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 ...
Modern Healthcare6d
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 ...
STAT6d
Cigna’s lower earnings reveal how sick American workers are
Cigna blamed lower-than-expected fourth-quarter returns on its stop-loss insurance business that insures employers from ...
Cigna 2024 Profits Eclipse $3 Billion Despite Rising Costs
The Cigna Group reported more than $3.4 billion in 2024 profits including $1.4 billion in the fourth quarter despite rising medical expenses in its employer plans.
Benefits Pro5d
Specialty drugs and cancer surgery claims will push up stop-loss renewal prices, says Cigna CFO
The villains were injectable specialty drugs like Keytruda and inpatient surgical procedures for seriously ill patients.
Modern Healthcare7d
Cigna plans to limit out-of-pocket drug costs for patients
It’s the latest step from pharmacy benefit managers to respond to relentless criticism from politicians and regulators over ...
Benefits Pro2d
Cigna Group announces plans to reform prior authorization, improve service
The Cigna Group will spend up to $150 million to reform its prior authorization, patient advocacy and provider services this ...
USA Today7d
Cigna taking steps to lower out-of-pocket cost of prescription drugs
Cigna Group CI.N plans to ... drug manufacturers on behalf of employers and health plans, create lists of medications that are covered by insurance, and reimburse pharmacies for prescriptions.
Cigna Launches Customer-Friendly Plan, Says U.S. Health Care System Must Improve
"The health care system in America needs to be better, and we have challenged ourselves to help lead and drive systemic change," said Chief Executive David Cordani. Cigna said its efforts would ...
Connecticut-based Cigna announces plan to reduce prescription-drug costs
Bloomfield-based Cigna announced this week a new initiative that aims to reduce out-of-pocket prescription-drug costs and ...