Wednesday, June 29, 2011

Humana's McCallister Sees Industry Consolidation

June 21 (Bloomberg) -- Michael McCallister, chief executive officer of Humana Inc., talks with Bloomberg's Shannon Pettypiece about the outlook for consolidation among health insurers and the effects of the U.S. health-care overhaul.
Humana, the second-biggest seller of Medicare managed care plans and prescription drug plans, owns more than 300 clinics in 40 states after acquiring Concentra Inc. in December. (Source: Bloomberg, June 21, 2011)    Video here

U.S. Health-Care Law Is Upheld by Appeals Court as High Court Clash Looms

A federal appeals court upheld President Barack Obama’s health care overhaul, rejecting arguments that it violates the Constitution by requiring Americans either to buy insurance or pay a penalty.
The Cincinnati-based court today by a 2-1 vote turned aside a challenge to the legislation by the Ann Arbor, Michigan-based Thomas More Law Center, a Christian-based public interest law firm, which contended Congress exceeded its constitutional power in imposing the individual mandate. (Source: Bloomberg, June 22, 2011)

Bills Introduced  
HR 2363 (Price, R-GA), to establish performance-based quality measures, to establish limitations on recovery in health care lawsuits based on compliance with best practice guidelines, and to provide grants to states for administrative health care tribunals; to Energy and Commerce. CR 6/24/11, H4573.

HR 2376 (DeGette, D-CO), to amend the Public Health Service Act to provide for human stem cell research, including human embryonic stem cell research, and for other purposes; to Energy and Commerce. CR 6/24/11, H4574.

On 6/24/11, the Employee Benefits Security Administration announced amendments to interim final regulations, effective 7/22/11, implementing the requirements regarding internal claims and appeals and external review processes for group health plans and health insurance coverage in the group and individual markets under provisions of the Affordable Care Act. Comments are due 7/25/11. FR37208.

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