and President of BIS Benefits said, “The BIS in our company name stands for ‘Best in Serving’ and we do our best to ‘walk our talk’ in serving our clients, vendors and employees.”

    “We are excited to become a part of the UBA family. Being an independent advisor in our world of acquisitions, it is imperative to join forces with other firms in our industry to collaborate on all aspects of our business. And, because compliance is becoming a full-time job, it is comforting to know that UBA has the necessary personnel and resources available at our disposal. We are honored to join forces with such an elite organization,” says Bachman.

    The BIS Benefits core values are based on the acrostic of serving: satisfaction, employees, relationships, value, integrity, never give up, and gratitude. The “I” in BIS stands for Integrity – they do what is right, just, and fair in all circumstances. “Ray and his team’s values and enthusiasm to contribute to our community of like-minded professionals make them an ideal fit with our culture. UBA looks forward to our new relationship with BIS Benefits and the mutual benefit of shared ideas and best practices,” says UBA President Peter Weber, M.S., CAE.

    About BIS Benefits
    BIS Benefits has been focused on serving companies with fewer than 100 employees in the Atlanta metropolitan area for more than 20 years. Our mission is to provide creative health insurance solutions with exceptional service. We strive to be a trusted advisor transforming each organization’s approach, design, and implementation of healthcare, resulting in a healthier work environment while maintaining costs. For more information or to speak with our team, visit

    About United Benefit Advisors®
    United Benefit Advisors® (UBA) is the nation’s leading independent employee benefits advisory organization with more than 200 offices throughout the United States, Canada, England, and Ireland. UBA empowers more than 2,000 Partners to both maintain their individuality and pool their expertise, insight, and market presence to provide best-in-class services and solutions. Employers, advisors and industry-related organizations interested in obtaining powerful results from the shared wisdom of our Partners should visit Reported by PRWeb 18 hours ago.

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    Fast-growing Medical Cost Sharing Solution Provider Completes Implementation of FTNI’s ETran Platform for One-time and Recurring ACH Payment Processing and Back-office Posting

    OMAHA, Neb. (PRWEB) June 27, 2018

    Financial Transmission Network Inc. (FTNI), a provider of industry-leading integrated receivables solutions, today announced MPowering Benefits Association has launched its ETran EPay module for accelerated initiation, processing and posting of one-time and recurring ACH payments.

    MPowering Benefits is an Independent Marketing Agency for My Academy of Health Excellence. My Academy of Health Excellence provides both a doctor and holistic approach to healthcare and wellness, helping individuals and groups save money on medical expenses, everyday needs, and wellness solutions. Members are free to choose their own doctors, healthcare professionals, and allows for alternative solutions. My Academy of Health Excellence educates, communicates, and creates community around all aspects of health and wellness so you can make the best decisions and choose the healthiest lifestyle that suits your needs.

    Proven to decrease companies’ time-to-process by as much as 80 percent, ETran’s cloud-based, highly-configurable design allows Accounts Receivables (AR) organizations to quickly tailor the platform to their unique business processes and workflows to accelerate operations across all payment methods and channels, from a single receivables processing platform.

    Seeking increased efficiencies in the processing of its member’s one-time and recurring ACH payments, MPowering Benefits selected ETran’s EPay module. Implemented in less than two weeks, ETran’s EPay module now provides MPowering Benefits with the ability to initiate and process all of its one-time and recurring ACH payments from a single platform. In addition to the initiation and processing of its ACH payments, MPowering Benefits is also utilizing ETran’s true straight-through processing features to receive automated delivery of payment data on a daily basis for posting purposes within its back-office accounting system.

    “As our growth continues to accelerate, it is incredibly important to look for new technologies that enable us to drive increased efficiencies within our internal operations,” said Rod Maxson, CEO, MPowering Benefits. “FTNI’s ETran platform has done just that for our AR department. We were up and running in less than two weeks and have already seen improvements within our day-to-day operations. Not only is the payment process faster, but we’ve also streamlined the posting and cash application process into our back-office accounting system as well.”

    ETran’s agnostic, ‘plug-n-play’ nature works with customers’ existing banking and merchant processor relationships and supports efficient integration (batch or real-time) with any back-office system. All payment information is processed and stored on ETran’s fully compliant – PCI, HIPAA, SSAE 16 and more – Software as a Service (SaaS) platform.

