Am I the last person on earth to learn that Liberty Medical has been bankrupt for a while? I let my supplies run low and after trying all day to reach them, I began searching and this is one thing I found:
Law360, Chicago (April 25, 2013, 10:05 PM ET) -- Bankrupt Liberty Medical Supply Inc. has agreed to hand over its Medicare diabetes supply delivery business to Alere Inc. — along with $22.5 million — to satisfy a $40 million loan and resolve a contract dispute between the rivals, according to settlement papers filed Wednesday in Delaware.
The deal dispenses with all of Liberty Medical’s secured debt and allows the company to retain its Medicare insulin pump business, while Alere receives assets that it had bargained to acquire under the loan agreement.
Of course, my insurance company, BCBS, does not answer the phone in the evening so I must wait until tomorrow to find out how I am to get G4 and pump supplies.
Anyone else with Liberty Medical? What have you learned? I got no notice from my insurance company or from Liberty.