"Making Hospitals Cry Uncle" (People, June 7, 2004)
"Making hospitals cry uncle" (People, June 7) incorrectly reported the date that Medical Savings Insurance Co. was founded. The company began operations in 1997. J. Patrick Rooney, chairman and CEO of Medical Savings, says he did not hold any stock in another company, Golden Rule Insurance Co., when Golden Rule was sold in 2003. The story also should have noted that Medical Savings has brought a federal antitrust lawsuit against several Florida hospitals alleging price fixing. In its disputes with hospitals, Medical Savings contends that the hospitals overcharge its policyholders. Medical Savings says it has a policy of defending policyholders from hospitals' attempts to collect unpaid charges. The "debt forgiveness" that the story reported Medical Savings received from Tenet Healthcare Corp. referred to those contested charges and was not meant to imply that Medical Savings had borrowed money from Tenet.
"Global Compact, Little Impact" (Social Issues, July 12, 2004)
"Global compact, little impact," a story about the U.N.'s voluntary corporate responsibility plan (Social Issues, July 12), erroneously listed Newmont Mining Corp. among the companies currently facing civil lawsuits in U.S. courts related to abetting serious rights abuses.
Copyright 2004, by The McGraw-Hill Companies Inc. All rights reserved.
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