Cigna Group Reaches Settlement with US Regarding Alleged Overcharging of Medicare Advantage Program

Cigna Group Reaches Settlement with US Regarding Alleged Overcharging of Medicare Advantage Program

CompaniesCigna Group ⁢Ins(cigna Corp)FollowCigna GroupFollowWASHINGTON, Sept 30 (Reuters) – ​Health insurer ⁤Cigna Group (CI.N) says it has reached a settlement‍ with the⁤ United States over claims it overcharged the government’s​ Medicare Advantage program by making it appear⁢ patients were⁤ more ill than they actually were.The ‌settlement, reached on Friday, includes a⁢ payment of about $172 million by Cigna. Cigna said it⁤ also will enter into⁢ a corporate integrity agreement with the U.S. Office of⁢ Inspector General.U.S. prosecutors in Manhattan⁢ in October ⁣2022 said Connecticut-based Cigna‍ obtained tens of millions of⁢ dollars in Medicare funds between 2012 and 2019 by submitting false diagnoses ‌for patients⁤ in‍ cases in which providers retained by‍ the⁣ company had not ​conducted the necessary tests.Medicare is a‌ government health​ insurance program for people ages 65 and‍ older.Reporting ‍by ​Paul Grant;⁢ Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles. Acquire Licensing Rights, opens new tab

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