Category: Front Page (ZP)

Horizon talks costs

Study commissioned by Horizon says changes in out-of-network rules would cut N.J. residents’ insurance costs As Trenton tackles the issue of high medical bills that can result when patients get care outside their insurance company network, the state’s largest health insurer on Wednesday released a study that concludes New Jerseyans could see lower monthly premiums […]

GBI hits the street

The Federal Reserve’s recent dovish statements along with quantitative easing programs in Europe and Japan offer a strong case for gold, said Robert Alderman, Head of Wealth Management for GBI. Alderman added that gold mining stocks has fared well this year and lower supply will also help boost gold prices. He said the geopolitical premium […]

Tortoise in Bloomberg

U.S. Oil Supply Growth at Record Pace Seen Pressuring Prices (Bloomberg) — An unprecedented glut of crude in the U.S. expanded last week, signaling further weakness for oil prices already near a six-year low. Stockpiles at Cushing, Oklahoma, the delivery point for West Texas Intermediate futures traded in New York, rose 2.87 million barrels in […]

PreciseType in NJBiz

Warren firm’s new blood-typing test relies on genetic analysis for more specific results By Beth Fitzgerald A new test that uses genetic analysis to more accurately determine a person’s blood type has been developed by a New Jersey biotechnology company that is now ramping up commercial production and marketing of its novel PreciseType test to […]

Beazley in NPR-All Things Considered

Anthem Hack Renews Calls For Laws To Better Prevent Breaches The call for more systemic changes to prevent mega-hacks is getting louder after hackers hit Anthem, the nation’s second-largest health insurer. The company says cyberthieves gained access to the addresses, employment information and Social Security numbers of 80 million customers and employees. Read more here.

Horizon in NJ Biz

Jersey City hospital on verge of exiting Horizon BCBSNJ network New Jersey’s largest health insurer, Horizon Blue Cross Blue Shield of New Jersey, announced Tuesday that Christ Hospital in Jersey City, owned by the for-profit CarePoint Health, has terminated its relationship with Horizon and will exit the insurer’s network June 1. Read more here.

DMS in Reuters

Fund governance firm DMS Offshore Investment Services appointed former Goldman Sachs Group Inc executive Westley Chapman as a director. Chapman, will be based in New York, will serve on the boards of investment funds, providing oversight on governance and compliance matters.   Read more here.