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Stock Market & Financial Investment News

News Breaks
January 15, 2014
11:27 EDTCINew York AG says Cigna to pay $23K in claims settlement
New York Attorney General Eric Schneiderman announced that his office has reached a settlement with Cigna, requiring the health insurer to reprocess and pay hundreds of claims for nutritional counseling for mental health conditions, in particular eating disorders, to members it said were wrongfully denied those benefits. Pursuant to the settlement, Cigna has agreed to eliminate the three-visit cap for mental health conditions and to reprocess and pay members whose claims were denied due to the limit, totaling approximately $33,000. Cigna will also conduct in-service training for its claim and clinical review staff regarding the removal of visit limits for nutritional counseling prescribed for mental health disorders. Under the settlement, Cigna will also pay $23,000 to the OAG as a civil penalty.
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December 17, 2014
10:51 EDTCILeerink healthcare services analyst holds analyst/industry conference call
Healthcare Services Analyst Gupte provides outlook and favorite names for 2015 in the Hospitals and Managed Care Industry on an Analyst/Industry conference call to be held on December 18 at 1 pm.
December 10, 2014
14:45 EDTCIDeal would block payments to health insurance companies, The Hill says
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