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Feb. 8, 2011

Today’s issue is brought to you by AIS's Health Plan Week, the industry's leading source of objective business, financial and regulatory news of the health insurance industry.

 
Today's Featured Story

As Economy Rebounds, Some Health Insurers Are Cautiously Adding Staff
Reprinted from Health Plan Week

Two years ago, several health insurers trimmed their staffs in response to a flailing economy and the enrollment declines that came with soaring unemployment. While the economy is still on the mend, some health insurers tell AIS that they are beginning to add staff, or are at least considering it .... Read Full Story

 

Quote of the Day

“It’s gotten to the point that if we’re going to be able to take care of the patient five, 10 years from now, we have to say ‘no’ to some of these low-ball contracts [e.g., the new negotiated, much lower reimbursement rates for pharmacies negotiated by public employees in Alabama]. When they all start paying you this kind of reimbursement, you end up sucking wind. You get to the point [where] you have to draw a line in the sand and say, ‘This is as far as we go.’”

— Buddy Bunch, owner of Bunch Pharmacy in Guntersville, Ala., and vice president of the Alabama Pharmacy Association, told AIS’s Drug Benefit News.

Click here to read the DRUG BENEFIT NEWS article in which this quote appeared. (Free for DBN subscribers; $17 for non-subscribers).

 

Today's Datapoint

4.6%…was the increase for 2011 in commercial insurance risk premiums, down significantly from 13.5% in 2010 and 9.1% in 2009, according to a recent survey of brokers conducted by Credit Suisse.

Click here to read the HEALTH PLAN WEEK article in which this datapoint appeared. (Free for HPW subscribers; $17 for non-subscribers).

 

Today from Washington

People on the Move

The Pharmaceutical Research and Manufacturers of America (PhRMA) named Josephine Martin executive vice president of public affairs, effective March 1. Martin was senior vice president of public affairs at Ketchum Inc....Houston Northwest Medical Center promoted Linda Mercier, R.N., to CEO. Mercier was chief operating officer.

 

Today's Featured Health Business Job Opening

Martin's Point Health Care
Manager, Enrollment
Portland, Maine



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