Cigna to boost HMO, indemnity enrollments with new acquisition

Article Abstract:

Health insurance giant CIGNA Corp.'s acquisition of health maintenance organization (HMO) Healthsource Inc. may add another 1.1 million HMO members to CIGNA's list, boosting enrollment to 5.3 million members and giving CIGNA the largest enrollment among publicly traded managed care companies. CIGNA paid $1.7 billion for the financially failing Healthsource, and controlling the HMO's higher-than-average costs now becomes a necessary priority for CIGNA.

Mergers, acquisitions and divestments, CIGNA Corp., CI, Healthsource Inc., HS

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New managed care laws may backfire, industry warns

Article Abstract:

The abundance of managed care laws passed by states could increase the costs of health insurance so that consumers cannot afford it. Laws mandating benefits are unnecessary because of the new benefits and services that have been offered by managed care companies. Health maintenance organizations are licensed by the states and do not need additional legislation governing them.

Administration of Public Health Programs, Health Programs-State, Laws, regulations and rules, Prices and rates, Health care industry, Health policy

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Managed care translates to 'let the patient beware.'(Column)

Article Abstract:

Managed care companies are contributing to the decline in the quality of health care. Health maintenance organizations and other for-profit health insurers focus exclusively on cost-cutting and achieving efficiency in medical offices and hospitals. The profits accumulated by such efforts are then distributed to shareholders and top executives.

Analysis, Management, Insurance industry, Column

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