New York state ordered health insurers to cover birth control and abortions even if President Donald Trump signs a repeal of Obamacare that would lift federal mandates on the industry. The state will require commercial insurers to provide broad coverage of contraceptive drugs and devices, and cover medically necessary abortions at no cost to the patient, according to a The order to cover birth control largely matches requirements imposed on insurers by the Affordable Care Act.
Category: Control Group
Tillerson to Cede Control of $240 Million in Exxon as Trump Pick
Rex Tillerson, former Exxon Mobil Corp. chief executive and President-elect Donald Trump’s pick for U.S. secretary of state, will relinquish control of about $240 million in company shares if confirmed as he severs ties to comply with conflict-of-interest requirements. If confirmed, Tillerson will sell the more than 600,000 shares he owns in the largest U.S. oil explorer and transfer the value of more than 2 million in deferred shares to an independently managed trust, Exxon said in a statement dated Jan. 3. The former CEO would have received the shares over the next 10 years.