Psychiatrist, Mental Health Clinic Settle False Claims Allegations
An Ellington psychiatrist and mental health clinic have agreed to pay over $800,000 to settle False Claims Act allegations.
Windsor Woman Sentenced for Health Care Fraud
A Windsor resident was sentenced in Bridgeport to five years of probation for defrauding the state’s Medicaid program.
Aetna Swings to a First-Quarter Profit
Aetna, which is being acquired by CVS Health Inc., is reporting that it swung to a first-quarter profit.
Former Home of UConn Health Sells for $1.6M
A commercial building in East Hartford has sold for $1.575 million.
House Leaders Backing $10 Surcharge on Homeowner Policies
Top Democratic leaders of the House of Representatives are throwing their support to a $10 surcharge on Connecticut homeowner policies to help residents with foundations crumbling because of an iron sulfide.
Paid Family Leave Insurance Bill Narrowly Advances to House
Legislation creating a paid family and medical leave insurance program in Connecticut has narrowly cleared a key vote.
SI Bank & Trust Hires New Manager
Savings Institute Bank & Trust recently welcomed Mary Conti as life insurance and annuity program manager.
Woman Found Guilty of Patient Abuse at Care Facility
A Connecticut woman has been found guilty of abusing disabled patients.
Ascension Moves to Sell St. Vincent’s Medical Center
Health care organization Ascension has signed a letter of intent to sell St. Vincent’s Medical Center to Hartford Healthcare.
Greenwich Health Care Finance Company Makes Acquisition
The Greenwich-based specialty finance company CNH Finance last week announced the expansion of its national commercial health care lending capabilities with the acquisition of Portland, Oregon-based Triumph Healthcare Finance, a division of TBK Bank, SSB, which is a subsidiary of Triumph Bancorp Inc.
Homeowners Ask Legislature for Assistance on Bad Foundations
Connecticut homeowners said they need additional financial assistance to help with crumbling home foundations that threaten to collapse their houses.
Comptroller Asks CVS to Explain Itself over Conflict of Interest Claims
Comptroller Kevin Lembo recently released a letter to CVS Health – the state’s pharmacy benefit manager (PBM) – that questions whether the company’s financial interests motivate decisions to include certain pharmaceuticals on its approved drug list over the interests of those patients covered by the state health plan.
Cigna to Spend About $52B for Express Scripts
The insurer Cigna will spend about $52 billion to acquire the nation’s biggest pharmacy benefit manager, Express Scripts, the latest in a string of proposed tie-ups as health care’s bill payers attempt to get a grip on rising costs.
Connecticut Bill Would Trigger Review if Drug Prices Spike
Connecticut is considering imposing a state review whenever prescription drug prices rise beyond a certain threshold.
Hartford HealthCare and Tufts Create Insurance Company
Hartford HealthCare and Tufts Health Plan announced yesterday the creation of a new health plan through the formation of a joint venture, CarePartners of Connecticut Inc. This is the first collaboration of its kind in Connecticut.
Ion Insurance Nearly Doubles in Size with Insurer Acquisition
Ion Insurance Corp. has acquired an independent Cheshire insurance agency in a transaction that will nearly double its size.
Ion Insurance Brings on New VP, COO
Ion Insurance Corp., a full-service independent insurance brokerage affiliated with Ion Bank, has hired Lisa SanAngelo as vice president and COO.
Illinois Man Charged with Stealing Identities, Defrauding State
A man from Richton Park, Illinois, was charged with six counts of wire fraud and one count of aggravated identity theft stemming from a scheme to defraud state unemployment insurance programs in Connecticut and several other states.
State Removing Inmate Health Care from UConn Health
Connecticut officials are transferring health care services for prison inmates from UConn Health to the Correction Department amid concerns over prisoner deaths and other problems.
Insurance Department Recovers Nearly $7M for Policyholders, Taxpayers in 2017
The Connecticut Insurance Department recovered nearly $7 million for policyholders and taxpayers in 2017 by helping individuals, families and employers with their claims and complaints.
