Colorado Fines Cigna $126,000 For Violations


The Colorado Division of Insurance imposed its largest-ever fine, $126,000, on Cigna Health Care and Connecticut General Life Insurance, a Cigna indemnity unit, for violating state law by failing to actively market a low-cost standard health plan to small businesses.

The state also cited the company for inadequately responding to complaints, issuing incorrect policy forms, making underwriting errors and incorrectly issuing credentials to insurance agents.

State law requires insurers to offer and market basic health plans with standardized benefits and guaranteed coverage to small companies. An insurer's failure to market the basic plan could drive a high number of high-cost cases to other insurers, raising their costs, the state says.

Cigna said it has solved many of the problems raised by the state.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

Subscribe to Our Newsletters

Monthly table of contents

Be notified as each issue of Managed Care is available online.

Biweekly newsletter

Recent topics have included:

PTCommunity news

New drug approvals, clinical trials, drug management. Three times per week.