Here we have part two of the story it seems as Humana already is doing their own investigation and add the Grassley inquiry now as Wellpoint is looking at their affiliation with Greenberg Traurig. CMS is now also looking into the situation and this goes back a a potential tip on the CMS change on the Medicare Advantage plans cuts being changed by HHS. Sounds like the firm may lose another account, and guess we will have to see how all this plays out relative to insider trading and tips. BD
The law firm being questioned by a U.S. senator over whether one of its lobbyists obtained and shared confidential government information on Medicare rates will no longer work with so-called political intelligence firms.
Greenberg Traurig LLP has “concluded that providing government relations services to an entity in the ‘political intelligence’ area may lead to misunderstanding and unintended use of those services, even when compliant with legal and ethical standards,” Jill Perry, a firm spokeswoman, wrote in an e-mail. “We will not represent such firms in the future.”