Chairman Rockefeller Continues Fight for Health Insurance Industry Accountability and Affordable Health Care for Consumers
WASHINGTON, D.C.—John D. (Jay) Rockefeller IV, Chairman of the U.S. Senate Committee on Commerce, Science, and Transportation, sent a letter yesterday to H. Edward Hanway, the CEO of CIGNA, raising serious questions about the way his company spends consumers’ health care premium dollars. The letter details newly released information about the percentage of consumers’ premium dollars that insurance companies spend on medical care, a measure known as the “medical loss ratio.”