Schering-Plough set to make payments of $345.5 million

Article Abstract:

Schering-Plough Corporation agreed to pay $345.5 million and plead guilty to a federal criminal charge that it overcharged Medicaid for the popular Claritin allergy medicine. Schering Sales Corp., a subsidiary of Schering-Plough, of Kenilworth, N.J., agreed to settle the case and plead guilty to paying Cigna Corp., a Philadelphia-based health insurer, rebates in exchange for keeping Claritin on its approved drug list.

Pharmaceutical preparations, Legal/Government Regulation, Company legal issue, Cases, Pharmaceutical industry, Insurance industry, Remedies, Schering-Plough Corp., CIGNA Corp., CI

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Accident evidence withheld, testifies ex-SEPTA official

Article Abstract:

The former safety director of SEPTA has testified that the agency withheld crucial information about an escalator accident in which a 4-year-old boy lost his foot. The official alleges that SEPTA, which is the subject of an extensive probe, conducted a poor investigation of the 1996 accident.

Local Transit, Urban Transit Systems

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Blue Cross accused of amassing a surplus

Article Abstract:

Independence Blue Cross has found itself in the midst of a lawsuit started by Jules Ciamaichelo, president of Bucks County's Rob Stevens Inc. The plaintiff claims that the health insurer made millions of dollars in surplus money in violation of its nonprofit status under state law.

Insurance, Insurance Carriers and Related Activities, Abstract, Independence Blue Cross

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