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Jun 28, 2012
06/12
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david cordani, let me ask you how does the health care legislation impact cigna?> it doesn't significantly. we're a global health service company. and very importantly partnering with physicians, so we're focussed on improving health and value for our customers. that's playing well for us and very well with our employer clien clien clients striving to get the best value. >> how will you insure 30 million additional people? >> we're focused on making sure there's good continuity of service and clarity for our customers with all of the change happening in the marketplace. and we're investing in innovative health care programs to make sure people get the best quality health care, and third, while we're large in the individual market outside of the u.s., outside of the united states, in the u.s. we're not a large individual player. we invested in capabilities and now we he will be able to bring new solutions forward based on the exchanges. and tie very closely with the best value and the local markets. >> i realize that everyone wants to stick to their talking points
david cordani, let me ask you how does the health care legislation impact cigna?> it doesn't significantly. we're a global health service company. and very importantly partnering with physicians, so we're focussed on improving health and value for our customers. that's playing well for us and very well with our employer clien clien clients striving to get the best value. >> how will you insure 30 million additional people? >> we're focused on making sure there's good continuity...
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Jun 29, 2012
06/12
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LINKTV
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he had been chief spokesperson for cigna and worked for humana and wrote, "deadly spin: an insurancepany insider speaks out on how corporate pr is killing health care and deceiving americans." >> what happened yesterday and my view is a huge victory for americans. dr. flowers and dr. fein are both friends of mine, but we're living in a fantasy world if we think it is possible for us to stop making this political. we live in a political world. i have others say in the past -- heard others say in the past that we need a separate policy from politics, and that is not the way the world operates. the people i used to work for, the insurance industry and other special interests, are so entrenched in washington that they control the political agenda. you cannot separate politics from policy. we can view this as a glass half empty and say this is bad if we want to, but it brings people into coverage who would not have coverage otherwise. i have met people who have thanked me for what i have done and said they are alive today already because the affordable care act. to me, if one person is al
he had been chief spokesperson for cigna and worked for humana and wrote, "deadly spin: an insurancepany insider speaks out on how corporate pr is killing health care and deceiving americans." >> what happened yesterday and my view is a huge victory for americans. dr. flowers and dr. fein are both friends of mine, but we're living in a fantasy world if we think it is possible for us to stop making this political. we live in a political world. i have others say in the past --...
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Jun 11, 2012
06/12
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. >> tom: what about the diversified insurers not only focused on medicaid but aetna, cigna, coventry, a wide array of insurance group what is the impact if the law gets struck down. >> it's really interesting. these guys are actually on the other end. so if the law gets struck down in the immediate aftermath they are going to see a 10% jump in their stock that is according to a couple of analysts i've spoke tone. >> tom: that is a pretty significant jump here. the individual mandate of course is to some degree at the heart of this debate. a company like wellpoint has a good -- in the individual and small business market. what could be the impact. >> wellpoint there are about 30% of the people enrolled with wellpoint who are either individual or small groups. the funny thing is though that even if it gets struck down they're going to be okay because they're so diversified that these 30% of people enrolled with them and you know individuals, it really is not that big of a profit tow end of the week. >> because not as much of a profit from the big groups, for instance. what about exposu
. >> tom: what about the diversified insurers not only focused on medicaid but aetna, cigna, coventry, a wide array of insurance group what is the impact if the law gets struck down. >> it's really interesting. these guys are actually on the other end. so if the law gets struck down in the immediate aftermath they are going to see a 10% jump in their stock that is according to a couple of analysts i've spoke tone. >> tom: that is a pretty significant jump here. the individual...
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Jun 14, 2012
06/12
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CSPAN3
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cigna has 500 employees, big international insurance firm. and those 500 employees in de-serve the spa skrrks insurance and emergency evacuation services for hundreds of xpacs around the world. the average number of languaging spoken about the people in delaware is one, the average number of languages spoken by people in belgium was three. if we want to make sure that our state's at the top of the list, we got to make sure that for those kinds of businesses, our folks can actually speak in other languages. that's not what has driven the job growth over the last couple of years, but i think looking forward, it is one thing that i think people aren't thinking about. but more than anything else right now, it's about that attitude and businesses knowing that you will do whatever it takes to facilitate their success. >> a lot of people around the country ask me, you must not be telling the truth when you say your unemployment rate is 3.9%. the fact of the matter is it's a remarkable statistic and we're very, very proud of it. and they're like, how
cigna has 500 employees, big international insurance firm. and those 500 employees in de-serve the spa skrrks insurance and emergency evacuation services for hundreds of xpacs around the world. the average number of languaging spoken about the people in delaware is one, the average number of languages spoken by people in belgium was three. if we want to make sure that our state's at the top of the list, we got to make sure that for those kinds of businesses, our folks can actually speak in...
