>>SAN CARLOS, Calif.--(BUSINESS WIRE)--July 12, 2005--Conceptus, Inc. (Nasdaq:CPTS - News), developer of the Essure® non-incisional permanent birth control procedure, today reported that UnitedHealthcare ("UHC") has approved the Essure procedure for reimbursement effective immediately. UHC, a UnitedHealth Group company (NYSE:UNH - News) is headquartered in Minnetonka, Minnesota, and serves more than 18 million lives across the U.S. As with all healthcare plans, coverage will vary and is dependent upon the individual's specific benefit plan.
"This is excellent news for women covered by UHC who will want to avail themselves of our non-incisional approach to permanent birth control," commented Mark Sieczkarek, president and chief executive officer of Conceptus. "We are very pleased that UHC has recognized the benefits of the Essure procedure and its continuing track record of safety, efficacy and cost effectiveness." <<
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Good for 18% as I type.
Cheers, Tuck |
