UnitedHealthGroup has agreed to a $50 million settlement after an investigation by the NY Attorney General's office pursuant to " hundreds of complaints about Oxford Insurance and its parent company UnitedHealthGroup" revealed that it "relied on Ingenix, a research firm owned by UnitedHealthGroup" to come up with reimbursement rates, according to MSNBC.
New York Attorney General Andrew Cuomo says Ingenix has been manipulating the numbers so insurance companies pay less. In a just-released report, he contends that Americans have been “under-reimbursed to the tune of at least hundreds of millions of dollars.” Although UnitedHealth Group and Oxford Insurance were the only entities investigated, other major insurers use Ingenix, including Aetna, CIGNA and WellPoint/Empire BlueCross BlueShield.
More insurers are under investigation.
2 comments:
My insurance company is one of these and yes, it doesn't always reimburse me, leaving me with a lot of medical debt.
Frida- Let's hope there's some action taken that helps consumers with this situation. It's unconscionable that the check and balance that's supposed to be used was circumvented.
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