In This Issue:

Welcome - from Jay Ritchie

MultiNational Underwriters

Medical Device Pricing

HCC Life Ratings by Fitch

Medical Costs

Managing Medical Risks

Regional Report

 

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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HCC Life Insurance Company
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Kennesaw, GA 30144


 

Welcomea 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 providerRead 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. Read More.

 
       

Copyright © 2008 HCC Life Insurance Company.  All rights reserved.