Affected policyholders include those with off-exchange individual and family medical preferred provider organization plans. Individual and family dental plans will not be affected by the change.
The company’s individual business in Connecticut, which has a small customer base, is unsustainable, the payer said. The most recent data from the state insurance department shows Cigna has 568 individual plan holders in Connecticut, according to a Hartford Business Journal report.
More articles on payer issues:
Children’s Minnesota out of network with BCBS; 66k policyholders affected by contract dispute
11 payer-provider contract disputes, resolutions in June
Why Geisinger stays in the ACA exchanges, Aetna and Medtronic team up & more — 13 payer key notes
At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.