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the law here to answer that is wendell potter former vice president of corporate communications at cigna turned health care industry whistleblower and author of the book deadly spin wendell welcome to you tom good to have you back with us to begin with what's your take on supreme on the supreme court ruling today. was a big victory for americans i think there's no doubt about that and i know that song. some single payer advocates and i think a majority of those are not too happy about it they are certain that they were hoping it would be declared unconstitutional i think that would have been a very bad mistake so i think we've had a great victory here and this will bring a lot of people into coverage who haven't been able to get coverage before people already are are benefiting from it and if we had even been declared unconstitutional we'd be back to where we want if not worse and if we lived in a you know an ideal situation or ideal. political world maybe we could just have single payer and acted but that's just not the way the real world operates yeah especially when the republicans co
the law here to answer that is wendell potter former vice president of corporate communications at cigna turned health care industry whistleblower and author of the book deadly spin wendell welcome to you tom good to have you back with us to begin with what's your take on supreme on the supreme court ruling today. was a big victory for americans i think there's no doubt about that and i know that song. some single payer advocates and i think a majority of those are not too happy about it they...
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Jun 4, 2012
06/12
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. >> watch cigna in terms of what is going on with the supreme court.he 4% dividend yield as well as the great performance. that is two great reasons. >> a lot of chatter tort on services. >> trending right now. one stock that traders don't seem to be a fan of, getting slapped with a downgrade on to our tweets. financial traders saying broke out on heavy volume. get short as the steps for lower prices. >> you are shaking your head no. >> the people's pank of china, that is going to happen in the second half of the year. >> and it's on sale right now. they have a lot of exposure over in china. exposure with the koernl over there? >> we disagree. >> thank you. >> our next trade. global concerns driving oil. gold is getting a boost in recent days, though. more on commodities. which are you watching specifically today? we saw a rang from 15.45. just like dr. j. and his brother, we like to focus on the minors. specifically the jr.s, the folks who can play that the gdxj. the jr. minors, the cheapest it has been. >> if you think gold is going higher, why would
. >> watch cigna in terms of what is going on with the supreme court.he 4% dividend yield as well as the great performance. that is two great reasons. >> a lot of chatter tort on services. >> trending right now. one stock that traders don't seem to be a fan of, getting slapped with a downgrade on to our tweets. financial traders saying broke out on heavy volume. get short as the steps for lower prices. >> you are shaking your head no. >> the people's pank of china,...
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Jun 3, 2012
06/12
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>> guest: my favorite fao inventor is between the two what they did so cigna began. vladimir by doing alexander graham bell's dryness has the foundation of telecommunications and electronics. modern life could not exist without artificial life his invention is important and it impacted so many liveswe through the science of blood typing. that is an important contribution worldwide. sorry i don't have time tosorr answer all three. >> host: go-ahead. >> >> caller: could you talk about the above will show -- soldiers and alsowe cout american history? >> the buffalo soldiers with westward expansion was a key element for us to become a world power. so to utilize all of the land of what it is comprised of.to do it took people to map theroa, te roads and telegraph lines with the best place to live and it is accompanied byforces that our forces and the calgary.e still look at the efforts of the buffalo soldiers named whout how we became a great nation in. so many of your titles are biographies. why are you attracted to people? most people don't envision and black americans d
>> guest: my favorite fao inventor is between the two what they did so cigna began. vladimir by doing alexander graham bell's dryness has the foundation of telecommunications and electronics. modern life could not exist without artificial life his invention is important and it impacted so many liveswe through the science of blood typing. that is an important contribution worldwide. sorry i don't have time tosorr answer all three. >> host: go-ahead. >> >> caller: could...
