Turning Pennies into dollars: (OTCBB:CCHN) Clear Choice Health Plans, Inc
Are you a public company looking for exposure?
Contact RealPennies.com - 212-662-2147
For more info: http://www.realpennies.com/otc/cchn
Clear Choice Settles Litigation with State of Oregon
(OTCBB:CCHN) Clear Choice Health Plans, Inc.
Wednesday January 28, 4:30 pm ET
BEND, Ore.-Clear Choice Health Plans, Inc. recently announced it has settled litigation with the State of Oregon related to a dispute over reimbursements from 1997 to 2002 under the Oregon Health Plan .
Clear Choice said it will receive $1 million as part of the settlement in a lawsuit it filed against the State in 2003, which alleged that rate calculation errors were made in connection with certain OHP reimbursements. OHP provides health care coverage for more than 380,000 low-income Oregonians.
?Given recently?s economic realities and following a cost-benefit analysis, we decided to settle this longstanding matter and move forward in partnership with the State to assure the best possible outcomes for OHP participants,? said Patricia Gibford, president and CEO of Clear Choice.
About Clear Choice Health Plans
Clear Choice offers affordable health plans to meet the needs of employers, providers and consumers. The company provides health insurance, including Medicare Advantage plans, commercial plans, individual plans and administrative services to individuals and businesses throughout the region. The company also offers life, disability, dental, vision and voluntary benefits programs. Clear Choice is dedicated to the development of community-based health insurance plans. For information call 888-677-5852 or visit www.clearchoicehp.com.
Contact:
Clear Choice Health Plans Gunnar Hansen, CFO, 541-330-8100 ghansen@clearchoicehp.com or PondelWilkinson Inc. Evan Pondel/Roger Pondel, 310-279-5980 epondel@pondel.com Source: Clear Choice Health Plans, Inc.
Profile for Clear Choice Health Plans, Inc.
Clear Choice Health Plans, Inc. operates as a health insurance company. It offers health insurance, including individual plans, Medicare Advantage plans, commercial plans, and administrative services. The company also provides value added services to the insurance process for customers, brokers, consumers, and physicians. It serves individuals and businesses in Central Oregon, Eastern Oregon, and the Columbia Gorge. Clear Choice Health Plans, Inc. was formerly known as Central Oregon Independent Health Services, Inc. and changed its name in May 2007. The company was founded in 1995 and is based in Bend, Oregon.
LAST $9.00 USD
Realpennies.com
Investors are advised that this analysis is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy. This report does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this information. The information contained herein is based on sources that we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. Past performance is no guarantee of future results. Please consult a broker before purchasing or selling any securities mentioned on
http://www.realpennies.com/start.html
Any opinions expressed herein are statements of our judgment as of the date of publication and are subject to change without notice. This may contain forward-looking statements and are not guarantees of performance. Reproduction of this without written permission is prohibited.
RealPennies.com
Phone: 212-662-2147
info [at] realpennies.com
No comments:
Post a Comment