Saturday, April 04, 2009

Senate To Press Health Insurers On Reimbursement

Irate Lawmakers Vow To Press Health Insurers On Reimbursement; CNNMoney

U.S. insurers who reached a multimillion-dollar settlement with New York Attorney General Andrew Cuomo regarding out-of-network reimbursement rates still have to contend with irate U.S. lawmakers who vowed to continue pressing the matter.

Senate Commerce Committee Chairman John D. Rockefeller IV, D-W.Va., criticized the chief executives of UnitedHealth Group (UHG) and its Ingenix Inc. subsidiary at a hearing Tuesday, saying they offered glib testimony that glossed over the firms' role in the rate-setting case.

"I don't know, frankly, how you sleep at night," Rockefeller said.

Comment: Mr. Rockefeller, I would like to know how you sleep at night also...

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