May 22, 2013 |
Some prominent health insurers, including industry giant UnitedHealth Group Inc., are not participating in California's new state-run health insurance market, possibly limiting the number of choices for millions of consumers. UnitedHealth, the nation's largest private insurer, Aetna Inc. and Cigna Corp. are sitting out the first year of Covered California, the state's insurance exchange and a key testing ground nationally for a massive coverage expansion under the federal healthcare law. Meanwhile, the biggest insurers in the state - Kaiser Permanente, Anthem Blue Cross and Blue Shield of California - are all expected to participate in the state-run market for individual health coverage.
October 21, 2008 |
Aetna Inc. added a link to the Gay and Lesbian Medical Assn. to the company's online directory of practitioners, DocFind, becoming the first U.S. health insurer to make such a move. The association's database lists more than 1,200 primary-care providers, specialists, therapists and dentists "who welcome lesbian, gay, bisexual and transgender patients," according to a statement from the association, which is in San Francisco, and Aetna, based in Hartford, Conn.
April 11, 2013 |
Blue Shield of California may be losing its longtime grip on one of the healthcare industry's most coveted insurance contracts. Officials at the California Public Employees' Retirement System are recommending breaking up Blue Shield's current statewide HMO contract and replacing it with as many as four health plans for more than 400,000 public workers and their families. The CalPERS board of administration will consider its staff's recommendation next week and decide among seven companies that submitted bids.
August 17, 2007 |
New York Atty. Gen. Andrew Cuomo warned health insurers Aetna Inc. and Cigna Corp. on Thursday that planned programs that rank physicians on quality and cost would be likely to confuse or deceive consumers. In letters to the insurers, Cuomo took issue with the design of Aetna Aexcel and Cigna Care Network programs that would encourage members to use specialists whom the insurers have identified as delivering quality care while containing costs.
May 30, 2003 |
A federal judge in Miami gave health insurer Aetna Inc. preliminary approval for a $170-million plan to settle claims by 700,000 doctors that the company unfairly cut reimbursements. The settlement approved by U.S. District Judge Federico Moreno gives doctors $100 million. Hartford, Conn.-based Aetna also agreed to pay $20 million to create a foundation to address health-care problems and $50 million in legal costs.
March 11, 2000 |
Aetna Inc., the nation's largest health insurer, apologized for selling policies in the 1850s that reimbursed slave owners for financial losses when those they enslaved died. "Aetna has long acknowledged that for several years shortly after its founding in 1853 that the company may have insured the lives of slaves," Aetna spokesman Fred Laberge said Thursday. "We express our deep regret over any participation at all in this deplorable practice."