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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 ...
In 2001, EverCare, a UnitedHealth Group subsidiary, merged with LifeMark Health Plans [12] In 2002, UnitedHealth Group acquired GeoAccess and Medicaid insurance company AmeriChoice. [13] In 2003, UnitedHealth Group acquired Mid Atlantic Medical Services, an insurer serving Maryland, Washington D.C., Virginia, Delaware and West Virginia. [14]
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]
A.M. Best Affirms Ratings of Cigna Corporation and Its Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the issuer credit rating (ICR) of "bbb" and debt ratings of Cigna ...
Cigna Corporation and its subsidiaries (the "Company") and its representatives may from time to time make written and oral forward-looking statements, including statements contained in press ...
In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship.In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail.
Cigna, however, on Sunday announced plans to do an additional $10 billion in share repurchases, br (Reuters) -U.S. health insurer Cigna has ended its attempt to negotiate an acquisition of rival ...
Optum was formed as a subsidiary of UnitedHealth Group in 2011 by merging UnitedHealth Group’s existing pharmacy and care delivery services into the single Optum brand, comprising three main businesses: OptumHealth, OptumInsight and OptumRx. [2] In 2017, Optum accounted for 44 percent of UnitedHealth Group's profits. [3]