Wellpoint Inc. Agrees to Pay About $198 Million to Settle Claims
Wellpoint Inc. Agrees to Pay to Settle Claims. For years, hundreds of thousands of doctors have claimed that many managed-care companies automatically cut their bills by using claims-reimbursement practices that simply paid what the insurers thought they should pay instead of what was actually charged. These claims have been part … [Read more...] about Wellpoint Inc. Agrees to Pay About $198 Million to Settle Claims
Insurers Reassess Vytorin Coverage
Vytorin Provided No Added Benefits. Insurers are said to be reconsidering coverage for Vytorin, after a study showed the cholesterol-lowering drug provided no added benefits over cheaper statins. Already, one large insurer has changed its approach to Vytorin coverage, and it is thought others will follow. Vytorin, which … [Read more...] about Insurers Reassess Vytorin Coverage
Bausch & Lomb Goes to Court to Force Insurers to Pay for Renu
Bausch & Lomb Goes to Court. Bausch & Lomb, maker of the recalled Renu with MoistureLoc contact lens solution, is trying to force several insurance companies to help it pay for more than 1,000 lawsuits filed against the company over the tainted product. That insurance battle is just one example of how the Renu … [Read more...] about Bausch & Lomb Goes to Court to Force Insurers to Pay for Renu
20 Insurers Sue Over Defective Defibrillators
Defective Guidant Defibrillators Injury Lawsuits. When countless Southwest Florida heart patients received a letter last year informing them that their Guidant defibrillators were defective, they rushed to their doctors hoping for a replacement. But, they’ve learned that changing the devices can be even more … [Read more...] about 20 Insurers Sue Over Defective Defibrillators
Aon Mum As Pressure Mounts
Aon Under More Pressure. Aon Corp. is under more intense pressure to stop taking so-called contingent commissions from insurers after a rival announced Thursday it no longer would accept such payments. London-based Willis Group Holdings Ltd., the third largest commercial insurance brokerage in the U.S. after No. 2 ‘Aon’ … [Read more...] about Aon Mum As Pressure Mounts
