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Actual - Realtors Sue Blue Shield
Health coverage is going to be difficult for California Realtors from now on. California base According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product d Blue Shield, which used to offer health coverage for about 8,000 realtors and their familie ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in , has now decided to terminate its coverage abruptly. All the customers were informed through lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. mails that their coverage would be active only till May 31, 2007. Reacting to the situation, here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe alifornia Association of Realtors has taken up the responsibility of defending its members an d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro has sued Blue Shield. Blue Shield has cancelled all agreements with its customers. Speaking ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc on this, Colleen Badagliacco, President of California Association of Realtors, said that this easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi was really a tough situation. The families are trying in vain to find a replacement for Blue nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically hield. She further added that Blue Shield had behaved in the most careless and irresponsible and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ anner by not showing even a hint of sympathy about the health of more than 8000 families. The ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi company is not ready to hold any discussions pertaining to this matter. David Seldin, spokes ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a erson of Blue Shield, said that the association had violated the agreement. According to the dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod greement, 75 percent of the association members should be enrolled in the Blue Shield Plan fo cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin their health insurance under the group coverage. Blue Shield had intimated the association r tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen garding its decision in December itself and had also given the customers ample time to get a t? As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel eplacement. But the association does not agree to the charges. According to their lawyer, th ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust enrolled members in the guaranteed issue plan are more than 75 percent. The attorney said th y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products t almost 99 percent of the members have joined the plan. Blue Shield, which offers coverage t . As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de more than 3 million natives of California, states that under a group plan, 75 percent enroll elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ent is prerequisite in order to preserve the interests of the company and also the individual tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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