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Limits on supplemental Medicare plans eyed

Limits on supplemental Medicare plans eyed WASHINGTON (Reuters) – Medicare supplemental health plans, popular among politically powerful retirees, could come under the budget knife being wielded by the special deficit-reduction panel of Congress, according to sources keeping close watch on its work. The so-called “Medigap” insurance plans shield the elderly…

Moody’s stays negative on states, local governments

(Reuters) – Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody’s Investors Service said on Monday. The two sectors of the $3.7 trillion U.S. municipal bond market…