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Jun 12, 2012
06/12
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we reached out to a former vice president of cigna and noted whistleblower wendell potter. this is what he had to say. "this is a carefully orchestrated pr campaign to get lawmakers to think they'll do the right thing without the affordable care act. they're anticipating the supreme court will rule the individual mandate unconstitutional leaving the rest of the law to go forward. that is the insurers' worst nightmare. they're laying the groundwork to get congress to think the consumer protections in the law can and should be repealed." these are private companies. their missions is to make as much money as possible. for example, united health group made $8.5 billion in profit last year. so they could keep these provisions in place and lose money. or they could do away with them and push those profits even higher. no one knows. what to you think they're going to do? tonight in our survey, i asked you, does mitt romney really believe public servants are the problem? 91% say yes. 9% say no. >>> coming up, former florida governor jeb bush says there would be no place for his fa
we reached out to a former vice president of cigna and noted whistleblower wendell potter. this is what he had to say. "this is a carefully orchestrated pr campaign to get lawmakers to think they'll do the right thing without the affordable care act. they're anticipating the supreme court will rule the individual mandate unconstitutional leaving the rest of the law to go forward. that is the insurers' worst nightmare. they're laying the groundwork to get congress to think the consumer...
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Jun 26, 2012
06/12
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i'm joined by wendell potter and vice president of cigna, now with the center for public integrity and author of the book "deadly spin." good to have you with us tonight. those really are the three basic choices that are available here to the court. if the court strikes down the individual mandate, but not the requirement on pre-existing their friends in congress and the administration to gut the rest of the bill. people who need coverage, and that will mean the premiums will go up for the rest of us. the insurance industry has a campaign already ready to go in case the individual mandate is declared unconstitutional to persuade all of us and lawmakers it can't work. >> they have also spent a ton of money telling the american people it's a lousy law, and that's had an effect on many circles. what is the best possible outcome as you see it? >> for the whole law to be upheld. even if it is upheld, we know the opponents of reform will still spend an enormous amount of money to weaken the law, to get the consumer protections stripped out, but the best case scenario for consumers, for avera
i'm joined by wendell potter and vice president of cigna, now with the center for public integrity and author of the book "deadly spin." good to have you with us tonight. those really are the three basic choices that are available here to the court. if the court strikes down the individual mandate, but not the requirement on pre-existing their friends in congress and the administration to gut the rest of the bill. people who need coverage, and that will mean the premiums will go up...
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Jun 28, 2012
06/12
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lower by more than the rest of the market down by more than 1% for the lights of cigna, aetna, unh andthat might tell you is that the individual mandate will be upheld. in other words, hospital will get a higher amount of reimbu e reimbursemen reimbursements. more regulation of how they set their prices for sick people, in charge of not being able to charge more. that's what it's telling us at least right now. who knows. >> unh very strong performer. could have gone the other way. the markets have been so wrong on big events. >> that's true. you don't know. >> i mean, the line, and the so-called line in sports is so much more rigorous that the lines. >>> meanwhile, in washington, crowds on each side of the debate gathering outside the supreme court as nine justices are expected to issue the ruling today on the affordable health care act. joining us outside the court, hampton pearson who was watching this -- watching for a decision on monday as well. definitely getting today, hampton. good morning. >> that's the only certainty we have, carl, is we will, in fact, finally get a ruling fro
lower by more than the rest of the market down by more than 1% for the lights of cigna, aetna, unh andthat might tell you is that the individual mandate will be upheld. in other words, hospital will get a higher amount of reimbu e reimbursemen reimbursements. more regulation of how they set their prices for sick people, in charge of not being able to charge more. that's what it's telling us at least right now. who knows. >> unh very strong performer. could have gone the other way. the...
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Jun 28, 2012
06/12
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insurers, some of them etna, cigna down today. united health care a little bit.boost here. hca holdings. tenet healthcare. hospital stocks seem to benefit because their debt will be lowered by the benefits of this bill, shep? >> shepard: gerri willis from the biz live in d.c. tonight. thanks. court watchers have said for weeks that justice kennedy would be the swing vote here. everybody thought that, it seemed. but in the end it was the conservative chief justice john roberts who swung the court in the president's favor. some observers say justice roberts handed the white house a big boost in this election year. john roberts claims he pays no attention to politics. and back in 2005, at his confirmation hearing justice roberts said judges are like umpires. umpires don't make the rules. they apply them. >> nobody ever went to a ballgame to see the umpire. i will remember that it's my job to call balls and strikes and not to pitch or bat. >> shepard: by the way, it's the second time in just days that the roberts-led court upheld this administration's position. on mo
insurers, some of them etna, cigna down today. united health care a little bit.boost here. hca holdings. tenet healthcare. hospital stocks seem to benefit because their debt will be lowered by the benefits of this bill, shep? >> shepard: gerri willis from the biz live in d.c. tonight. thanks. court watchers have said for weeks that justice kennedy would be the swing vote here. everybody thought that, it seemed. but in the end it was the conservative chief justice john roberts who swung...
