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Insurance & Financial Services

AmeriCU Credit Union offering certified financial counselors

ROME, N.Y. — AmeriCU Credit Union recently announced the certification of 12 credit union financial counselors.  To earn certification, an individual must complete required examinations as provided by the Credit Union National Association’s Financial Counseling Certification Program (FiCEP), AmeriCU said in an online news release.  These counselors are available to provide AmeriCU members with personalized […]

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State issues guidance for insurers on health-insurance claims payments

ALBANY — New York State on March 15 issued guidance alerting insurers of new protections for patients and health-care providers that “limit” health-insurance claims denials and “inappropriate” payment reductions or delays related to “medically necessary” services.  The state says the actions are needed to speed up access to health-care services as the COVID-19 pandemic continues.

VIEWPOINT: Tips to help make the most of your health plan in 2021

Last year was a difficult one as the COVID-19 pandemic swept through our country, impacting families and communities nationwide. The health challenges of the pandemic also provided a crucial reminder about the importance of health care.  For many New York residents and Americans, new health-plan benefits for 2021 began in January. If this is your situation, now

Excellus’ annual financial report reveals pay, net-income data

ROCHESTER, N.Y. — The top three officers of Excellus BlueCross BlueShield, Central New York’s largest health insurer, all had seven-figure salaries in 2020.  CEO Christopher Booth was paid a salary of more than $3.2 million; Stephen Sloan, chief administrative officer and general counsel earned more than $1.4 million; and CFO Christopher Gorecki received more than

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