BLOOMFIELD, Conn., Dec. 10, 2006 /PRNewswire-FirstCall/ -- CIGNA
HealthCare today announced its support of the bipartisan efforts of the
House and Senate to make health care more affordable, accessible and
responsive to the needs of America's consumers.
A bicameral package would, among its provisions, enable consumers to
save more on a tax-free basis for their retirement health care expenses and
enable employers to provide additional assistance to lower-paid workers and
their families.
"Well designed consumer-directed health plans have demonstrably reduced
the cost of health care while maintaining quality, and we applaud the House
and Senate's bipartisan efforts to make these plans more accessible and
responsive to the needs of America's working families," said CIGNA
HealthCare Senior Vice President, Michael Showalter.
CIGNA HealthCare recently completed a year-long analysis of 38,200 new
users of the carrier's consumer-driven health care plans, called CIGNA
Choice Fund(SM), that showed these members are becoming more
cost-conscious, but are not sacrificing recommended care to save money and
are also benefiting financially. Key findings from the analysis show that:
* CIGNA Choice Fund is helping to control costs -- Costs for CIGNA Choice
Fund HRA and HSA members decreased and were about 16 percent lower than
costs for those enrolled in traditional plans;
* Cost-shifting did not occur -- Member out-of-pocket costs decreased for
CIGNA Choice Fund HRA members when compared to the prior year;
* Members continued to receive appropriate care -- CIGNA Choice Fund HRA
and HSA members increased their use of preventive care services, health
care quality was maintained on hundreds of measures of evidence-based
medicine, and use of medications that support chronic conditions
increased, signaling that members are not foregoing needed care;
* Consumers are becoming more engaged -- Consumers report increased
awareness and engagement in managing their health care as compared to
two years ago.
A summary of this analysis is available on the CIGNA.com Web site:
http://cigna.mediaroom.com/file.php/100/804096b+4pgFinal.pdf.
According to Showalter, the legislation would make consumer health
coverage more affordable, accessible and flexible by allowing people to
contribute more to their HSAs and allowing one-time rollovers from IRA, FSA
and HRA funds into an HSA, among other provisions.
About CIGNA HealthCare
CIGNA HealthCare, headquartered in Bloomfield, CT, provides medical
benefits plans, dental coverage, behavioral health coverage, pharmacy
benefits and products and services that integrate and analyze information
to support consumerism and health advocacy. "CIGNA HealthCare" refers to
various operating subsidiaries of CIGNA Corporation (NYSE: CI). Products
and services are provided by these operating subsidiaries and not by CIGNA
Corporation.
SOURCE CIGNA HealthCare
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Related links: http://www.cigna.com http://cigna.mediaroom.com/file.php/100/804096b+4pgFinal.pdf
http://www.prnewswire.com/comp/165050.html/
CONTACT: Joseph Mondy of CIGNA HealthCare, +1-860-226-5499, joseph.mondy@cigna.com
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