Number
001115
Version
SUBSTITUTE
Reference
Sponsor
THE CHAIR
Title
Substitute resolution authorizing settlement of claims against SmithKline Beecham Clinical Laboratories, Inc. in connection with the administration of the City's Basic Health Plan by Wisconsin Physicians Service Insurance Corporation. (City Attorney)
Analysis
This substitute resolution authorizes settlement of potential claims against SmithKline Beecham Clinical Laboratories, Inc. in connection with the administration of the City's Basic Health Plan by Wisconsin Physicians Service Insurance Corporation.
Body
Whereas, Wisconsin Physicians Service Insurance Corporation (WPS), the administrator for the City of Milwaukee Basic Health Plan, has obtained a settlement relating to alleged overpayments to SmithKline Beecham Laboratories in connection with the administration of the City's Basic Health Plan; and
Whereas, WPS has calculated the aggregate amount of claims to which the alleged overpayments relate to be $155,910.97; and
Whereas, WPS recommends that the City participate in the settlement, has advised that the City should receive approximately $9,000.00 in settlement of this matter, and has advised that the final amount of recovery is dependent upon the number of health insurance plans who elect to participate in the settlement; and
Whereas, Settlement of this potential claim provides cost savings to the City as a member of a group of insurance plan sponsors who participate in the settlement effort; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City Attorney is authorized and directed to participate in the settlement recovery on its behalf and to enter into any release and settlement agreements necessary to conclude the settlement, and is further instructed to report the final amount of the settlement to the Common Council.
Requestor
Drafter
City Atty.
EHT
9/25/00
33412