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Express Scripts CEO says Medco acquisition will mean lower drug costs
Express Scripts says it has completed its $29.1 billion acquisition of Medco Health Solutions, which company officials say will reduce costs for members. “Our merger is exactly what the country needs...
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Florida firm pays $137M to settle false claims, ‘cherry picking’ case
A Tampa, Fla.-based managed care services provider will pay $137.5 million to the federal government and nine states to settle four lawsuits accusing the company of violating the federal False Claims...
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Wellpoint buys contact lens retailer to make itself more farsighted
A major managed care provider is buying the largest direct-to-consumer contact lens retailer as it seeks expand its role in its members lives and in health services. Angela F. Braly Indianapolis-based...
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Major health insurer to pay $90M to former Anthem workers
WellPoint agreed to pay $90 million to settle a class-action lawsuit against its Anthem unit after accusations that it unfairly compensated former members when Anthem shifted from a mutual to a stock...
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WellPoint buying Amerigroup to prepare for state health exchanges
WellPoint is acquiring Amerigroup Corp., a managed care company, as it jockeys for position in the wake of ongoing changes as a result of federal health reform. Angela F. Braly WellPoint will pay $92...
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Trial starts for man accused of murdering Mo. insurance agent
The trial of one of two men accused in the killing of an insurance agent after an alleged robbery at his office in St. Charles, Mo., has begun. Jury selection started today (July 30) in the case of...
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Man convicted of Missouri insurance agent killing
One of two men accused of killing an insurance agent in St. Charles, Mo., was convicted of first-degree murder by a jury after just three hours of deliberations. Paul Curtis White, 35, told police he...
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Second man convicted in Missouri insurance agent’s murder
A second man has been convicted of taking part in the murder of an insurance agent in his office in Missouri in 2007. Cleo S. Hines, 33, of St Louis pleaded guilty to robbery and second-degree murder...
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WellPoint’s CEO Braly abruptly resigns her position
Angela F. Braly, chairwoman and chief executive of WellPoint, the nation’s second-largest health insurer, resigned abruptly Aug. 28, giving into pressure from investors. Angela F. Braly Braly, 51, had...
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Abortions, Autism and Aetna – settlement reached in Missouri
Aetna Life Insurance Co. must forfeit $1.5 million and donate $250,000 for health plan violations in Missouri, according to a settlement reached Tuesday. The Missouri Department of Insurance took...
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