$93 Million Class Action Lawsuit Settlement by Cigna Corp
A class action lawsuit which was filed in the United States District Court in Philadelphia, against Cigna Corp, an insurance company, by the Pennsylvania State Employees’ Retirement System, has been agreed to be settled for $93 million.
Shareholders contended that the company had hidden major problems with a new computer system it installed to handle claims. When the problem came to light, shares plunged, the suit said.
Cigna admitted no wrongdoing in making the settlement. It will take a $25 million fourth-quarter charge for defense costs and other expenses not covered by insurance. The company said the charge would not affect 2006 adjusted income from operations.
Filed under Class Action, General Law, Settlements
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April 6th, 2007 at 5:07 am
What about the thousands of innocent Cigna Victims?
Please believe me not every victim gets justice, and without a proper legal system to keep this in line there will be more people like me. You only really know when you get there.
I felt compelled to write my story. When I see this name Cigna I still shudder, but I have somehow learned to live with it for now. It has been over 10 years now and I had subscribed to Cigna HMO for healthcare for almost 10 years. I was enrolled and treated in their No. Hollywood wholly owned clinic in California. I thought this was a wonderful company until I got sick and needed treatment. For two years Cigna abused me, and only when I went to outside doctors and paid for it did I learn I had lung cancer, and I went on to prove they knew I was ill and they were simply not going to treat me and let me die. I went to the newspapers and fought them, got treatment and thank God somehow I survived.
It is a long story. I never did get legal justice because I refused to arbitrate with these criminals, and then they asked the arbitrator to have me pay their legal fees. He refused and said everyone will pay their own legal costs. That day the Judge/Arbitrator said to me, “don’t give up, learn to integrate it into your life, you cannot make this your life, but do not give up,” and I know inside his heart broke for me.
You bet your bottom dollars these people are, make no mistake criminals, and somehow they are still making a dollar on other people’s pain. However, I am sure justice will come.
Finally and importantly, I still have the response they filed over 10 years ago, that even if they committed Fraud or a crime they could still compel Arbitration. A sad state of affairs don’t you think?
May 3rd, 2007 at 12:30 am
Testimony Senate Rules Committe Hearing State of California Monday May 12th,1997 at 2.03PM State of California
I have come to share my experiences with you. The Department of Corporations is failing in its regulatory function, and my familys experience illustrates that. And my own personal experience with Cigna Healthcare will illustrate how consumers are being abused, and how the Department of Corporations is turning a blind eye.
My experience with Cigna began with the abuse of my parents, and in turn they perpetrated that abuse against every member of my family. When I was sick and needed a physician they would send me out on an appointment, and I would be humiliated because most often the physician where they sent me was not expecting me. As a result Cigna sent me a letter saying that I could choose my own physician and they would pay for the medical care. They did this once and then they did not pay for the medical care, and I was threatened by collection agencies that I would be sued if I did not pay the bill. Cigna also said that I could choose a doctor of my choice in my place of residence Santa Barbara, and this never happened. Cigna assigned me a dostor in Santa Barbara but when I was sick and wanted to make an appointment and I called the doctor she never returned my calls. When we contacted the doctors office they said they did not work with Cigna anymore, because Cigna would not make referrals when specialists were needed.
Last year I needed specialty care, and during the procedure the doctor said I needed a Biopsy. He had to stop in the middle and get authorization from CIGNA to continue. The doctor said the two procedures were linked and he had never been expected to perform MEDICINE in this way before. After this procedure when I complained to the Department of Corporations about this Cigna denied the accusationsand responded that the doctor was mistaken. Since that time the doctor came forward to his Legislator in Santa Barbara he stated he performed the Biopsy without their authorization,and my account of the incident was correct. The doctor said I needed follow up every 90 days as this was a pre cancerous condition. Cigna said if I needed this specialty care I needed to go through the primary care doctor to make sure I needed it, and they in turn assigned me a primary care Doctor in Santa Maria, not even in the same County, and more that an hour from my residence.
I am a student I go to UC Santa Barbara, and I do not have transportation. It is just not a viable option., and the Department of Corporations instead of assisting me, had the person at Cigna that was responsible for harassing me and obstructing my treatment call me again.