Health Insurance News
Ray Flachbart, CEO of Blue Cross of Idaho, to retire in 2013
Ray Flachbart, the head of Blue Cross of Idaho for the last 10 years, announced his retirement from the position, effective in March 2013.
A former executive for Blue Cross Blue Shield of Montana sued the company after claiming she was fired for reporting alleged illegal rebate activity potentially leading to discriminatory pricing of premiums.
Medical care should be taxed as a means of increasing the money put into the “chronically underfunded public health system” in the U.S., a new report recommends.
A Pennsylvania-based employee benefits administrator were sold a national insurance company as part of the latter company’s efforts to respond to health reform.
Health insurer Aetna rejected California Insurance Commissioner Dave Jones’ request not to increase premiums for its small-group PPO product.
Express Scripts says it has completed its $29.1 billion acquisition of Medco Health Solutions, which company officials say will reduce costs for members.
The number of people covered by Medicaid managed-care programs increased 8% in 2010, according to new research from a Kennebunk, Maine, firm.
Highmark officials intend to perform a “complete investigation” of spending in the wake of the firing of CEO Kenneth Melani, whose criminal charges in connection with a domestic dispute with his girlfriend’s husband may be dropped.
Savoy Associates, Bancorp Bank team up on HSA program
Savoy Associates, a full-service regional health insurance general agency, recently launched an Health Savings Account (HSA) banking initiative with The Bancorp Bank.
Virginia Attorney General Ken Cuccinelli says that U.S. Supreme Court arguments about the federal health reform law show him that two major provisions of the reform may be cut, thereby making a new law necessary.

Federal health exchange officials too busy to worry about Supreme Court
Federal health reform would add 100,000 jobs, $4.4 billion to Calif.
Lautenberg, Rubio want to cap TRICARE fees for military retirees

Combination life insurance product sales rise at ‘remarkable rate’
Pa. men charged in multi-state, ‘elaborate financial fraud scheme’
Small business worries about its role in retirement planning

Senate passes ‘Band-Aid’ bill to extend NFIP 60 days; House must act
Allstate seeking agency owners for Md., Va., D.C., Pa, Del., W.Va.
Wharton School establishes new risk and insurance program


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