Cigna Holding Company

Location

Connecticut

Founded

1792-02-28

Risk Signals

5792 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Life Insurance, Accident and Health Insurance, Hospital and Medical Service Plans, Surety Insurance), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about Cigna Holding Company

Live alerts from global media, monitored by Business Radar

Medicare Paid $2B On Thousands Of Unessential Back Surgeries: Analysis

2024-11-14 (kffhealthnews.org)

Medicare Paid $2B On Thousands Of Unessential Back Surgeries: Analysis

In other news, University of Illinois nurses strike; Baystate Health makes leadership cuts; St. Louis University tackles a lack of palliative care; and more.

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Cigna Says Florida Labs Owe $16M After 'Cheating' For Benefits

2024-10-19 (law360.com)

Cigna Says Florida Labs Owe $16M After 'Cheating' For Benefits

Three Florida substance abuse laboratories wrongly filed $16 million in claims for medically unnecessary tests and doubled their scheme by failing to seek patient payments, Cigna attorneys told a federal jury on Friday.

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Texas sues insulin makers, PBMs: 5 things to know

2024-10-04 (beckershospitalreview.com)

Texas sues insulin makers, PBMs: 5 things to know

Texas Attorney General Ken Paxton has filed a lawsuit against major insulin manufacturers and pharmacy benefit managers over an alleged conspiracy to increase i

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FTC Takes Action Ensuring Affordable Insulin for Patients

2024-09-30 (distilinfo.com)

FTC Takes Action Ensuring Affordable Insulin for Patients

FTC sues PBMs over insulin price hikes, alleging anticompetitive practices that raise costs for patients. Learn more about the lawsuit.

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American authorities are cracking down on health insurance funds for cheating with insulin discounts

2024-09-20 (medwatch.dk)

American authorities are cracking down on health insurance funds for cheating with insulin discounts

The US trade authorities, the Federal Trade Commission (FTC), have sued units of CVS Health, Cigna and Unitedhealth for engaging in illegal rebate programs that allegedly drove up insulin prices.

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$20 Million Insurance Cost Rise Spurs Debate on Physician Fraud; Senator Argues Gov't Must Absorb Costs, Not Employees

2024-09-20 (viconsortium.com)

$20 Million Insurance Cost Rise Spurs Debate on Physician Fraud; Senator Argues Gov't Must Absorb Costs, Not Employees

Government employees and retirees can expect nearly $20 million in additional insurance costs for fi...

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Twin Physicians Sentenced to 6.5 Years for $45 Million Healthcare Fraud

2024-09-12 (dmagazine.com)

Twin Physicians Sentenced to 6.5 Years for $45 Million Healthcare Fraud

The pain doctors created fake medical records and mimicked injections with patients to corroborate fraudulent billing that earned them more than $9 million in reimbursement.

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Congressional letter alleges drug price manipulation by Tricare pharmacy manager

2024-07-02 (stripes.com)

Congressional letter alleges drug price manipulation by Tricare pharmacy manager

Members of Congress are asking the Defense Health Agency whether the Tricare pharmacy benefit manager, Express Scripts, a Cigna company, is using its market leverage to raise drug prices and limit competition.

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Ontrak Founder Faces Trial Over Alleged $20M Insider Trading Scheme

2024-06-05 (usaherald.com)

Ontrak Founder Faces Trial Over Alleged $20M Insider Trading Scheme

Ontrak Inc. 's founder rushed to dump over$ 20 million of the healthcare company 's stock using insider information about a souring relationship with its biggest client, Cigna, helping him avoid$ 12 million in losses, prosecutors told California federal jurors Tuesday in a first-of-its-kind

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Dallas Doctors Plead Guilty to $9M Healthcare Fraud Scheme

2024-05-21 (texaslawbook.net)

Dallas Doctors Plead Guilty to $9M Healthcare Fraud Scheme

Drs. Desi Barroga and Deno Barroga admitted to submitting false insurance claims purporting to give patients more than 80 corticosteroid shots in a single visit. In reality, the doctors often mimicked injecting patients by placing a needle on their bodies without piercing their skin.

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Caruso: “The overpass will only be demolished when the underpass has already been built”

2024-05-20 (livornopress.it)

Caruso: “The overpass will only be demolished when the underpass has already been built”

"Phantom Cigna" and underpasses, "National Decisions". "The railway overpass will only be demolished when the underpass has already been built"

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Medicare Advantage fraud in DOJ's crosshairs

2024-02-23 (fiercehealthcare.com)

Medicare Advantage fraud in DOJ's crosshairs

Under the False Claims Act, more than$ 1.8 billion in settlements and judgments was related to health-related matters in the last fiscal year, about two-thirds of the monetary fraud recoveries by t| Health fraud settlements under the False Claims Act exceeded$ 1.8 billion last year, according to the

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