Cigna Group Stock Price, News & Analysis

Cigna Corporation is expanding its Medicare Advantage (MA) plans to enhance accessibility and affordability for customers starting from the 2021 Medicare Annual Election Period, beginning October 15. The new offerings include a $0 premium plan in every market and telehealth services for behavioral health and physical therapy. Cigna's footprint will grow by 22%, reaching 369 counties in 23 states, and introducing plans in five new states. Cigna aims to improve health outcomes by increasing its physician network and offering additional benefits addressing social determinants of health.

The Cigna Resilience Index, released on Sept. 29, 2020, reveals that 60% of Americans are at risk of low resilience. Conducted with over 5,000 parents and children aged 5-17 and 1,500 young adults, the study highlights a significant decline in resilience, especially in individuals aged 11-23. Only 37% of full-time workers exhibit high resilience, with many lacking workplace discussions about mental health impacts from COVID-19. Low resilience is correlated with poorer job performance and mental health issues. Cigna is launching GROW FORTH, a resource aimed at enhancing resilience.

Cigna Corporation has launched Evernorth, a new brand for its health services portfolio, aimed at delivering innovative solutions to health plans, employers, and government organizations. Tim Wentworth will lead Evernorth, which integrates Cigna's health services and partnerships to improve the healthcare experience. The brand emphasizes a data-driven approach and aims to address rising costs and fragmented care. Evernorth offers solutions like Healthy Ways to Work and FamilyPath to meet emerging healthcare needs, including those related to the COVID-19 pandemic.

Cigna has appointed John Webb as the new market president for its health care plans in West Tennessee, Arkansas, and Mississippi. His role includes overseeing employer clients with over 500 plan employees and ensuring Cigna's offerings meet client needs for affordable health care. Webb, with over 30 years of health care experience, previously served as CEO of Quantum Reach and held roles at Aetna and Unum. He will relocate to Memphis this fall to lead efforts aimed at improving community health and customer satisfaction in the region.

Cigna Corp, on September 9, 2020, announced an expansion of its health coverage options through the ACA marketplace, increasing customer access in 80 new counties for 2021, representing a 27% growth. The enhancements include $0 virtual care, a new diabetes care plan, and holistic services. Key features such as a real-time benefits check program aim to improve financial predictability for customers. Open Enrollment for 2021 starts on November 1 and ends on December 15, with coverage effective January 1, 2021.

Cigna Corporation (NYSE: CI) announced that CEO David Cordani will present at the 2020 Morgan Stanley Global Healthcare Conference on September 16, 2020, via virtual webcast starting at 8:45 a.m. ET. Investors and the public can access the presentation for free on Cigna's website. The conference aims to connect stakeholders within the healthcare industry, showcasing Cigna's integrated health services. Cigna operates in over 30 countries, serving more than 185 million customers globally.

Cigna has appointed Noelle Eder as Global Chief Information Officer, effective September 14, 2020. Reporting to President and CEO David M. Cordani, Eder will lead the company's global technology strategy to enhance healthcare experiences.

With prior experience at Hilton Worldwide Holdings and Capital One, Eder brings valuable expertise in technology and customer experience. Cigna aims to redefine health care through personalized solutions that enable better care for clients and patients.