Congress Puts Insurance Sales to Military Under Scrutiny
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Members of Congress are broadening efforts to address problems in the sale of life insurance and mutual funds to young soldiers and other service members.
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Problems over treatment of wounded soldiers that created a scandal at the top U.S. military veterans' hospital are prevalent throughout the Army's health care system, lawmakers said on Monday.
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The Pentagon has steadily tightened its grip over U.S. aid and foreign policy in recent years. Now, the Senate Armed Services Committee is trying to pry it loose.
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A key House lawmaker said yesterday that Congress needs to consider making companies that manage 401(k) plans give clearer, more complete information on fees, which can drain thousands of dollars from a worker's retirement savings.
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WASHINGTON - Congress is looking into whether the Food and Drug Administration shirked its duty by ignoring safety concerns about Vioxx raised by its own reviewers and outside scientists.
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Weeks after passing legislation to tighten inspections of cargo on passenger planes, top Democrats in Congress say they are growing concerned about a proposal that would allow shipping companies to play a large role in the screening process.
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Congress probably will take its time in considering President Bush's plan for expanding health insurance coverage. Lawmakers, however, are moving more quickly to renew a program that now provides coverage to 6 million people, mostly children.
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Federal officials are trying to cut down on aggressive or deceptive sales pitches for Medicare Advantage plans.
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Preliminary investigations in New York, Connecticut and California suggest that insurance companies frequently pay insurance brokers and agents undisclosed compensation -- including cash, loans, stock and exotic trips -- for steering health, automobile and other retail insurance business to them, state officials told Congress yesterday.
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Members of Congress were alarmed to learn Saturday that they had passed a provision allowing certain congressmen and their staffs to inspect any American&#39;s income tax returns.
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The Senate on Friday passed a defense policy bill that would offer more help to troops returning from combat and set conditions on contractors and pricey weapons programs.
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Congress has taken final action to approve a bill that would tighten life insurance marketing rules to American military personnel.
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Checklist for those who may be deployed CHECK YOUR INSURANCE: If you need to buy more life insurance than the government program offers, you need an insurer that provides war coverage. But insurers that provide such coverage may not write a policy if you already have orders.
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The highly classified program has provoked opposition from lawmakers questioning its necessity and rapidly escalating price.
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The poor conditions of the Army medical center will be the subject of hearings in Congress this week.
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The Bush administration will ask Congress to increase the monthly premiums that wealthier Medicare beneficiaries pay for prescription drug coverage, officials said Friday.
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A Congressional committee began looking into business practices in the long-term care insurance industry.