The Hospital of Central Connecticut and CIGNA have reached a contract agreement, allowing the hospital to remain in the insurer’s network.
The hospital had been poised to leave CIGNA’s network next month if they did not reach an agreement. The two sides were in talks for more than a year.
The hospital had said it was seeking payments that were “well within CIGNA’s ability to absorb given their significant profit levels.” CIGNA said the majority of its clients are self-funded–meaning they pay medical claims–and said the hospital was seeking “higher than market compensation.”
Hospital of Central Connecticut spokeswoman Helayne Lightstone said she could not comment Thursday on the details of the agreement, but said it was “satisfactory to both CIGNA and the hospital.”
“We’re delighted that patients will continue to have uninterrupted, in-network access to the hospital,” she said.
CIGNA spokeswoman Gwyn Dilday said, “We are really pleased that we were able to come to an agreement with this hospital that will keep this facility and its affiliated doctors in our network.”