Page 47 - Cigna News Today

WASHINGTON—Three years ago, after 1,000 raging white nationalists and violent Trumpites of many different stripes invaded the U.S. Capitol in Republican Donald Trump’s last try to overturn the 2020 election results—and after most congressional Republicans supported his “Stop the steal!” li...

The major averages roared on Thursday, but now investors face another market catalyst: January’s jobs report.

Strong tech earnings helped lift the broader Nasdaq on Friday, while investors also parsed the latest jobs report.

Strong tech earnings helped lift the broader Nasdaq on Friday, while investors also parsed the latest jobs report.

The Cigna Group (NYSE: CI) announced the acquisition by Chicago-based Health Care Service Corp. (HCSC) of its Medicare Advantage, Cigna Supplemental Benefits, Medicare Part D and CareAllies businesses for approximately $3.7 billion.

Health care leaders continue to experience challenges with rising costs and issues getting patients the treatments they need, burdening a system some say is broken.

Healthcare

New Delhi: Enterprise conversational and generative AI technology provider Kore.ai on Tuesday announced $150 million in funding led by FTV Capital, a

The sale consists of Cigna's Medicare lines, including Medicare Advantage, Medicare supplement and Medicare drug plans, as well as a unit called CareAllies that works with physician groups and other healthcare providers. The divestiture marks a change in Cigna's strategy for the sector it had entered with its $3.8-billion acquisition of HealthSpring in 2011. Health Care Service holds a license to provide Blue Cross Blue Shield insurance plans in five U.S. states.

The deal comes at a time when managed-care companies are grappling with rising medical costs from Medicare Advantage customers.