Highmark, UPMC Contract Stiffs West Penn, Pa. Officials Say

Law360, New York (February 26, 2013, 1:15 PM ET) -- Pennsylvania state officials questioned Highmark Inc. on Friday over its seemingly conflicting plans to buy the financially troubled West Penn Allegheny Health System for $1.6 billion while simultaneously pursuing a long-term insurance contract with West Penn's main rival, University of Pittsburgh Medical Center.

Pennsylvania’s deputy insurance commissioner and the state senator who heads the Senate Banking and Insurance Committee urged Highmark to more clearly lay out how its plans to pursue both deals do not conflict with each other in the effort to rescue the debt-saddled...
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