Breast Implants: The Cost of Vanity
The practice of silicon breast implants is popular in the United States. Plastic surgeons and manufacturers have been marketing the implants since 1962. The Food & Drug Administration (FDA) is now challenging the safety of long term silicon in the human body. The American Society of Plastic and Reconstructive Surgeons (ASPRS) opposes the FDA's proposed safety studies. Manufacturers fear that the FDA studies would place their product in Level Three of risk for medical devices. Level Three is the highest risk category, and requires safety test data by the FDA to permit marketing.
Publication Name: Business and Society Review
Changes to PRP pose "frightening" cost burden
UK wages pressures are likely to result because of the planned phase-out of profit-related pay (PRP) tax relief, with over 4 mil employees affected. The economics of this switch will be tremendous, as employees will seek wage increases to replace decreased take-home pay. Most businesses plan to maintain their PRP schemes until 2000, according to a survey. The survey data indicates about 30% of employers plan to switch back to earlier pre-PRP frameworks, while others may replace PRP with other forms of profit-sharing, incentive, or performance-related pay plans.
Publication Name: Pay and Benefits Bulletin
Insurer liable for cost containment program: Wilson v. Blue Cross of Southern California
The California Court of Appeals for the first time held a health insurer liable for injuries resulting from a cost containment program in Wilson v. Blue Cross of Southern California. The crucial factor in the case was that the cost containment program involved concurrent review. The patient was discharged from a psychiatric hospital as a result of the insurer's withdrawal of coverage and committed suicide soon afterwards. The insurer was held liable for tortious breach of the implied covenant of good faith and fair dealing, but no damages were awarded.
Publication Name: Law, Medicine & Health Care
- Abstracts: California's highest court holds that an insurer can be liable for a policyholder's injuries, even if the damage occurred outside of the insured's policy period
- Abstracts: Rules, sanctions and enforcement under Section 301: at odds with the WTO? Rules of origin and the Uruguay Round's effectiveness in harmonizing and regulating them
- Abstracts: Injuries caused by computer systems: who is liable? Moore Corporation Ltd.'s two-step, cross-border acquisition of Wallace Computer Services, Inc
- Abstracts: Cross-Border Equipment Leasing into Canada. Integrated delivery systems: time to experiment in Canada? The effects of the use of strike replacements on strike duration in Canada
- Abstracts: IRAs Vs. Unsheltered Investments: A Quantitative Analysis. Taxation of "split-dollar" life insurance arrangements