President Donald Trump in December said he wanted to “knock out the middleman” in drug purchasing.
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's Evernorth Health Services said on Wednesday its actions will enhance transparency about the company's negotiations.
Reports Q4 revenue $65.65B, consensus $63.18B. “While higher medical costs in our stop loss product impacted fourth quarter earnings, we are ...
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 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.
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 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 pulled in $1.4 billion in profit in Q4, a decrease that company officials say is due to elevated medical costs.
Sees FY25 adjusted revenue at least $252,000. Sees FY25 capital expenditures $1.4B. Sees FY25 effective tax rate 19%. The company said, “The ...
Main Line Health says Cigna hasn't updated its reimbursement rate since 2016. Cigna says it is negotiating in good faith to ...