Today is Monday, 18th November 2024

NY: Health CEOs Subpoenaed by AG

New York Attorney General Andrew Cuomo’s office has issued subpoenas to eight health insurance company CEO’s, including UnitedHealth Group Inc. Stephen Hemsley, according to media reports.

The measure is an expansion of Como’s investigation into reimbursement practices of health insurers.

The Business Journal previously reported that New York’s attorney general planned to sue Minnetonka-based UnitedHealth Group (NYSE: UNH) and its subsidiary Ingenix, calling the insurer part of an industrywide effort to defraud consumers by manipulating reimbursement rates.

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