Difference between revisions of "CIGNA"

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'''CIGNA''' (Health insurance provider)
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'''CIGNA Corporation''' is a large U.S. health insurance company covering more than 9 million people. It also offers dental, vision, pharmacy, and behavioral health insurance as well as group accident, life, and disability insurance. Cigna also sells health insurance in Asia, Europe, and [[Chile]], and it sells coverage to expatriate employees of multi-national corporations.
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<ref>[http://www.hoovers.com/cigna/--ID__10259--/free-co-factsheet.xhtml CIGNA Profile], ''Hoovers'', accessed October 2007.</ref>
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==Ad boycott against Air America Radio==
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CIGNA refused to advertise on the progressive [[Air America Radio]]. In October 2006, around 90 companies, including CIGNA, told [[ABC Radio Networks]] that they did not want their ads to play on radio stations that carried Air America Radio.
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<ref>Marc Fisher, "[http://www.washingtonpost.com/wp-dyn/content/article/2006/12/08/AR2006120800295.html Air America, in the Throes of Victory?]", ''The Washington Post'', December 10, 2006.</ref>
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<ref>"[http://www.fair.org/index.php?page=2983 Air America on Ad Blacklist?]", ''FAIR'', October 31, 2006.</ref>
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<ref>"[http://www.fair.org/images/ABCmemo.pdf Air America Blackout]", ''FAIR.org/ABC memo'', October 25, 2006.</ref>
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 +
==Political contributions==
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CIGNA gave $276,720 to federal candidates in the 2006 election through its [[political action committee]] - 17% to [[Democrats]] and 80% to [[Republican Party (USA)|Republicans]].
 +
<ref>[http://www.opensecrets.org/pacs/lookup2.asp?strID=C00085316 2006 PAC Summary Data], ''Open Secrets'', accessed October
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2007.</ref>
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==Lobbying==
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The company spent $680,000 for [[lobbying]] in 2006. $120,000 went to the two [[lobbying firms]], [[Blank Rome LLP]] and [[Williams & Jensen]], with the remainder being spent using in-house lobbyists.
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<ref>[http://www.opensecrets.org/lobbyists/clientsum.asp?year=2006&txtname=Cigna+Corp CIGNA lobbying expenses], ''Open Secrets'', accessed October 2007.</ref>
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==Personnel==
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<table border="0">
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<tr>
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  <td valign="top">Key executives and 2006 pay:
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<ref>[http://finance.yahoo.com/q/pr?s=CI CIGNA Key Executives], ''Yahoo Finance'', accessed October 2007.</ref></td>
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  <td>&nbsp;&nbsp;</td>
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  <td>&nbsp;&nbsp;</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">Options<br />exercised</td>
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</tr>
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<tr>
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  <td>[[H. Edward Hanway]], Chairman and Chief Executive Officer</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$12,350,000</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$14,440,000</td>
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</tr>
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<tr>
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  <td>[[Michael W. Bell]], Chief Financial Officer</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$4,300,000</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$2,000,000</td>
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</tr>
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<tr>
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  <td>[[David M. Cordani]], President of CIGNA HealthCare</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">N/A</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">N/A</td>
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</tr>
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<tr>
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  <td>[[Paul E. Hartley]], President of CIGNA International</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$1,750,000</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$1,000,000</td>
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</tr>
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<tr>
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  <td>[[John M. Murabito]], Executive Vice President of HR and Services</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$1,980,000</td>
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  <td>&nbsp;&nbsp;</td>
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  <td align="right">$961,000</td>
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</tr>
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</table>
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Selected members of the Board of Directors:
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<ref>[http://www.cigna.com/about_us/governance/board.html Board of Directors], CIGNA, accessed October 2007.</ref>
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*[[Robert H. Campbell]], Former Chairman and Chief Executive Officer of [[Sunoco]], Inc.
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*[[Isaiah Harris, Jr.]], Former President of [[AT&T]] Advertising & Publishing - East
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*[[Jane E. Henney]], Director of [[AmerisourceBergen]] Corporation and [[AstraZeneca]] PLC, Former Commissioner of the [[U.S. Food and Drug Administration]]
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==Contact details==
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Two Liberty Place<br>
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1601 Chestnut Street<br>
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Philadelphia, PA 19192<br>
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Phone: 215-761-1000<br>
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Fax: 215-761-5515<br>
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Web: http://www.cigna.com
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==References==
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<references />
  
 
<tdo>resource_id=23709
 
<tdo>resource_id=23709
 
resource_code=cigna
 
resource_code=cigna
 
search_term=CIGNA</tdo>
 
search_term=CIGNA</tdo>
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[[Category:Tobacco documents organizations]]
 
[[Category:Tobacco documents organizations]]
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[[Category:Health]]
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[[Category:Corporations]][[Category:Health]][[Category:Insurance industry]]
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[[Category:United States]]

Revision as of 11:07, 13 October 2007

Tobaccospin.jpg

This article is part of the Tobacco portal on Sourcewatch funded from 2006 - 2009 by the American Legacy Foundation.

CIGNA Corporation is a large U.S. health insurance company covering more than 9 million people. It also offers dental, vision, pharmacy, and behavioral health insurance as well as group accident, life, and disability insurance. Cigna also sells health insurance in Asia, Europe, and Chile, and it sells coverage to expatriate employees of multi-national corporations. [1]

Ad boycott against Air America Radio

CIGNA refused to advertise on the progressive Air America Radio. In October 2006, around 90 companies, including CIGNA, told ABC Radio Networks that they did not want their ads to play on radio stations that carried Air America Radio. [2] [3] [4]

Political contributions

CIGNA gave $276,720 to federal candidates in the 2006 election through its political action committee - 17% to Democrats and 80% to Republicans. [5]

Lobbying

The company spent $680,000 for lobbying in 2006. $120,000 went to the two lobbying firms, Blank Rome LLP and Williams & Jensen, with the remainder being spent using in-house lobbyists. [6]

Personnel

Key executives and 2006 pay: [7]          Options
exercised
H. Edward Hanway, Chairman and Chief Executive Officer    $12,350,000    $14,440,000
Michael W. Bell, Chief Financial Officer    $4,300,000    $2,000,000
David M. Cordani, President of CIGNA HealthCare    N/A    N/A
Paul E. Hartley, President of CIGNA International    $1,750,000    $1,000,000
John M. Murabito, Executive Vice President of HR and Services    $1,980,000    $961,000

Selected members of the Board of Directors: [8]

Contact details

Two Liberty Place
1601 Chestnut Street
Philadelphia, PA 19192
Phone: 215-761-1000
Fax: 215-761-5515
Web: http://www.cigna.com

References

  1. ↑ CIGNA Profile, Hoovers, accessed October 2007.
  2. ↑ Marc Fisher, "Air America, in the Throes of Victory?", The Washington Post, December 10, 2006.
  3. ↑ "Air America on Ad Blacklist?", FAIR, October 31, 2006.
  4. ↑ "Air America Blackout", FAIR.org/ABC memo, October 25, 2006.
  5. ↑ 2006 PAC Summary Data, Open Secrets, accessed October 2007.
  6. ↑ CIGNA lobbying expenses, Open Secrets, accessed October 2007.
  7. ↑ CIGNA Key Executives, Yahoo Finance, accessed October 2007.
  8. ↑ Board of Directors, CIGNA, accessed October 2007.

<tdo>resource_id=23709 resource_code=cigna search_term=CIGNA</tdo>

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