    “As we see with companies in virtually every industry, the importance of optimized AR operations—all the way from payment initiation and acceptance to back-office posting—continues to gain momentum,” said John Karhoff, director of sales, FTNI. “We are excited to work with the team at MPowering benefits as they take advantage of the new efficiencies ETran is delivering within their AR operations, and look forward to supporting their expanded use of the ETran platform in the future.”


    About MPowering Benefits Association

    Headquartered in Deerfield Beach, FL, MPowering Benefits and My Academy of Health Excellence provide a holistic approach to healthcare and wellness, helping individuals and groups save money on medical expenses, everyday needs, and wellness solutions. Featuring a team of professional licensed Insurance Agents who have years of experience implementing individual and group benefits, MPowering Benefits specializes in serving the unique needs of individuals, families, small businesses, and the self-employed. MPowering Benefits provides Health Sharing solutions with an integrated approach vs. traditional health insurance. The MPowering program combines Medical Cost Sharing, Telemedicine, 2nd MD Consultation, Patient Advocacy, Medical Tourism, and access to a Health Maintenance Account as a strategy focused on affordability and financial responsibility. To learn more, visit

    About FTNI

    Financial Transmission Network, Inc. (FTNI) accelerates the way businesses accept, process, post and manage payments. Processing millions of transactions monthly, FTNI’s integrated receivables platform, ETran, accepts any payment method, via any payment channel—on a single, secure, cloud-based platform. ETran’s easy-to-deploy, modular design seamlessly integrates current business processes, bank and processor relationships, and back-office accounting software to deliver increased efficiencies and cost savings as a result of true straight through processing. Founded in 2007, FTNI serves more than 20,000 corporate users from leading organizations spanning numerous industries including Banking and Financial Services, Distribution, Insurance, Nonprofit, Property Management, Utilities, and more. For more information, visit Reported by PRWeb 17 hours ago.

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    Federal officials say loosening the regulation of association plans will give small businesses a more affordable health insurance option, but critics are wary. Reported by NPR 16 hours ago.

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    Some employers that sponsor high-deductible health insurance plans for employees are reconsidering as more employees struggle -More-  Reported by SmartBrief 16 hours ago.

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    The joint health insurance venture launched by Aetna Inc. and Allina Health System named five top executives Wednesday. The company, Allina Health and Aetna Insurance Co., has tapped Dr. Robert Wieland, a long-time Allina executive, to serve as its chief medical officer. Wieland was most recently Minneapolis-based Allina’s chief strategy officer. The other new top leaders are: Jeffrey Jacobsen, who was most recently senior director of finance for Minnetonka-based Medica’s commercial market… Reported by bizjournals 10 hours ago.

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    New Additions to Join Valley Law Firm

    PHOENIX (PRWEB) June 27, 2018

    Jennings, Strouss & Salmon, P.L.C. is pleased to announce that Jennifer R. Erickson, Shawdy Banihashemi, and Ryan B. Johnson have joined the firm’s Phoenix office, expanding its insurance defense practice.

    “Jennifer, Shawdy, and Ryan are great additions to the firm,” states Jay A. Fradkin, Chair of the Jennings Strouss Medical Malpractice Department. “They bring a wealth of experience and knowledge in the areas of insurance and tort defense litigation, and fresh ideas for resolving clients’ issues. We are very happy to have them onboard.”

    Erickson joins the firm as a Member and focuses her practice on insurance defense litigation and coverage work, representing both personal and commercial line insurance carriers. She also represents insurance companies in first-party and bad faith issues, and represents insureds in third-party tort matters. In addition, Erickson is an experienced arbitrator and mediator of insurance related disputes.

    Erickson began her legal career as an in-house litigator for a large insurance company. There, she gained extensive experience in handling cases on behalf of insureds, counseling claim adjusters on coverage issues, processing conservatorships for minor settlements, and preparing special releases for resolution of various non-standard claims. Prior to attending law school, she had a successful career selling life, dental, and disability insurance policies, and providing benefit consulting services on group health insurance plans to business owners.

