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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 ...
The names "Ross-Loos", "Ross Loos Medical Group", and "Ross Loos HealthPlans" are still owned by CIGNA Corporation and remain registered with the State of California Department of Corporations, Department of Insurance, and Department of Managed Care. A street in the Echo Park neighborhood of Los Angeles bears the name Ross Loos Place. The road ...
This Optum-UnitedHealth model of vertical integration [20] is pointed to as having sparked a pattern of acquisition activity in the healthcare industry; most notably, mega-mergers between CVS-Aetna, Cigna-Express Scripts and Humana-Kindred. [21] "Optum's been the leader in showing how a managed care organization with an ambulatory care delivery ...
After U.S. courts upheld antitrust challenges in 2017, Cigna gave up on a $48 billion deal to acquire Anthem -- now known as Elevance He ... now owned by pharmacy chain operator CVS Health -- to ...
Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, br ... Losing the legal battle also caused Aetna -- now owned by pharmacy chain operator CVS Health ...
Owned by Cigna Founded in 1986, Express Scripts ranked No. 25 on the Fortune 500 in 2018, the year Cigna acquired it. It's now part of Cigna's $153.5 billion Evernorth health services division.
Cigna then announced plans in March 2018 to acquire Express Scripts for $58 billion. [63] On November 6, 2017, Gail Koziara Boudreaux was named CEO. [64] In 2018, the company announced a $20 million expansion of its headquarters and the signing of a lease in Atlanta for its technology center. [65]
Insurance Company of North America (INA) is the oldest capital stock insurance company in the United States, [2] founded in Philadelphia in 1792. It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently Chubb Limited) [3] in 1999.