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Cigna Exiting Individual ACA Market in 2027
Evernorth Health Services business. Cigna intends to maintain its current coverage options and networks related to the ACA business and intends to help policyholders transition to ...
Source: BestWire   Date: April 30, 2026
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Connecticut Regulator Taking Enforcement Action Over Mental Health Parity Law Violations
Hershman said in a statement. "We will continue to use data and enforcement to ensure that consumers have fair access to the behavioral health care they need." Deficiencies ...
Source: BestWire   Date: April 23, 2026
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Major Health Insurers Must Face Repricing Antitrust Lawsuit, Federal Court Rules
Cigna Group, Elevance Health Inc., Humana Inc. and UnitedHealth Group Inc., according to the order from the United States District Court for the District of Massachusetts. The ...
Source: BestWire   Date: April 1, 2026
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Cigna Evernorth Layoffs Continue Alongside Groupwide Efficiency Initiative
Cigna Evernorth Services Inc. is laying off 134 employees at its Morris Plains, New Jersey offices, according to a state WARN notice. It came less than a year after a company ...
Source: BestWire   Date: March 26, 2026
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AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries
The majority of Cigna's core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. In addition, AM Best has affirmed the Long-Term ICR of "bbb+" ...
Source: BestWire   Date: March 4, 2026
Cigna Group Announces Successor to Retiring CEO
Cigna Group has appointed Brian Evanko to succeed David M. Cordani as chief executive officer. Cordani will retire as CEO after almost 17 years in the role, effective July 1, and ...
Source: BestWire   Date: March 3, 2026
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Health Insurers Feel Pressure From Shifts in Government Businesses
Chief Financial Officer Mark Keim. "That'll be much bigger than in past years, just given the price dynamics in the market," Keim said during an earnings call. These reductions ...
Source: BestWire   Date: February 20, 2026
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Lawsuit Alleges Cigna Inflated Drug Prices, Filtered Rebates Through Swiss Affiliate
Swiss affiliate instead of back to policyholders. Plumbers Welfare Fund said the actions resulted in billions of dollars in bribes and kickbacks from drugmakers in exchange for ...
Source: BestWire   Date: February 18, 2026
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Cigna CEO: FTC Settlement Outcome Manageable
Executive Officer David Cordani said during the call. However, Cordani said Cigna had already taken steps to align with the upcoming changes, which also include new regulations for ...
Source: BestWire   Date: February 5, 2026
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AM Best Affirms Credit Ratings of Health Care Service Corporation Group Members and Health Care Service Corp Medicare & Supplemental Group Members
Supplemental Group Members (HCSC Medicare & Supplemental Group). The outlook of these Credit Ratings (ratings) is stable. (See below for detailed listing of the companies and ...
Source: BestWire   Date: January 15, 2026
US House to Hear About Costs Drivers, Affordability From Health Insurance Execs
House Ways and Means Committee. The House Committee on Energy and Commerce Subcommittee on Health will host the executives during a morning hearing, while the Ways and Means ...
Source: BestWire   Date: January 13, 2026
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Cigna Third-Quarter Net Income Lifted by Specialty Care, Pharmacy Performance
Dennison said during a conference call. "As these trends continue, we remain well-positioned to build on this momentum, leveraging our expertise in specialty to drive affordability ...
Source: BestWire   Date: October 30, 2025
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AM Best Assigns Issue Credit Ratings and Indicative Issue Credit Ratings to The Cigna Group
All other ratings of Cigna remain unchanged. The proceeds from the debt issuances are expected to be used to repay $2 billion of loans outstanding under an existing term loan ...
Source: BestWire   Date: September 4, 2025
Cigna Second-Quarter Net Income Flat
Financial Strength Ratings of A (Excellent). Shares of Cigna Corp. (NYSE: CI) were trading at $273.89 during the afternoon of July 31, down 8.08%. (By Steve Hallo, senior associate ...
Source: BestWire   Date: July 31, 2025
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Health Insurers, Network Manager Must Face Price-Fixing Lawsuits, Illinois Court Rules
Northern District of Illinois, Eastern Division. The class-action suit alleges MultiPlan and the carriers using its pricing and negotiation services violated federal antitrust laws ...
Source: BestWire   Date: June 10, 2025
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CVS and Express Scripts Suing to Block Implementation of Arkansas' PBM Law
Cigna Group's chief legal officer, said in a statement. "This law will have devastating consequences for Arkansans' access to essential medications, and we cannot allow it to ...
Source: BestWire   Date: June 5, 2025
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Cigna First-Quarter Net Income Up as Major Segments See Revenue Growth
Services and existing client relationships lifted revenue to start 2025. Evernorth's total adjusted revenue reached $29.74 billion, up from $26.11 billion in the year prior, the ...
Source: BestWire   Date: May 2, 2025
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AM Best Affirms Credit Ratings of The Cigna Group and Its Subsidiaries
The majority of Cigna's core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. The ratings of Cigna Life & Health Group reflect its balance ...
Source: BestWire   Date: April 8, 2025
Cigna Fourth-Quarter Net Income Up 38% Despite Higher-Than-Expected Medical Costs
Cigna Group Chief Executive Officer David Cordani said. Cordani said the medical costs, primarily from the Cigna Healthcare business, drove results below expectations. However, the ...
Source: BestWire   Date: January 30, 2025
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Cigna CEO Cordani Tackles 'Forces Changing the Face of Health Care'
Cordani said in discussing Cigna's financial results. The company's third-quarter shareholders' net income was $739 million, compared with a $1.4 billion profit for the same period ...
Source: BestWire   Date: October 31, 2024
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