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Fox Insurance Agrees to Pay Delinquent Medicare Part D Claims After Action by Senators Baucus, Grassley, CMS and NCPA
Date:7/19/2010

ALEXANDRIA, Va., July 19 /PRNewswire-USNewswire/ -- Fox Insurance Company agreed July 9 to wire $13.6 million in overdue payments for Medicare Part D prescription drug claims to the administrators of its plan − ProCare Pharmacy Benefit Management, Inc. – which is currently closing claims and beginning to process payments for claims from the period of Feb. 16-28, 2010 in order to provide long-awaited reimbursements to independent community pharmacies for providing prescription drugs to seniors. Fox Insurance still owes tens of millions of dollars in unpaid Fox insurance claims from March, and is promising to clarify a few lingering issues to fulfill its remaining obligations. This entire ordeal began when the Centers for Medicare and Medicaid Services (CMS) terminated Fox Insurance's Part D contract as a result of "significant deficiencies" in its operations on March 9, and Fox proceeded to withhold outstanding claims around that time period.

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SOURCE National Community Pharmacists Association
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