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Cigna's Evernoth unit inks five-year deal with health care giant Kaiser Permanente, opening the door for a broadly-defined partnership. Cigna's Evernorth and Kaiser Permanente team up to expand ...
In late 2020, Express Scripts and several subsidiaries were rebranded and reorganized into a distinct health services organization, Evernorth. [45] Evernorth CEO Tim Wentworth retired at the end of 2021 and Cigna veteran executive Eric Palmer became Evernorth CEO starting in 2022.
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Evernorth houses the pharmacy benefit management business Cigna acquired in its 2018 buyout of Express Scripts as well as the company's specialty pharmacy business Accredo.
In March 2018, it was announced that Cigna, a global health services company, would acquire Express scripts for $67 billion. [22] After the merger of Express Scripts with Cigna in December 2018, Wentworth became the president of both companies. [23] In September 2020, Cigna launched Evernorth, its health services portfolio, with Wentworth as ...
Cigna's Evernoth unit inks five-year deal with health care giant Kaiser Permanente, opening the door for a broadly-defined partnership.
Cigna Group said on Thursday its pharmacy benefit management unit had launched a program aiming to cap annual cost increases for health insurance providers and employers from new weight-loss drugs ...
Most private (non-government) health coverage in the US is employment-based. Nearly all large employers in America offer group health insurance to their employees. [71] The typical large-employer PPO plan is typically more generous than either Medicare or the Federal Employees Health Benefits Program Standard Option. [72]