Health care overhaul tax reshapes employer plans next year
Health coverage costs rise as a pending excise tax on high value plans accelerates changes. Employers cut benefits, raise deductibles and co payments while boosting wellness incentives to curb costs before the 2018 thresholds. The effect is already visible in 2015 employer sponsored coverage as firms push healthier behaviors and price shifts.
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Altisource Abandons Controversial Foreclosure Fees
Altisource Portfolio Solutions S A of Luxembourg said it will stop collecting disputed insurance fees from homeowners facing foreclosure under pressure from regulators and after a critical AP expose. The shift followed a July AP report on mortgage loan overseers profiting during distress, and a August inquiry pledge by New York regulator Benjamin Lansky into Altisource Ocwen arrangements.
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