Cuomo to Sue UnitedHealth, Probe Reimbursement Policy

[Celebration]

http://www.bloomberg.com/apps/news?pid=20601087&sid=ad1Q46KKR2Tg&refer=home

Feb. 13 (Bloomberg) -- New York Attorney General Andrew Cuomo will sue UnitedHealth Group Inc. and subpoena 16 other health insurers to investigate ``dishonest'' reimbursement practices industrywide.

Cuomo said he plans to sue Minnetonka, Minnesota-based UnitedHealth, the largest U.S. health insurer, over practices that limit reimbursements to customers by claiming their medical charges were unreasonably high. Cuomo accused UnitedHealth of a conflict of interest in how it set limits on repayments.

``When insurers like United create convoluted and dishonest systems for determining the rate of reimbursement, real people get stuck with excessive bills and are less likely to seek the care they need,'' Cuomo said in a statement today.

UnitedHealth touched $44 after Cuomo's announcement, its lowest price in a year. It fell 5.5 percent, or $2.67, to $45.60 at 12:53 p.m. in New York Stock Exchange composite trading.

[hobbit709]

1. Good! They need to get reamed.

My wife is with United. They decided that a Diabetes Management class was "Major Medical" instead of "Diabetes Maintenance" so instead of a $30 copay it was part of the $1000 deductible. The class cost $450.

[fed-up]

2. and let the accountability games begin-maybe there is HOPE! k/r

[rurallib]

3. Finally - these bastards have been getting away with fraud

forever.