Cigna Reaches $540 Million Agreement to Settle Doctors' Suit

Cigna Corp. will pay about $540 million to settle a lawsuit claiming it routinely shortchanged the nation's doctors on payments for their services. The nation's third-largest health insurer also committed to spending $400 million to change its claims processing procedures, sources said. The agreement, subject to preliminary approval today at federal court in Miami, comes without the endorsement of an Illinois physician who led the lawsuit against Cigna.

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