Cigna says it won IL Medicare-Medicaid contract


Share
Posted Online: Nov. 13, 2012, 5:40 pm
Comment on this story | Print this story | Email this story


BLOOMFIELD, Conn. (AP) — Health insurer Cigna Corp. said Tuesday it will coordinate coverage for Illinois residents who are eligible for both Medicare and Medicaid as part of a three-year contract.

Cigna's HealthSpring unit will be one of six health insurance companies participating in a project for the Illinois Department of Healthcare and Family Services. The companies will try to reduce costs by coordinating Medicare and Medicaid programs for about 118,000 people in six counties in the Chicago area. Cigna said HealthSpring has done business in the Chicago area since January 2005.

Medicare is a federal program that serves the elderly and disabled, and Medicaid is state-run and provides coverage for the poor though state and federal funding. Medicare generally pays for doctor and hospital visits and prescription drugs, while Medicaid typically helps pay for long-term care, such as nursing homes, among other services. The two programs operate independently of each other for the most part, and the lack of coordination between the programs means "dual eligible" members generate outsize expenses.

As a result, government agencies have been looking for ways to better coordinate their care and reduce spending. Humana Inc. announced Monday that it would also participate in the project for the Illinois Department of Healthcare and Family Services.

Cigna bought HealthSpring for $3.8 billion in January.

















 



Local events heading








  Today is Friday, April 18, the 108th day of 2014. There are 257 days left in the year.
1864 -- 150 years ago: A new steamer, Keithsburg, now is at our levee taking on board the balance of her fixtures preparatory to assuming her position on the daily Rock Island and Keokuk line.
1889 -- 125 years ago: C.W. Hawes was appointed deputy county clerk by county clerk Donaldson.
1914 -- 100 years ago: Mrs. O.E. child, of Moline, was named president of the Women's Home Missionary Society of the Methodist Church Rock Island District of the Central Illinois conference.
1939 -- 75 years ago: Augustana College is making plans for a drive for funds to erect a field house and make football field improvements.
1964 -- 50 years ago: A expanded election coverage system featuring a 16-foot chalkboard showing up to the minute running totals, attracted a large and enthusiastic crowd to The Argus newsroom last night.
1989 -- 25 years ago: Balloons frame Rock Island attorney Stewart Winstein who was given a surprise party in the rotunda of the Rock Island County Courthouse on Thursday to honor his 50th year of practicing law.




(More History)