UnitedHealth probe reveals history of pricing questions
The Street, March 13, 2008
Many health insurance companies rely on data supplied by Ingenix--a division of UnitedHealth Group--to establish rates for healthcare provided outside of its own network. Physicians have long complained about the arrangement and accused insurers of conspiring to lower rates for out-of-network services. Now New York Attorney General Andrew Cuomo has furthered the controversy after announcing a sweeping industry-wide investigation specifically focused on out-of-network pricing.