Cigna Corp.

Judge approves $540 million insurer's settlement with doctors

Published in Physician Law Weekly, March 3rd, 2004

A federal judge approved an agreement on February 2, 2004, under which health insurer Cigna will pay $540 million to settle claims that it systematically underpaid doctors.

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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Source: Physician Law Weekly (2004-03-03)

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