Cigna Medicare Sanctions Lifted
Cigna Corp (CI.N), which was prevented from selling new Medicare Advantage health insurance for 18 months, said on Friday the U.S. government was allowing new enrollments starting July 1 after program deficiencies were corrected.
The Centers for Medicare and Medicaid Services suspended the program in January 2016, citing "widespread and systemic" failures that barred patients from accessing medical services.
The government told Cigna in a June 16 letter that it could now market Medicare Advantage as well as its Medicare prescription drug plans, which are available to people aged 65 or older and the disabled.
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