Cigna Group Stock Price, News & Analysis

Cigna is expanding its Medicare Advantage plans in the Miami area, introducing options in Broward and Palm Beach counties for the first time. The plans, featuring $0 premiums, will be available to Medicare-eligible customers starting January 1, 2023, during the Annual Election Period from October 15 to December 7, 2022. Key benefits include $0 copays for primary care visits, dental allowances, and meal delivery after hospital discharge. Cigna aims to offer more affordable healthcare choices to Floridians, emphasizing its trusted provider networks.

Cigna Corporation introduced the Evernorth Vitality Index, a new tool designed to measure health and vitality for personal, business, and community impact. The index derives insights from a study involving over 10,000 American adults, revealing that less than 20% of Americans maintain high vitality levels, with Generation Z showing the lowest levels. Cigna also announced a $1 million partnership with YMCA of the USA to enhance community vitality through programming in five cities. The initiative aims to improve health, workforce retention, and productivity in a post-pandemic recovery.

Express Scripts, part of Cigna's Evernorth, has partnered with Centene to manage pharmacy benefits for around 20 million members beginning January 2024. This strategic collaboration aims to enhance access and affordability of prescription medications and will utilize Express Scripts' extensive pharmacy network. The partnership follows a competitive bidding process and is expected to drive better health outcomes through improved detection and care.

Cigna (NYSE: CI) is set to offer individual health plan options in four South Carolina counties during the 2023 Open Enrollment Period, starting Nov. 1. The plans will feature virtual primary care via MDLIVE, $0 deductible options, and affordable prescription drugs, including copays as low as $0 to $25 for preferred generics. Residents in Berkeley, Charleston, Dorchester, and Horry counties will benefit from comprehensive healthcare coverage, digital tools, and incentives for healthy behaviors. The enrollment period runs until Jan. 15, 2023, with plans effective starting Jan. 1, 2023.

Cigna Corporation (NYSE:CI) announced that Brian Evanko, CFO, will present at the Credit Suisse 31st Annual Healthcare Conference on November 8, 2022, in Rancho Palos Verdes, CA. The presentation will start at approximately 9:50 a.m. ET, and a live webcast will be available on Cigna's Investor Relations website. The company is committed to providing integrated health services globally, maintaining over 190 million customer relationships. For further details, visit www.cigna.com.

Cigna Corporation (NYSE: CI) will announce its third quarter 2022 financial results on November 3, 2022, at 6:30 a.m. EST. The management will discuss these results during a conference call at 8:30 a.m. EST. Participants are encouraged to join by 8:15 a.m. EST. Replay of the call will be available from 12:30 p.m. EST on the same day until November 17, 2022. Detailed information will be accessible on Cigna's website in the Investor Relations section.

Cigna (NYSE: CI) is expanding its health insurance offerings in Texas, with plans available in 11 counties during the 2023 Open Enrollment Period starting Nov. 1. Key features include virtual primary care through MDLIVE, $0 deductible options, and cost-effective prescription drugs, including capped insulin costs at $25 monthly. The company also plans to host the Health Improvement Tour at the Dallas Zoo on Oct. 29 and Nov. 1, providing free biometric screenings. This initiative aims to enhance access to affordable healthcare for Texas residents.

Cigna reports a 22% growth in its geographic footprint for 2023, expanding into 106 new counties, including New York and Kentucky. The company will offer a $0 premium Medicare Advantage (MA) plan in each county, with most customers seeing the same or lower premiums. This expansion aims to enhance customer choices with services like caregiver support and financial wellness incentives. Cigna's MA plans will be available in 581 counties across 28 states, with a significant increase in the number of specialists in its network.

Cigna has launched Cigna Pathwell, a suite of health products aimed at improving care for patients with high-cost conditions. Integrating Evernorth's analytics with Cigna's medical benefits, Pathwell targets biologic medicines and musculoskeletal pain, enhancing the healthcare experience for patients and their employers. The initiative promises cost reduction and personalized support, especially for those needing infusion therapies. The Pathwell suite aims to evolve further in 2023, adapting to emerging health trends.