    Erickson distinguishes herself as an excellent strategist, particularly in cases where there are many moving parts. She is known by her clients for delivering unparalleled service with a unique emphasis on education. Erickson regularly partners with major insurers to provide on-going training and education to supervisors and claims adjusters. To better facilitate these trainings, she created “Claims University,” a program consisting of educational modules specifically tailored to help claims representatives better manage their cases.

    Erickson earned her J.D. from Arizona State University, Sandra Day O'Connor College of Law, where she was a Pedrick Scholar, and her B.A at the University of Delaware.

    Banihashemi, also a Member, is an experienced trial attorney who focuses her practice in the areas of general insurance defense litigation and coverage work. She handles all aspects of tort defense litigation and litigation for complex construction defect cases. In addition, Banihashemi is experienced in criminal defense, having handled a wide range of criminal matters ranging from minor infractions to serious felonies.

    Banihashemi earned her J.D. from the University of Baltimore School of Law and her B.A. from the University of Maryland. She is actively involved in the State Bar of Arizona, serving as a committee member of its 2018 Annual Convention and as past chair of the Committee on Minorities and Women in the Law.

    Johnson joins the firm as an Associate, focusing his practice on insurance defense and coverage work. He handles all aspects of first-party and third-party tort defense litigation. Johnson also represents individuals and businesses in complex commercial and business litigation, insurance defense, products liability, real estate, and eminent domain matters in state and federal court. He defends and prosecutes actions involving contract disputes, construction law, corporate law, Native American law, and environmental law.

    Johnson earned his J.D. from the University of Nebraska College of Law, with high distinction. During law school, he served as the Executive Editor of the Nebraska Law Review and as a member of the Nation Moot Court Team. Johnson earned his B.S. in Business and Accounting from the University of Phoenix.

    For more information about Jennings, Strouss & Salmon, please visit Reported by PRWeb 10 hours ago.

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    ‘Three Identical Strangers’ Film Review: Doc Follows Separated Triplets Down Tragic Life Paths In 1980, a 19-year-old man named Robert Shafran walked on campus for his first day of college. To his bewilderment, the kids greeted him as if they knew him already and were surprised that he was back. It didn’t take long for Robert to figure out that he had an identical twin brother named Eddy about whom he knew nothing. After they met, and it was reported in the press, yet another identical twin brother named David contacted Robert and Eddy.

    Director Tim Wardle’s carefully structured and suspenseful documentary “Three Identical Strangers” starts at this point where all the brothers first met, and it mimics the “can you believe it?” tone of their initial press. Robert, Eddy, and David made the rounds of all the talk shows in 1980 and became media celebrities. They also all moved into the same apartment in Manhattan, and they enjoyed some wild times.

    The brothers appeared in the movie “Desperately Seeking Susan,” where they stared after Madonna as she walked down the street. When one of them didn’t have health insurance, he pretended to be a brother who did and had his appendix removed. They sowed their wild oats, and they all eventually married women who loved them. They opened a restaurant together called Triplets, and things went well with that for a time. And so at first this seems like a fairly happy story.

    *Also Read:* 'Ant-Man and the Wasp' Film Review: Paul Rudd's Shrinking Hero Returns for Buzzier Sequel

    But then the brothers began to learn about why they were separated from each other, and the backstory that emerges has so many sinister twists and turns that it becomes mind-boggling. As this movie goes on, and the narrative unfolds, you are likely to be saying to yourself, “Oh my God,” every 10 minutes or so.

    “Three Identical Strangers” is the sort of movie that you should ideally see without knowing too much about it or what happens in it. There will be a few spoilers ahead in this review, but this movie contains so many revelations that writing a little about the first few of them will really just be the tip of the iceberg. So proceed with caution until you see the film.

    *Also Read:* 'The King' Film Review: Glorious Documentary Takes American Road Trip With Elvis Presley

    The adoptive parents of the boys were very angry when they found out that they had not been told about the other two identical siblings by the Louise Wise Services adoption agency in New York. The six of them went to the agency to complain in 1980, but they got nowhere. When the parents spoke about a lawsuit, they were discouraged because the agency seemed to have some powerful political connections.

