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The federal government is stepping up its response to alleged government benefits fraud in Minnesota.During a visit to the Twin Cities this month, Treasury Secretary Scott Bessent outlined a broad enforcement effort that includes new investigations, expanded audits, and the use of a little-used enforcement order that requires banks to…
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Team Name: Musgrave Dunn & AssociatesFirm: Merrill Wealth ManagementSenior Members: Travis Musgrave, Timothy Dunn, Valerie MarshallLocation: Lexington, KYTeam Custodied Assets: $1.4 billionBackground: Travis Musgrave attended the University of Kentucky as a pre-med student before ditching medicine for money. After graduating in 1991 with a degree in accounting and finance Musgrave landed a role as a financial advisor. At first Musgrave focused on cold-calling prospects but ultimately moved toward financial planning, initially focusing on physicians and other professionals in the Lexington community. The team began as Musgrave and “half of an assistant,” but he steadily added people he believed could stay…
Marketplace health insurance ratings methodologyNerdWallet evaluates marketplace health insurance plans based on marketplace data about plans’ premiums, out-of-pocket costs and benefits, prescription drug coverage, dental coverage, government quality rating data, complaint data, records about how plans approve and deny claims and more.We evaluate individual plans and then aggregate scores to the company level. When a plan is missing data for a certain metric, we exclude it from calculations. For example, the federal government calculates official star ratings for marketplace health insurance plans, but many plans are unrated, and others have incomplete ratings. NerdWallet’s analysis incorporates government quality ratings when they’re…
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