Biden administration cracks down on so-called junk insurance [Yahoo! Finance]
Live Nation Entertainment, Inc. (LYV)
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Source: Yahoo! Finance
insurance plans and surprise medical bills, the latest steps in its effort to lower consumer costs across a broad range of industries. The rule, first introduced last July, places tighter restrictions on short-term insurance products that are supposed to serve as a lifeline for more than 1 million Americans who rely on stop-gap insurance, such as when switching jobs. The Biden administration says companies exploited changes made under former President Donald Trump that allowed watered-down insurance plans to be offered for a much longer period, up to three years, often resulting in surprise medical bills, Short-term insurance plans misled consumers into thinking they were buying comprehensive health insurance, but included things like low caps on benefits and no coverage for pre-existing conditions, said Neera Tanden, who serves as the domestic policy adviser to President Joe Biden. "That's not really insurance. That's a scam and the president really believes that the American
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LYV
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- Law Offices of Howard G. Smith Announces Investigation of Live Nation Entertainment, Inc. (LYV) on Behalf of InvestorsBusiness Wire
LYV
Earnings
- 11/2/23 - Beat
LYV
Sec Filings
- 4/11/24 - Form 4
- 4/9/24 - Form PRE
- 4/2/24 - Form 4
- LYV's page on the SEC website