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Anthem Says AG May Be Hazardous to Your Health
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Business New Haven
1/12/1998
By: BNH
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HARTFORD - Anthem Blue Cross' recent full-page ads that ran in most of the state's major daily newspapers appeared to exacerbate tensions between state Attorney General Richard Blumenthal and the company. The ads were headed with boxed text in caps: WARNING: THE ATTORNEY GENERAL IS SEEKING TO TAKE THE ASSETS AND RESERVES OF ANTHEM BLUE CROSS & BLUE SHIELD OF CONNECTICUT USED TO PROTECT THE HEALTH BENEFITS OF ITS MEMBERS.
Blumenthal responded by assailing the ads, which were partly directed at senior citizens, as extravagant and repugnant scare tactics - the height of corporate irresponsibility aimed particularly at our state's elderly residents, frightening them with the unfounded specter of reduced health insurance coverage and rate increases. Blumenthal's statement went on to characterize Anthem Blue Cross' management as more concerned with serving themselves than serving Connecticut policyholders.
Anthem Blue Cross quickly pulled the ads whose purpose, the company claimed, was to convey their intention to vigorously contest the lawsuit filed against them by the state. The company is fighting the state's attempt to declare it a charity, and thereby prevent it from directing profits to its Indiana-based parent, Anthem Insurance Co.
Medical Rounds
The Wallingford-based Masonicare has named Regina F. McNamara president of its home health-care affiliate, Homecare Inc. Barry M. Spero, president and CEO of Masonicare, says of McNamara, who has served as Homecare's chief operating officer since 1995, Ms. McNamara has been instrumental in Homecare Inc.'s extraordinary growth to become the largest state-wide provider of home health services. Homecare has $25 million in annual revenues and 1,600 employees statewide, and Masonicare is the state's largest not-for-profit provider of health care to seniors.
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