Page 48 - Cigna News Today

Cigna is selling its Medicare business for $3.3 billion to Health Care Service Corp., the parent of five Blue Cross and Blue Shield plans.

Cigna Group will report fourth-quarter results before the open on Friday, Feb. 2

Healthcare

The Cigna Group will sell its Medicare business to another insurer, Health Care Service Corp., for about $3.7 billion. Cigna said Wednesday the deal includes…

Cigna is selling its Medicare business for $3.3 billion to Health Care Service Corp., the parent of five Blue Cross and Blue Shield plans.

The Cigna Group will sell its Medicare business to another insurer, Health Care Service Corp., for about $3.7 billion. Cigna said Wednesday the deal includes its Medicare Advantage insurance, a supplemental benefits business and Medicare prescription drug coverage. Medicare Advantage plans are privately run versions of the government’s Medicare program mostly for people ages 65 and older.

The Cigna Group is selling its Medicare health benefits businesses and a medical care provider services operation for $3.3 billion to Health Care Service…

Health-care companies were more or less flat as Novo Nordisks robust obesity-drug sales offset weakness elsewhere. Shares of Novo Nordisk soared after the Danish drug giant said sales of...

Recent prior authorization reforms by CMS are a step in the right direction, but not a complete solution according to the AMA.

The Cigna Group will sell its Medicare business to another insurer, Health Care Service Corp., for about $3.7 billion. Cigna said Wednesday the deal includes its Medicare Advantage coverage, a