"Managed Care Update"

Insurers Dropping Medicare HMO Programs in Various Regions

Meanwhile, Pacificare teams up with Compaq to buy e-commerce company targeting seniors

Several of the nation’s largest health insurance companies will cease offering Medicare HMOs in certain regions of the United States.

Almost 800,000 of the nature’s seniors will be dropped from Medicare +Choice plans as Aetna/US Healthcare, Foundation Health Systems, Oxford Health Systems, Cigna, and Pacificare withdraw their Medicare HMO programs in specific regions around the nation.

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