Latest Medicare Update November 23, 2008 at 07:55 AM

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Blue Cross reports lower profits (The News & Observer) Blue


Blue Cross reports lower profits (The News & Observer)
Blue Cross and Blue Shield of North Carolinas net income fell 7.6 percent to $29.4 million in the three months ended March 31, its lowest first-quarter profit since 2002.

Blue Cross Reaches Deal In Lawsuit Over Policy Cancellations (Medical News Today)
Blue Cross of California on Friday agreed to stop canceling individual health coverage unless it can prove that policyholders "intentionally misrepresented" their medical histories on applications for coverage, USA Today reports (Appleby, USA Today, 5/14). [click link for full article]

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