kffhealthnews49m
Cigna: US Patients’ Drug Expenses Won’t Exceed Employer Contributions
In the wake of federal pressure over its prescription costs, Cigna Group is looking to lower the out-of-pocket drug expenses that its patients face by matching the amount to employer contributions and ...
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 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 Stock Dives After Earnings. Here’s What Went Wrong.
Cigna Group stock was falling sharply after the health insurer missed quarterly earnings estimates and issued light guidance ...
Modern Healthcare2h
Cigna tumbles after medical costs hit quarterly profit
Cigna Group shares fell sharply after the health insurer reported fourth-quarter profit that was dragged down by medical costs, a trend that’s concerned investors in the sector for months.
The Cigna Group Q4 Profit Increases, But Misses Estimates
The Cigna Group (CI) revealed a profit for its fourth quarter that increased from last year but missed the Street estimates. The ...
Fierce Healthcare3h
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 ...
The Tokenist3h
Cigna Group (NYSE: CI) Falls Short of Q4 Expected EPS
Cigna Group (NYSE: CI) reported its performance in the fourth quarter of 2024, with total revenues reaching $65.6 billion.
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 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 drops as rising medical costs drive Q4 earnings miss
Cigna (CI) stock falls as the managed care company's Q4 2024 earnings miss the consensus due to an unexpected rise in medical costs. Read more here.
Cigna: Q4 Earnings Snapshot
BLOOMFIELD, Conn. (AP) — BLOOMFIELD, Conn. (AP) — The Cigna Group (CI) on Thursday reported fourth-quarter earnings of $1.42 billion. On a per-share basis, the Bloomfield, Connecticut-based company ...