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TeleHealthOne bringing its services to fred’s Pharmacy stores

Staff Report Fred’s Pharmacy stores across Mississippi are adding video-based health care to their offerings. TeleHealthOne, a less than 2-year-old Canton provider of telemedicine services, has teamed with fred’s Inc. to extend the company’s video health services to customers of the pharmacies. Private space will be set aside in the stores for people with minor ailments to receive a video ...

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COMMERCIAL FINANCE 701: Payment and performance bonds in construction projects

Construction lenders on large commercial construction loans customarily require payment and performance bonds.  At the loan commitment letter stage, this condition rarely concerns a borrower.  Later, however, when the requirement materializes into a line item in the contractor’s budget, the borrower might have second thoughts.  We attempt to define and appraise the payment and performance bond (P&P Bond). Let’s assume ...

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Health insurance exchange coverage to thin out for 2017

By JACK WEATHERLY Sixty-six of Mississippi’s 82 counties will have only one health insurer participating in the Federal Insurance Exchange next year because of the pullout of UnitedHealthcare, according to the Mississippi Insurance Department. UnitedHealthcare made a bold commitment for 2016 with coverage offered in all 82 counties,giving all residents at least two choices of insurers, and residents in 32 ...

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Katrina whistleblower suit to be heard by U.S. Supreme Court

By JACK WEATHERLY An appeal of a whistleblower suit ruling against State Farm Fire and Casualty Insurance Co. over wind and flood damage linked to Hurricane Katrina will be heard, the U.S. Supreme Court said Tuesday. The 5th  U.S. District Court of Appeals in New Orleans on July 13 reversed the U.S. District Court in Gulfport ruling denying the plaintiffs ...

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US stocks skid on weak health care results; Europe slumps

U.S. stocks are slipping Friday morning, while markets in Europe and Asia take hefty losses. Health care companies are falling after some weak first-quarter reports and technology companies continue to trade lower after a late plunge a day earlier. KEEPING SCORE: The Dow Jones industrial average dropped 104 points, or 0.6 percent, to 17,726 as of 10:12 a.m. Eastern time. ...

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Mississippi’s doctors eighth-highest paid in nation

» But state association chief  says long hours account for that By JACK WEATHERLY  Physicians in Mississippi – one of the poorest states – are the eighth-highest paid in the nation, according to Medscape.com. Rural areas are medically underserved because of the shortage of doctors, and Mississippi is the least competitive among all states. “Numerous government policies are aimed at ...

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UnitedHealthcare pulling out of ACA exchanges in Mississippi, other states

By JACK WEATHERLY  UnitedHealthcare will depart the Mississippi insurance exchange at the end of the year, leaving the state with only two insurers, Insurance Commissioner Mike Chaney said Tuesday. That comes as part of the nation’s largest health insurer pullback from all but a few such markets mandated under the Affordable Care Act, also known as Obamacare. The pullout, which ...

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Largest health insurance provider pulling out of most ObamaCare markets

UnitedHealth, the nation’s biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states next year after expanding to nearly three dozen for this year. CEO Stephen Hemsley said Tuesday that the company expects losses from its exchange business to total more than $1 billion for this year and last. He added that ...

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Matlock joins Oxford firm

Marjorie T. Matlock has joined Holcomb Dunbar – Attorneys as a partner and will lead its Workers’ Compensation Defense Group. Matlock will concentrate her practice on providing workers compensation defense to businesses and insurers throughout Mississippi, as well as general insurance defense, and mediation and alternative dispute resolution services. Matlock has 31-years of legal knowledge and other experience in assisting ...

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