Health Insurance News
Walgreen, Par sued for alleged RICO violations, drug overcharges
A health and pension fund sued Walgreen Co. and Par Pharmaceutical Co. for allegedly overcharging for generic prescriptions, which in turn allegedly cost third-party payers two to four times more for the medications.
A report expected from the Federal Insurance Office later this month, addressing how to modernize and improve insurance regulation, could significantly affect the insurance industry, according to an industry regulatory expert.
N.Y. gets 8 health insurers to more promptly update online directories
Eight health insurance companies agreed to improve the accuracy of the provider directories they post on their websites, according to deals struck with New York’s attorney general.
Rep. Jan Schakowsky told health care advocates that the November presidential election is all about health reform and how far it can be taken.
Similar bills filed in the Pennsylvania House and Senate would give the state more power to negotiate contracts between insurers and health care providers, including Highmark and the University of Pittsburgh Medical Center (UPMC).
Aetna ‘refreshes’ brand with new logo in its health solutions evolution
Aetna, the national health insurer, has a new look and logo, which it says “continues its evolution from an insurance carrier to a health solutions company.”
Attorneys general urge Supreme Court to rule individual mandate legal
Attorneys general from 11 states and Washington, D.C., have filed court papers in the federal health reform law case, arguing that the individual mandate forcing all Americans to buy health insurance, starting in 2014, is constitutional.
Highmark introduced a new individual insurance plan, effective Feb. 1, that it says offers simple health insurance coverage with a low premium, low deductible and predictable copayment structure.
Ongoing battle over health reform biggest insurance story of 2011
The biggest story of last year is no surprise: the ongoing battle over federal health reform, according to the latest IFAwebnews.com poll.
About 30 health insurance agents and brokers in Florida sent letters to the state insurance commissioner’s office, urging him to work harder to free their commissions from the administrative portion of the new medical loss ratios included in health reform.

Obama to force insurers to give out birth control when employers won’t
Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies

Brokerage firm pays $3.3M for bad-mouthing insurance broker
Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment

Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage


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