    In 1995, the triplets found out that they had been deliberately separated as part of a psychological experiment by Dr. Peter Neubauer, a noted child psychiatrist and psychoanalyst who was close with Freud’s daughter Anna. Neubauer’s most notable paper was “The One-Parent Child and His Oedipal Development,” where he argued that the lack of a father figure could do damage. This paper was published in 1960, the year before Neubauer chose to split up the brothers and place them in different homes for observation, with carefully selected parents.

    *Also Read:* 'Ideal Home' Film Review: Paul Rudd and Steve Coogan Become Unlikely Dads, Hilariously

    The adoptive parents were told by the Louise Wise agency that they were doing a study of adopted children, and so researchers came to question the boys on a regular basis and treated them as guinea pigs for the purposes of information on child development and on parenting. As “Three Identical Strangers” goes on, we learn more and more about the specific details of this Neubauer study, and what at first looks unethical begins to seem downright cruel and outright destructive.

    The triplets find their birth mother and meet her for a drink, and it sounds like she wasn’t a woman they wanted to get to know too well. (In the single photo we see of her from her high school yearbook, she looks exactly like them.) When the brothers find out about several other twins who were separated for the Neubauer study, they begin to realize some of the most disturbing ramifications of what was done to them.

    While telling a specific and horrifying real-life story, “Three Identical Strangers” explores the notion of “nature versus nurture” in a way that seems to both confirm and deny the neatness of any possible scientific study of human behavior. We hear Neubauer’s voice only once here, when he is questioned by a journalist. Neubauer says that he broke the twin study off in 1980 because “it got too expensive.”

    The results of Neubauer’s study were never published, and the files on it are under seal at Yale University until 2066, presumably because the subjects of the study will have died by then. It is almost certain that Neubauer didn’t publish the results of the study because he knew public outcry against him would have been too much to handle.

    Wardle spent five years making “Three Identical Strangers” after several other filmmakers had given up on this subject because they were always hitting a dead end, and so he deserves credit for journalistic doggedness and also for making a documentary that plays like a nerve-jangling thriller.


    *Related stories from TheWrap:*

    'Ant-Man and the Wasp' Film Review: Paul Rudd's Shrinking Hero Returns for Buzzier Sequel

    'Ideal Home' Film Review: Paul Rudd and Steve Coogan Become Unlikely Dads, Hilariously

    'The King' Film Review: Glorious Documentary Takes American Road Trip With Elvis Presley Reported by The Wrap 11 hours ago.

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    Embrace breaks down the cost of puppy ownership and the must-haves every puppy needs.

    CLEVELAND (PRWEB) June 28, 2018

    Bringing home a new puppy is a fun and exciting time for pet parents, but it’s also important to understand the costs of puppy ownership. According to the Washington Post, new dog owners can expect to spend between $1,200-$2,000 in the first year, and as much as $14,500 over their pup’s lifetime for routine care costs alone. Unexpected accidents and illnesses also happen, and it can get expensive when they do.

    Having the essentials can help alleviate the financial aspect of bringing home a puppy. Pet parents should plan for the following:· 1. Good quality food: Read the ingredients to make sure the food is formulated for puppies and has meat as the first ingredient rather than food that is full of filler.
    · 2. Comfortable bedding: Make sure the puppy has a warm and quiet place to rest.
    · 3. Treats & toys: Treats are great training tools for a new puppy but should not make up more than 5% of his or her daily diet. When a new puppy comes home be sure to have a few interactive toys to keep them busy and help them learn to self-entertain.
    · 4. Collar, ID tag, leash, & microchip: Safety is key. Microchipping a pet can save their life. Having a collar and nametag to identify the pet in case they get lost is also important.
    · 5. Pet insurance: Signing a puppy up for a pet insurance policy will benefit pet parents financially throughout the course of their pup’s life. It’s best to sign them up early to avoid any pre-existing conditions later on.

    Puppies are naturally curious, and they can get sick easier because of their underdeveloped immune systems. Protecting them against costly accidents and illnesses while they’re young is important. Embrace offers one comprehensive nose-to-tail policy for puppies and dogs. Once a puppy is protected with an Embrace policy, they're covered for life.

