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NY AG: Health Insurer agrees to Shun rate database

 

Friday, Mar 06,2009, 10:55:47 AM   Click:

NY AG: Health insurer to avoid the base rate of The Associated Press
ALBANY, NY_New York Attorney General Andrew Cuomo says the insurer Cigna Corp. joins national push to reform the way the reimbursement rates for health care are set.

Cigna will stop using a database to calculate controversial reimbursement for patients who see doctors outside their networks of insurance. The company will also contribute $ 10 million to a new database independent.

Cuomo says the Ingenix database, owned by UnitedHealth Group Inc., helped pay for too many patients because of conflicting interests. Minnetonka, Minn.-based UnitedHealth has decided to close it.

Tuesday's announcement comes as Cuomo plans to Rochester, NY-based Excellus Health Plan, saying that it defrauded consumers by manipulating interest rates. Excellus officials have not commented.

© Copyright 2009 The Associated Press. All rights reserved. This material May not be published, broadcast, rewritten or redistributed. ALBANY, NY_New York Attorney General Andrew Cuomo says the insurer Cigna Corp. joins national push to reform the way the reimbursement rates for health care are set.

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