VIEWS: 8 PAGES: 2 CATEGORY: Medicine POSTED ON: 6/13/2010
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Introducing SilvaKollagen® Insurance lawsuit settled Missouri—Three insurance While 2% of Medicare beneficiaries live in the area, it “Smart Silver™” companies will pay $15 million accounted for 17% of Medi- to settle a class-action lawsuit care’s total spending on inhala- over the sale of long-term care tion drugs in 2007 because policies across the state. of potential fraud, the report American Heritage Life found. Medicare that year spent insurance Co. and Mutual of $143 million on drug claims omaha insurance will pay a to treat respiratory ailments in total $11 million, while Wakely Miami-dade County. That is and Associates will pay $4 mil- 20 times more than the amount lion in cash. The three have spent in the Chicago area, which denied wrongdoing. has twice as many beneficiaries. The settlement covers 1,669 Two-thirds of all Medicare people who bought policies. beneficiaries in south Florida Two Macon residents, who filed who have submitted claims for a lawsuit in 2002, claimed that inhalation drugs did not have an the companies sold policies with office visit with the prescribing low initial premiums but didn’t physicians in the previous three Silver and Collagen - disclose that they planned to years, the report found. add heavy increases later. Finally Together! under the settlement, policy- NortheaSt holders either can continue with Bill focuses on home care their policies or receive long-term MAine—A new bill would • Controlled release, antimicrobial benefits for the rest of their lives revamp the state’s long-term care silver collagen equal to the total amount of pre- system to allow more people to • Used as a primary dressing miums they already have paid. receive home-based care. • Absorbs 8 to 10 times its weight in fluid The state currently spends SoutheaSt 90% of its long-term care fund- • Supports wound healing at the cellular level Tort
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