Could you comment on the exposure faced by the Redington-Fairview General Hospital from the Tufts insolvency?
Currently, we have $ 190,000 in past due payments to the Hospital. Based on discussions I have had with physician practice managers in the community, I would expect that an equal amount would be due the physicians from our community. Q: What are the prospects of recovery? A: The proceedings before the New Hampshire Commissioner of Insurance has required payment only for bills rendered subsequent to December 20, 1999. We are totally exposed for payments prior to that date. We are not optimistic that we will recover these amounts. Q: What have been your observations regarding the New Hampshire proceedings governing Tufts? A: I have been troubled by having to rely upon the New Hampshire Department of Insurance as the governmental entity carrying out these proceedings. I understand that Superintendent Iuppa and the Maine Bureau of Insurance (BOI) have monitored these proceedings closely and have kept our Association posted. I would have had more confidence, however, if our Maine BOI had be
Could you comment on the exposure faced by the Redington-Fairview General Hospital from the Tufts insolvency?