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Jun 16, 2012
06/12
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cigna has 500 employees in delaware who serve the expatriate market for hundreds of thousands of around the world. they have this unit in delaware and a similar one in belgium. the average number of languages spoken by the people in belgium is 3. part of our job is to make sure when companies are deciding when to hire their next employees, our state is at the top of the list. we have to make sure for those businesses, our folks can speak in other languages. i think in terms of looking forward, it is one thing that maybe people are not thinking about. it is about that attitude and knowing he will do whatever it takes to facilitate their success. >> a lot of people around the country and ask me you must not be telling the truth when you're unemployed rate is 3.1%. we are very proud of it. how did you do that? that cannot be possible? let me share a few things with you. we have focused on four issues. it all starts on a fundamental principle that we believe in nebraska. we do not spend money we do not have. we passed the largest tax relief package in the history of the state. we balance ou
cigna has 500 employees in delaware who serve the expatriate market for hundreds of thousands of around the world. they have this unit in delaware and a similar one in belgium. the average number of languages spoken by the people in belgium is 3. part of our job is to make sure when companies are deciding when to hire their next employees, our state is at the top of the list. we have to make sure for those businesses, our folks can speak in other languages. i think in terms of looking forward,...
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Jun 28, 2012
06/12
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united health, cigna, and aetna, they're all down as well.mpanies are also heavily exposed to medicaid. health care reform actually cut their medicare reimbursements. and what it also did was institute a situation where these insurers have spend more of their premium money on actual medical claims. candy? >> alison kosik on wall street for us, thank you very much. >> sure. >>> coming up, more reaction to the supreme court's big decision today on your health care. people with a machine. what ? customers didn't like it. so why do banks do it ? hello ? hello ?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello ? ally bank. no nonsense. just people sense. >>> we're getting reaction from the medical community to the landmark decision by the supreme court, upholding president obama's health care law. the american medical association, the ama, had this to say. "we are pleased that this decision means millions of americans can look forward to the coverage they need to get healthy and stay healthy." and the american canc
united health, cigna, and aetna, they're all down as well.mpanies are also heavily exposed to medicaid. health care reform actually cut their medicare reimbursements. and what it also did was institute a situation where these insurers have spend more of their premium money on actual medical claims. candy? >> alison kosik on wall street for us, thank you very much. >> sure. >>> coming up, more reaction to the supreme court's big decision today on your health care. people...
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Jun 13, 2012
06/12
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i'm not a conspiratorial person but you write in your book, leaders of cigna, humana, united health wellpointd to understand that. when the supreme court ruled that corporations have the same equal rights as individuals and when they ruled that money is free speech, that was the lowest day in our country's history in my opinion. i would like to see this, the next time a guy robs the bank, he should use free speech as his defense. say i was just practicing free speech. the supreme court said that money is free speech. >> stephanie: yep. absolutely. here you have one of the major candidates saying no, corporations are people. >> yeah, right. >> you know what? if they elect mitt romney, they're getting gordon gecko. because what bain or whoever it was he worked for in the private sector, that's exactly what their job was. they were hostile corporate takeover. they take over companies. they would shred them and make huge profits and send everybody to the unemployment line and yet he's going to tell us he knows how to create jobs. he only knows the jobs he creates are in-line jobs. >> stephanie: b
i'm not a conspiratorial person but you write in your book, leaders of cigna, humana, united health wellpointd to understand that. when the supreme court ruled that corporations have the same equal rights as individuals and when they ruled that money is free speech, that was the lowest day in our country's history in my opinion. i would like to see this, the next time a guy robs the bank, he should use free speech as his defense. say i was just practicing free speech. the supreme court said...