    Embrace also offers Wellness Rewards for routine care that pet parents can add on to any policy. Wellness Rewards reimburse for vaccinations, spay/neuter, grooming, flea/tick prevention, behavioral training classes, and much more. Only a handful of other pet insurance companies offer a wellness plan, but Embrace is the only one that offers flexible reimbursement versus fixed or pre-set reimbursement limits for dogs as young as six weeks old. With Embrace, pet parents pick their annual allowance for wellness care from $250, $450, or $650 and the funds are available the day they sign up. When there are fixed maximums per item (e.g. $50 to spend on preventative medications) it’s difficult to get the full value, and pet parents either end up paying for items they don’t need or getting too little back on items they do need.

    For total, all-encompassing protection and the most flexible wellness plan in the industry for puppies, pet parents should visit

    About Embrace Pet Insurance
    Embrace Pet Insurance is a top-rated pet health insurance provider for dogs and cats in the United States. Embrace offers one simple yet comprehensive accident and illness insurance plan that is underwritten by American Modern Insurance Group, Inc. In addition to insurance, Embrace offers Wellness Rewards, an optional preventative care product that is unique to the industry. Wellness Rewards reimburses for routine veterinary visits, grooming, vaccinations, training, and much more with no itemized limitations. Embrace is a proud member of the North American Pet Health Insurance Association (NAPHIA) and continues to innovate and improve the pet insurance experience for pet parents across the country. For more information about Embrace Pet Insurance, visit or call (800) 511-9172. Reported by PRWeb 22 hours ago.

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    Scott Slutzker, CEO of Health Choice One, outlines how faith-based health plans provide solutions to coverage problems experienced by consumers enrolled in the programs offered by traditional insurance providers.

    AKRON, Ohio (PRWEB) June 28, 2018

    Health insurance is complicated. But Health Choice One makes it easy. With one phone call, consumers can get answers to questions, comparison shop and enroll in traditional health insurance, a faith-based health plan, short-term health coverage or a combination of other available plans.

    Whether a person is trying to get an update on the Affordable Care Act, find a more affordable health insurance plan, have lost coverage, needs to find a plan for the first time or are simply looking for a new way to protect a family, Health Choice One can help. Because the Health Choice One team works with multiple, top-rated insurance carriers, consumers have the flexibility to select a plan that is a perfect for both needs and budget. Health Choice One provides advice, information and helps people enroll in plans at no cost to them.

    “Our mission at Health Choice One is to improve the lives of our clients. We succeed only if our customers feel they are better off after doing business with us, so we strive to meet high expectations every day," said Scott Slutzker, CEO of Health Choice One.

    DIY is great, but not when it comes to health insurance. Licensed Health Choice One agents (available by calling 1-888-987-6593) know how complex health insurance can be and are skilled at finding solutions to manage the rising cost of health care. With Health Choice One, consumers don’t have to endure the health insurance journey on their own.

    Since its debut in 2002, Health Choice One has been committed to helping individuals and families find affordable solutions to their health plan needs. Health Choice One offers traditional health insurance plans, short-term plans, faith-based plans and other solutions. Reported by PRWeb 19 hours ago.

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    Trusted Advisor and Employee Benefits Consultant Can Now Offer MyMedicalShopper’s Suite of Healthcare Cost-Saving Tools

    (PRWEB) June 28, 2018

    The Gaudreau Group, one of the region’s largest employee benefits firm, and MMS Analytics dba MyMedicalShopper, a leading provider of healthcare price transparency solutions, are partnering to give consumers more choice and control with respect to their healthcare spending. Today the companies announced the partnership, making MyMedicalShopper’s advanced healthcare price transparency software and cost-saving employer tools available to Gaudreau Group clients.

    The Gaudreau Group can now deliver an entire suite of products which bring cutting-edge price transparency technology and robust claims analytics to employers and their employees. MyMedicalShopper™, MyMedicalRewards™, and a powerful employer analytics package are all now available to Gaudreau Group’s entire client base. The Gaudreau Group insures over 6,000 businesses and families across 14 states.

    “We talk a lot about our healthcare cost crisis in this country, but no proposed solution has anywhere near the same potential for driving savings as price transparency and consumer financial alignment,” says MyMedicalShopper co-founder and CEO, Mark Galvin. “By partnering with progressive benefits advisors, we can effectively empower those consumers who stand to benefit the most, and collectively reverse the trend of rising healthcare costs for both individuals and businesses.”

