Health Insurance News
CVS Caremark has been awarded a 12-year contract to provide pharmacy benefits to the 9.7 million lives covered by Aetna.
The New Mexico Supreme Court ruled July 28 that state hearings into Blue Cross Blue Shield of New Mexico’s previously approved 21% rate hike request can continue.
A council, formed by Maryland’s Democratic governor, Martin O’Malley, to anticipate and prepare for federal health reform in Maryland, predicts the state may save between $622 million and $1.04 billion by 2020 from the federal law.
Capital BlueCross was selected to provide health insurance coverage through Pennsylvania’s adultBasic program in the central Pennsylvania and Lehigh Valley areas it serves.
Seven of Pennsylvania’s nine largest health insurers use health profiling tools for their small-groups, while the state’s two largest insurers, Highmark Inc. and Independence Blue Cross, do not.
The public option is not dead. In fact, Senate Majority Leader Harry Reid said it’s just a matter of time until its passage.
A North Jersey neurologist was charged in a state grand jury indictment with conspiring to participate in a pharmaceutical narcotics trafficking and Medicaid fraud scheme.
An insurance agent from Goldsboro, N.C., is accused of filing false applications for health insurance for 269 employees and nine companies that did not exist, resulting in commission payments totaling $67,451.76.
Members of the U.S. House of Representatives approved an extension of unemployment benefits to Nov. 30, retroactive to June 2.
Health Net of California, one of the largest health insurers in the state, says it will provide a $5,000 check to mid-sized employers if their employees’ Health Net identification cards are not in the mail within 10 days of their enrollment.

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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