CIGNA
{{#badges: tobaccowiki}} CIGNA is a major U.S. health insurance corporation. According to its website, CIGNA "provides health care and related benefits offered through the workplace. Key product lines include health care products and services (medical, pharmacy, behavioral health, clinical information management, dental and vision benefits, and case and disease management); and group disability, life and accident insurance. In addition, CIGNA also provides life, accident, health and expatriate employee benefits insurance coverage in selected international markets, primarily in Asia and Europe." In 2008, CIGNA reported $19.1 billion in revenues. [1]
Contents
Political and lobbying activities
Political action committee
CIGNA's political action committee (PAC) raised $377,740 and spent $374,884 in the 2008 elections. Among federal candidates, 38% of CIGNA PAC's money went to Democrats and 62% to Republicans in 2008, according to the Center for Responsive Politics. [2]
CIGNA's PAC raised and spent more in previous election cycles. In 2004, the PAC spent $750,765, with 84% of its funding for federal candidates going to Republicans. [3] In 2002, the PAC spent $1,055,501, with 85% of its federal candidate donations going to Republicans. [4]
Lobbying
CIGNA reported spending $450,000 on in-house lobbyists, in the first quarter of 2009 alone. The company also retains outside lobbying firms, including Blank Rome LLP, Heather Podesta & Partners, Nickles Group, and Steptoe & Johnson. [5]
In the first three months of 2009, Blank Rome reported lobbying for CIGNA on "issues related to Medicaid/Medicare, general health insurance issues, sale of health insurance across state lines, health information technology issues, health information privacy issues, pension issues." [6] Over the same time period, Heather Podesta & Partners reported lobbying for CIGNA on Title XIII of the American Recovery and Reinvestment Act of 2009, on "Health Information Technology." The firm also reported that it was "monitor[ing] health care reform proposals" for CIGNA. [7]
Also in the first quarter of 2009, the Nickles Group reported lobbying for CIGNA on the American Recovery and Reinvestment Act of 2009, the Children's Health Insurance Program Reauthorization Act of 2009, "as it relates to state options for premium assistance," as well as House and Senate resolutions "setting forth the Congressional budget for the U.S. Government for FY [fiscal year] 2010, as it relates to health care reform." [8] Over the same time period, the Steptoe & Johnson firm lobbied for CIGNA on what it described as "issues relating to General Health, and Health Care legislation." [9]
In 2006, CIGNA spent $680,000 on lobbying. $120,000 went to two lobbying firms, Blank Rome LLP and Williams & Jensen, with the remainder being spent on CIGNA's in-house lobbyists. [10]
History
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. [11] [12] [13]
Personnel
| Key executives and 2006 pay: [14] | 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 |
Board of Directors
- Robert H. Campbell, Former Chairman and Chief Executive Officer of Sunoco, Inc.
- Isaiah Harris, Jr., Former President of AT&T Advertising & Publishing - East
- Jane E. Henney, Director of AmerisourceBergen Corporation and AstraZeneca PLC, Former Commissioner of the U.S. Food and Drug Administration
Former personnel
- Wendell Potter, former Vice President for Corporate Communications
Contact details
Two Liberty Place
1601 Chestnut Street
Philadelphia, PA 19192
Phone: 215-761-1000
Fax: 215-761-5515
Web: http://www.cigna.com
Articles and resources
Related SourceWatch articles
- Air America Radio
- Health Benefits Coalition
- Insurance industry
- LatinInsights
- Shirley & Banister Public Affairs
References
- ↑ "About us: Investor relations," CIGNA website, accessed June 2009.
- ↑ "CIGNA Corp 2008 PAC Summary Data," OpenSecrets.org, accessed June 2009.
- ↑ "CIGNA Corp 2004 PAC Summary Data," OpenSecrets.org, accessed June 2009.
- ↑ "CIGNA Corp 2002 PAC Summary Data," OpenSecrets.org, accessed June 2009.
- ↑ "CIGNA lobbying spending 2009," OpenSecrets.org, accessed June 2009.
- ↑ "First quarter lobbying report, Blank Rome for CIGNA," Senate Office on Public Records lobbying database, accessed June 2009.
- ↑ "First quarter lobbying report, Heather Podesta & Partners for CIGNA," Senate Office on Public Records lobbying database, accessed June 2009.
- ↑ "First quarter lobbying report, Nickles Group for CIGNA," Senate Office on Public Records lobbying database, accessed June 2009.
- ↑ "First quarter lobbying report, Steptoe & Johnson for CIGNA," Senate Office on Public Records lobbying database, accessed June 2009.
- ↑ CIGNA lobbying expenses, Open Secrets, accessed October 2007.
- ↑ Marc Fisher, "Air America, in the Throes of Victory?", The Washington Post, December 10, 2006.
- ↑ "Air America on Ad Blacklist?", FAIR, October 31, 2006.
- ↑ "Air America Blackout", FAIR.org/ABC memo, October 25, 2006.
- ↑ CIGNA Key Executives, Yahoo Finance, accessed October 2007.
- ↑ Board of Directors, CIGNA, accessed October 2007.
External resources
External articles
<tdo>resource_id=23709 resource_code=cigna search_term=CIGNA</tdo>