    For The Gaudreau Group, a respected benefits broker across the Northeast, this new offering is a significant step towards an improved health benefits environment for their clients.

    Jules Gaudreau, President of The Gaudreau Group, says, “With the dramatic changes in the healthcare industry over the past decade, our firm recognizes the critical need for better information and technology for empowering consumers. We’re excited to incorporate MyMedicalShopper into our strategies for employee benefits and health plan design for our clients.”

    MyMedicalShopper provides a comprehensive platform for employers that wish to arm their employees with a tool that makes shopping for medical care as easy as a Google search.

    MyMedicalRewards provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reduce medical claims.

    About The Gaudreau Group (
    For almost 100 years, The Gaudreau Group has been helping businesses and families Discover, Protect, and Enhance the people, places and things that are important to them. Whether through meticulously structured commercial insurance programs, results-oriented employee benefits strategies, customized personal insurance packages, or consultative financial services, our clients feel confident, secure, and in control.

    About MyMedicalShopper (
    MMS Analytics, Inc. dba MyMedicalShopper is a big data company with big dreams for healthcare. Co-founder and CEO Mark Galvin gave rise to the company out of the need to provide consumers and companies who provide healthcare benefits to their employees with transparency—the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. Their goal is to transform the healthcare industry into a fair market for consumers. For more information visit

    Mark Galvin

    The Gaudreau Group
    Kate Roy
    413-543-3534 x121
    kroy(at) Reported by PRWeb 12 hours ago.

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    Here are three things we invest in as a company that show we care about employees: New Atlantic is a 100 percent employee owned company. We pay for 100 percent of health insurance for gym memberships all employees. Reported by bizjournals 3 hours ago.

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    A Collaboration Between Ping An Group, SparkLabs Group, and the Futian District Government

    SHENZHEN, China (PRWEB) June 29, 2018

    Ping An Fin+Tech Accelerator powered by SparkLabs launched its first batch. The program is a collaboration between Ping An Group and SparkLabs Group ( under Futian District government’s full support. Ten companies were selected out of over 120 applicants from around the world with applicants ranging from seed stage to Series B companies.

    Ping An has invested over US$7.5 billion in FinTech, healthcare, artificial intelligence industries in the past decade; developed over 200 projects in the following areas: financial service, transportation, accommodation and government service with AI capability. With the support of Ping An Group and Ping An Cloud ecosystem, Ping An Fin+Tech Accelerator is focused on finding and partnering with innovative finance plus technology companies from around the globe to drive the technology revolution.

    “We are excited to be partnering with Ping An, and to be working with such a strong group of companies. The average capital raise for the ten companies prior to joining this first batch was US$3.2 million, and more importantly it’s a great group of founders. We designed the program for the innovative companies to fully leverage the resources from Ping An Group and SparkLabs right from the start, and we expect strong traction for every cohort,” stated William Chu, Managing Partner with SparkLabs FinTech.

    The ten companies are as followed:

    Funding Xchange
    FXE is seizing the power of data made available through open banking, cloud accounting and other sources to enable “one-click” funding applications to banks, alternative lenders and specialist financing providers. Using a cloud-based automated decisioning platform that accesses live transactional data sources, FXE enables the digitalisation and automatic underwriting of funding applications – allowing funders’ to reduce their costs of customer acquisition by up to 70% and accelerating speed of serving small businesses.

    Canopy Cloud
    Getting a complete and accurate view of a high net-worth individual’s whole wealth is a persistent challenge to the individuals and their wealth managers due to the sheer complexity of their assets diversely held in multiple private banks and beyond. Canopy is a platform that aggregates all assets and provides visualization, reporting, analysis and client communication.

    Velotrade is an online marketplace where SMEs get funding by selling their invoices to investors who earn above market returns with attractive risk/return profiles. All invoices are insured by a leading international insurance company and with the help of a number of partners we offer bank-grade security throughout the KYC and validation procedures.

    HedgeSPA is a core investment platform built on artificial intelligence, big data, and cloud computing. It can help leading financial institutions automatically reinvest and adjust their balance sheets to minimize capital requirements and improve profits, as well as to better serve their institutional and high-net-worth clients by automating the most tedious aspects of asset selection and portfolio rebalancing.

