Cigna plans to limit out-of-pocket drug costs for U.S. patients
President Donald Trump in December said he wanted to “knock out the middleman” in drug purchasing.
Cigna taking steps to lower out-of-pocket cost of prescription drugs
Cigna's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
Cigna quarterly profit hit by higher medical costs, shares tumble
Cigna forecast annual profit below Wall Street expectations on Thursday and missed estimates for the fourth quarter, as high-cost claims in employer-sponsored plans drove up expenses in its backup ...
Cigna reports Q4 adjusted EPS $6.64 vs. $6.79 last year
Reports Q4 revenue $65.65B, consensus $63.18B. “While higher medical costs in our stop loss product impacted fourth quarter earnings, we are ...
Cigna Raises Quarterly Dividend by 7.9%, Boosts Buyback Program by $6 Billion
Cigna Group's board has raised the health insurer's quarterly dividend by 7.9%, to $1.51 from $1.40, and added $6 billion to the its share-repurchase plan. The new payout, equal to $6.04 a year, ...
Cigna Earnings Fall Short of Projections, Hit by Rising Costs
Cigna’s quarterly earnings fell well short of Wall Street’s expectations, as high healthcare costs hurt results in a segment of its insurance business. The company, parent of a pharmacy-benefit ...
Cigna sees FY25 adjusted EPS $29.50
Sees FY25 adjusted revenue at least $252,000. Sees FY25 capital expenditures $1.4B. Sees FY25 effective tax rate 19%. The company said, “The ...
Fierce Healthcare2h
Cigna posts Q4 earnings miss as medical costs remain elevated
Cigna said its medical loss ratio was 87.9% in Q4 2024, compared to 82.2% in the prior-year quarter. For the full-year 2024, MLR was 83.2%, which was still higher compared to the 81.3% its insurance ...
Cigna Group stock outperforms competitors on strong trading day
Cigna Group closed 17.56% short of its 52-week high of $370.83, which the company reached on September 16th.
Cigna patients could face disruptions with Community Health System
People with Cigna health insurance who receive care at CRMC, Clovis Community and affiliated doctors could face disruptions.
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Main Line Health threatens to go out of network with Cigna over contract dispute
Main Line Health says Cigna hasn't updated its reimbursement rate since 2016. Cigna says it is negotiating in good faith to ...