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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 ...
EviCore by Evernorth is a medical benefits management company. As an outsourced medical review company, it reviews prior authorizations for medical procedures on behalf of insurance companies and Medicaid programs, which it then approves or denies. It also issues medical guidelines, which doctors have described as inappropriately delaying and ...
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.
Cigna's Evernoth unit inks five-year deal with health care giant Kaiser Permanente, opening the door for a broadly-defined partnership.
On March 7, 2018, it was announced that Cigna would buy Express Scripts in a $67 billion deal. [ 6 ] [ 7 ] The deal closed on December 20, 2018 at $54 billion, allowing Cigna to start offering new Express Scripts products to its corporate health insurance customers in 2019.
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 ...
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 ...
U.S. health insurers Cigna and Humana are in talks to merge, a potential deal likely to face aggressive scrutiny from the U.S. Justice Department (DOJ) if antitrust history with similarly sized ...