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Reminder
As
stated in the
January 2007 edition of the Voice
of HCC Life, stop loss
coverage from HCC Life is provided on a
reimbursement basis. Simultaneous
reimbursement requirements are available
on the HCC Life
Initial and
Supplemental Reimbursement forms.
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www.hcclife.com
HCC Life Insurance Company Corporate Headquarters 225 TownPark Drive Suite 145 Kennesaw, GA 30144
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Welcome - a
message from Jay Ritchie, SVP
As we begin the New Year, I want to take this
opportunity to thank you for your business and loyalty throughout the last year.
2007 was a year of many accomplishments for HCC Life Insurance Company as we
worked to ensure a smooth integration of products, services and personnel from
our fourth quarter acquisition in 2006. It is because of the commitment from
our clients that the end result was a successful unity that reaffirms our
position as the industry's premium stop loss provider. Read more.
HCC acquires MultiNational
Underwriters
On January 3, 2008, HCC Insurance Holdings, Inc., announced the acquisition of
Indianapolis, Indiana-based MultiNational Underwriters, LLC (MNU). Read more.
Suits settled on pricing for medical devices
A legal battle between a Plymouth Meeting research
firm and medical-device-maker over whether hospitals can be required to keep
price information confidential has ended in a truce. Read more.
Used with permission of THE PHILADELPHIA
INQUIRER. Copyright
© 2007. All rights reserved.
Fitch upgrades its ratings for
HCC Life
Fitch Ratings, a leading global rating agency dedicated to providing independent
and prospective credit opinions upgraded its financial ratings for HCC Life
Insurance Company and its parent company HCC Insurance Holdings, Inc., last
October. Read
more.
As medical costs soar, the
insured face huge tab One
day in late July, Jim Dawson happily returned home. He had spent the
previous five months in the hospital battling an infection that nearly killed
him. The phone rang shortly after Mr. Dawson and his wife, Loretta, entered
their house. It was the hospital.
California Pacific Medical Center was calling to remind the Dawsons that they
owed $1.2 million. Read
more.
Used with permission of the WALL STREET JOURNAL. Copyright © 2007. All rights reserved.
MedBen partners with AWAC to manage
medical risk
Managing the 2-5% of a plan's members that
account for as much as 80-90% of its costs remains a major challenge for most
TPAs. But HCC Life's valued client MedBen, a benefits administrator in Newark, Ohio, that
manages more than 150 plans, is taking an aggressive approach. Read
more.
HCC Life's recurring series entitled "Regional Report" includes news
and events pertaining to your HCC Life medical stop loss region.
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