Search results
Results from the WOW.Com Content Network
Cigna, which got into the Medicare Advantage business with an $3.8-billion acquisition of HealthSpring in 2011, would be backing away at a time when the U.S. government is tightening its purse ...
Shares of the company rose 6.3% after Cigna raised its 2024 profit forecast, just two days after agreeing to sell its Medicare business, which catered to adults aged 65 and above, to Health Care ...
Cigna, which got into the Medicare Advantage business with its $3.8 billion acquisition of HealthSpring in 2011, would be backing away at a time the U.S. government is tightening its purse strings ...
Cigna's Medicare Advantage business generated 4.4% of the company's $179.4 billion revenue from external customers in 2022. Its plans currently serve 3.6 million Medicare members.
These programs were known as "Medicare+Choice" or "Part C" plans. Pursuant to the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, the compensation and business practices for insurers that offer these plans changed, and "Medicare+Choice" plans became known as "Medicare Advantage" (MA) plans.
The announcements come ahead of the beginning of enrollment for Medicare Advantage plans on Oct. 15, which will continue through Dec. 7. Medicare Advantage plans are offered by private insurers ...
Plan D: General Members: June 1, 1979: December 31, 2012: Plan E: General Members: January 4, 1982: November 27, 2012: Non-contributory plan Plan G: General Members: January 1, 2013 [12]-Established in response to the California Public Employees’ Pension Reform Act of 2013 (PEPRA) Plan A: Safety Members-August 31, 1977: Plan B: Safety Members ...
The settlement, reached on Friday, includes a payment of about $172 million by Cigna. Cigna said it also will enter into a corporate integrity agreement with the U.S. Office of Inspector General.