    Kangpe uses mobile phones, telemedicine and data science to make health insurance cheaper and easier to purchase for the over 900 millions Africans who do not have access to health insurance. Health insurance is estimated to be a $50 billion a year market in Africa. Kangpe is well positioned to capture a sizable share of this market as evidenced by its 50% month over month growth since their launch in January 2018.

    UBiAi Technology is a leading automotive data and AI startup and national high-tech enterprise in China. They aim to utilize the connected car data to drive innovation in automotive finance and insurance business, and provide the best experience digital service to the automotive customer.

    Gliding Eagle
    Gliding Eagle is a California-based technology company using blockchain and cloud based system to track each individual product item from the source to the end consumer around the world. They are using this system to ensure direct delivery of latest hepatitis and cancer drugs to Chinese hospitals.

    vPhrase's AI product, Phrazor, summarises data into a few bullet points which highlight the key insights people need for decision making. With Phrazor, customers don't have to spend time analyzing numbers or interpreting dashboards, as they receive insights instantly and ready to use.

    The CareVoice
    Shanghai-based insurtech transforming healthcare to be more consumer centric. At the core of the company mission is an independent mobile social platform that provides trusted, community-sourced ratings and recommendations on top-quality healthcare services. For insurers, The CareVoice brings mobile-based and data-driven SaaS solution that digitizes healthcare and insurance records to unleash value for insurance companies and their customers.

    FonePay is Pakistan's first payments super app, and is powered by a unique platform that brings together the largest combination of banks, online and offline merchants. This empowers users for their everyday payments needs straight from one app, and no matter who they bank with and where they shop. The FonePay QR based merchant network is currently the largest acceptance network in Pakistan, with over 70,000 merchants, and is servicing customers from fourteen banks.

    About Ping An
    As China's first joint stock insurance company, Ping An Insurance (Group) Company of China, Ltd. ("Ping An") strives to become a world-leading technology-powered personal financial services group. Today, it is an integrated, compact, multi-functional financial services group with services that include insurance, banking, and investment. As of 31 December, 2017, the Group had over 166 million retail customers. At the end of December 2017, the Group's consolidated total assets reached RMB6.49 trillion, while equity attributable to share holders of the parent company stood at RMB 473,351 million. Ping An Life and Ping An Property & Casualty are both ranked as the second largest in China, and Ping An Annuity is the top-ranked in China in their respective areas by premium income.

    Its subsidiary Ping An Bank is China's first joint stock bank. The Company's key areas of business include investment, with subsidiaries such as Ping An Trust,Ping An Securities and Ping An Asset Management. Furthermore, Ping An strives to develop internet finance, including Lufax, Ping An Good Doctor, Ping An Haofang, E-Wallet, One Connect, Ping An Healthcare Management Services, Wanjia Healthcare. It has achieved significant growth in both the scale and user base of internet finance. As of 31 December, 2017, the number of internet users of the Company reached 436 million.

    Ping An ranked 16th in Forbes' 2017 Global 2000, and it ranked 39th in Fortune Magazine's 2017 Global 500 Leading Companies. Ping An also ranked 61st in WPP Millward Brown's BrandZTM Top 100 Most Valuable Global Brands.
    For more information, please visit

    About SparkLabs Group
    Founded in 2013, SparkLabs Group ( includes SparkLabs accelerator network, Asia’s premier startup accelerators; SparkLabs Global Ventures (, a leading seed stage fund; SparkLabs Ventures, a localized early-stage fund (Series A & B) in South Korea; SparkChain Capital (, an early stage blockchain and cryptocurrency fund; and SparkLabs Capital, a late stage investment vehicle.

    SparkLabs accelerator network consists of SparkLabs Korea (Seoul), SparkLabs China (Beijing and launching Shanghai, Chengdu and Shenzhen), SparkLabs IoT & Smart Cities (Songdo, South Korea), SparkLabs Cultiv8 (AgTech, FoodTech & Sustainability in Orange, Australia), SparkLabs Taipei and SparkLabs FinTech (Shenzhen, Hong Kong). Reported by PRWeb 22 hours ago.

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    Reported by Harrison Daily 17 hours ago.

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    Starbucks has broadened health insurance coverage for transgender employees.  -More-  Reported by SmartBrief 14 hours ago.

