article thumbnail

Merck settles with insurance companies over $1.4B claim tied to 2017 cyberattack: report

Fierce Pharma

Merck has reportedly settled with insurance companies that contested the pharma giant’s $1.4 Merck has settled with insurance companies that contested the pharma giant’s $1.4 billion claim after it was victimized by a crippling cyberattack in 2017.

Insurance 249
article thumbnail

Insurance companies putting profits ahead of patients

World of DTC Marketing

Five of America’s largest health insurers reported more than $11bn in profits in the second quarter – a decline from the same period last year when the Covid-19 pandemic helped drive sky-high profits yet they are having more of a say on patients’ treatments even when HCPs disagree. Then there is prior authorization.

Insurance 225
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Merck, insurers advance fight over cyberattack-related coverage to New Jersey Supreme Court

Fierce Pharma

scored a legal win in the insurance case tied to the 2017 "NotPetya" cyberattack, the case is in appeals—again. scored a legal win in the insurance case tied to the 2017 "NotPetya" cyberattack, the case is in appeals—again. About a month and a half after Merck & Co. That didn't take long.

Insurance 234
article thumbnail

PBMs and insurers want your prescription money

World of DTC Marketing

Health insurers have started effectively stealing co-pay coupons, leaving patients on the hook for far higher expenses. Huge Insurance companies continue shifting costs onto patients, with disastrous consequences for individuals’ health and society. The problem is that PBMs are out for themselves and shareholders, not patients.

Insurance 226
article thumbnail

JPMorgan Chase: Health Insurance Premiums Are Burdening Small Businesses

MedCity News

A new report from JPMorgan Chase showed that small businesses are struggling with the cost of health insurance. The post JPMorgan Chase: Health Insurance Premiums Are Burdening Small Businesses appeared first on MedCity News.

Insurance 103
article thumbnail

Merck entitled to $1.4B in cyberattack case after court rejects insurers' 'warlike action' claim

Fierce Pharma

in cyberattack case after court rejects insurers' 'warlike action' claim aliu Tue, 05/02/2023 - 10:07 Merck entitled to $1.4B

Insurance 322
article thumbnail

Co-Payment for Insurance: What Does It Mean for You?

Contrarian Sales Techniques

I’ve been hearing a lot about Bank Negara Malaysia (BNM) talking about a co-payment policy for insurance. It’s different from a deductible, which is a bigger amount you pay before your insurance starts covering costs. According to BNM, they’re trying to make insurance more affordable for everyone. What’s a Co-Payment Anyway?