BenefitsLink Health & Welfare Plans Newsletter for November 23, 2001

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The BenefitsLink Newsletter -
Welfare Plans Edition

November 23, 2001 - 6,595 subscribers

Today's sponsor: Glasser LegalWorks

(Click on company name or banner to learn more.)

   You are invited to attend the nation's leading seminar on how recent cases affect claims, plan design and operations.
Highlights of this year's program include:
-Health Care Plan Litigation
-Fiduciary Litigation
-Preemption after Egelhoff
-Aftermath of Pegram
-Managed Care Litigation
More details are available now in an online brochure:
http://www.legalwks.com/conferences/erisa_lit/home.htm

(Help BenefitsLink to provide this newsletter at no charge to you -- our sponsors pay our way. Remember to visit them periodically; we try to make sure their products and services will be of interest to you. Thanks! --Editor)

Bristol-Myers Squibb Sued for Allegedly Inflating Prices of Cancer Drugs
Excerpt: "The Teamsters Health and Welfare Fund of Philadelphia has filed a class action suit against Bristol-Myers Squibb, charging the drugmaker with willfully overstating the prices of a number of its breast cancer drugs, including Taxol (paclitaxel), the law firm for the plaintiffs said ..." (Medscape; free registration required)

LTV Shutdown to Result in Loss of Retiree Health Benefits
Excerpt: "The steelmaker's revenue pays their medical benefits, so they will lose that coverage once operations are halted, [LTV spokesman Mark Tomasch] said. While LTV's pension plan is fully funded for the time being, the government eventually could have to take it over because the company won't be making additional contributions to the plan, Tomasch said." (The [Pittsburgh] Post-Gazette)