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On Thursday, plaintiffs MISUB (SFH), Inc. doing business as Saint Francis Hospital (Saint Francis) and Saint Francis Hospital Bartlett, Inc. (Hospitals) filed a complaint in the Western District of Tennessee against Cigna Health and Life Insurance Company for breach of contract regarding Cigna’s refusal to reimburse the appropriate cost of emergency medical services for Cigna members.
Per the complaint, federal and Tennessee law both require hospitals offering emergency services to treat all patients who center an emergency room, regardless of insurance coverage.
The defendant, and other insurers are required by law to ensure their members receive emergency care when necessary. Cigna has agreed that the plaintiffs’ claims where reasonable and the medical treatments where necessary, however Cigna disagreed over the amount they are being asked to pay. Cigna is only disputing reimbursement for non-participating claims, according to the filing.
Cigna Delivers Strong First Quarter 2021 Results, Raises 2021 Outlook
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Total revenues in the first quarter were $41.0 billion, and adjusted revenues
1 were $41.0 billion
Adjusted income from operations
Adjusted income from operations
2,3 is now projected to be at least $7.0 billion in 2021, or at least $20.20 per share
3
Global health services company Cigna Corporation (NYSE: CI) today reported strong first quarter 2021 results driven by focused execution across its businesses. Cigna remains dedicated to supporting our customers, clients, and communities through the disruption of the COVID-19 pandemic, while also delivering strong financial results, as demonstrated through our first quarter performance, said David M. Cordani, President and Chief Executive Officer. As we continue to execute against our three-pronged growth framework – delivering differentiated value, partnering and innovating, and expanding our addressable markets –
Health Insurance Carriers Market to Eyewitness Huge Growth by 2026 | WellCare, HCSC, Centene Corp, Cigna Health
iCrowd Newswire
07 May 2021, 15:27 GMT+10
A new business intelligence report released by HTF MI with title Health Insurance Carriers Market - Global Outlook and Forecast 2021-2027 is designed covering micro level of analysis by manufacturers and key business segments. The Health Insurance Carriers Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and it comprises both qualitative and quantitative detailing. Some of the key players profiled in the study are UnitedHealth, Kaiser Foundation, Anthem, Inc., Humana, CVS, HCSC, Centene Corp, Cigna Health, WellCare, Molina Healthcare, Inc., Aegon, Allianz, Bupa.
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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