NEW YORK, March 4, 2020 /PRNewswire/ — Corporate Insight, the leading provider of competitive intelligence and user experience research, today announced the release of its new Medicare Monitor. This service benchmarks all aspects of the digital user experience for Medicare plan prospects and members, from account opening and onboarding to the secure customer web and mobile platforms offered by the nation’s leading healthcare insurers. [Read more…]
Cigna Announces Commencement of Tender Offers
BLOOMFIELD, Conn., March 4, 2020 /PRNewswire/ — Cigna Corporation (NYSE: CI) announced today that it has commenced tender offers to purchase for cash (1) up to $500,000,000 (the “2022 Notes Aggregate Maximum Principal Amount”) of Cigna Holding Company’s 4.000% Senior Notes due 2022, Cigna Corporation’s 4.000% Senior Notes due 2022, Express Scripts Holding Company’s 3.900% Senior Notes due 2022 and Cigna Corporation’s 3.900% Senior Notes due 2022 (collectively, the “2022 Existing Notes,” and such tender offer, the “2022 Notes Tender Offer”) and (2) up to $950,000,000 (the “2023 Notes Aggregate Maximum Principal Amount”) of Cigna Holding Company’s 7.650% Senior Notes due 2023, Cigna Corporation’s 7.650% Senior Notes due 2023 and 3.750% Senior Notes due 2023, Express Scripts Holding Company’s 3.000% Senior Notes due 2023 and Cigna Corporation’s 3.000% Senior Notes due 2023 (collectively, the “2023 Existing Notes,” and such tender offer, the “2023 Notes Tender Offer”), in each case, validly tendered and accepted by Cigna, upon the terms (including the Aggregate Maximum Principal Amount Allocation (as defined below)) and subject to the conditions set forth in the Offer to Purchase dated March 4, 2020 and the related Letter of Transmittal (collectively, the “Offer to Purchase”). The 2022 Existing Notes and the 2023 Existing Notes are referred to collectively as the “Securities” and the 2022 Notes Tender Offer and the 2023 Notes Tender Offer are referred to collectively as the “Tender Offers.” [Read more…]
MedCrypt Joined by Former FDA Leader Seth Carmody as Vice President of Regulatory Strategy
SAN DIEGO, March 4, 2020 /PRNewswire/ — MedCrypt Inc., the proactive healthcare security provider, today announced Seth Carmody as the new vice president of regulatory strategy. Prior to MedCrypt, Carmody worked as the cybersecurity program manager in the Office of the Center Director, Emergency Preparedness/Operations & Medical Countermeasures, within the U.S. Food and Drug Administration (FDA)’s Center for Devices and Radiological Health (CDRH). Carmody brings over eight years of experience in guiding medical device cybersecurity regulatory strategy as well as managing regulatory response to cybersecurity matters. [Read more…]
Cigna and the Cigna Foundation Help Those Affected by Nashville Tornado
NASHVILLE, Tenn., March 4, 2020 /PRNewswire/ — Global health service company Cigna (NYSE: CI) is taking steps to help people who were impacted by Tuesday’s tornado in Nashville. Cigna is easing some health benefits plan and prescription requirements, and expanding access to a toll-free help line for people living in Benton, Davidson, Knox, Putnam, Shelby and Wilson counties. [Read more…]
New Mexico Becomes Third State to Cap Monthly Insulin Co-Pays
ARLINGTON, Va., March 4, 2020 /PRNewswire/ — Today, Governor Michelle Lujan Grisham of New Mexico signed legislation capping monthly copayments for insulin at $25, making New Mexico the third state to enact a co-pay cap—with the lowest dollar amount for a co-pay cap introduced at the state level to date. Insulin affordability is a critical issue facing millions of Americans, with the price of insulin nearly tripling between 2002 and 2013. The American Diabetes Association (ADA) applauds Governor Michelle Lujan Grisham and bill sponsors Senator Daniel A. Ivey-Soto and Representative Micaela Lara Cadena for their leadership on this urgently needed legislation to provide relief from the burden of high insulin costs for people living with diabetes in New Mexico. [Read more…]
Matthew LeBlanc Named Eastern Region Healthcare Practice Leader
BOSTON and SAN FRANCISCO, March 5, 2020 /PRNewswire/ — Edgewood Healthcare Advisors, a division of EPIC, announced today that Matthew LeBlanc has been named Healthcare Practice Leader for the Eastern Region reporting to Susan Tewhill, National Healthcare Practice Leader for Edgewood Healthcare Advisors. [Read more…]
Hub International Acquires LSM Insurance Services
CHICAGO, March 5, 2020 /PRNewswire/ — Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired LSM Insurance Services Ltd. (LSM). Terms of the transaction were not disclosed.
Headquartered in Markham, Ontario, Canada, LSM is a leading online provider of life and health insurance solutions. The LSM team has a combined 100 years of experience in the life insurance industry. LSM specializes in the hard-to-insure market and helps find affordable life insurance solutions for clients with health issues. Lorne Marr, Owner and Director of LSM, will join Hub Financial Inc., a subsidiary of Hub.
“This is an exciting opportunity for us,” said Mr. Marr. “We look forward to helping Hub Financial build the most robust lead generation program in the industry.”
Hub combines extensive sales training and coaching with industry-leading back office support and exceptional technology to provide financial advisors and insurance brokers, with access to development tools and education while maintaining their independence and self-governance. With offices in 15 cities across Canada, Hub Financial Inc. is one of Canada’s largest distributors of life insurance and investment solutions to advisors with the convenience of local support and the security of national scope and size.
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 12,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.
SOURCE Hub International Limited
Harvard Pilgrim Health Care Foundation Healthy Food, Healthy Community Award
HARTFORD, Conn., March 5, 2020 /PRNewswire/ — The Harvard Pilgrim Health Care Foundation recently announced that nominations are open for its Healthy Food, Healthy Community Award, which will recognize one non-profit organization in Connecticut that is making an impact by connecting healthy food to families. The non-profit will be awarded $5,000 by the Foundation. [Read more…]
Ulya Khan Joins Peerfit Board
TAMPA, Fla., March 5, 2020 /PRNewswire/ — Peerfit, the digital health company that works with employers and insurance carriers to fully fund fitness experiences for their employees and members, announced today that Ulya Khan, a former Tivity Health Chief Operating and Product Officer and industry veteran, has joined its board of directors. [Read more…]
eHealth, Inc. to Present at Upcoming Investor Conferences
SANTA CLARA, Calif., March 5, 2020 /PRNewswire/ — eHealth, Inc. (NASDAQ: EHTH), a leading private online health insurance exchange, today announced that Scott Flanders, Chief Executive Officer will present at the Barclays Global Healthcare Conference on Thursday, March 12, 2020 at 10:15 a.m. E.T. This event will be held at the Loews Miami Beach Hotel. [Read more…]