Cigna's healthcare business surged 17% in operating income on stronger employer margins, lifting the insurer to its fifth straight quarter of EPS outperformance and driving a $0.10 guidance raise to at least $30.45 for the year, even as pharmacy benefit income tanked 27% from expected contract losses.
Cigna :
CI
CI
Stock Data
$282.38
$7.13 (2.59%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
HEALTHCARE
Industry
HEALTHCARE PLANS
Cigna Group is a global health services company based in Bloomfield, Connecticut, offering a wide array of insurance products including medical, pharmacy, dental, and behavioral health services. It operates through two main segments: Evernorth Health Services, which provides pharmacy benefits and health management solutions, and Cigna Healthcare, catering to individuals and organizations with a variety of health plans, including Medicare options. Cigna serves customers through brokers, direct sales, and exchanges, emphasizing its commitment to improving health outcomes for its clients worldwide.
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