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    Washington D.C., Jun 29, 2018 / 01:42 pm (CNA).- The announcement of Supreme Court Justice Anthony Kennedy’s retirement has prompted elation from pro-life groups, who are hopeful that the addition of a pro-life justice to the nation’s high court will be enough to overturn the 1973 Roe v Wade decision that mandated legal abortion nationwide.

    But if Roe is overturned, and individual states then outlaw abortion, as pro-life advocates hope, then what?

    Making abortion illegal is an important goal, and a critical first step for building a culture of life. But it’s a first step. We must also address a culture that accepts a lie about the connection between human sexuality and pregnancy, and then fails to support women who find themselves unexpectedly pregnant. For the millions of women who have been offered the false promise of contraception their whole lives, more is needed.

    For a half-century, the false promise of contraception has been embraced by American women. It is unfathomable to them that they would not be in total control over their reproductive lives.

    Even many advocates against abortion have embraced the idea that contraception gives women control over conception.

    The problem is, it’s not true. Contraception does not guarantee sex without the possibility of conception. The reality is, sex always brings with it the possibility of new life.

    According to the Guttmacher Institute, half of all U.S. abortions are performed on women who were using contraception during the month that they became pregnant. Many of these women believed that they were acting responsibly. Many were even married. They had been told all their lives that faithfully popping a pill or inserting a device would “protect” them from an unintended pregnancy.

    But they were wrong, and when they became pregnant – something that had not even been a possibility in their minds – they were left alone, panicked and vulnerable. Abortion is not the solution for these women. What is?

    What is the solution for a woman whose health insurance doesn’t cover prenatal care, labor and delivery – as was the case for *more than 80 percent* of individual health care plans just a few years ago?

    What is the solution for a woman trying to finish school, unsure whether her academic schedule will be able to accommodate a baby, and whether her budget will allow for babysitting, formula, and diapers?

    What is the solution for a financially struggling woman whose employer does not offer a single day of maternity leave? U.S. employers are not required to offer paid parental leave. And in 2012, the majority of American workers *did not qualify* even for the unpaid leave offered under the Family Medical Leave Act.

    These questions point to a serious cultural problem that the pro-life movement needs to remember: A worldview which assumes that women have total control over reproduction does not realize the necessity of supporting unplanned pregnancies.

    Women say they choose abortion because they lack support. One *recent study *found that “the vast majority of women who have chosen abortion would not have done so if just one person would have supported them.”

    How do we support an entire generation of women who have been told that they have a right to total control over their reproductive lives, and nothing should stand in the way of their reproductive choices?

    They need to be told the truth about human sexuality. And they need to know that if they ever face an unplanned pregnancy, they will not be alone.

    The potential reversal of Roe v. Wade presents opportunities – and obligations – to address these cultural deficits. The Church should make a renewed effort to promote its teaching on human sexuality in Humanae Vitae – the prophetic Church document on contraception that marks its 50th anniversary this year – and Theology of the Body.

    Serious efforts should also be made to provide practical support for women in need. Groups like Students for Life already work to accompany women who find themselves scared and vulnerable in unexpected pregnancies – arranging babysitting, offering diapers and other necessities, and helping talk with professors about scheduling options. This work would be even more critical in a post-Roe era.

    Adoption awareness and funding would also be key in offering women real alternatives to abortion. Pro-life groups should be on guard against initiatives that would create barriers to adoption – such as last year’s GOP tax proposal, which would have removed the adoption tax credit, making adoption impossible for many families.

    Presenting a renewed understanding of human sexuality, and supporting pregnant women in need: This is the big picture that the pro-life movement must keep in mind. Overturning Roe v. Wade is not the end – it’s just the beginning.

      Reported by CNA 10 hours ago.

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    (Reuters) - A federal judge on Friday vacated the federal government's approval of new requirements by the state of Kentucky that people must work or get jobs training if they are to receive benefits from the Medicaid health insurance program. Reported by Reuters 9 hours ago.

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    (Reuters) - A U.S. federal judge on Friday vacated the federal government's approval of new requirements by the state of Kentucky that people must work or get jobs training if they are to receive benefits from the Medicaid health insurance program. Reported by Reuters 9 hours ago.

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