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Tough Call: Is Supreme Court Ruling on Suing HMOs A Defeat For Patients?, CNNfn.

Finance Wire

| June 22, 2004 | COPYRIGHT 2004 CQ Transcriptions. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Original Source: MARKET CALL

ALLEN CHERNOFF, CNNfn ANCHOR, MARKET CALL: The Supreme Court ruled on Monday that patients cannot sue for large damages, if their HMO refuses to pay for doctor-recommended medical care. The ruling says that HMOs are shielded from state courts where juries are more inclined to award large settlement. But patients may sue in federal court where awards are capped at only the cost of medical services the HMO refused to cover.

Is the HMO ruling a victory for tort reform or a defeat for patient`s rights? Joining me to make that "Tough Call" is Ron Pollack of Families USA and Harold Iselin of the law firm Greenberg, Traurig. The firm specializes in governmental affairs and the health care business.

Gentlemen, thank you very much for joining me this morning.

(CROSS TALK)

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