Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (22884)	3/30/2000 11:15:00 AM
From: gamesmistress	Read Replies (1) \| Respond to of 57584

HLTH news: They probably think HLTH would charge them too much, and it's cheaper to do it themselves.....hahaha. March 30, 2000 02:08 Health insurers to form Internet venture - NYT NEW YORK, March 30 (Reuters) - Six of the largest health insurers are developing their own online project to make it easier for patients to enroll in health plans and choose doctors, blocking Internet health care companies from moving into their territory in cyberspace, the New York Times said Thursday. The consortium, whose members are Aetna U.S. Healthcare , Cigna Corp., WellPoint Health Networks Inc. , Oxford Health Plans Inc. , Foundation Health Systems Inc. and PacifiCare Health Systems Inc. have been in talks with IBM and Oracle Corp. and several smaller technologies companies to develop the project, the Times said. The initiative, tentatively called MedUnite, will help patients choose not only doctors but hospitals and would replace paperwork and telephone calls, the Times said. The companies are expected to formally announce the project within the next 60 days, the Times said. MedUnite will pit the insurers against Healtheon/WebMD Corp. , the biggest Internet health care company. Before the companies develop the venture, they were to become Healtheon's biggest customers, the Times said.