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Elizabeth Cooney is a health reporter for the Worcester Telegram &
Gazette.
Boston Globe Health and Science staff:
Scott Allen Alice Dembner Carey Goldberg Liz Kowalczyk Stephen Smith Colin Nickerson Beth Daley Karen Weintraub, Deputy Health and Science Editor, and Gideon Gil, Health and Science Editor. Week of:
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« Connector board member resigns | Main | Today's Globe: stem cell funding, genetic data sharing, Oxycontin fine, anemia drugs » Thursday, May 10, 2007Roadblock looms for subsidized insurance planBy Alice Dembner, Globe staff The chief financial officer for the Commonwealth Health Insurance Connector today said he was "a little concerned" that HealthNet, run by Boston Medical Center, would not meet a federal deadline to secure an insurance license by the end of June. Patrick Holland today told members of the connector board that BMC hadn't provided the connector with information on its progress toward getting a license from the state Division of Insurance. That license requires proof of financial reserves, among other measures. If HealthNet doesn't get the license, it could no longer provide coverage under the state-subsidized health insurance program. So far, HealthNet has enrolled about 40 percent of the nearly 70,000 people in the program. Three other plans enroll the remainder. In a statement after the meeting, HealthNet executive director Jean Haynes, said the "BMC HealthNet Plan meets all applicable commercial HMO and National Association of Insurance Commissioners solvency requirements." She did not address whether the plan would meet the licensing deadline. Later in the day, the plan released another statement: "BMCHP has always and will continue to meet all of the requirements of the Connector." Posted by Karen Weintraub at 05:26 PM
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