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Stock impact report

Auto insurers face pushback over preferential deals with health care providers [Globe and Mail, The (Toronto, Canada)]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
that are controlling patients' choices about how to get injuries treated after car accidents. A proposed agreement between Manulife Financial Group and Shoppers Drug Mart recently thrust the issue of preferred provider networks (PPNs) into the spotlight. Under that deal – which was later cancelled – chronically ill patients would have been limited to buying their medication only at pharmacies owned by Loblaw Cos. Ltd. increase But similar agreements have become increasingly common across the insurance industry – including among auto insurers. Health care professionals who work with accident victims say these deals direct more business to large physiotherapy chains, such as the Loblaw-owned Lifemark, and they can create conflicts of interest in which the terms of a contract could unfairly dictate the treatment that a patient receives. Kyle Whaley has experienced the issue from both sides of the table. As a physiotherapist and owner of Propel Physiotherapy, he has treated many p Show less Read more
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