Aetna (NYSE: AET) today issued the following statement in response to the announcement made by the office of New York State Attorney General Andrew Cuomo:
“New York Attorney General Cuomo today announced his intention to file a lawsuit against UnitedHealth Group and its subsidiary Ingenix and plans to subpoena 16 health insurers – including Aetna – as part of an industry-wide investigation into certain provider-payment practices. Aetna intends to cooperate fully in this investigation.
Aetna is committed to transparency so that consumers can make more informed decisions, and has been a leader in the industry in helping our members better understand the costs of physician and other provider services.”
Aetna is one of the nation’s leading diversified health care benefits companies, serving approximately 36.7 million people with information and resources to help them make better informed decisions about their health care. Aetna offers a broad range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, and medical management capabilities and health care management services for Medicaid plans. Our customers include employer groups, individuals, college students, part-time and hourly workers, health plans, governmental units, government-sponsored plans and expatriates. www.aetna.com
Contacts:
Media Contact:
Fred Laberge, 860-273-4788
labergear@aetna.com
or
Investor
Contact:
Jeffrey A. Chaffkin, 860-273-7830
chaffkinj@aetna.com