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Jun 28, 2012
06/12
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CNBC
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cigna ceo, former dnc chairman, texas congressman and top health care analysts here to help steer your investments and make smart money. it's all on "squawk box" starting tomorrow at 6:00 a.m.er and. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. so you can kill bugs inside, and keep bugs out. guaranteed. this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then, some said, we lost our edge. well today, there's a new new york state. one that's working to attract businesses and create jobs. a place where innovation meets determination... and businesses lead the world. the new new york works for business. find out how it can work for yours at thenewny.com. [ engine turns over ] [ male announcer ] we created the luxury crossover and kept turning the page, this is the next chapter for the rx and lexus. this is the pursuit of perfection. u >>> good morning. welcome back to "squawk box". let's get now to today's national weather forecast, alex wallace joining us from the we
cigna ceo, former dnc chairman, texas congressman and top health care analysts here to help steer your investments and make smart money. it's all on "squawk box" starting tomorrow at 6:00 a.m.er and. and a fast acting formula. so you can kill bugs inside, and keep bugs out. guaranteed. ortho home defense max. so you can kill bugs inside, and keep bugs out. guaranteed. this is new york state. we built the first railway, the first trade route to the west, the greatest empires. then,...
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Jun 28, 2012
06/12
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>> the architecture of the broadcast signal is the superior distribution cigna -- system. it does not run into broadband congestion. if i invite you to a yankee game in new york city and we wanted to go on line, you would have trouble in yankee stadium on any given weekend to connect with a broad band supplier that did not offer and did not have signal limitations. over the air broadcast signals could touch everybody in that city and simultaneously and would be no degradation. they are vastly superior distribution systems of the signal. >> my last question. i think we all understand the need for more spectrum. the fcc is moving forward with a rule on the spectrum. dish recently acquired the spectrum. what is the status of this item, and when will the fcc issue a final order, in your opinion? >> went through the process last year and were denied that waiver by the sec. then we went into a roll-making process that is complete. comments are in from all the parties who might be effected -- effective in a positive or negative way. the roll-making -- rule making will be decided.
>> the architecture of the broadcast signal is the superior distribution cigna -- system. it does not run into broadband congestion. if i invite you to a yankee game in new york city and we wanted to go on line, you would have trouble in yankee stadium on any given weekend to connect with a broad band supplier that did not offer and did not have signal limitations. over the air broadcast signals could touch everybody in that city and simultaneously and would be no degradation. they are...
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Jun 18, 2012
06/12
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CSPAN2
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we have, in delaware, cigna has 500 employees, big insurance for 5500 employees from delaware serve the ex-pat market, insurance and emergency evacuation services for hundreds of thousands of ex-pats around the world. and they have, this unit in delaware, a similar unit in belgium. the average number of languages spoken by the people in delaware is one. the average spoken by people in belgian history. so part of my job upon the jobs of all the governors appear is to make sure that when companies are deciding where to invest their next dollar of capital, where to hide their next employ, our states are top the list. we've got to make sure that for those kinds of businesses, our folks can actually speak in other languages. that's not what has driven the job growth over the last couple of years but i think in terms of looking forward, it is one thing. it is maybe something that people are not thinking about but i think more than anything else right now it's about the attitude and businesses knowing that you will do whatever it takes to facilitate their success. >> governor? >> a lot of peop
we have, in delaware, cigna has 500 employees, big insurance for 5500 employees from delaware serve the ex-pat market, insurance and emergency evacuation services for hundreds of thousands of ex-pats around the world. and they have, this unit in delaware, a similar unit in belgium. the average number of languages spoken by the people in delaware is one. the average spoken by people in belgian history. so part of my job upon the jobs of all the governors appear is to make sure that when...
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Jun 30, 2012
06/12
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CSPAN
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this at cigna began buying it by providing online access -- significant buying power by providing online access. on-line services today cater to every manner including gruntal, download to know, subscriptions, and at the port did you ring. -- including download to own, subscriptions, and portable viewing. retailers like amazon and blockbuster. new ventures are given. a word about portability. i insist want the convenience to access the content they purchase on a variety of devices without having to buy the same thing twice. we're delivering to this. this began as a company started to add a transferable or downloadable digital copy for consumers to use. now there are a variety of ways to buy one employee everywhere. one comes from the system that is more than 60 studios, stores, and firms that have created a cloud base storage locker for consumer content. when a consumer purchases alter violent media such as a blue ray or dvd, at the consumer has the right to enjoyment that continent by streaming devices at home or on the go. over 5000 titles are available. over 3 million consumers have s
this at cigna began buying it by providing online access -- significant buying power by providing online access. on-line services today cater to every manner including gruntal, download to know, subscriptions, and at the port did you ring. -- including download to own, subscriptions, and portable viewing. retailers like amazon and blockbuster. new ventures are given. a word about portability. i insist want the convenience to access the content they purchase on a variety of devices without...