CNBC |
July 3rd, 2008 |
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California regulators admitted Thursday that for more than a year they didn't even try to enforce a million-dollar fine against health insurer Anthem Blue Cross because they feared they would be outgunned in court. Read More Permalink[...]
The site is at the northeast and northwest quadrants of U.S. Highway 75 and F.M. 691, TPJ Properties and Brody Associates Inc. said in a joint announcement. A 150,000-square-foot building occupied by health insurer Cigna has already opened in the northeast quadrant.[...]
In a move linked with the proposed merger of Independence Blue Cross and Highmark Inc., the Pennsylvania Senate voted today to confirm Joel Scott Ario as the state's insurance commissioner.[...]
Shares of UnitedHealth Group dropped to nearly a five-year low Thursday, a day after the company announced plans to cut 5 percent of its work force and a lower profit growth forecast for 2008.The Minnetonka, Minn.-based company's shares lost $2.16 or 8.6 percent, closing at $22.96, with a previous low [...]
Vinod Dham has lived the quintessential Silicon Valley rags to riches immigrant story. Born in Pune, India, he came to the U.S. in 1975 as an engineering student with just $8 in his pocket. He became a chip engineer and helped invent Intel’s first flash memory chip. He went on [...]
Prescription drug company GlaxoSmithKline says it will appeal a nearly $81 million verdict in a lawsuit that accused it of overcharging Alabama's Medicaid program. A jury in Montgomery on Tuesday found the company liable. It also found Novartis[...]
UnitedHealth Group has agreed to settle a federal securities class-action lawsuit brought by a group of major shareholders for $895 million. The move, coming at a time of financial challenges for the health plan industry as a whole, should have a big impact on UnitedHealth's operations. The company will cut [...]
Connecticut officials on Monday launched a new health insurance program, called the Charter Oak Health Plan, that is expected to expand coverage to 19,200 uninsured adults in its first year, the Hartford Courant reports.[...]
Techdirt |
July 3rd, 2008 |
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The classic concept of how to force someone to think for themselves rather than mindlessly obey authority is to have two equally powerful authority figures demand that the individual do the completely opposite actions (an example: having two top generals on either side of a low ranking soldier, one demanding [...]
CNBC |
July 3rd, 2008 |
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Aetna shares dropped 5 percent and Health Net tumbled 10 percent after a Goldman Sachs analyst slapped "sell" ratings on the two health insurers' stocks Thursday. Read More Topics:Economy (U.S.) | Stock MarketSectors:Insurance | Health CareCompanies:Humana Inc | Cigna Corp | Unitedhealth Group Inc | Nasdaq Stock Market, Inc. | [...]
CNBC |
July 3rd, 2008 |
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Health insurer Amerigroup Corp. said Thursday it renewed its contract with the state of Tennessee through June 30, 2009. Read More Permalink[...]
Michigan's attorney general has filed a lawsuit against Blue Cross and Blue Shield of Michigan over allegations tied to its acquisition of a for-profit worker's compensation firm. In the suit, Read more[...]
American Airlines parent AMR Corp. will record costs of almost $1.3 billion in the second quarter to reduce the value of aircraft it will park and to pay severance to employees who lose their jobs as it cuts back on flights. ALSO: Anheuser plans to boost market share; UnitedHealth restructures [...]
The California Public Employees Retirement System, the nation's largest pension fund, announced that it and other pension funds have reached an $895 million settlement of a class-action lawsuit against UnitedHealth Group Inc. over stock option backdating.[...]
MINNEAPOLIS - UnitedHealth Group Inc. cleared its decks of bad news yesterday, announcing a lower profit outlook, a restructuring that will trim 4,000 jobs, and a $900 million payout to settle a class-action lawsuit over options backdating.[...]
By Matthew Holt In an attempt to put that messy options back-dating business behind it, yesterday United HealthGroup settled with CalPERS (the ever vigilant pension fund of California state employees) and other class action suit members. And settled for a[...]
PA-Philadelphia, Seeking qualified administrative professionals to facilitate the work flow of a Center City Insurance firm. This organization is a well established firm specializing in group health insurance, defined[...]
CA-Sacramento, This position supports Kaiser Permanente's code of conduct and compliance by adhering to all laws and regulations, accreditation and Licensure requirements, and internal policies and procedures. Kaise[...]
MO-St. Louis, WANTED!! Experienced online Medicaid Biller for four SNF's in Missouri, Tenessee and Kentucky. MDI software knowledge a plus. Must be a team player, self starter and detail oriented. Corporate office i[...]
TX-San Antonio, HEALTH INSURANCE SPECIALIST Benefit Recovery is currently searching for an outgoing, self-starting mult-tasker for health insurance collection and patient marketing. The position is at Randolph AFB, S[...]
