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Cigna announces layoffs, another sign of a failing buisness model

Tue, 01/06/2009 - 4:47pm — DCblogger

Insurer Cigna to shed 1,100 employees

Cigna Corp., a Philadelphia-based health insurer, has announced plans to lay off 1,100 employees — approximately 4% of its total work force.

Denial of care is a failing business model, let's put them out of their misery before they kill anyone else.

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i wish i could agree with

By hipparchia on Wed, 01/07/2009 - 12:06am

i wish i could agree with you on the failing business model, but i think it's more likely that denying care is what's kept them afloat for this long. i think their problems stem more from the repeal of glass-steagall [sp?] which has allowed the banks, insurance companies, and stock brokers to go back to merging and acquiring each other, which is what they were ALL doing back in the roaring 20s. help! i eated a shark inshurance company and now i'm going belly up!

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Cigna Director Henney new FDA head?

By amberglow on Wed, 01/07/2009 - 4:39pm

Jane Henney, Former FDA Commissioner, Being Considered by Obama --

... An Obama representative asked Henney, who was commissioner from November 1998 until January 2001, if she was interested in the job, and she said yes, according to a person familiar with the matter. ...

Reuters -- Cigna Officers & Directors Detail --

Jane Henney has been a Director of CIGNA since 2004. Dr. Henney is a professor at the University of Cincinnati College of Medicine. She served as Senior Vice President and Provost, Health Affairs at University of Cincinnati Academic Health Center (an educational institution) from 2003 until January 2008 and was a Senior Scholar at the Association of Academic Health Centers from 2001 until 2003. Dr. Henney is a Director of AmerisourceBergen Corporation and AstraZeneca PLC.

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