Appeals of CIGNA HealthCare
Agreement with Physicians Are Dropped
Move clears way for implementation of the
settlement

The settlement resolves for CIGNA HealthCare the
issues raised in physician lawsuits challenging the claims payment practices
of the nation's largest managed care companies.
Under the Court-approved settlement, CIGNA HealthCare
is, among other things, offering multiple alternatives for monetary
compensation to physicians who participated in the class action, simplifying
administrative requirements and procedures, and instituting new business
practices intended to make it easier for doctors to work with the company in
meeting the needs of patients.
CIGNA HealthCare also is committing funds to a
foundation governed by representatives of state medical societies. The
foundation will consider funding for a range of health care initiatives such
as expansion of the database of health care information available to patients
and providers, broadening consumer access to cost-effective health insurance
benefits, and enhancing quality patient care.
In addition, CIGNA HealthCare is establishing a
Physician Advisory Committee through which physicians can offer input to CIGNA
on ways to enhance the delivery of health care and maintain a strong,
cooperative relationship between patients, physicians and the company.
Information about the settlement agreement,
including details about business practice innovations and improvements, can be
accessed at
http://www.CIGNAPhysicianSettlement.com.
CIGNA Corporation (NYSE: CI),
headquartered in Philadelphia, and its subsidiaries constitute one of the
largest publicly owned providers of health care, disability, life and accident
insurance benefits in the United States and selected markets around the world.
Web site:
http://www.cigna.com.