Fitch Ratings has downgraded a pair of ratings for health insurer CIGNA, citing several factors that have resulted in what it called some “modest tightening” of the insurer’s “financial flexibility.”

CIGNA, …  Read →

Calling testimony on the Ingenix out-of -network reimbursement database “profoundly troubling,” a Senate committee chairman called for more accountability by those responsible.

John "Jay" Rockefeller

Sen. John “Jay” Rockefeller (D-W. Va.), …  Read →

The American Medical Association and several other medical societies have filed a class-action suit against WellPoint Inc., alleging that the nation’s largest insurer participated in an industry-wide scheme to defraud …  Read →

Health insurers will alter pricing in the wake of “serious earnings shortfalls” last year, a key insurance ratings service predicts.

“As a result of last year’s reduced profitability, we expect that …  Read →

CIGNA plans this spring to launch a system that provides actual cost and benefit information for its members prior to them seeking treatment.

The CIGNA Cost of Care Estimator is new …  Read →

James P. Cronin

As other health insurers in the region have cut jobs and services, UnitedHealthcare of the mid-Atlantic is going the opposite direction.

The subsidiary of Minnesota-based UnitedHealth Group is …  Read →

James P. Cronin

As some insurers in the region have cut jobs and services, UnitedHealthcare of the mid-Atlantic is going the opposite direction.

The subsidiary of Minnesota-based UnitedHealth Group is setting …  Read →

New York Attorney General Andrew Cuomo has reached agreements with two New York insurers to stop using the controversial Ingenix reimbursement database after threatening to sue both companies last month.

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James P. Cronin

As other health insurers in the region have cut jobs and services, UnitedHealthcare of the mid-Atlantic is going the opposite direction.

The subsidiary of Minnesota-based UnitedHealth Group is …  Read →

Blue Cross Blue Shield of Michigan announced that it is going to cut 1,000 jobs and seek a premium increase for its individual plans.