Humana’s Medicare HMO to increase some premiums 20%
Although Humana Inc. will remain the Chicago area's only Medicare HMO next year, seniors who enroll in the plan will find they are paying at least 20 percent more in...
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Abbott’s Ross Products chief quits
The head of Abbott Laboratories' nutritional products business has resigned to "pursue other career goals," the North Chicago-based company said Tuesday. Joy Amundson, a 19-year Abbott veteran who has been...
Prosecutors in Boston extend healthy lead in fraud settlements
The team of fraud-busters here led by Assistant U.S. Atty. Michael Loucks has padded its lead among federal prosecutors when it comes to winning settlements from the health-care industry. Federal...
Cancer drug probe nets $875 million settlement
In the largest health-care fraud settlement in U.S. history, drugmaker TAP Pharmaceutical Products Inc. of Lake Forest Wednesday agreed to pay $875 million and plead guilty to a criminal charge...
Abbott counting down to diagnostics plant inspection date
Abbott Laboratories says the countdown is down to days before federal regulators perform much-anticipated inspections of the company's Lake County diagnostics plant. The North Chicago-based medical products giant last week...
Medicare drug payment reform may not sting oncologists
Reforming the Medicare payment system shouldn't fall too hard on cancer doctors, who prescribe the bulk of the drugs now covered by the federal health insurance program for the elderly,...
Layoffs go beyond numbers
Large-scale layoffs in the wake of last week's terrorist attack could damage an already fragile economy, putting another dent in consumer confidence and curtailing retail spending, experts say. Just this...
Premium increases don’t give HMOs relief
Despite the biggest premium increases in nearly a decade, health maintenance organizations are struggling to make money in Illinois. A new report indicates nine of 19 HMOs in Illinois lost...
Security takes on a new intensity
When workers returned to the Sears Tower on Wednesday, they walked past a bulked-up security force without showing so much as a business card. "It was quite scary," said Pat...
Security takes on a new intensity
When workers returned to the Sears Tower on Wednesday, they walked past a bulked-up security force without showing so much as a business card. "It was quite scary," said Pat...