1099-B tax forms for recipients of cash consideration from MLMIC’s acquisition by National Indemnity Company will be sent on February 25 via Computershare. The mailing will contain an explanatory insert and a 1099-B tax statement required by the IRS.
A recent study has identified that transmission of hepatitis is possible even when using sterile needles and syringes. MLMIC encourages all medical professionals to remain vigilant with use of proper technique for the administration of injectable medications.
The American Dental Association (ADA) has responded to recent media coverage of a study that had raised concerns about the safety of dental floss. Pointing out that the U.S. Food and Drug Administration has placed no restrictions on the use of dental floss, ADA says it finds “no cause for concern based on current evidence.”
MLMIC asks any objectors or Eligible Policyholders currently involved in an unresolved dispute over cash consideration to read the recent Order from the Superintendent of the New York State Department of Financial Services and review your obligations, available options and the future status of the cash consideration held in escrow.