Premiums and Benefits news and information

PITTSBURGH—The University of Pittsburgh Medical Center announced that LifeSolutions, its not-for-profit organization that specializes in employee assistance programs, has acquired Erie, Pa.-based Northwest Beacon EAP. Though financial details of the agreement are not being released,...
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A list of the nation's 25 largest professional liability carriers, ranked by direct premiums written for medical professional liability in the U.S. in 2011. Source: A.M. Best Co. Published Feb. 4, 2013, p. 34.
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At least seven of the 35 new drugs approved by the Food and Drug Administration last year cost $9,000 or more per month as manufacturers turn to developing high-priced specialty drugs to shore up bottom lines eroding from the expiration of patents on best-selling drugs that treat common conditions.
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A San Francisco restaurant will spend about $320,000 to settle a complaint from city officials that it did not comply with San Francisco's 2006 law that requires employers to spend a minimum amount of money on employees' healthcare coverage.
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Despite demand for services rising to its highest level in three years, University of Illinois health system's operating loss widened to about $146 million in fiscal 2012, as expenses for everything from retirement benefits to supplies climbed.
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HealthEdge, a healthcare analytics and software specialist, is eyeing a growing need among payers for real-time market information and support for new healthcare business models in a deal to acquire Click4Care.
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Large corporations are asking employees to shoulder greater responsibility for their healthcare costs and overall wellness, according to companies surveyed as part of Modern Healthcare's annual look at health benefits programs.
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CVS Caremark Corp.'s pharmacy-benefit business is taking aim at 17 more drugs in its latest push to steer members away from what it says are expensive drugs with available alternatives.
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A handful of states with Democratic governors haven't met HHS' suggested target for submitting their essential health benefit benchmark plans either.
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The health insurance coverage offered to workers at Black River Memorial Hospital gives the 21-bed facility in Wisconsin an advantage when it comes to recruiting.
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