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Health Care & Insurance

CT insurers owe $3M in Obamacare refunds

More than 69,000 Connecticut residents are in line to split up just over $3 million in premium refunds this year as a result of a rule created by the Affordable Care Act, federal officials announced.

MassMutual debuts $100M tech V-C fund

Massachusetts Mutual Life Insurance Co., with major operations in Enfield, says it pumped $100 million into its own venture-capital startup to invest globally in fledgling technologies that leverage...

Tenet to commit about $535M to acquire CT hospitals

For-profit hospital operator Tenet Healthcare Corp. is ready to spend about $535 million to acquire and improve four Connecticut hospitals and related subsidiaries, according to recent filings with...

Fla. dermatology group makes CT push

A Florida dermatology business has acquired Groton’s Eastern Connecticut Dermatology and said it expects to expand its Connecticut holdings this year.

CT housing center joins landlords’ lawsuit against insurers

The Connecticut Fair Housing Center is helping several landlords sue two insurance companies over what it deems to be discriminatory underwriting policies against building owners who rent to...

Travelers’ 2Q profits down on storms

The Travelers Cos., which has significant Hartford operations, said its second-quarter net income fell 26 percent, largely due to wind and hail storms in several regions of the country.

Legislation curtails medication “step therapy”

A bill recently signed into law by Gov. Dannel P. Malloy will tighten rules about how insurance companies can mandate cheaper drugs before agreeing to pay for more expensive drugs, a cost-saving...

Phoenix sets payout for CIO

The Phoenix Cos. has agreed to pay its chief investment officer a $175,000 cash reward if the Hartford insurer becomes a current filer with the U.S. Securities and Exchange Commission by the end of...

Htfd. Healthcare docs may have administered improperly stored vaccines

Hartford Healthcare Medical Group said that more than 5,000 doses of vaccines it administered since last year may not have been stored under the proper temperature.

Protein Sciences launches workplace vaccination program

Meriden’s Protein Sciences said it has partnered with Velocity Urgent Care to offer influenza and other vaccinations at workplaces.

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