Station Astronauts Examine Shuttle The shuttle commander guided the spaceship through a graceful back flip that allowed station astronauts to photograph the ship’s belly for damage.... Read Full Article Jealous Astronaut Tries To Kidnap Love Rival US space shuttle astronaut Lisa Nowak waited in hiding for woman she considered rival for another astronaut’s affections and tried to kidnap her, Orlando police say.... Read Full Article Ford Doubles Indian Production Ashling O’Connor in Bombay... Read Full Article Militants Widen Reach As Terror Seeps Out Of Iraq The Iraq war, which for years has drawn militants from around the world, is beginning to export fighters and tactics to neighboring countries and beyond.... Read Full Article F’amp;C Sounds Alarm Over 50% Payout Cut Tale of two fund managers F&C Asset Management told shareholders yesterday to brace themselves for a big cut in the dividend next year....... Read Full Article |
Health Insurer MergerPHILADELPHIA, March 28 (AP) — Pennsylvania’s two largest health insurers on Wednesday agreed to merge, a plan that had been in the works for years and gives the two nonprofits control over most of the state’s health insurance market. The boards of Independence Blue Cross of Philadelphia and Highmark Inc. of Pittsburgh separately approved a merger that would create the nation’s third-largest health insurer, behind the UnitedHealth Group and Wellpoint Inc. The insurers said the combined company would have the resources to hold down administrative fees for two years, saving customers $300 million; better manage drug costs to save consumers $280 million; and provide over $650 million to help the state’s uninsured get access to health insurance. Both insurers will make filings seeking state and federal regulatory approval in April. Tag CloudExternal InformationAdditional InformationNew Minder of Expenses for Citigroup...HSBC Takes $3.4 Billion Charge... Smithfield Foods Profit Down 61%... Utility strength provides FTSE’s foundation... Where Am I?News Main Page - Business - Health Insurer Merger |
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