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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 216
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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. Let’s take a step back for a minute.

Insurance 226
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The importance in health insurance in retaining employees

World of DTC Marketing

Right now, annual raises are being neutralized by increasing healthcare insurance premiums. If pharma wants to retain people, they may have to develop a solution to lower healthcare insurance premiums. The average per-employee cost of employer-sponsored health insurance jumped 6.3 Employers in the U.S. percent and 5.2

Insurance 201
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Pharma and insurers raking in the cash

World of DTC Marketing

HEY NOW : Most companies struggled in the second quarter as the coronavirus pandemic froze the economy, but health insurers like UnitedHealth heavily benefited as people held off on going to the doctor or hospital, resulting in fewer medical claims that needed to be paid. In addition, pharma profit margins remain very high.

Insurance 119
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Eisai backs Leqembi’s Japan rollout with insurance policy

pharmaphorum

A partnership between Eisai and Lifenet that aims to improve insurance cover for people with early dementia has generated its first policy, part of an effort by the pharma group to develop an ‘ecosystem’ to support patients.

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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 214
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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 310