CI News

Global health service company Cigna Corporation (NYSE:CI) issued the following statement to support efforts made by the Administration and the Centers for Medicare and Medicaid Services (CMS) to offer lower insulin costs for Medicare Part D participants for the 2021 plan year.

Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]

It is hard to get excited after looking at Cigna's (NYSE:CI) recent performance, when its stock has declined 18% over...

Cigna's (NYSE:CI) International Markets business, in partnership with Kantar, today published its first Cigna COVID-19 Global Impact Study. Part of Cigna's annual 360 Well-Being Survey, this research is the first in a new series of studies from Cigna to better understand the global impact of the COVID-19 pandemic on people's well-being.

Cigna's (NYSE:CI) International Markets business, in partnership with Kantar, today published its first Cigna COVID-19 Global Impact Study. Part of Cigna's annual 360 Well-Being Survey, this research is the first in a new series of studies from Cigna to better understand the global impact of the COVID-19 pandemic on people's well-being.

Cigna has launched the Cigna Care Card to help clients provide financial assistance to keep employees healthy and supported during this challenging time. The new offering will make it easier for employers to support the well-being and peace of mind of employees and their families by designating a tax-free dollar amount to cover expenses incurred as a result of COVID-19.

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The global case tally from the coronavirus that causes COVID-19 climbed above 5.5 million on Tuesday, as the World Health Organization warned of the possibility of an immediate “second peak” in infections from the current wave, if countries and local governments ease measures to contain the spread too soon.

Cigna's (CI) retention of current-year guidance underlines its ability to tide over the present bleak business and economic landscape created by COVID-19.

According to Greg Fann and Dave Dillon, fellows of the Society of Actuaries who work directly with insurers to set health insurance premium rates, costs will be up “in the 4-6% range for the individual and small group market.” Yahoo Finance’s Ethan Wolff-Mann joins Seana Smith to discuss.

The coronavirus is taking a toll on mental health. The number of prescriptions for antidepressant, anti-anxiety and anti-insomnia medications filled per week increased 21% between Feb. 16 and March 15, 2020, according to a recent report by Express Scripts, a Cigna-owned (CI) pharmacy benefit manager. The study analyzed prescription claims filled between Jan. 19 and March 15 of this year among a sample of more than 31.5 million commercially-insured individuals, and found that claims peaked during the week ending March 15, when the novel coronavirus that causes COVID-19 was declared a pandemic.

Cigna (CI) offers digital solutions to facilitate real-time support to its customers for tracking coronavirus symptoms.

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Harvard surgeon and author Atul Gawande will step down as chief executive officer to take on the role of chairman at Haven, the healthcare joint venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co. Chief Operating Officer Mitch Betses will manage day-to-day operations, while Haven looks for a new CEO, the company said.

In response to the COVID-19 pandemic, Cigna is making it simpler and more convenient for its customers to access an expanded suite of virtual support services for mental and emotional health.

Cigna Corp. affirmed Tuesday its full-year outlook for adjusted profit and revenue, and backed its 2021 earnings-per-share target, as the insurer expect to participate in meetings with investors and analysts in the coming weeks. The company expects 2020 adjusted EPS of $18.00 to $18.60 and revenue of $154 billion to $156 billion, both surrounding the FactSet EPS consensus of $18.43 and revenue consensus of $154.71 billion. For 2021, Cigna expects adjusted EPS of $20.00 to $21.00, compared with the FactSet consensus of $20.44. The stock, which is still inactive in premarket trading, has inched up less than 0.1% over the past three months while the S&P 500 has slipped 5.2%.

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Cigna (CI) has added a private messaging application to better serve its members amid COVID-19 breakout.

Cigna has taken bold actions throughout the COVID-19 pandemic to make it easier and more affordable for customers to access the care they need to fight the virus and prevent its spread. Today, Cigna is taking another step forward by expanding its digital capabilities to help customers with COVID-19 by providing real-time, personalized support. These new virtual solutions will help rapidly identify and assist Cigna customers who arrive in emergency room settings with COVID-19 symptoms, and support those who are actively recovering at home.

Cigna (NYSE: CI) and MultiCare Health System have reached a multi-year agreement that ensures access to quality care for Cigna customers at predictable, affordable rates. It covers MultiCare's hospitals and facilities, including Tacoma General Hospital.