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October 25, 2006 at 02:15 PM
A large managed care company is going after workers who have no access to major medical coverage.
CIGNA HealthCare, a unit of CIGNA Corp., Philadelphia, says it has started marketing the Fundamental Care limited-benefit health plans.
Some of the plans are “mini med” plans that offer just a few thousand dollars in insurance coverage, but CIGNA notes that, in some cases, the program can provide up to $100,000 in insurance coverage.
CIGNA recently bought the business that writes the mini med and medium med plans, Star HRG, Phoenix, from HealthMarkets Inc., North Richland Hills, Texas.
