By Greg Bordonaro, Liese Klein
Years after abandoning Connecticut’s small group insurance market, Bloomfield-based Cigna is preparing to launch a new health plan in the state targeted at employers with 50 or fewer workers.
Cigna is seeking regulatory approval from the Connecticut Insurance Department to begin offering a new small group plan in partnership with New York-based Oscar, an insurance-technology company that launched in 2012 to originally target the individual insurance market.
The two have joined forces to offer a new fully-insured health plan called “Cigna + Oscar.” The insurance product is relatively new, officially debuting nationally last year in just a few markets.
Michael Oates
Special to the USA TODAY Network
COVID-19 is our economy’s biggest challenge. Patient care and vaccine distribution are part of the solution.
Throughout the pandemic, healthcare providers, including Montefiore Healthcare System, have been on the front lines putting patients first by providing unparalleled medical support. Providers have prioritized critically needed care, safeguarded patients by working in personal protection equipment and have bravely endured long, difficult hours. Hospitals face financial challenges that would ruin most global businesses, yet they persevere and do the right thing for residents.
The same cannot be said for United Healthcare. For months, Montefiore and United Healthcare have been in contract negotiations affecting the medical insurance of 60,000 Hudson Valley and Bronx patients. United Healthcare has not considered their well-being, instead prioritizing making money on the backs of these patients and providers.