A
Anonymous
Guest
Another Corporate ripoff...Lou Dobbs show had a special on this tonight....These guys along with with several other insurance companies were secretly using a company owned by their parent corporation to do the "independent" research for pricing and paying from this...
Dobbs is reporting this will eventually be found to have ripped off the public all over the country- for possibly Billions $ of profits which the insurance companies pocketed...
I have to agree with him- instead of a $50 million dollar settlement- these folks should be spending 50 years in prison for their greed, fraud, and thefts....
Dobbs is reporting this will eventually be found to have ripped off the public all over the country- for possibly Billions $ of profits which the insurance companies pocketed...
I have to agree with him- instead of a $50 million dollar settlement- these folks should be spending 50 years in prison for their greed, fraud, and thefts....
Millions overcharged for health care?
Jan. 13: One of the nation’s largest health care insurers is paying a hefty settlement after being accused of overcharging millions of patients. NBC’s Jeff Rossen reports.
Today show
By Melissa Dahl, Jeff Rossen and Robert Powell
TODAY
updated 5:51 a.m. MT, Tues., Jan. 13, 2009
One of the nation’s largest health insurers has agreed to pay $50 million in a settlement announced today after being accused of overcharging millions of Americans for health care.
The New York attorney general’s office launched an investigation after receiving hundreds of complaints about Oxford Insurance and its parent company, UnitedHealth Group, which claims to rely on “independent research from across the health care industry” to determine reimbursement rates. In actuality though, it relies on Ingenix, a research firm owned by UnitedHealth Group.
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.
“This is a huge scam that affected hundreds of millions of Americans [who were] ripped off by their health insurance companies,” says Cuomo. “This was unethical, and it robbed vulnerable patients of insurance reimbursements they deserved.”
http://today.msnbc.msn.com/id/28635329/