Jul 8 2010
The Hill: In a recent letter, Senate Finance Committee leaders Max Baucus, D-Mont., and Chuck Grassley, R-Iowa, demanded that an insurer that was kicked out of the Medicare Part D drug program pay its outstanding claims. "The Fox Insurance Company was kicked out of the Part D drug program in March for violating a series of payment and appeals rules. But the company still received more than $33 million that month from Medicare — some of which the company is sitting on in lieu of paying out pharmacy claims, according to the Centers for Medicare and Medicaid Services (CMS)." The lawmakers said they want a response from the company by Friday explaining the unpaid claims (Lillis, 7/6).
This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.
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