January 09, 2014 | Daily Report Online
Health Overhaul Creates Insurance "Orphans"Record-keeping snags could complicate the start of insurance coverage this month as millions of people begin using policies they purchased under President Barack Obama's health care overhaul.
By Ricardo Alonso-Zaldivar and Tom Murphy
5 minute read
June 09, 2009 | Daily Report Online
Black employees accuse Eli Lilly of discriminationINDIANAPOLIS AP - Several current and former Eli Lilly and Co. employees have joined a 2006 federal lawsuit accusing the drugmaker of pay and promotional discrimination against African-Americans.The complaint accuses Indianapolis-based Lilly of paying black employees at lower levels than their white counterparts and denying promotions to them in favor of less-qualified candidates.
By TOM MURPHY
3 minute read
November 03, 2008 | Daily Report Online
Minnesota becomes latest to sue Lilly over ZyprexaINDIANAPOLIS AP - Minnesota has joined a long line of states aiming to wrangle money from Eli Lilly and Co. with a lawsuit over the drugmaker's top seller, the anti-psychotic Zyprexa.The state attorney general's office filed a complaint in federal court last week echoing claims of other lawsuits that say Lilly downplayed the drug's side effects and marketed it for uses not approved by federal regulators.
By TOM MURPHY
2 minute read
September 11, 2008 | Daily Report Online
Former UnitedHealth CEO settles options lawsuitAP - Former UnitedHealth Group Inc. Chief Executive William McGuire will pay $30 million and return stock options representing more than 3 million shares to settle a class-action lawsuit.The litigation was led by the California Public Employee Retirement System, also known as CalPERS, and the parties involved had been preparing for a trial later this month in U.
By TOM MURPHY
4 minute read
January 13, 2009 | Daily Report Online
NY insurer settlement could lower costs nationwideAP - UnitedHealth Group Inc. will close a much-criticized database health insurers have used for years to determine payment rates and help start a more impartial successor under an agreement announced Tuesday by the New York attorney general's office.The Minnetonka, Minn.-based insurer will pay $50 million to establish the new database, which will be run by a nonprofit organization.
By TOM MURPHY
3 minute read
November 16, 2010 | Daily Report Online
Federal court upholds patent for Lilly's AlimtaINDIANAPOLIS AP - Drugmaker Eli Lily and Co. said a federal court judge upheld a patent protecting one of its best-selling drugs, the cancer treatment Alimta.A trial on the drug's compound patient, which protects its chemical makeup, started Nov. 8 and ended Monday with a ruling from the U.S. District Court for the District of Delaware, Lilly said.
By TOM MURPHY
2 minute read
June 14, 2010 | Daily Report Online
Report: Employers to see 2011 medical costs jumpINDIANAPOLIS AP - Companies that offer employee health insurance expect another steep jump in medical costs next year, and more will ask workers to share a bigger chunk of the expense, according to a new PricewaterhouseCoopers report.For the first time, most of the American workforce is expected to have health insurance deductibles of $400 or more, the consulting firm said in a report released to The Associated Press.
By TOM MURPHY
3 minute read
June 30, 2008 | Daily Report Online
Lilly agrees to settle discrimination lawsuitINDIANAPOLIS AP - Drug maker Eli Lilly and Co. will pay $64,400 to settle a lawsuit accusing the company of withholding severance pay to force a longtime employee to withdraw a discrimination charge.The company also must spell out in future severance agreements that employees don't have to waive their right to file a charge with the U.
By TOM MURPHY
2 minute read
January 15, 2009 | Daily Report Online
Lilly settles Zyprexa suit for $1.42 billionINDIANAPOLIS AP - Eli Lilly Co. said Thursday it pleaded guilty to a charge that it illegally marketed anti-psychotic drug Zyprexa for off-label use, and will pay a combined $1.42 billion to settle civil suits and end the criminal investigation.The Indianapolis-based company said it will pay $800 million to settle civil suits, including $438 million to the federal government and $362 million to states.
By TOM MURPHY
3 minute read
June 12, 2008 | Daily Report Online
ATA Airlines sues FedEx over military charter dealINDIANAPOLIS AP-ATA Airlines is suing FedEx Corp. over its decision to end a military charter business, a move the airline says forced it to seek bankruptcy protection and left it financially destroyed.ATA accused FedEx of breaking a written agreement when it told the airline in January it would no longer receive military passenger service for the government fiscal year ending in 2009, according to a lawsuit filed Wednesday in U.
By TOM MURPHY
2 minute read
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