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Insurance & Financial Services

Report: 42 percent of unsubsidized ACA enrollees likely to switch plans during open enrollment

A recent survey report from eHealth, Inc. (NASDAQ: EHTH), a private online marketplace for health insurance, found that nearly eight in 10 consumers (79 percent) said they expect to review their health-insurance plan during the Affordable Care Act’s (ACA’s) current open-enrollment period.  Those not receiving government subsidies are more inclined to switch plans: 42 percent of consumers

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CH Insurance acquires Life Insurance CNY

SYRACUSE — Syracuse–based CH Insurance says it has acquired Life Insurance CNY, described as an “insurance-only financial-services firm” that operated in Syracuse. CH Insurance is a Syracuse–based multi-line insurance agency and benefits manager. Joseph Convertino, Jr., president of CH Insurance, says the acquisition of Life Insurance CNY didn’t involve a financial transaction. Brian Winchell of

State: No 2020 cost rise for most NY State of Health enrollees

“There will be no cost increase for nearly all” 2020 enrollees in NY State of Health, New York State’s health-plan marketplace, state officials say. That includes consumers enrolling in Medicaid, Child Health Plus, Essential Plan, as well as those enrolling in qualified health plans who receive tax credits, according to an Oct. 31 news release

Open enrollment: Not just about group health-plan selection anymore

Remember how open enrollment used to go? Your agent would come to your business location, review the goals of your company and how they related to the health-insurance plans you offered to employees. You would review benefit levels, deductibles, claims experience (for larger companies), how many plan choices to provide, and what funding levels you

NBT’s Wiles named to Risk Management Association board

NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) announced that Amy Wiles — its executive VP and chief credit officer and chief risk officer — was elected to the Risk Management Association’s (RMA) board of directors. The RMA is a not-for-profit, professional association that advances the use of sound risk-management principles in the financial-services industry, NBT

MVCC Trustee Mathis named to lead national organization of community college trustees

UTICA — Mohawk Valley Community College (MVCC) Trustee David Mathis is one step away from leading the nation’s largest organization of community college trustees, the college recently announced. Mathis, of Utica, was recently named chair-elect of the Association of Community College Trustees (ACCT), which represents more than 6,500 trustees at over 1,200 community colleges across

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