In order to quality for the benefits, units have to be rent-stabilized," Mr. Scott said.
Cigna, the No. 3 health insurer, said it would eliminate 2,000 jobs and take a $65 million charge in the fourth quarter as it consolidates service operations in its employee health, life and disability benefits units.
The utilization rate of insurance benefits (hereafter, URB; i.e., the proportion of insurance benefits units effectively used by a recipient over the fixed limits of benefits defined by each certified care needs level in the Japanese LTCI system) depends on the care plan designed by the care manager and the family.
As Merck prepares for the initial public offering of its pharmacy benefits unit, Medco Health Solutions, questions are being raised on the division's future profitability.
The bride, 31, works in Iselin, N.J., as a writer of brochures and other marketing materials for the executive benefits unit of the Metropolitan Life Insurance Company.
Other variations impose tight caps, perhaps paying a maximum of $50,000 a year, versus $1 million for a standard plan, said Kerry Finnegan, head of the small-employer group at Mercer's health and benefits unit.
[F1.] Many Opting for Generic Prozac Merck's health benefits unit said that most of its customers who take the antidepressant Prozac had opted for the generic version that became available this month.
The health benefits unit of Merck & Company said yesterday that most of its customers who take the antidepressant Prozac had opted for the generic substitute that became available early this month.
Merck said expenses related to Merck-Medco, its pharmacy benefits unit, helped drive the costs of materials and production 13percentt higher, as competition from makers of generic versions of its drugs eroded sales of older products like the heartburn drug Pepcid.
First, he expects that Merck will finally complete a long-planned spinoff of its pharmacy benefits unit, Medco, this summer, eliminating a drag on its stock.
Medco Health, the pharmacy benefits unit of drugmaker Merck, was paid more than $3 billion in rebates in the late 1990s from drugmakers seeking to promote their drugs, according to documents filed in a long-running class-action lawsuit, The New York Times reported.
