May 3, 2021 12:01pm
The Delaware Supreme Court has rejected Cigna s bid to appeal over a $1.85 billion breakup fee with Anthem. (Getty Images/William Potter)
The Delaware Supreme Court has rejected Cigna s appeal bid over a $1.85 billion breakup fee from its failed merger with Anthem.
The state s highest court unanimously sided with Vice Chancellor J. Travis Laster s ruling in an order issued Monday.
The legal back-and-forth between the two insurance giants following the failed merger has been lengthy and contentious, with Laster presiding over much of the case. He called it a corporate soap opera and a battle for power that spanned multiple acts in his August ruling.
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Lines are blurring between insurers and providers as they vie for more of the $3.8 trillion healthcare industry.
A new report by AM Best shows just how much the DNA of some healthcare companies has changed.
Here s how UnitedHealth, Humana, Cigna, and Anthem, are moving beyond just paying medical claims.
The lines are blurring between companies that provide healthcare and companies that pay for it.
UnitedHealth Group, Humana, Cigna, and Anthem are best known for providing health-insurance coverage in the US. In the past, they ve generated most of their revenue by selling insurance plans. Now these companies are increasingly making money by operating clinics and employing doctors to provide healthcare directly to patients.
Cigna Declares Quarterly Dividend
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BLOOMFIELD, Conn., April 28, 2021 /PRNewswire/ The Board of Directors of Cigna Corporation (NYSE: CI) today declared a cash dividend of $1.00 per share of Cigna common stock, payable on June 23, 2021 to shareholders of record as of the close of business on June 8, 2021.
About Cigna
Cigna Corporation is a global health service company dedicated to improving the health, well-being and peace of mind of those we serve. Cigna delivers choice, predictability, affordability and access to quality care through integrated capabilities and connected, personalized solutions that advance whole person health. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Cigna Health and Life Insurance Company, Connecticut General Life Insurance Company, Evernorth companies or their affiliates, and Express Scripts companies or their affiliates. Such products
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