Cigna

Today's single payer post: 16 subpoenas

N.Y. AG Prescribes Subpoenas to UnitedHealth Group, Others

The nation’s largest health care insurer, four of its subsidiaries and a number of other large insurers are being served subpoenas — 16 in all — in a suit to be brought by New York Attorney General Andrew Cuomo that charges the companies used “rigged data to manipulate the reimbursement rate to their customers who filed claims.”

At the center of the scheme, according to the attorney general, is Ingenix, Inc., “the nation’s largest provider of health care billing information, which serves as a conduit for rigged data to the largest insurers in the country.”  Read more 

Today's single payer post: Virtual Health Care Community

I suppose this is the logical conclusion of the American Health Neglect System:

CIGNA Creating a Virtual Health Care Community

BLOOMFIELD, Conn. & SAN FRANCISCO—(BUSINESS WIRE)—Today CIGNA, a leading health service company, is announcing the development of a virtual health care community. This computer-simulated world is situated on a Second Life® island, where seminars, interactive displays, educational games and virtual health consultations help foster real and sustainable behavior change that improves health.  Read more 

Today's single payer post: stock dumping edition

Let’s talk about corporate greed. It is worse than you thought. We know that these companies make money by collecting premiums and then denying care. The question is, money for who? Let’s look at their insider trades:
Cigna’s board of directors and chief corporate officers collectively dumped 129,499 shares of Cigna stock. I tried to add that up to what it would be in dollars, got as far as $17,342,224. That is in addition to their very high salary. How much health care could your municipality buy with $17 million dollars?  Read more 

Today's National Day of Action Post: Rally at the AHIP Convention

Community Unites to Tell Health Insurance Industy: Health Care Yes, Insurance Companies No!

The June 19 rally will be the first organized mass expression of popular demand for high-quality, affordable health care directed by patients and doctors, not insurance profiteers.  Read more 

Today’s single payer post: corporate news edition

UnitedHealth CEO paid $13.1M in 2007

UnitedHealth Group Inc. CEO Stephen Hemsley received compensation valued at $13.1 million in 2007, down from the $15.5 million he got in 2006.

According to documents filed with the SEC, Hemsley received a base salary of $1.3 million in 2007, up from $1 million in 2006. He also got stock options awards valued at $8.1 million in 2007, less than the $11.3 million he got in 2006.

His compensation also included $3.6 million in cash incentives, up from $2.8 in the previous year.  Read more 

Today's single payer post, Cigna edition

Health care’s new math

When does 20% of $753.95 equal $641.60? When $753.95 equals $2,808.

Health systems have contracts with insurers about what the insurer will pay for a given procedure. While the specifics are confidential, Cigna’s contract with Sentara allowed for a “case rate” to be applied. In Dockter’s case, that meant the epidural injection she received was part of a group of outpatient surgeries that were all covered at the case rate of $2,808.

Just one of many examples of the sleazy behavior of our health neglect system. I am trying to document as many as I can.