Published in Physician Law Weekly, March 3rd, 2004
Cigna followed the lead of Aetna in settling racketeering lawsuits against managed-care industry leaders. Both companies are paying refunds to doctors and have changed procedures for reviewing and processing doctors' claims for payment.
Cigna's settlement, coming on top of Aetna's $470 million agreement in May 2003, may pressure eight other insurers sued by the doctors to settle. They are Anthem, Coventry, Foundation, Humana, PacifiCare, Prudential, United, and Wellpoint.
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