N.Y. agent admits his role in second large life insurance scheme

02-11-2011

Tagged Under : Insurance, Life Insurance

A former New York, N.Y., insurance producer pleaded guilty to defrauding three life insurance companies of about $33 million, one year after he was sent to prison for three years for a similar life insurance scheme.

In the latest case, Pape Michael Seck, 41, pleaded guilty in Hudson County, N.Y., superior court to second-degree insurance fraud and two counts of second-degree theft by deception, according to Attorney General Paula T. Dow.

Between Nov. 12, 2006, and June 4, 2008, Seck knowingly used fraudulent pedigree, financial and medical documentation to fraudulently acquire seven life insurance policy applications.

Under the name Mansour Seck, he applied for three $3 million ING/ReliaStar Life Insurance Co./Security Life of Denver Insurance Co.

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Research Roundup: Medicaid’s Long-Term Care Bill

23-10-2011

Tagged Under : Care, Care Bill

Every week, Kaiser Health News reporter Shefali S. Kulkarni compiles a selection of recently released health policy studies and briefs.

Archives of Internal Medicine: Primary Care Utilization And Colorectal Cancer Outcomes Among Medicare Beneficiaries — This study examined Medicare data on beneficiaries diagnosed with colorectal cancer between 1995 and 2005 who ranged from 67 to 85 years old. The authors found, “Medicare beneficiaries with (colon cancer) had better outcomes if they had more primary care utilization before diagnosis. Even within this universally insured population, 28% of Medicare beneficiaries with (colon cancer) had no or only 1 contact with (primary care physicians) in the 3 to 27 months before the diagnosis. T

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Owners can fix misclassification of workers as independent contractors

23-09-2011

Tagged Under : Independent Contractors, Workers

The Internal Revenue Service said it will allow businesses that improperly labeled their employees as independent contractors a chance to reclassify those workers.

The Wall Street Journal said the IRS will allow employers to pay for past payroll taxes, but no fines.

But federal officials said they look more closely at company classification efforts to root out those employees listed as independent contractors, according to the report.

Determining the appropriate classification involves a variety of factors, including how much control the employer exercises in the workers efforts.

Employers sometimes attempt to misclassify employees as independent contractors to save on payroll taxes.

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How Can I Help My Family Even After I’m Gone?

21-09-2011

Tagged Under : Family, Family I’m

Mortality is certainly not the most pleasant thing to think about, but it is important for consumers to consider this question: how would your family survive if you died? It is essential to have a plan in place in the unexpected event of your death so that you can be assured of their financial well-being.

Life insurance is a crucial part of any such plan. Purchasing a life insurance policy is the single most affordable way to make sure your family is taken care of after you are gone.

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Perry Takes On Romney’s Massachusetts Health Reforms

25-08-2011

Tagged Under : Health, Massachusetts Health

GOP presidential hopeful Rick Perry criticized the Massachusetts health overhaul that became law while fellow candidate Mitt Romney was governor. Meanwhile, news outlets are fact-checking statements about related reform initiatives — such as Texas’ tort reform law, and members of Congress appear to be taking a less-is-more approach to August town hall meetings.

The Boston Globe: Perry’s Critique Of Romney Health Law Has Practical Focus Governor Rick Perry of Texas tepidly criticized Mitt Romney’s Massachusetts health care plan yesterday, but the two GOP rivals remain in general agreement over the Bay State’s right to develop its signature health care law. “Massachu

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RV Travel Guide to Star Gazing

25-08-2011

Tagged Under : Guide, Rv Travel, Rv Travel Guide, Travel Guide

As the world gets better connected through technology, we keep filling the night sky with light. This RV travel guide will point you to the best “Dark Sky” areas in America so you can witness the beauty of the universe from the top of your RV.

The Hawaiian island of Mauna Kea hosts the world’s largest celestial observatory for good reason. Surrounded by ocean and cut off from major cities, Hawaii offers one of the best dark sky areas the world has to offer. If yo

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