"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
- Warren Buffett

2015 MCARE

On October 16, the Corbett Administration announced it had reached a settlement with the Hospital Association of PA and the PA Medical Society regarding a 2009 dispute on the transfer of money from the Mcare Fund to the General Fund.  The $200 million settlement includes a $139 million refund to providers and a $61 million reduction in the 2015 Mcare assessment.

We will be in touch with our PA insureds once more information is available on how MCARE will be managing the refunds.

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